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<br />'ITT Financial Services
<br />' 2014 N. Lawrence Lane G
<br />ccoirR f:0 - - � C
<br />i 1791272 1
<br />II NAME AM ADCAM OF "MTON
<br />Laura Smith
<br />t 123 W. 15th
<br />Grand Island. NE 68801
<br />i AMOUNT of LOAM
<br />25908.96
<br />BENEFICIARY: (Name and Address)
<br />Island, NE 68803
<br />89
<br />DEED OF TRUST
<br />(SECURITY AGREEMENT)
<br />rtA PMT OtSE -N ' NO. PAYMENTS UISi PMT. qqJE OM
<br />OF %17)aq 1. 120 �05%17r.99 long
<br />raL- "I OU- T ?E741.41,FMr AWT�Ur* r!Lt. AMOUT. :• "
<br />IB.GO eL .4L . is 4 '00
<br />89-- 102458
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<br />This Deed or Trust is made May 12 19 89 t5r tw Inm a single �iSfHYb .
<br />723 West 15tH Street;' Grand ysland, N 6801 ,;Truster
<br />and Jerry J. Kilmer, 1503 ubst Ind Street,, Box 1068, Grand Is IRE, NE 68802 , Trustee and Beneficiary.
<br />By this Deed of Trust the parson(s) signing below, the •' Trustor" grants and conveys to Trustee in trust, with Power of Sail:'v' Aect to the right to collect
<br />income, the following described real estate, situated in Nebraska, dounty of Hall
<br />Lot Five (5) , Block T'nirteEa . (13) , Schinmer's Addition
<br />to the City of Grand Island,, Hall County, Nebraska
<br />FOR THE IPQAPOSE OF SECURING:
<br />(A) Perforr -,4' a of eac'+ agreement of Trustor cunt ze?..t hexer: ;B; r.ayment of the principal sums with inreL'E , a.3 provided in the terms and provisions of a
<br />Note, Security Agreerre ,rand Disclosure Statememrair_.ven d?a'*V rvwswilh executed by Trustor, and (C) ire rja,° rent of any money that may be advanced by
<br />the EleneGYiary to Trust:.r for any reason or to third parties with .i,mrnt thereon, where the amounts are ad enlad to protect the security or in accordance
<br />with iNs Dard of Trust or as otherwise allowed by law.
<br />TO PROM n. THE SECURITY OF THIS DEED OF TRUST, TRUST6+ AGREES:
<br />T. To keep the property in good condition and repair; not to remove or demolish any building thereon, to complete or restore promptly and In good and
<br />workmanlike manner any building which may be constructed, damaged, or destroyed thereon, and to pay when due all claims for labor performed and
<br />materials furnished the; }for, to comply with all laws affecting said ro ny alterations or improvements to be made thereon; not to commit or
<br />permit waste thereo4, ,ft to commit or permit any n law. and do all other acts which from the character or use of the
<br />prooertf rnay F.p reaSCnably necessary.
<br />„� ,r1q f± glAi+►O
<br />2- To pr;r; r;,5., :maintain, and deliver to Beneficiary a insurance Eeitll 'fad44 wit loss payable to Beneficiary The amount collected under any fire or
<br />other insurance policy maybe applied by Benetrcl,; _eon any indtx�U.Alness secured hereby and to such order as Beneficiary may determine, or at option of
<br />Bepefielary the entire amount so collected or ar,y cant'!ereof may ' -_ released to Trustor Such application or release shall not cure or waive any default or
<br />nohcp of Trustee's sale hereunder or invalidate any a•;; done pursue ?' to such notice
<br />3. To appear in and defend any action or proceeding purpurtinr,,;, :;r• :ct the sst:un!y hereof cr'Pq rights or powers of BeWictary or Trustee; and to pay �!:
<br />costa �Pr ;,t_'gense;i of Benebcoi f and Trustee. wcludirg cost cr,,.crGance of title and attorrl:3 Ices to the extent perr:uUai! Ly tav,, in ar.y such ncticr or
<br />procoec?nr�, in •Nhirh Beneficiary or Trustee may appear ur be r ,a ,a;, zr.ti in any soil brought tr 13tant +rciai y or Trustee to this Deer of Trust.
