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Amount of First Instalment $ 450.00
<br />Total of Payments t 6a8Q 00
<br />Number of Monthly Instaltrsenta 144
<br />1
<br />105992
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Bale)
<br />Amount of Other Instalment& $ -4J0.00__
<br />First Instalment Dus DitteNOVember 22 .I990.
<br />Final Instalmstit Due Data October 22 J"02
<br />THIS DEED OF TRUbT, made this 10 day of October
<br />between Clarence A. Sonnenfeld and Marsha R. Sonnenfeld. husband and wife
<br />whose mailing address is 3130 North Rd, Grand Island, NE 68803
<br />as Tnutors, John M. Cunningham
<br />whose mailing address is . 222 N. Cedar St_ P.O. Sox 2280 Grand Island,NE 68802_
<br />u Trustee, sad Narwest Financial Nebraska, Inc., whose mailing address is 2337 N. Webb Rd.
<br />P.O. Box_ 1373 Grand Island, NE 68802 , as Beneraclary,
<br />WIT MEM. Trus oss liareby irrevocably, B nE, ibarypun, sell, and convey to Trustee in trust, wmh power of onto, the following de-
<br />scribed property in _ -- . F'181 County. Nebraska:
<br />Lots Nineteen (19) and Twenty (20) in Ed Imes Subdivision Nmber Two (2) a Subdivision of part of the North
<br />Dv-- bllf (16) of the krChaast Quarter (NE%) of Section Two (2) Toltnship Eleven (11) NM, Range Ten (10)
<br />West aF the 6th P.M. 'in Bail Canty, Nebraska, except a tract of land beginning at the NE Conner of said
<br />Lot 20, thence rming Westerly along the NAM Line of said Lot 20, a distance of 968.0' thence nming
<br />Souttlerly, pdratle) to the East Line of said lot 20, a distance of 135.0'; Vveire naming Easterly parallel
<br />to the lbrth Une'of said Lot 20, a distance of %8.0' to a point on the East Line of said Lot 20; thence
<br />naming northerly along tote East Line of said Lot 20, a distance of 135.0' to the point of beginning and
<br />cafluining 3.00 acres more or less.
<br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise awrtaining and the rents, issues and
<br />profits thereof.
<br />Ills conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' prormissory note of even date in the
<br />amount stated above as -total of Payments ". Said 'Total of Payments" is repayable in the number of monthly insttalmente stated above.
<br />The amount of the instalment payments due on said loan is stated above. The first and final instalment due data on said loan are stated
<br />above. Payment may be made in advance in any amount at any time. Default in making any payment shall, at the Beneficiary's option
<br />and without notice or demand, render the entire unpaid balance of said loan at once due and payable, less anv required rebate of charges.
<br />To protect the security of this Deed of Trust, Truster covenants and agrees:
<br />1. To keep the property in good condition and repair, to permit no waste thereof; to complete any building, atrowture or improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property.
<br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property We and clear of all other charges,
<br />liens or encumbrances impairing the security of this Deed of Trust.
<br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fire or other
<br />hazards in an amount not leas than the total debt secured tai We Deed of Tnwt. All policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have tae payable first to the Beneficiary as Its interest may appear and then
<br />to the Trwtor. The amount collected under any insurance policy may be applied upon any indebtedewss hereby secured in such arder as
<br />the Beneficiary shall determine. Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this
<br />Deed of Trust or cure or waive any default or n3:ice of default or invalidate any act done pursuant to such notice. In the event of foreclosure,
<br />all rights of the Trastor in insurance policies then in force shall pass to the purchaser at the foreclosure sale.
<br />4. 1b obtain the written consent of Beneficiary befomoellyng, conveying or otherwise transferring the property or any part thereof and
<br />any such onto. conveyance or transfer without the Benenciaryll written consent shall constitute a defoule under the terms hereof.
<br />b. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />ti. Should TrusWr fail W pay when due any taxes, assesementa, insurance premiums liens, encumbrances or other charges against the
<br />property herwinabove described. Beneficiary may pay the same, and the amount sr, paint, with interest at the rate set forth in the note
<br />secured hereby, shall be added to, and become a part of the debr secured in this Deed of Trust, an permitted by law.
<br />rr IS MUTUALLY AGREED THAT:
<br />1. In the event any portion of the property as taken (ir damaged in an eminent domain prervedrn,g. the entire amount oC tChe award
<br />or such portion tbe,esof as may be necessary to fully satisfy the obligation secured hereby, shalt be rani to Beneficiary to be applied to
<br />said Obligation.
<br />2. Fkj accepting payment of any sum secured hereby after •its due date. Beneficiary does not wasvr its right to reyvire prompt payment
<br />when sue of all other sums so secured or to declare default for i allure to so pay.
<br />3. The Trustee shall reeonvey all or any part of the property covered by this Deed of Trust to ':he permion entitled thereto, on written
<br />request of the Truster and the Beneficiary, or upon manafactum of the obligation enured and written request for reconveya -V made by
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