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<br /> ! � ' � DEED OF 7RUST 89.� �.A7Q29
<br /> � THIS OEED OF TRUST is made on.. .�r...P'��..... ... ... . . ..... ... ... . ... . . . .. . . .. . .. ... . . t 9 g�. . . .
<br /> - -- TilrothX 3. O'wtu,�r . .. . ... . ... .. . a/k!� BC�n�wer.
<br /> The Trustoris. . . . .. ... .. . . ... ... ...... . .. . .. ...... . ... . ... . .
<br /> The Trustee is..?bbert.M.. O!Gara... ... .. ... .. .. . .. . .. ... . .. ... .. .... . ... . ... . .. . . . . .. . ... .. . ... . .. . .. .. . . .. .
<br /> 5�.9an E. Wazriekinq 0'�r�rior . ... . ... .. . .. a/W:: �..e n d e r.
<br /> The Beneficiary is..... . . ... . .. . �.. . .. . . .. ... ... . .. ... ...... . ... . .. . ... . .
<br /> , Beneficiarie's address is.. 1502.North,H,anaocJc�,C�;and,IsYaruls.Neb�'aska. ... ... ... . .. . ... .. . ... :. .. . . . . ... .
<br /> � Borrower irrevocably conveys to Trustee, in Trust, with power of sale, the Eollowing:
<br /> Lot Seven. Island A�res No. 9, an addition to the City of �
<br /> Grand Island, Hall O�unty, Nebraska.
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<br /> Together with all the rents and properties therefrom and subject to easements a�d resiriCii�ns oi Y
<br /> � record, if any. in aCo°�3�n°e w�.th a ?r+�pertY ; �
<br /> Settlement Agregn�nt and Decree � �
<br /> of Dissolution, in the Distx'fct �-
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<br /> _ oourt of F�].1 QotultY. Nebraska.. t: - .
<br /> -- - Sorrower owes Lender S.�.C,QOQ.�0................................. . d - �___
<br /> � Case No. 98-048, which will be paid acoarding tA the t�socinen�s. �"-
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<br /> This SoCUrity I�slrument secures to Lender the Debl Cvidenced by said nole, Ihe paymenl ol all other sums,w�lh �nterest. _
<br /> advancod undor the provi5ions herealtar to prolecl ihe socurity and the pertormanCy a(Borrov�ers oovenants and agreemenls. , _._ _
<br /> SOrrO•r�er CO�enanls lhat Dortoµ+er is Iav,tuUy scised ol suCh real estato and has tho legal power and lawlul aut hority to c�nvey ine
<br /> same and warraMs and will delend IiUc lo tha real estatc againsl thc lawlul claims ol all persons. '1
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<br /> ' BORROWER AND LEtVOER AGREE AS FOLLOtiVS:
<br /> • 1. BorroWer shall pay when duc, thc principai and interest as proviCod in said�ole.
<br /> 2. All paymems roceived by lender shalt Ge lirsl applied to advances which may have been made by lender and:h�n to
<br /> � inte�esl due and last to pnncipa�due.
<br /> 3. Dorrower 5hat1 pay ai!;=��cral real estate taxes and special assessments ac�ainst Ihe property be(ore ihe same became
<br /> ` de:�quent.
<br /> • 4. If Lenda:detcrmines Ihat any�art of the property is SubjeCt t�� 13en.�n+:�ith is or may alt�in pri0��l)'oier:h.�seCUr•:• -,..
<br /> ir.:;:ument,lencer may c�ive Borrov�er a noUc��N^�tifynfl the tien and Eia�ro�ver shati sa::�:y:he:ir,n��ithin i0�3��:: :.�..-
<br /> • 5. 8uyer shall keep the improvomonls on Said premises insured a��insl ioss by fir?,.nC haz�rds intludCd�v�::��n th�ten. ;,__
<br /> � "ex:endedcoverage"�ortheirinsurablevaluesndpoliciestorthesameshallincludeaslandardm�r::,aa^clausesho:ymgler,;,�� {-;,•.
<br /> f:ere�n.In event ol toss.Lender may make proot o!toss it not promptly madc by 6crrowcr.Insuranc,:�raceeds sna11 be ap�lied�c � •
<br /> resloration or repair ot the p�oper;y damac�ed, unless bath parlies o�herv++ise agree, except �i :estoration or repair �s �ot :
<br /> etonomica�ly leasible or Lendefs security is not lessened,otherwise sa�d prococds sha�l be paid on Ihe debt herein,whether or __
<br /> not then due.
