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<br />100475
<br />NEBRASKA DEED OF TRUST
<br />(With Power otSale)
<br />Amount of Rrat Instalment $ 179 00 Amount of Other In tahnenta M- m
<br />Total of Payments & 8 Q •OQ First Instalment Due Date ke mb 19.9-0.
<br />Number of Monthly Instalments 48 Final Instalment Due Date November 1A 1994
<br />THIS DEED OF TRUST, made this 12 day of November , 191x- -..
<br />betean Douglas D. Lienemann and Kelley L. Lienemann, husband and wife
<br />whose Mailiag r( a;, I{{rr , 43 ?9 Kay Ave Grand Island NE 68803 ,
<br />asT-ruboi , jolty, f►1re. Cunnffl ham
<br />wbaee WAIIIrg 0XrM..JA 227- N Cedar P.O. Box 2280 Grand Island, NE C880Z ,
<br />as Trustee, and NJrx( od. rinaneial Nebraska, Inc,. whose mails address is 2337 9. Webb Rd e
<br />P.O. Box 1373 Grand: Islan-1 NE 68802 , ak id+emzf -U7=
<br />WITNESSM, Tina'tm hereby irrevocably, grant, bargain r,ell, and convey to Trustee in (runt, with power of sale, the for zing de-
<br />scribed property in Fla I i County, Nebraska:
<br />Lot Three W, Block o;le (1), LeHeights Second (2rtd) Subdivision, part, of Northwest Ye
<br />of Northwest % of Section Eleven (il), Township Uevecr (11), '!North Range Ten (10)
<br />West Of the 6th P.M., Hall County, Nebraska.
<br />Together virth tenements, hereditaments, and ap ;iurtenances thereunto belonging or in anywise appertaining and the rents, issues and
<br />profits thereof.
<br />This conveyance is intended for the purpoee'of securing the payment to Beneficiary of Trustors promissory note of even date in the
<br />amount stated above as "Total of PsyraenW Said "Total of Payments' is repayable in the number of monthly instalments stated above.
<br />The amount of the instalment payments due on said lam 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 snaking any payment shrill, 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 thereo6 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 />dco»oycd; and to comply with 9!l Liss, ordlnwrew. reg—ulat -0. covenanw — oditianq and restrictions affecting the property.
<br />2. To pay before delinquent all lawful to =es and assessments upon the property; to keep the property free and clear of all other charges,
<br />liens or encumbrances impairing the security of this Deed of Trust.
<br />S. 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 and have loss payable first to the Beneficiary as its interest may appear and then
<br />to the Trtntor. 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 proaee3ings 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. In the event of foreclosure,
<br />all rights of the Trustor in insurance policies then in forte shall pass,to the purchaser at the foreclosure sale.
<br />4. To obtain the wdzten consent of Beneficiary before. selling, co'sriv"g or oitberwise transferring the property or any part thereof and
<br />any such sale, convey
<br />an= or transfer uitbout the Benefrciaryle written consent sbaM constitute a default under the terms hereof.
<br />5. To defend any.•anioii or proceeding purporting to affiect the security hereoT or the rights or powers of Beneficiary or Trustee.
<br />6. Should Truster fats to pay when due any tares, assessments, insurance premiums, liens, encumbrances or ocher charges against the
<br />property hereinabove described. Beneficiary may pay the same, and the amount so paid, with interest at the mte set forth in the note
<br />secu,,ed Hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br />IT IS MUTUALLY AGREED THAT:
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the enlJnr, amount of the award
<br />or such portion thereof as may be necessary to Aigy satisfy the obligation cecsred hereby, shall be paid to Br_ riridary to be applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after its dune date. Beneficiary does not waive its right to require prompt payment
<br />when due of all other sums so secured or to declare default for failure to so pay.
<br />3. The Truster shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto. on written
<br />request of the Trustor and the Beneficiary. or upon satisfaction of the obligation; secured and written request for reconveyanee made by
<br />the Beneficiary or the person entitled thereto.
<br />99T'G34 (NE)
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