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TRUST DEED <br />90- 107150 <br />Igan <br />THIS DMAJ OF TRUSE,rode wtd entamd into Chill s n *s, day of <br />by and between <br />Jeffrey R. Haininger and Tru or. an TRW Title Insurance Corspany tTrtutae. <br />Deborah K. He n nper, Hue n an a sr oint�eban�e <br />Security Pacific Financial services of la,vanciary, <br />WITNESSETHI That the Trustor does by these presents grant, bargain and sell, convey and confirm with Power of Sale unto the <br />Trustee the following described Real Estate including all buildings, improvements, and fixtures of every kind now or hereafter erected or <br />: placed on the real estaw situated in pall County, in the State of Nebraska: <br />Lot 20 in Villa Hardee Subdivision, City of brand island, Hall County, <br />TO HAVE AND TO HOLD the same, frith all rights, privileges, and apptirtenances thereto belonging unto the Trustee, his executors, <br />administrators, heirs, and assigns forever. And the Trustor hereby expressly %naives, releases, and relinquishes unto t he Trustee all right, <br />title, claim, interest, benefit, and estate whatever, in and to the above - described premises and each and every part thereof, which is given <br />by or results from all laws of the State of Nebraska pertaining to the exemption of homestead. And the Trustor covenants with the Trustee <br />3 • :a'•t ''' that he will forever warrant and defend tht title to the same against the lawful claims of all persons wltomscever. <br />Il, r• ,4. <br />iN TRUST HOWEVER. fc•; iire following described purposes: To secure full and prompt performance of all the terms and condi- <br />tions of that <br />❑ Revolving Loan Agreement of even date herewith (including particularly. but not exclusively, prompt payment of all sums <br />which are or may become payable from time to time thereunder) and tiny extensions, renewals, modifications or refinancings thereof, <br />which Revolving Loan Agreement obligates Beneficiary, subject to the conditions stated therein. to advance to Trustor up to <br />$ , plus finance and other charges. (or) <br />® Note of even date herewith, in the principal sum of U.S. $ -341 " -1 payable in monthly installments of principal <br />and interest, with the balance of the indebtedness. if not sooner paid. due and payable on 12.414.4 -- • 19 q'i <br />It is agreed by and between parties hereto that until tiling of Notice of Delitult, the Trushsr shall: (1) pay all present and future <br />taxes and assessments, general and special, against said property before the same becomes delinquent or actionable: (2) keep all improve- <br />ments erected on the land insured as may he required front time to tittle by beneficiary against loss by lire and other hazards, casualties <br />and contingencies, in such amounts and fix such periods as are reasonable and may he required by beneficiary, and to keep all policies <br />of such insurance in force or effect upon the property herein described constantly assigned and delivered to beneficiary: (3) pay and <br />comply with all the terms and conditions of any licit, claim or indebtedness that may be senior to or take precedence over this Trust <br />Deed as soon as any such payment on or of such lien, claim or indebtedness shall become due. and upon failure of Trustor to keep <br />any said agreements. beneficiary may pay such tax. pay for such insurance or pay off such liens or claims or indebtedness its the case <br />may be, and the money so expended, with interest at 9% per annum. shall he secured by this Trust Deed, and the Trustor agrees to repay <br />the same upon demand, and upon failure to do so the balance of the attached note shall become immediately due and payable at the <br />option of the iseneficiary: (4) specifically confer upon the Trustee the power of sale as provided in Nebraska law: (5) retain possession <br />of the premises and collect the rents and revenues therefrom. <br />Upon payment of all the sums sect;-e,. TIN this (rust Decd. the Beneficiary %hall r;.auat the "iustee to reconvey 1':e p.,ape :y and <br />shall surrender this Trust Deed and all notes evidencing indebtedness secured h) Trust Decd to the Trustor Trust,! shall recs%nmo <br />the property without %var:ar-lt, to the per%on or persvn�. ,!catty entitled thereu%• *ul If default he made in the payment of salad mete ter <br />any part thereof % -c any of the interest thr-e on when du; :,r in the IaiShful perlio: manic of• any or either of said agreer„enis as