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<br />fig! 102408
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of First Instalment $- 173.00 Amount of Other Instalment JIBRe�L_19�9
<br />Total of Payments s 8304.00 First Instalment Due Data
<br />Number of Monthly Instailments 48 Final Instalment Due Data _ stay 15 1s-93
<br />THIS DEED OF TRUST, made this 14 _ day of
<br />between
<br />no D Sems and Carol A. Sems3 husband and wife
<br />Whose mailing address is 910E Oklahoma Grand Island, Nebraska 68801 ,
<br />rs, John M Cunningham, Attu
<br />as Trusu
<br />whose mailing address is 222 N Cedar P.O. Box 2280. Grand Island. NE 68802--- ,
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is 2337 N. Webb Rd.
<br />P-0. Box 1373 Grand IS land! NE 68802 as Beneficiary,
<br />WITNESSETH, Trustors hereby irrevocably, grant, bargain, self, and m-avey to Trustee in trust. with, power of sale, the following de-
<br />scribed property in R8 Quaty, Nebraska.
<br />Lot 9 ta- .Hock 3 in Pleasant tliev t �itivo : o the City of Grand Islar: Hall
<br />County's Iftbr•aska.
<br />Together with tenements, hereditamento, and appurtenwuy .tlsr----rto belonging or in anywise P- r_--- taming ani the rents, issues =4- .
<br />pvwita thereof,
<br />This conveyance is intended for the purpose of secures 13. e. pa;r �t to Beneficiary of Trustors' . promissory note of even date in the
<br />amount stated above as 'Total of Payments". Said '°Dotal c' tea; , e�.t�° irs, repayable in the number of monthly instai menta stated above.
<br />The amount of the instalment payments due on said loan �. :fyfr31 ' zb�we The first and final instalment due dates on said loan, are stated
<br />above. Payment may be made in advance in any amount' at' � =y time. De�Eault in making any payment shall, at the Beneficiary's option
<br />and without notice or demand; render the entire unpaid hcfo;na-- of said loan at once due and payable, less any required rebate of charges.
<br />To protect the sects t-y of th1¢ Ueed of Trust, Truster saver, :ste and agrees:
<br />1. To keep tliq property in good condition and repair; to permit no waste thereof; to complete day building, structure or improvement
<br />being built or about to be built thereon; to restore promptly any build rg, structure or imprc mm -rot thereon which may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regulations, covenaatE a-aditions a { -eswricii :,tea :s.,Pectirtg the property.
<br />2 -To pay before delinquent all lawful taxes and assessmfml�-• upon the property; tc- ket�z the p- mFO.ty free and clear of all other charges,
<br />tWns or encumbrances impait"ing the security of this Deed olTTl- t.
<br />3. To keep all buildings now or hereafter erected on the property ?*scribed herein continuou<_'y :7:Qured against loss by fire or other
<br />hazards in an amount not less than the total debt secured by this T)Etd.of Trust. All policies :loft; i_e neld by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have loss pz�uitiit first to the Beneficiwy.eb it-a, interest may appe&i and then
<br />to lisp Truster. The amount collected under any insurance policy may 'lie applied upon any indeZp0tress hereby secured in e•, order as
<br />thn Beneficiary shall determine. Such application by the R&- neficiary shall not cause discontit(.zah a of any pmxini -iga to foreclose this
<br />Deed of Trust or cure or waive any default or notice of defi,W t :.r invalidate any act done pursuant rc• mch notice. fn t!',_ event of foreclosure, .
<br />all rights of the Trustor in insurance policies then in force aV oYU pass In rc.> purchaser at the foreclasase gate.
<br />9. To obtain the written consent of ilenefigiary before selling, ct v;,e5+ril or otherwise transfers :ng the property or any part thereof and
<br />any such sale, conveyance or transfer wiCtoai; the Beneficiary's written m mant shall constitute a ce(=an;e under the terms hereof.
<br />5. To defend any action or proceeding purporting to affect the security !,rr :for the rights or powers of Beneficiary or Trustee.
<br />6. Should Truster fail to pay when due any taxes, s,r.asan:ents, insl: sri;e premi sma, liens, encumbrances or other charges against the
<br />property hereinabove described, Beneficiary may pay 011f tame, and 51;n :.;count so paid, with interest at the rate set forth in the note
<br />secured hereby. shall he added to and becxne a part of -0-,e debt secured in thus Deed of Trust as permitted by law.
<br />IT IS MUTUALLY AGREED THAT:
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion thereof as muy be necessary to fully satisfy the obligation secured hi,reby, shall be paid to Beneficiary to be applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after its due date, Beneficiary does not :naive its right to require prompt payment
<br />when due of all other sums so secured or to declare default for failure to so pay.
<br />3. The Trustee shall reconvey all or any part of the property covered by this Decd of Trust to the pemn entitled thereto, on written
<br />request of the Tru3tor and the Beneficiary, or upon satisfaction of the obligation secured and written request for re•conveyance made by
<br />the Beneficiary or the person entitled thereto.
<br />99+ G84 (NE)
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