|
� ! r-� `� � ,O �
<br /> CQ •. � O
<br /> — —�� d fxll N ��,,
<br /> n t'� � � ;`!� ; Z��„ O -�-a
<br /> �� �r D p aa � � —� �''i � c�
<br /> (,, r:; Gn � r� � -G p G.
<br /> �, (�D = �' N p -r� CD p�
<br /> � ����:��� � �� Z � �
<br /> � � °;_:,,) -� � W ►--� t/)
<br /> �' � 0 ! �� J � � � �
<br /> (N \ \ � N 7c � C'D
<br /> � � � o �
<br /> � � ��
<br /> l� ' J � � p
<br /> � . NEBRASKA DEED OF TRUST 9 9 i �2'O O Q
<br /> (With Power of Sale)
<br /> �
<br /> THIS DEED OF TRUST,made this 15 day of DECEMBER > 1999 , VZ
<br /> between JOSEPH F MARTINEZ & REFUJIO MARTINEZ HUSBAND & WIFE AS JOINT TENANTS � ' , S
<br /> whose mailing address is 1303 E 7TH GRAND ISLAND, NE 68801 Q
<br /> as Trustors, STEWART TITLE GUARANTY COMPANY
<br /> whose mailing address is 1220 WASHINGTON STE 100 KANSAS CITY MO 64105 ,
<br /> as Trustee,and Norwest Financial Nebraska,Inc.,whose mailing address is 2319 NORTH WEBB ROAD
<br /> GRAND ISLAND, NE 68803 , as Beneficiary,
<br /> WITNESSETH,Trustors hereby irrevocably,grant,bazgain,sell,and convey to Trustee in trust,with power of sale,the following described
<br /> propertyin HALL County,Nebraska:
<br /> LOT FOUR (4), IN BLOCK ELEVEN (11 ), OF LAMBERT'S ADOITION TO THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> Together with tenements,hereditaments,and appurtenances thereunto belonging or in anywise appertaining and the rents,issues and profits
<br /> thereof.
<br /> This conveyance is intended far the purpose of securing the payment to Beneficiary of Trustors'promissory note of even date in the amount
<br /> of$55,524.00 (Total of Payments). Said Total of Payments is repayable according to the terms of said note.Payment may be made in
<br /> advance in any amount at any time. Default in making any payment shall,at the Beneficiary's option and without notice or demand,render the
<br /> entire unpaid balance of said loan at once due and payable,less any required rebate of charges.
<br /> To protect the security of this Deed of Trust,Trustor covenants and agrees:
<br /> 1.To keep the property in good condition and repair;to permit no waste thereof;to complete any building,structure or unprovement being
<br /> built ar about to be built thereon;to restore promptly any building,shvcture or improvement thereon which may be damaged or destroyed;and to
<br /> comply with all laws,ordinances,regulations,covenants,conditions and restrictions affecting the property.
<br /> 2.To pay before delinquent all lawful tases and assessments upon the property;to keep the property free and clear of all other charges,liens
<br /> o*encunb:ances ixnpairing t�e security o€this Deed of Trus't.
<br /> 3.To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fire or other hazards
<br /> in an amount not less than the total debt secuted by this Deed of Trust.All policies shall be held by the Beneficiazy,and be in such companies as
<br /> the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then to the Trustor. The amount
<br /> collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as the Beneficiary shall determine.
<br /> Such application by the Beneficiary shall not cause discontinuance of any proaeedings to foreclose this Deed of Trust or cure or waive any
<br /> default or notice of default or invalidate any act doIIe pursuant to such notice.In the event of foreclosure,all rights of the Trustor in insurance
<br /> policies then in force shall pass to the purchaser at the foteclosure sale.
<br /> 4.To obtain the written consent of Beneficiary before selling,conveying or otherwise transferring khe property or any part thereof and any
<br /> such sale,conveyance or transfer without the Beneficiary's written consent shall constitute a default under the terms hereof.
<br /> 5.To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiazy or Trustee.
<br /> 6. Should Trustor fail to pay when due any taxes, assessments,insurance premiums, liens, encumbrances or other chazges against the
<br /> property hereinabove described,Beneficiary may pay the same,and the amount so paid,with interest at the rate set forth in the note secured
<br /> hereby,shall be added to and become a part of the debt secured in this Deed of Trust as pertnitxed by law.
<br /> IT IS MUTUALLY AGREED THAT:
<br /> 1.In the event any portion of the property is taken or damaged in an eminent domain proceeding,the entire amount of the award or such
<br /> portion thereof as may be necessazy to fully satisfy the obligation secured hereby,shall be paid to Beneficiazy to be applied to said obligation.
<br /> 2.By accepting payment of any sum secured hereby after its due date,Beneficiary does not waive its right to require prompt payment when
<br /> due of all other sums so secured or to declare default for failure to so pay.
<br /> 3.The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto,on written request
<br /> of the Trustor and the Beneficiary,or upon satisfaction of the obligation secured and written request for reconveyance made by the Beneficiary or
<br /> the person entitled thereto.
<br /> NE-991-1 197-1
<br /> __ 1
<br />
|