90105659 - Laserfiche WebLink

Browse

u1:EU ol• �� KNOW ALL MEN BY THESE PRESENTS: that Mark J. Stauss, a single man, hereinafter referred to as "Triustor ", to secure a Note bearing even date herewith for the principal amount of Thirteen Thousand Dollars ($13,QO(Y.00) payable to the order of David A. Rasmussen and Barbara A. Rasmussen as joint tenants, Route 1, Box 102, Cairo, Nebraska 68824, hwreinafter rater red to as *Beneficiary", providing for payment of the entire principal balance, together wtt..b Interest at the rate: of nine and one-half percent (9 1/2 %) per Annum, in monthly installments of one Hundred sixty -Eight Dollars Twenty -Two Cents ( $168.22) each until one hundred twenty (120) months have been paid, do hereby grant and convey unto Vincent L. Dowding, attorney at law, the "Trustee ", the following described property: The Northerly Seventy Six (76) Feet of the Westerly one Fourth (W1 /4) of the Northerly one Half (N1 12) of Block ;en (10) in Windolph *s Addition to t•ha City of crard Inland, Nebraska heincl what wmild Un-i hnt your (•t) in said Block if laid out ii. Lotre JU othue clacks ire said Addition. TO HAVE AND To IIOLD the same, together with all appurtenances, In trust nevertheless, and in ease of default fr. the payment of said Note or any part thereof or interest that-Pon or In the performance of any covenant hereinafter set forth, then the Trustee s shall have the power to sell the above - described property and upon ^_ request of the flene3f iciary, the 'Trustee shal 1 f i le for record in the Register of Deed0a office of Hall County, Nebraska, a Notice of Detnult, setting forth that a breach of an obligation, for which t: Lite said property was conveyo(l .is security, has occurred, and setting forth the nature of such hreach and the Trustee's election = to sell the property to satisl y ;ice obligation; and after the lapse of not less than one (I.) morth, the Trustee shall give written ' ncticc% of the time and of r:::to which may be betwnen 9 :00 a.m. and 5:00 p.m. at the promir:c!;, or al, the Iiall County Courthouse, and particularly describinq the property to he sold; said Notice to be published in a newspaper of a general circulation in Hall County, Nebraska, once a week for hive (5) consecutive weeks, the last publication to be nt least ton (10) d >>ys but not more than thirty (10) days pc ioc• to the sttlti; and the 'Trustee shall then sell said property at the time and place designated in this Nutlue, in '. . the mantier provided 1--y law in ef!twt at the time of tiling said Notierx, and pt:hl it! eruct lon t-n th.� lei tlhcst hidder for cash and shall w: deliver to such purchaser a deed to tho property sold consistent with the law in effect at that time. Additionally, Trustor hereby requests that Trustee shall mail Trustor a copy of any Notice of Default and Notice ut Sa lr hereunder upon default addressed to it at. 4079 Stausti Ru.,., 't and Island, l:ebrarka 68801. out of the proceed^ of said sic te, t Lr Trur•tsw shoI l retain anu lay C rst .111 fees, charges and costn of stale and all movies advanced In the ` ff 1 J t* J