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<br /> iQTOW ALL M@T BY TSESB PRESENTSs that Mark D. Stelk b Wanda I.. Stelk, hueband
<br /> _ _:�__ _ � nd wife . hareinaftas refarred to se tho "Truotor' � to `_-- - = --`"'-,�--'
<br /> � �`'�'' •�cura a Nota bearin sv�n dat� hsrawi.th for th� rinci sl amount ofFifteen thouaend
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<br /> " e i xteen et�d no1 100-----°�-°°�'--° �D017.irB �5 r�� a able �
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<br />�-=r ;���;,;; • . to the order of (iRAND ISLAND INVESTMEt�T COMPANY� hareinafter referred.to ae the �'t'-��
<br />� ' � � :.,� ' �• � "8enaficiary"� providing for payment of tha entira principal balaucQ. together _�
<br /> i: . ,.t",. twelve ---"
<br /> . - , with iaterast at the rate of ��p arcent ( 12.00 X) per annum,
<br /> ,�����' ''• . .� iA monthly inatallmeAte of �' ree iun re�r�fout and '6'1TT'QQ=---- -�,c..:�-�
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<br /> ' � „� � Dollsre ( esch until ep em er � 19 , at :
<br /> • � � which time a11 principal aad intarest provided for by tbis Note shall hava been paid, '" =��'��;"_:.�_'.,�,
<br /> � . do haretiy grant and Convay until AREND R. BAACR� Attoraeq �t Law. the "Truetae". _ � -�-_
<br /> . �• the tollowin�-deocsibad propertys
<br /> � . .
<br /> � -..:- : = Lot One (1), Block Seventeen ( 17) Kair View Park Addition to the City __ _.___
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<br />` of Grand Island, Hall County, Nebraeka. �"'�-�
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<br /> TO HA�IE AND TO HOLD the aame, together witb all appurteaancee, in truet �
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<br /> ` - nsverfbnlaoe, sud �n caae of dafault in the pay�ent af eaid Note oa- er►y pert =—°—_— : - --
<br /> � '„ thereof or interest theraoa cr in the performaaca of aay covonaat hereiaafter �;..
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<br /> ' ast forth. than tha Trvetea ehall bave the power ko eell the above-described ��`,=r}��
<br /> property, and upoa request of tha Haneficiary� the Trustee ehall file for record `���'''='-�'���....,�y.
<br /> � ia tbe Ragieter of Deede' Office ofHall County. Nebraeka. a Notice of �`-�
<br /> Default� oetting forth that a breach of an obligatioa, for which the said property U
<br /> was coaveyed as aecurity, hae occurred, and setting forth the nature of such ' � ���
<br /> breach aud tha TrueCee'e electioa to sell the property to eatiafy the obligation; � `���.:`,.'������_:'i,�
<br /> _ aud aftar the lapae of not lesa thaa one (1) moath� the Truetee shall give ( . . —
<br /> ° written notice of the time and place of eale which may be between 9:00 a.m. and � " `:; �
<br /> � Ss00 p.m. at the pre�ai.eas� or at the Hall County Courthouse. and particularly ':' '�-_
<br /> - describiag the property to be eold; eaid Notice to be publiahed in a newapaper of � � = `
<br /> � a general circulation ia Hall Couaty. Nebraska� oaae n week for five (5) . � =��-
<br /> coaeecutive waska. tha laat publicatioa to be at leaet ten (10) days but not � �" '
<br /> more than thirty (30) days prior to the eale; and the Trustee ahall then sell said ' •
<br /> „ , property at the time aad place designated iaa the Notice� in the msnaer provided � �_� �� .
<br /> ' . bq lsw in effect at the time of filing said Notice, and public auction to the i
<br /> •� + higheat bidder for caah and shall deliver to auch purchaees a deed to the property , _
<br /> 1 sold, consietent with the law in affect at that time. Additionally. Truatee shall
<br /> mail Truator a copy of aay Notice of Default aad Notice of sale hereuader
<br /> � I upoa default addressed to ehem at 2021 N Shern►�� Grand Island, i� 68803 , Out of the '
<br /> � procaede of aaid asle. ths Truetee shall retsin and pay firat all fees. charges
<br /> ; aad coats of nale aad all moniee advanced in the exercise of the power of sale, �
<br /> iacluding the pnyment of the Truetee'e fees actuslly iacurred, and pay secoad
<br /> i' the obligatione aecurQd by thie Deed of Trust; and the balance. if any� ahall be
<br /> paid to the pereon or peraona legally entitled thereto. Any person, including the
<br /> , Beneficiary. may purchase eaid property at auch eale. .
<br /> ThP truator covenante that at the time of delivery of these presente�
<br /> , they are eeized of eaid property in fee simple� aad that said property is free
<br /> of encumbrancea. except eacumbrances. easements, righta-of-way, restrictiona and
<br /> � reservationa of record, and they will properly maintain the property� keep all
<br /> � buildinge iasured for fire and extended coverage in an amount equal to the
<br /> � unpaid balaace of the af oresaid Note, with lose payable to the Beneficiary. and
<br /> � wiil pay ali taxes and asaesaments against said property and amounta due on prior
<br /> encumbrancea. aad if they shall fail to pay insurance premiuma or taxes on
<br /> amounts due on prior encumbrancea, the Beneficiary may pay the same and all
<br /> amounta eo paid shall become additional iudebtednesa due hereunder; and in case
<br /> of foreclosure� Trustor will pay aay reasonabla attorney fees incurred by
<br /> Heaeficiary or Truetee in 0uch foreclosure proceedings.
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