afo%resald. <br />then the whole of ,aid note shall become ,file and he paid ;is heren -aft;- pray ided, and tills deed %hAl remain in force. is a Trustee tit <br />his attorney may proceed to sell the pro;re--t ;a its entirety tit in p:,r.:;• ,it the option of the Trustee hercinhelbre described ::t public <br />auction, to the highest bidder. fur cash. ilo%eter. the potter of sale herem conferred upon the Trustee shall not be exercised until 1 I1 <br />the Trustee shall tint file for record. ill the till-ice tit ill! register of deed, of each county wherein the trust property or %time part or <br />parcel thereof is situated. it notice of default, ldentil'y nog the Trustee by stating the names of the Trustor and names therein and giving <br />the book and page where the sans is recorded. a description of tits trust property . said containing a statement that it breach tit' art obligation <br />r ....r.: r, .r,, .- ...... .,sass .. •...•.,nv.•t.•.t :r% %evimlt her% occurred :,rd ,etude furlh Tile nature of such hreach and tin f::% e,tclion to <br />sell or cause to he sold such property tit %ati%t% the obligation; and +' f after the Lips. of not less than one month. the Trars��c +hall give <br />notice tit' %;dc as provided by Nehra%ka law. After nonce of ilditult ,rod lap•! ,�t Ic%% th;ul am month. cr: 'T ~ ;+ %tee shall give w ntte^ <br />notice of the time and place of _,ale particularly d"r:h,ng the property n, he •y publication tit' su1? ­: :ace. :n Icaa 9rte Vera• <br />i once a week ft r five consecutote week,. the foist publication it, he .tr rea,t {n day% but not Inure r.1 :a ?', .�a .. boor to +a -ate ill same <br />newspaper having a general ctrCtIlatutn in each count% +n which the propertt tit he sold. or ..err t% %nuatcd I pon %uch <br />1 :ale, the Trustee %hall erecute and deliver .t deed of conveyance of the pntrern old to the pur:e,tser ••r r:.T- Aa%cr% thereof and any <br />j statement or recital of fact m %uch deed In relation to tilt: ewreise of the pntncr.•t gale and sate of the prtiperry ascribed therein. rncludlny <br />j recitals concerning any milling, per%onal delivery mid publication tit the notice of default. any utatbnF and me publication and rosr:ng <br />of notice of %alc. and the conduct of sale: and such recital %hall constitute prrn a facte etndence of such compliance and cunt u,ne et•+dence <br />thereof in favor of Kona tide purchasers and encumbrancer tier value and without notice. The Trustee's deed shall operate w convey <br />29170.0287 NE <br />Li L'•j' <br />Nebraska- <br />.... •. _ .. � <br />` <br />rY; <br />. '`ri - `�.y4 :�- r'.iefttttttttr <br />'',; ...Uf <br />�{'•y,�' <br />.4613, <br />of said is now delivered unto said Trustee: <br />and possession premises <br />TO HAVE AND TO HOLD the same, frith all rights, privileges, and apptirtenances thereto belonging unto the Trustee, his executors, <br />administrators, heirs, and assigns forever. And the Trustor hereby expressly %naives, releases, and relinquishes unto t he Trustee all right, <br />title, claim, interest, benefit, and estate whatever, in and to the above - described premises and each and every part thereof, which is given <br />by or results from all laws of the State of Nebraska pertaining to the exemption of homestead. And the Trustor covenants with the Trustee <br />3 • :a'•t ''' that he will forever warrant and defend tht title to the same against the lawful claims of all persons wltomscever. <br />Il, r• ,4. <br />iN TRUST HOWEVER. fc•; iire following described purposes: To secure full and prompt performance of all the terms and condi- <br />tions of that <br />❑ Revolving Loan Agreement of even date herewith (including particularly. but not exclusively, prompt payment of all sums <br />which are or may become payable from time to time thereunder) and tiny extensions, renewals, modifications or refinancings thereof, <br />which Revolving Loan Agreement obligates Beneficiary, subject to the conditions stated therein. to advance to Trustor up to <br />$ , plus finance and other charges. (or) <br />® Note of even date herewith, in the principal sum of U.S. $ -341 " -1 payable in monthly installments of principal <br />and interest, with the balance of the indebtedness. if not sooner paid. due and payable on 12.414.4 -- • 19 q'i <br />It is agreed by and between parties hereto that until tiling of Notice of Delitult, the Trushsr shall: (1) pay all present and future <br />taxes and assessments, general and special, against said property before the same