|
� 4 4
<br /> � • ..,
<br /> � n n
<br /> m
<br /> T
<br /> � n n Z n �
<br /> � � �
<br /> � � T N � O _"r
<br /> � � � � cn� �
<br /> m -n z --�
<br /> �� � �' `�'' �O �'M
<br /> � � �
<br /> ��.� eo ° o � �
<br /> � � �.� � � Z �
<br /> = r� �'' C1
<br /> (� A Cp
<br /> /\� o � r � � H
<br /> l h� � � r � ,.,� �
<br /> RJ x � �
<br /> � �� �
<br /> , -.� �„ �^" 3
<br /> � � �
<br /> DEED OF TRUST o
<br /> THIS DEED OF TRUST, made this 27th day of April 1999
<br /> byandamong Dennis A. Oberhauser and Christie L. Oberhauser, husband and wife
<br /> (herein "Trustor"); and Jerry J. Milner �
<br /> , whose mailing address is PO Box 1068, Grand Island NE 68802
<br /> O+
<br /> (herein"Trustee"); and Associates Financial Services Company of Nebraska Inc. \�
<br /> whose mailing address is 2014 N Lawrence Lane, Gran s an
<br /> (herein"Beneficiary").
<br /> FOR VALUABLE CONSIDERATION, Trustor irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH
<br /> POWER OF SALE,for the benefit and security of Beneficiary�under and subject to the terms and conditions of this Deed of Trust,the
<br /> following described real property,located in Hall- County,Nebraska:
<br /> All that certain Lot or Parcel of land sibuate in Hall County, Nebraska,
<br /> known and described as being Lot Eight (8), in Block One Hundred Forty—Two
<br /> (142), in Union Pacific Railway Company's Second addition to the city of
<br /> Grand Island, Hall County, Nebraska.
<br /> Sujbect to easements, reservations, covenants and restricitions of record.
<br /> TOGETHER WITH, all rents, profds, royakies, income and other benefits derived from the real property; all leases or subleases
<br /> covering the real property or any portion thereof, now or hereafter existing or entered into, and all right,title and interest of Trustor
<br /> thereunder; all interests, estate or other claims, both in law and in equity,which Trustor now has or may hereafter acquire in the real
<br /> property; all easements, rights-0f-way, tenements, hereditaments and appurtenances thereof and thereto; all oil and gas rights and
<br /> profits, water rights and water stock; all right,title and interest of Trustor, now owned or hereaiter acquired, in and to any land lying
<br /> within the right-0f-way of any street or highway adjoining the real property; any and all buildings, fixtures, improvements, arn!
<br /> appurtenances now or hereafter erected thereon or belonging thereto, (herein referred to as"ImprovemenY'or"Improvements");ana
<br /> any and all awards made for the taking by eminent domain,or by any proceeding or purchase in lieu thereof,of the whole or any part
<br /> of the real property. All of the foregoing estate, property and interest conveyed to Trustee herein collectively referred to as the
<br /> "Property"
<br /> FOR THE PURPOSE OF SECURING:
<br /> (a The pa ment of indebtednes evidenced by, Trustor' pote of eyer�,�{ {� rewith in the principa f Seventy
<br /> �i vP T�io � and v n Shundred ninetv �ive anQ tSU�lO�-----Dollars($ �7��.S6`���
<br /> together with interest at the rate or rates provided therein, or the principal and interest on any future advances evidenced by
<br /> promissory notes stating they are secured hereby, (herein"Note"or"Notes")and any and all renewals,modifications and extensions
<br /> of such Note, both principal and interest on the Note being payable in accordance with the terms set forth therein,reference to which
<br /> is hereby made.
<br /> (b)The performance of each agreement and covenant of Trustor herein contained;and
<br /> (c)The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this
<br /> Deed of Trust.
<br /> A. TO PROTECT THE SECURITY OF THIS DEED OF TRUST,TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS:
<br /> 1. PAYMENT OF PRINCIPAL AND INTEREST. Trustor shall promptly pay when due the principal of and interest on the
<br /> indebtedness evidenced by the Note,and all other charges and fees as provided in the Note,and the principal of and interest on any
<br /> Future Advances secured by this Deed of Trust.
<br /> 2. WARRANTY OF TITLE. Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property
<br /> hereby conveyed and has the right to grant and convey the Property; the Property is free and clear of all liens and encumbrances
<br /> except liens now of record;and Trustor will warrant and defend the title to the Property against all claims and demands.
<br /> 3. MAINTENANCE AND COMPLIANCE WITH LAWS.Trustor shall keep the Property in good repair and condition and shall not
<br /> commit waste or permit impairment or deterioration of the Property and shall comply with the provisions of any lease if this Deed of
<br /> Trust is on a leasehold.No improvement now or hereafter erected upon the Property shall be altered,removed or demolished without
<br /> the prior written consent of Beneficiary. Trustor shall comply with all laws, ordinances, regulations, covenants, conditions and
<br /> restrictions affecting the Property and not commit, suffer or permit any act to be done in or upon the Property in violation of any law,
<br /> ordinance, regulation, covenant,condition or restriction.Trustor shall complete or restore promptly and in good workmanlike manner
<br /> any improvement on the Property which may be damaged or destroyed and pay, when due, all claims for labor performed and
<br /> materials furnished therefore and for any alterations thereof.
<br /> � ORIGINAL(1)
<br /> Rf77R71 FIFI/ 11A0.Nul�rae4a n�e��w����....i........ ____..
<br />
|