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<br />106344
<br />NE®RASKA DEED OF TRUST 90
<br />(With power of Stile)
<br />Amount of First Instalment i.- 161.00 — Amount of Other instalments ll 161-00
<br />Total of Payymenta $ 5635.00 First Instalment Due Pate Decelliher— R . ig9a.
<br />Number of Monthly Instalments 35 Final Inrtalment Due Date October 6 . 111 9
<br />THIS DEED OF TRUST, made this 30 day of OCtoher . 19- 0---.
<br />between '
<br />whose mailing address is 1 RnX 106 Aida Nl: 6881(1
<br />as Trustom, John M Cunningham
<br />whose mailing address is '
<br />as Trustee, and Notweat Financial Nebraska, Inc., whose mailing address In 2337 N. Webb Rd.
<br />P.Q_ Box 1373 Grand iciantt. jF 68802 , as BenePciary,
<br />W1TN6SSETH, Tr istors hereby irrevocably, grant, bargain, sell, and corvay to Trustee in trust, with power of sale, flee followfag de-
<br />scribed property in a 11 County, Nebraska:
<br />Lots 3 and 4 in Stevenson Subdivision of art of Lot 5 of the County Subdivison of
<br />the Northwest 4 and the West% of the Northeast % of Section 5, Township 10 North,
<br />Range 10 West of the 5th P.M. in the Village of Alda, Hall County, Nebraska.
<br />Together with tenements, hereditaments, and appti tenancas thereunto belonging or in anywise appertaining and the rents, issues and
<br />profits thereof.
<br />This coawyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the
<br />amount stinted above as 'Total of Payments^. Said "Total of Payments" is repayable in the number of monthly instalments stated above.
<br />The amount of the instalment payments due on said loan is stated above. The first and final instalment due dates 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 any required rebate of charges.
<br />To protect the security of this Deed of Trust. Trustor covenants and agrees:
<br />1. To keep the property in good condition and repair, to permit no waste thereof; to complete any building, structure 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 ftee and clear of all other charges,
<br />liens or encumbrances impairing the security of this heed of TSust.
<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 less than the total debt secured by this Deed of Trust. all policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve arid have loss payable first to the Beneficiary as its interest may appear and then
<br />to the Trustor. The amount collected under any insurance policy may be applied upon any indebtedness hereby secured in such order 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 notice of default or invalidate any act done pursuant to such notice. to the event of foreclosure,
<br />all rights of the Trustor in insurance policies then in fore shall pass to the purchaser at the foreclosure sale.
<br />4. To obtain the written consent of Beneficiary before selling, conveying or otherwise transferring the property or any part thereof and
<br />any such sale, conveyance or transfer without the Beneficiary a written consent shall constitute a default under the terns hereof.
<br />S. To deafen& any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />6. Should Tnistor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or Other charges against the
<br />property hereinabove described, Beneficiary may pay the same, and the amount pro paid, with interest at the rate set forth in .the note
<br />secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br />'r IS MUTUALLY AGREED THAT:
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion thereof as may be necessary to fully satisf} 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-afver ass due date, Beneficiary does not waive its right to require prompt payment
<br />when due of all other sums so, secured or to declare default. far Ce.urs °.a'sr' say.
<br />3. The Tmstee shall reconvey all or any. part of this ) ?ivperty w -term; by this Deed of Trust to the person entitled thereto, on written
<br />request of the Trustor and the Benefiti'Ui.C+.. or upon satib actioe tsf the cblf)zption secured and written request for reconveyance made by
<br />the Beneri dory or the person entitled the -Mn-
<br />991 084 (NE)
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