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<br /> � " � NEBRA9KA DL�ED OF TRiTST � __
<br /> t�Vit�Power of Bsle) 94" ���.���
<br /> " � 360.00 AmountotOtherInstalmeats� �do.nn �
<br /> Amouat of PYrat ItuWment S
<br /> � . Totnl otPaymenta� 21600.OQ Flrnt Iaetalmeat Due Date Apr�� IL ,199fi �,� —
<br /> - Nwnber of Monthly Iaetalmanta�.� Fiewl Instalmettt Oue Date Mnrnl+ R ,19.99.. �'j -
<br /> ' . THIB DEED OF TtiUBT,auada thie 3 deyr of MatCh , 19 9_4_, �C'
<br /> _____�_�..__ ._..._ ._..�_ � Daryl Y.. Smith aad Pearl R. Smit . huaband and wife ae ioint tenants , .
<br /> whose a�alung addreea ie 1623 N. Park Ave. Grand Island, Nebraska 68803 ,
<br /> ���� TRW Title Ineura�ce Company ��r-
<br /> ' whoae msivag addreas is 6800 College Blvd. Overland Park. KS 66211 ,
<br /> � � ee Tn►stce,nnd Noraeat Finenolal Nebrneka,Ino.,whoee metlln�addreee ts 2319 N. Webb Rd. _
<br /> P 0. Box 1373 Grand Ialand, NE 68802 �es HeaeAdaey,
<br /> � WITNESSETH,TniaWra hereby ireevocably,grant,bar gairy aell,aad convey w Teuatee in tcust,with power of eale,the foltowing da
<br /> � scrlbed pmperty in H811 Couniy.Nebratka: �
<br /> _ •_._.____ Lot 139� West Lawn Addition to the City of Graad Island, Hall County. M.
<br /> -- - , Nebraska.
<br /> � Together with tenemenfe,hereditemente,and eppurtenances chereunto belonging or in anywlse appartaiain8 and the rente.iesuee end -_-
<br /> proRts thereof. Q���-
<br /> ; Thte conveyance le intended for the purpose of eecudag the payment to Benetieiary of Tnietora'promiesotY note of even date in the f�Y
<br /> amount etated above ae"Totsl of Peymenta".8aid"Totel of Payments" is reparable in the aumber of monthlY inetalmeata etated above. r"'"
<br /> The amount of the inetalment paymente due on eaid loan is eteted above.The flret and flnal instalment due detee on eaid loen are etnud ���`
<br /> �,•_.,
<br /> above.Payment may be made in advance in eny omount at any time. Default in raaking any paymen!ehall,at the HeneIIdury'e option d�_-
<br /> and without notice or demand,render the entire unpaid 6alance of eaid loan at once due end payable,leea any required rebate otchtugee. =.,
<br /> To protect the eecudty of thie Deed of Tntet,Tnietor covenante and ageeea: �"�`�
<br /> 1. To keep the pmperty in good wndiNon nnd repalr,W permit no waste thereof;W oompleSe any buliding,etructure or impmvemeat �--
<br /> being buik or about to bo built thereoa;to reeWre pmmptly any buflding,etnteture or impmvement thereon which may be damaged or ��`�
<br /> deatroysd;end w comply wlth alt lawa,ordlnancea,regutaiions,covenants,wnditlona and restrictlone nffccting tha praporty. . ��
<br /> 2. To pay before delinquent all lawttil taxes and aseesements upon the property;to keep the proper4v free and olear of all other chergee,
<br /> Ilenp or e�cumbrartcee impafring the aecurity of this Deed of Truet. .,,
<br /> 3. To keep all buildinge now or hereafter erected on the property descrfbed herein eontfnuously Ineured agait►st losa by ftre or other z�
<br /> hazarda in an emoun!aot lesa than the total debt eecured by this Deed of Ttuat. All policies shall be held by the Beneflciary,and be
<br /> tn such rnmpanlea ae the Heneficiary may approve and have loes poyable firet W the Beneflefnry as ite idtereat may appear and thon •
<br /> to the 14uaWr.The emount collected under any inaurance pultcy may be applied upon any indebtedneas hereby eecured in auch order ee
<br /> the Beneflclary ehall determine.Such applfcetlon by the Beneficiary ahall not eause diecontinuartce of any prooeedinge to forecloee this
<br /> ' Deed of'huet or cure or waive any default or notice of default or invalidate any ate done pursuant to such notice.In the event of foreclosure,
<br /> ell rightn of the Truetor in inaurance policfee then i�force ahall paes W the purchaser at the foreclasure eale.
<br /> ,,� 4. To obtefn the written consent of Honeficfay before selifng,conveying or otherwise traneferring the properey or any pae!thereof and �
<br /> t any such eale,conveyanee or transfer without the Beaeficiary's written consent ehall conatitute a default under the Lerms hereof. �
<br /> 6.To dofend any action or proceedfng purporttng to affect the security hereof or the rl�hta or powere of Beneftclary or Tntetee. �
<br /> 6. Should Truetor fail W pay when duo any taxea,aesesaments, inaurance premtume,liena,encumbrancea or other eherges egainet the
<br /> � property hereinabove described,BeneRciary may pay the eame, and the amount ao peid, with intereat at the rate eet Coeth in the aote
<br /> i secured hereby,ehall be added to end become n part of the debt secured in thie Aeed of 1}uet as permitted by law.
<br /> IT IS MUTUALLY A(3R6£D THAT: '.
<br /> 1. In the event any portion of the property is taken or dsmaged in an eminent domain proceeding,the entire amount of the awaed
<br /> or sueh portioe thereof as mny be neceseary to fully antisfy the o6ligation aecured hereby,ehaU be peld to Beneflefery W be applied W
<br /> eaid ahli�ation.
<br /> 2. $y accepting peyment of nny eum secured hereby nRer its due date,Beneflciary dces not waive ita right W require prompt payment
<br /> when due of nll other aume so secured or to declure default for fnilure to so puy.
<br /> � 3. The 77ustee shail reconvey ali or any part of the property eoverea oy ce�e veed oi i ruac w i6e pnram e+�::i:e.:::.a:�w,a�.::.-:::Rr�
<br /> C
<br /> request of the Truawr and the flenefiriery, or upnn entinfaction of the obligation secured and written requeat for reconveyanee made by r
<br /> ! , the BenetScinty or the per.+on entitled thereto. �
<br /> i 991 C91(NE)
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