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<br /> __��� e DEED OF TRUST � 1 U`j'O.9�
<br /> � - -- � �--
<br /> �+�° l8hoxt earm) '• �
<br /> --� , 4 �' Gail W. leetch, a tingle perarn acd Kesz�eth
<br /> . " ��'�k'. ICNOW ALL MEN BY THESE PRESENTS s thAt D• �� �'�Y J. Leetch, fu�ba�d 6 wife
<br /> ��; ^�,� , hereinafter referre to as the
<br /> =� Tz�ustor , to secure a Note earing even date herewith for the
<br /> __ ----:m.�,�,�,.��;;R:.�.. principal a�aount oi Fifty thousmd seuen hudred tw�ty' six a�d 09/l0o--
<br /> -�--°-- � '�"'"�'"�'-"�� Dollars (�50.72b•09 payable to the order of GRAND ISLAND
<br /> ._.�_�...�':er..y.� ,
<br /> _ • �,�� •. FINANCE COI�ANY, erei�after regerred �o as the "Beneficiary",
<br /> �;,�+?��_`°�� ��. • providinq. for paXment of the entire principal balance, toqether
<br /> __= - " " � with intereat at the rate of'�lve 6 u�e�lfpercent (�Z•�) per anawa, �d
<br /> ,��'��'� in monthly installmeats oE one tTious�d one hudred forty aae and 23/IOU-�
<br /> —_ �s __ �i;: ,.. --
<br /> - - - �`=�" � Dollars (s1141•23 ) each until se ted�es 1� , 19�+ , at
<br /> --_ -- �"' .� "�� � � T
<br /> �;�� , w'h�c�ime all princ pal and interest prov ded for by this Note _
<br /> ; .��' ' shall have beea paid, do hereby grant an8 convey unto AREND R. _
<br /> BAACK, Attorney at Law, the Trustea , the following described
<br /> .:.A-�;. .� • property:
<br /> . .�;
<br /> ->,� '.. • Parael (1) 1t�e Nartherly Sixty Feet �N60') of Lot Five (5). Block Ei�ty-5even (87)
<br /> >'� ' of the Originel Z+aai. nw City of Grnrd Islend, Nall Ca�nty, Nebracka.
<br /> : � .. �--
<br /> ' �.�'�` �""; ••� Parcel (2) int Seven (7), Block 'ltaenty 6fght (28). in Rueael 4i�eeler's Additi�o� to CNe City �....
<br /> " r, ,,., , of Grand Iol�d. Hall Couity. Nebra�ics.
<br /> ',:6t}:w
<br /> _ :'',a .. _ .. �
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<br /> ? � � TO HAVE AND TO SOLD the same, toqether witl� all appurte-
<br /> " "r nancea, in truet neverthelesa, and in case of default in the
<br /> � payment of said Note or any part thereof or intereat thereon or ,,
<br /> � in the performance of any covenant hereinafter set forth, then E--r
<br /> °�^� • the Truatee ehall have the power to sell the above-described ---
<br /> � r��� property, and upon request of the Beneficiary, the Truetee shall ��`y
<br /> �� file for record in the Register of Deeds' Office of _
<br /> County, Nebraska, a Notice of Default, setting forth that a ::_
<br /> � � breach of an obligatioa, for which the said proparty was conveyed � �
<br /> ��� ��` - � as security, has occurred, and aetting forth the nature of such
<br /> � ,T��� breach and the Trustee's election to sell the praperty to satisfy �,
<br /> ..• ��. the obligation= and a�ter the lapse of not less than one (1) ` -
<br /> month, the Trustee shall give written notice of the time and �' "
<br /> ' ` . place of sale which may be between 9:00 a.m. and 5s00 p.m. at the v
<br /> •..' premises, or at the �ii County Courthouse, and particularly o„
<br /> ' describing the property to be soldj said Notice to be published `===
<br /> � :�;�, in a newspaper of a general circulation in ttall County, _--
<br /> - . Nebraska, once a week for five (5) consecutive weeks, the last -__
<br /> ' , publication to be at least ten (10) days but not m�re than thirty e�__=
<br /> ' . (30) days prior to the sales and the Trustee shall then sell said °�ri�
<br /> � , property at the time and place designated in the Notice, in the �.'�
<br /> manner provided by law in effect at the time of Eilinq said �
<br /> Notice, and public auction to the highest bidder for cash and
<br /> ' , shall deliver to such purchaser a deed to the preperty sold, �.`"�`
<br /> ' consiateat with the law in effect at that time. Additionally,
<br /> � Trustee shall mail Trustor a copy of any Notice of Default and �
<br /> Notice of Sale hereunder upon default addressed to them at P o Box ; �
<br /> � 577, Grand island,l� 6t3t3u2 Out of the proceeds of
<br /> sa sa e, t e Trustee shal reta n and pay firet all fees,
<br /> charges and coats of sale and all monies advanced in the exercise
<br /> of the power of sale, including the payment of the Trustee's fees ,
<br /> . activallv incurred, and pay second the obliqations secured by this
<br /> � Deed of Trustt and the balance, if any, shall be paid to tne
<br /> � person or persons legally entitled thereto. Any person,
<br /> f � including the Heneficiary, may purchase said property at such .
<br /> , � • sale.
<br /> The Trustor covenants that at the time ot delivery of these �
<br /> presents, they are seized of said property in fee simple, and
<br /> that said property is free of encumbrances, except encumbrances,
<br /> easements, rights-of-way, restrictions and reservations of
<br /> record, and they will properly maintain the proparty, keep all
<br /> buildinqs insured for fire and extenc�ed coverage in an am1ount
<br /> � e�yual ro the unpaid balancc of the aforesaid Note, with jOYJ
<br /> -1- �
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