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<br /> N�BAABKA DE�D OF'TRU�T
<br /> (W1tb Power of 8ntel
<br /> ' Amount of Firot[netalpyQpt4 39�^- Amout�t of Uther in9talmeni i_ aQ4•6�
<br /> Tot,a!of Payms�ta i 7 Gif 9.Cti Firet Ttut�lment Due Datt� �pl�•�T1� 89
<br /> NumM+r oiMonthly Instalmente 4$ . Final Tnvtairaent Aue I)ptF.QC��bOri 30��ly 93
<br /> 77it8 DEED OF TRUST, mnde this .Z.�— d�v oP ac��t�r , 19..�..�
<br /> ��Q Garv G. Mor9an and _Oebora Ja Morgaa., ht�ShAnd aad_Wif� ,
<br /> whas mailin6 addr�s �. .�.9�..1oL17th Grand Island���� fiABp� -- .
<br /> �,�,��,. �ohn Cunningham •.--- att,�., _..__.. --
<br /> whae maiiicR addreeE is 222 N Cedar C�rand Is 1�p�. N�_ 68801 ,
<br /> as 7`rwtee, and Not�r�L F�nsncia! I�FdMr.�ka. inr...vhoee mailing eddmse is
<br /> , 2"s�7 G�iu�`�n i+��} Rdy �,� �t1k ����rr3ild I51�3rtd_ !!� 6980 _. .as Beneficia�,
<br /> 1 W1f "
<br /> ' R-i'd'_yES��'�'F!,'Cx�rx►C,aa�itp_r�y :[CQT'�Cd'L1SF, �RtCl;,Gar�air..setl,and con�e�Lo'Frustee in truat, with po�er of eala,tha fallawing de- :
<br /> scri6ed �ropes�u e4 �� County, Nebraska:
<br /> � Lot 2 in Bkaccc 4. TR �s�erS��ff`s 2nd Subdivision, Being a re-subdivision of the
<br /> South 'h of Blocks 3 ��cf 4 and the Nort4� '�i of 81ack 5 and 6, Westerhoff's ist.
<br /> Subdivision, City of Grand Island. Ha21 Caunty, Nebraska
<br /> Together with tenemente,hereditnmente, and appurtenance�thereunto belonging or in enywiee eppertaininq and the renta,iaeuea and '
<br /> profite thereof. i ,
<br /> This conveyance i� intended for the purpoao of securing the psyment to Beneficiery of Truetore promi�eory oote of even dato in�the j �
<br /> an�ou�i's bi�iaai�i;Lb::"'.^'�i.::�£Qoi�'wz'«o'.=-:�'TflL=-1,n,�f Dw��nwnt�' i.rwnwva6le in the num6er af monthlY iflstl�lments stnted above. -
<br /> '!`he emount of the inatalment paymente due un eaid loan ia Rtated ab;sve.7'iie fret and C�nal iastnlmenE due deta��n eaid loan are atated
<br /> above. Payment mxy be made in ndvance in any nmount at nny time. DoPault in meking any payment ehall,at the Bene�ciary'e opCion" ,
<br /> and without notice or demand,render the entitea unpaid balancu of snid loan at once due and psyable,less any required rebate of chargee.
<br /> To protect the eecurity of this Deed of Truet,Truswr covonnnta and n�rees: .r
<br /> 1. To keep the property in good condition nnd rapair; w permit na wask+ thereof; to oomplcw any building, strueturo oe improvement
<br /> being built or about to be bui1L thereon;to restore ptomptly any beildin�, etmcture or improvement theroon whlch may be dumaged or•.
<br /> deetroyed;and W comply with all lawe,ordinancea,reguletions.covenanta,wnditions and nstrictiona affecting the property.
<br /> 2.To pay before delinquent all law�ful taxea and eseeAements upon the property:to kcep the property f'ree and clear of all other chasgea,
<br /> liena or encumbrance�impairing the eecurity of thie Deed of Truat.
<br /> 3. To keep all bullsUngs naw or henattei erected on the property descnhed herein continuously inaured against loss by fire or aiher
<br /> heaards in an emount not less than the wtal debt securcd by thia Deed of Txust. A11 policies ahall be held by the Reneficiary, and be �
<br /> in such companies as the Benefi.ciary may approve and have IOA9 payuble fttat to the Reneficiary as �ts 8ntereat may appear and then '.�
<br /> to the Truator.The amount colltv.�ted under any ineurence policy may be applied upon any indebtedneae hereby secured in auch order as _
<br /> the Bene6cixry ahall determiue. 3uch epplication by the Benefsciary ehall not cauee dixon4inuance of any prooa.�dings to forecloee thia �
<br /> Deed of Trust or cure or waive any defaulL ar notice of'default or invalidate any act done purauant ta such notice.ln the event of forecloswe, �
<br /> all righte of the Truator in insurance policies then in force ehall paae to the purchaxr at the foreclosure sale.
<br /> 4.To obtain the written cansent of Benei�ciary before selling,conveying or otherwise transferring the pwperty or any part thereof and ;:�'
<br /> any such eale,conveyance or tranafer without the Beneficiary e written coneent ehall constitute a default unde�the terma hereof. i�,�;
<br /> b.To defend any action or prceeeding purporting to uffect the security hereof or the rights or powera of Beneficiary or Truetee.
<br /> 6. Should Trustor fail to pay when due any taxes,assessmenta,�nsurence premiums, liens,encumbrancea or other charges against the , :
<br /> propeRy hereinabovo deacribed, Benefic�ary may pay the same, ond the amount so paid, with interest at the rete set forth in the note •
<br /> eecured hereby,shall De added to and become e purt of the debt secured in this Deed of Truet as permitted by law.
<br /> IT i8 Ml3TUALLY AGBBEb THA'1':�
<br /> 1. In the event any portion of the property �a taken or damaged in an eminent domain proceeding, the entire omount of the award
<br /> or such portion thereof as may be neccasary W fully �aUsfy the obtigation r.ecured hereby, ehall be paid to Reneficiary tn!�e applied to
<br /> said obligation. _
<br /> 2. By accepting payment of nny sum securcd hereby atter �tg due date,Iieneficiary does not wa�ve ite right to require prompt payment �
<br /> when due of ell other aums e�secured or W declare defuult Cor fuilure to eo psy.
<br /> 3. The Truetee ahall r+econvey all�or•any part oti the property cuvered by this 1)eed of Truet w the pereon entitled thereto, on written
<br /> request of the'i'rustor and the Benefictary,or upon eatiyfaction of the obligation secured and written request for resonveynnce made by
<br /> the Hene6ciary or the person entitled thereto.
<br /> 99t G6r(NE) • –-----
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