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<br /> • � � �a��� DEED OF TRUST --
<br /> � KNOW ALL MEN SY THESE PRESENTS: that '�ROY J. BEEM & TRICIA flEEM,
<br /> -'.� . HUSBAND AND WIFE � hereinafCer referred to ae the "Tr�}��Cq��SrAg1D O
<br /> � . , secure a Note bearing even date herewith for the principel amount of
<br /> ' ONE HUNDRED TWENTY EiGHT AND 31/100 Dolldrs ($10.128. ) p8yable ��
<br />����,, � • to t"he order of GRAND ISLAND INVESTMENT COMPANY. hereinafter referred to as the
<br /> • ., "I3eneficiary", providing for payment of tha entire pri.ncipal balance, together
<br /> " . - with interest at the rate of 14.�9 percent ( 14.9 X) per annum� �
<br /> - •: � in monthly inatal�ments of THR�E IiUNDR�D E�T APIS 93/100
<br /> � Dollars ($ 310.9 ) each until � , }{1}�_, at
<br />?: ._. ';�, whicli time all principal and interest provided for by this Note ahall have been paid,
<br />-��� �������� do hereby grant and conv�y �ntil AREND R. HAACK� Attorney at Lew, rhe "Trustee",
<br /> - ' the followin described ro ert
<br />_•r�s' ;.�;;v B- P P Y�
<br />_
<br /> I.ot Seventy-nine (79), in Hagges' Subdivision in the City of Grand Island,
<br />_•+��� � Nall CounCy, Nebraska,
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<br /> yr^""'.,"'`,• TU HAVE AT�D TO HOLD the same, together with all appurtenances, in trust
<br />}y�:;;r_, . neverthel.eas, and in ense of default in the pnyment of eaid Note or any part
<br />�,�r.:�-' thereof or interest thereon oz in the performsnce of any covennnt hereinafter
<br />—. W..,.x..
<br />�=:.t�L:S� set forth, then the Trustee shnll have the power to sell the above-described
<br /> -W=°^-�==w:"�� property, and upon request of the Beneficiary, the Tzuetee ehall file for record
<br />��!� in the Register of Deeds' Office of Hall County. Nebraeka� a Notice of '
<br />- .�„�r'"",', Default, setting forCh that a breach of an obligntion� for which the eaid property
<br />��•?*.�`� wns conveyed se security. hne occurred. nnd setting forth the nature of such
<br /> ~'�'�~'-���-� breach and the Trustee's election to sel.l the property to satisfy the obligation;
<br />,`��'� • �'''•� and after Che lapse af not leae than one (1) month, the Truetee shall give
<br />-=--"�'- � wrttten notice of the time and place of enle which may be between 9:00 a.m. and -
<br />�:�4y:;t•`� 5:00 p.m. ac the premises. or at the Hall County Courthouse, and particularly
<br />—"''-'� ' � describing ehe properCy to be sold; said Notice to be published in a new�paper of -�
<br /> �+���- ' a general circulation in Hall County� Nebraskn, once a week for five (5)
<br /> consecutive weeks, the last publication to be at least ten (10) days but not =
<br />��:� : `�, " more than thirty (30) days prior to the sale; and the Trustee shall then sell said
<br /> property at the time and pince designated in the Notice, in the manner provided �
<br /> by law in effect at the time of filing said Notice, and public auction to the
<br /> � t liighest bidder for cash and shnll deliver to such pur.chases a deed to the property
<br /> � solds consistent with the laW in effect at thnt time. Additionally, Trustee shall
<br /> i mail Trustor a copy of any Notice of Defuult and Notice of sale hereunder
<br /> upon def2ult adrlressed ta them at1419 k* Hsggc, Grand Islatid.NB 68801 put of che
<br /> - proceeds of said sale, ttie Trustee shall retain and pay first a:ll fees, charges
<br /> ,, �� and costs of sale and ull monies advanced in the exercise of the power of sale,
<br />_ � including the payment of the Trustee's fees actually incurred, and pay second
<br />- the obligations secured by this Deed of Trust; and the bnlance, if any, sha].1 be
<br /> paid to the person or persons legally enCitled thereto. Any person, including che
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<br /> _ .--_ '—i --""'..���l� w.�.! C�.�...w�a�.. vuav ��v��..u��� o�. oua.�a u01C•
<br /> - j 'Phe trustor covenants that ae the time of deliver} of thesP presents, I
<br /> they are seized of said property in fee simple, and that said property is free •
<br /> ' of encu�brances� except encumbrances� easements, rights-of-way, restrictions and '
<br /> � reservations of record, and they will properly maintain che property, keep all '
<br /> - �
<br /> - � buildings insured for fire and extended coverage in an amount equal Co the �
<br /> � unpaid balance of the af oresaid Note� with loss payable to the Beneficiary, and
<br /> , ti.ill pay al.l taxes and assessments against said property and amounts due on prlor
<br /> _ � ! encumbrances, und if they shall fail to pay insurance premiums or taxes on
<br /> - amounts due on prior encumbrances, ths Beneficiary may �ay the same c�nd all
<br /> = amounts so paid shall become addiCional indebtedness due hereunder; and in case
<br /> - of foreclosure, Trustor will pay any reasonable attorney £e�s incurred by
<br /> - ; l�eneficiary ur Trustee in such foreclosure pruceedin�s.
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