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NEBRASKA DEED OF TRUST <br />(With Power of Sale) <br />Amount of Firat Instalment !._.360.00 Amount of Other Instalments S 360.00 <br />Total of Payments s-25,920 &0 Fimt [uatalmont, Due Date Ju ly 7 119-0 <br />Number of ltonthly instalments _7.Z. _ Final Instalment Due Date Junta 7 -19-M <br />THIS DEED OF TRUST, made thin G _ day of June <br />between - Daryl l;� and Pi=:�r_1 R Smith husband and wife <br />whose mailing address is A Park Gra2. I.s[Anfi. Ne. 68803 <br />as Trtostvrs, __ John Cunn naham attY, _ <br />whose mailing address is 222 N Cedar Grand Island..14R. 68801 <br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing adda4g•ta PO BOX 1373 Grand IsIaI <br />89-1e .2 %!.z <br />119-21— <br />as Beneficiary, <br />WITNESSETH, Trustore hereby irrevocably. grant, bargain, soil, and canvray to Trustee r.n trust, with power of sale, the following de. <br />scribed property in County, Nebracha: <br />c:at 139, Kest Lawn addition to the Q. y of Grand Island, Hall County, Nebraska <br />Together with tenements, herEV;tavmRnts, and: appurtenanoes thereunto beltfnging or in anywise appertaining and the rents, issues and <br />profits thereof. <br />This conveyance its. Infanded for the purpose of seiiuring the payment ta•Beneficiary of Trustors' promissory note, of even date its the <br />amount stated above as ^total of Payments ". Said `Total of,Paymentu!l iii-repayable in the number of monthly instalments stated abi3ve. <br />The amount of the instalment payments due on said loan is stitfiitd abtitd. The first and final instalment due dates on said loan are stated <br />above. Payment may be made in advance in any amount at an»- thae..Default in making any a .. r,___ <br />Q71-4 w1t:ri;iii 8viice or rirariatrii: render the entire unpaid balunae of snit!' In;?n at -secs due and ,ayment �H° a` the ..� "rllela.y a oi^'¢ian <br />payable. less any required rebate of charges. <br />To protect the security of this Deed of Trust. Truster wvenenta Aug' a9v~ <br />1. To keep the property in good: c6ndition and repair; to pe.rMit no waste thereof; to complete any building, structure or improvement <br />being built or about to be built thAms n; to restore promptly and': building, structure or u nprovement thereon which may be damaged or <br />destroyed; and to comply with all laws; atrlinances, regulationv. atvenants, conditions and restrictions affecting the property. <br />2. To pay before delingAent all law:al taxeg and assessmentu upon the property .; to keep zi a property ftwr and clear <br />liens or encuimbrancah iinpairing the secunty of this Deed of Tt-ast of all other charges. <br />ies. <br />3. To keep• ail' builifings now or hereafter erected on the property described fierei:n. p,- >;;cuously insured against loss by fire or .ot°xtr' <br />hazards in, air. e==t'not less tha the total debt sw:un d by this Deed o f Trust. 'Alt �' <br />in such cpmpatii es. as: the Beneficiary may a tzai else shall he held by the, Beneficiary, and' be <br />y pprove and !rave, ibse payable first to the Beneficiary as its interest ma'yr, appear and ;2L4a <br />to the Twister. 'Me dinount collected under any insurance pAlty may be applied upon any indebtedness hereby secured in such ordi.e.as <br />the Beneficiary shall dirtermine Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose+ two <br />Deed of Trust or cure�ur- waive any default or notice of default or invalidate any act done pursuant to such notice. In the event of forecfiauce, <br />all rights of the Truster in insurance policies then in form( shall pass to the purchaser at the 6mclosure sale. <br />4. To obtain the written consent of Beneficiary befcros (telling, conveying or otherwise trtraiil'errin the property or ail. <br />any such sale, conveyance or transfer, without the Bent-ffciary s written consent shall constitute a default under terms a part and <br />5. To defend any action or proceeding purpruting to afYt%,t the security hereof or the rights or powers of Beneficiary or Trustee. <br />6. Should Truster foil to pay when dur, any taus; amessments, insurance premiums, liens. encumbr:jrxes ar other charges against the <br />Property heremabove described. Benefctary triiy ply: the same. and the amount so paid. with interest: fie. the ni.ee- r�r••t forth in the note <br />secured hereby, shall be added to and fiecorrie a pirt.vf the debt secured in this Deed of Trust as permitted by taw <br />IT iS MUTUALLY AGREED THAT <br />1 in the event any portion of the pTOperty ij taken or damaged in an eminent domain proceeding. the entire amount of the award <br />or such portion thereof as may be necessaly to - fully satisfy the obligation -secured hereby, shall be paid to Beneficiary to be applied ,to <br />said obligation. <br />2 By accepting payment of any sum secured hereby after stn due date, Beneficiary does not waive its npht to require prompt payment <br />when due of all other sums so seciiird ur f declare default for failure to so pay <br />3. The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the penion entitled thereto, on written <br />request of the Truster and the Beneficiary, or upon satrafactron of the obligation secured and written request for reconveyance made by <br />the Beneficiary or the person entitled thereto <br />991 GOA INEi <br />L <br />i <br />9 <br />4 <br />.—i <br />