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<br />TRUST DFFD 89- 103730
<br />THIS DEED OF TRUST, made And entered into this 16th day of — July , 19 89
<br />� ar ltetwinn Aobirt a. f3livra and Nadu: J. 6liva,Trustot. and Insured Titles Inc. . Trustee.
<br />d artd x 116 as Joint tenants
<br />and steurity Pttni Pi an ia1_ .rvi _ +� �f is , Beneficiary.
<br />Inc.
<br />WITNESSETH: That the Trustor does by these presents grant, bargain and sell, convey and confirm with Plower of Sale unto the
<br />Ttutttee the follmvirr / described Real Estate including all buildings, improvements, and fixtures of every kind now or hereafter erected or
<br />plaoed on the teal a ale. *PA*d in Hall County, in the State of Nebraska:
<br />�PMa Northerly 46.3 feet of Lot 6 in Block 46 in Rasnel Wheeler's Addition to
<br />tho City of Grand Island. Hall County, Nebraska.
<br />and possession of said premises is now delivered unto said Trusim
<br />TO HAVE AND TO HOLD the same, with all rights, privileges, and appurtenances thereto belonging unto the Trustee. his executom
<br />administrators, heirs. and assiarts forever. And the Trustor hereby expressly waive& releases, and relinquishes unto. the Trustee all right,
<br />title. claim. interest. benefit. and estate whatever. in and to the above- described premises and each and every part thereof. which is given
<br />by or results from all laws of the State of Nebraska pertaining to the exemption of homestead And the Trustor covenants with the Trustee
<br />that he will forever warram and defend the title to the same against the lawful claims of all persons whomsoever.
<br />IN TRI S r HOWEVER, for the fkAlowing described purposes: To secure full and prompt perfmmnce of all the terms and vvwdi- ,
<br />tiiam of that
<br />Reva4vi Load � - - -
<br />rag ,!1�ettnent of even date herewith {including particularly, but not excliisivtly. pmmpf payment of all sutras
<br />which am or may become payable from time to time thereunder) and any extensions. renewals. modifications rx refinancings thereof,
<br />which Revolving Loan Agreement obligates Beneficiary,. subject to the conditions stated thereim to adrni=c to Trustor up to
<br />plus f na;we attid oincr charges. Teri —
<br />© Note of even da:0.e herewith. in the principal sum of US. S 1 1730 - 79 payable in monthly installments of -principal,.
<br />and interest, with the tttdance of the indebtedness, if not sooner paid. due and payable on - '4U141 24
<br />It is agreed by and between parties hereto that until filing of Notice of Default, the Trustor, rshailt (I j pa) .pli present and future
<br />tarots and assessments, general and special, against said property before the same becomes delinquent,rrr tactionable; (2) keep all improve-
<br />,� rrAnts erected on the land insured as may be required from time to time by beneficiary against loss *,' -fire and other hazards, casualties
<br />and contingencies. in such amounts and for such periods as are reasonable and may be required by beneficiary, and to keep all policies
<br />of such insurance in force or effect upon the property herein described constantly assigned and delivered to beneficiary; (3) pay and
<br />comply with all-the terms, and conditions of any lien, claim or indebtedness that may be senior to or take precedence over this Trust
<br />Deed as soon as any _idle >. payment on or of such lien, claim or indebtedness. shall become due; and upon failure of Trustiest` to keep
<br />any said agreements. beris(i ary may pay such um� pay for such insurance or pay off such liens or ddims or indebtedness as the case
<br />may be. and the money so expended. with interest at:•99,, per annum. shall be secured by this Trust Died. and the Trustor agrees to repay
<br />the same upon demand. and upon failure to do so'the balance of the attached note shall become immediately due and payable at the
<br />option of the beneficiary; (.4) specifically confer upajothe Trustee the power of sale as provided in Nebraska law: (5) retain possession
<br />of the premises and collf i `tlit rents and revenues tligiefiorm
<br />Upon p wment'of all the sums secured by this Iust tkcd ;'the Beneficiary shall request the Trustee to reconvey the property and
<br />shall surrender this Trust Deed and all notes evidencing indebtedness secured by this Trust Deed to the Trustor. Trustee shall reconvey
<br />the property without wariwity to the person or persons legally entitled thereto; but if default be made in the payment of said note or
<br />any part thereof or any of the interest thereon when due or in the faithful performance of any or either of said agreements as aforesaid.
<br />then the whole of said note shall become due and be paid as hereinafter provided, and- this deed shall remain in force. the Trustee or
<br />his attorney may proceed to sell the pwpeny in its entirety or in parcels at the option of' the Trustee hereinbefore described at public
<br />auction, to the highest bidder, for cash However, the power of sale herein conferred upon the Trustee shall not be exercised until (1)
<br />the Trustee shall first file for record. in the office of the register of deeds of each county wherein the trust properly or some part or
<br />parcel thert:af is situated, a notice of default, identifying the Trustee by stating the names of the Trustor and names therein and giving
<br />ifte book and pW where the sane is recorded a description of the trust property, and containing a statement that a breach of an obligation
<br />for which the trust property was conveyed as security has occurred, and setting forth the nature of such breach and of his election to
<br />sell or cause to be sold such property to satisfy the obligation: and (2) after the lapse of not less than one month. the Trustee shall give
<br />notice of sale' as pruvidcd by Nebraska law. After notice of default and lapse of not Ics, than tine month. the Itustee shall give writtert
<br />notice of the time and place of sale partttulariy describing the prrtperty to be sold by publication of such notice. at least file times.
<br />once a week for five cchwcutive weeks, the last publication to he at least i0 da5s but not nine than In da },i prior to the, ale, to %nine
<br />newts. Mpce having a general circulation in cacti county in which the properly to be told. of onie part thereeof. is situated Upon such
<br />s:de. the Trn:stce %hall ckccute and delucr a deed of ct>nkeyani e t,f the property sold to the purcha >cr or purchaser~ thereof and any
<br />vriucrflotiA vi icui,ti.11 tact tit suc;i dccd in relativii to the csercoe of true porter of +.de.trfJ �.ile it' the rneperl% ere iLsthed nheiem, n,clud!ny
<br />reu teals cooccmir it .mti, ff1.111t1fX ; etW'tnai :lelner} and pithlftatton :11 lute rto',it c tit clef ",ufh, ar} 111.11111io ,t!lJ the plthlrt,.ill on .Intl r1 =,1111.2
<br />44 Rn!itA tit 4.1!i'..!n,} life %f-P(fuit 11 +..lIC..N[ ;t teli.h recital lull tf omwote p! tr?. 1 fa,:!e c;,1&n.e tit %11,111.4 ifMP1 t' sr,l I.">,t• t %1JVIIci.
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