<br /> Unless Lender and Borrowcr otherwise agree in writing, any payments or proceeds Irom insurante shali not extend or
<br /> . Qostpone the due date o!the montAly paymenis provided in said note,or change !he amount of the paymenls.
<br /> 6. II 8orrower lails to pertorm the covenants and agreemenis herein contained. Lender may do 3nd pay lor whalever�s
<br /> �� � �ecessary to protect the value ol the properly and l.onders rights in the ProPerty,including the Paying ol any sum secured by a
<br /> lien which has priority over this security instrument, appearing in Courl, paying reasonabte allorney lees and entering the
<br /> property to make repairs.A�y amounl disbursed by Lender under this paragraph shall become an additional debt o�°orrotiver
<br /> secured by this security instrument, lo bear interest from the date of disbursement and said amount, together with the then
<br /> unpaid principal amount,shall bear interest at the highest lawlul rate unlil refunded by Borrower.
<br /> 7, i'ha procc�ds ot any candemnalion award are nereby assigned and shall be paid to Lendc�and shall be app��ed to the
<br /> sums setured by this security instrumenl,whelher or nol then due,wilh any excess paid to Borrowec • • _ _ __
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<br /> 8. Any exlensions or moditications o!the loan granled by Lendor to any successor in inlerest ot Borrower shnit nolo0eraie .
<br /> to retease tho liabitily ol tAe arigin�l Oorrower or Borrowers SucGessors in interesl.Any lorbearance by Lender in exercising any i
<br /> right or remcdy sha11 not be a waiver ot or prectude Ihe exercise ol any right or remedy. �
<br /> 9. Any�OtiCC to Oorrower prOvided for in thi5 sCCUrily instrument shall be c�rven�y delivering il or by ma�hng d by first class .
<br /> m�i!unlC�s NCbtask3 Law requireS usa of anolho�method,at lh[3 8orrowers last known address.
<br /> �� 10. ThiS SCCUrity Instrumenl and thc note whiCh i! secures shall be govemed by Nebraska Law.
<br /> � � 11. Lender shalt give notice f0 E3orrower lollowinfl DOtrOwCrs bteaCh OI any covenant or agreemenl �r� Ih,s security
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<br /> agrecmont and Ihc nole which it sccures.Thc�ol�co shall specity(a)Iho de(ault,(b)Ihc action requ�red tocurc thc dc�ault.(C).
<br /> d�Ie nOI IeSS th�ts 3U d�yS 1rOm 1he dBle lhC nOIiCC is qiven to E34rrowCr by whiCh thc default must be cured,�nd(dl thit liilurc to �
<br /> Cura Ihe dCl3ul{ ot+Or before lhe dalcl �oCGiti�H in tho nvtice mav rCSUIt in aCCC�e�afion Of Ihe �um �ecured by lhis securrty �
<br /> � agreoment and resSle ol lhe property The nolicr.;h�ll lurlher in10��E30rtov�t�r o11h�riqhl to tr.in:tatc,il;rr,iCCC�Q�:ltiOn.And(ht 40
<br /> nght to bring a eourt act�o�io asscrt Ih�nO�Cx��tcntc ol a tiefa�lt or iny olhcr dC�C��c a�f3o�rowc�to.�CC�'�rtitfon intl;D�C �1 �.� .
<br /> tlef�u{!is nol Gured.on 0►bclorc thc C1dt4;pnCA�cd�n the not�Cr..Lendr_r,at il�oPl�on,m:syrrcau�r�•imrnrci,.�tr Clyml�nt in(ull(�1 111 :�
<br /> Sunti9 SCGUrCt1 by 1tu�, ;;CCUr:ty at�rpr�men! w�Ihuut furthrr dcmanti ind�:�y �nvpkC t!��� (�nv�r� u� •..���� .+n�t :�ny nthrr r�•mCC1�r•�.
<br /> t�trm�ItcA by PJChr:i;k,�1 dw t��nrlqr�h7�1 vi1 r.nlitlr.r)Io cr�tic�:t a11 t:xprn:t•: �nr v����l��� pi�r.��u,r� it„• �, r,�r�!�r�. tu��vufcrl �n t�^ .
<br /> {,7n►qr��Uh, in�lud�N3 hVt nn� Innil�ltt Iry 1 (�•3:h��:�b��' .1llornry Ir(•: ,�n�1�r,•.I•� .� ��t:�• �•�•([rn� r
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