<br />C To pay before dehnquent• itli taxes and assessments affectw5 trx> property. wr,ei dae, all encumbrances, charges, and hens, with interest. on the property
<br />or any part thereof, which appear to be prior or super or hereto; all costs, fees. arts: 1 :.ipemtjs of this Trust including, without limit. the f•1;ert of Trustee for
<br />issuance of any Deed of Partial Release and Par^fal P;cnnveyance or Deed of anal Full Reconveyance, and all lawful charges, and expenses
<br />in the event of reinstatement of, following default in. this Deed of Trust or tho obligat.Vs secured f-•; this Deed of Trust.
<br />Should Trustor fail to make any payment or to do any act as herein provided, then Beneficiary : - Trustee, but without obligation so to do and without notice
<br />to or demand upon Truster and without releasing Truster from any obligation hereof, Wray make or do the same in such manner and to such extent as either
<br />may {teem necessary to protect tie security hereof. Sonobciary or Trustee being .authorized to enter upon said property for such purposes; appear in and
<br />defend any action'or proceeding purporting to affect the security hereof or 6-e ights or powers of Beneficiary or Trustee; pay purchase. contest, or
<br />compromise any encumbrance, charge• or lien which in the ;udgment of either appears to be prior or supenorhareto; and.-in exercising any such powers.
<br />pay necessary expenses• emp:oy counsel. and pay tits reasonable fees• as permittell by law
<br />5 To pay immediate, ty anc without, demand all sums expender by q.-,- ehc:-t, f r,r Trustee 1,oisuicnt to the provisions hereof, together :v,th interest from date of
<br />expenditure at tho same rato as is pros ded for ,n tnc by th.;, Deed of Trust. Anf riwjur!l& sir pa :d bf o 'r©ficeary or Tr „,teeShf,rt l,uLOrne a par:
<br />o' the debt secured by mts Deed of Tru 5;1 and alien on sa.d premises or im-nediately due and oafable, at option of Beneficiary or Trustee.
<br />IT iSMUTALLY AGREED:
<br />$ Thal any a:►aid of daniEiges to connectior. wah any cordemr,w-o7 or ar f such taw,.r.g. o-r for :nrur, t., !ne propery by reason of public use, t.r for dan -cages
<br />for pri fats trespass or .nrur f thereto, is assigned and shall tier paid to Bc •ref c ar f as furiner sec ,nty fur 71' obbg:rLons secured hereby (reserving urge the
<br />Trustor, ho+re+er. tee right to sue tt:erefor and !ere ewret;h D it:e :eof suLiect to th,s Dt -0 of Trusti. err• -i upz,r. ;ccetpt of suer• mo -.e fs Benef:ctary ma. : :nlff
<br />trOO� ,V ii, nur h iu,!itur sccurirf . nr ip piynr r0. -:.? ) inn came .r+ rr:A C,th6 .- +�nno. qn _i ,i,acl th•+ c,, rr :,• r•k�+(r (,, r(: ,n r p jQ- 1
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<br />fire r,!her astrarwr ••f
<br />L7 That t me is of the esser'; o 5f tins Deed of Trust and that by accspl;ng payment of any sum sscur,:d riercb f alter ,s due date
<br />mg rght t',the• to re:rune ritorr;,t per fmont when due of w others n.s so Secured or lc dec ;are defaun for fairure e,, to pa f
<br />8 That nt any time 61 from time t, ume, and without rc)t,cE, i,iion wrifte:+ feques: of Brnef -- Try and pre ^Lira • r _i! this UE'c r L •rn.g! and said scrod ., tin
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<br />n J O . c ti y ;:arson f•)t p,,y^ �t ,.f tlle . Wt: tiledr L.,o seLt.'eJC I erEl)ti .,r:rl
<br />aftucPryg tie se;,dnff rvro3 )f fug fl,” fu I ar,lount %CGtired herdbf an ail p:Cperty re n,on. "q S.,bJ t :era', t "d r.' 01w t ',it, , ecesS:!}' :nit
<br />rE pt strLlg tllEtYa' 1e Cr :r1,y p�rt„n'hrfe0} of ihr+ S;•cperly affected blithe Trustee's Eicher tie c wdited zr• •',u '-d8oted;T(.S, :r,e Tr„srae „,ay r 11 tc :cis, .in(I
<br />rE, rr.rg, all r, wiy van of sa 'j popeity '•b} cons: {ant tr) rt,C n:ykwg and recording "r C:IJier of al .f rn 1:. Cr ;.list c.r `hf. ?'Ur-f+rt,r t "f ,',)• C a1 tht're.-f •, i •u• ,
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