becomes delinquent or actionable: (2) keep all improve- <br />ments erected on the land insured as may he required front time to tittle by beneficiary against loss by lire and other hazards, casualties <br />and contingencies, in such amounts and fix such periods as are reasonable and may he required by beneficiary, and to keep all policies <br />of such insurance in force or effect upon the property herein described constantly assigned and delivered to beneficiary: (3) pay and <br />comply with all the terms and conditions of any licit, claim or indebtedness that may be senior to or take precedence over this Trust <br />Deed as soon as any such payment on or of such lien, claim or indebtedness shall become due. and upon failure of Trustor to keep <br />any said agreements. beneficiary may pay such tax. pay for such insurance or pay off such liens or claims or indebtedness its the case <br />may be, and the money so expended, with interest at 9% per annum. shall he secured by this Trust Deed, and the Trustor agrees to repay <br />the same upon demand, and upon failure to do so the balance of the attached note shall become immediately due and payable at the <br />option of the iseneficiary: (4) specifically confer upon the Trustee the power of sale as provided in Nebraska law: (5) retain possession <br />of the premises and collect the rents and revenues therefrom. <br />Upon payment of all the sums sect;-e,. TIN this (rust Decd. the Beneficiary %hall r;.auat the "iustee to reconvey 1':e p.,ape :y and <br />shall surrender this Trust Deed and all notes evidencing indebtedness secured h) Trust Decd to the Trustor Trust,! shall recs%nmo <br />the property without %var:ar-lt, to the per%on or persvn�. ,!catty entitled thereu%• *ul If default he made in the payment of salad mete ter <br />any part thereof % -c any of the interest thr-e on when du; :,r in the IaiShful perlio: manic of• any or either of said agreer„enis as afo%resald. <br />then the whole of ,aid note shall become ,file and he paid ;is heren -aft;- pray ided, and tills deed %hAl remain in force. is a Trustee tit <br />his attorney may proceed to sell the pro;re--t ;a its entirety tit in p:,r.:;• ,it the option of the Trustee hercinhelbre described ::t public <br />auction, to the highest bidder. fur cash. ilo%eter. the potter of sale herem conferred upon the Trustee shall not be exercised until 1 I1 <br />the Trustee shall tint file for record. ill the till-ice tit ill! register of deed, of each county wherein the trust property or %time part or <br />parcel thereof is situated. it notice of default, ldentil'y nog the Trustee by stating the names of the Trustor and names therein and giving <br />the book and page where the sans is recorded. a description of tits trust property . said containing a statement that it breach tit' art obligation <br />r ....r.: r, .r,, .- ...... .,sass .. •...•.,nv.•t.•.t :r% %evimlt her% occurred :,rd ,etude furlh Tile nature of such hreach and tin f::% e,tclion to <br />sell or cause to he sold such property tit %ati%t% the obligation; and +' f after the Lips. of not less than one month. the Trars��c +hall give <br />notice tit' %;dc as provided by Nehra%ka law. After nonce of ilditult ,rod lap•! ,�t Ic%% th;ul am month. cr: 'T ~ ;+ %tee shall give w ntte^ <br />notice of the time and place of _,ale particularly d"r:h,ng the property n, he •y publication tit' su1? ­: :ace. :n Icaa 9rte Vera• <br />i once a week ft r five consecutote week,. the foist publication it, he .tr rea,t {n day% but not Inure r.1 :a ?', .�a .. boor to +a -ate ill same <br />newspaper having a general ctrCtIlatutn in each count% +n which the propertt tit he sold. or ..err t% %nuatcd I pon %uch <br />1 :ale, the Trustee %hall erecute and deliver .t deed of conveyance of the pntrern old to the pur:e,tser ••r r:.T- Aa%cr% thereof and any <br />j statement or recital of fact m %uch deed In relation to tilt: ewreise of the pntncr.•t gale and sate of the prtiperry ascribed therein. rncludlny <br />j recitals concerning any milling, per%onal delivery mid publication tit the notice of default. any utatbnF and me publication and rosr:ng <br />of notice of %alc. and the conduct of sale: and such recital %hall constitute prrn a facte etndence of such compliance and cunt u,ne et•+dence <br />thereof in favor of Kona tide purchasers and encumbrancer tier value and without notice. The Trustee's deed shall operate w convey <br />29170.0287 NE <br />Li L'•j' <br />i • <br />. '`ri - `�.y4 :�- r'.iefttttttttr <br />i • <br />