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<br /> TI�S TRIJST D�BD.mado and entenG Into thia �TH �y of APRIL 1g 9�--by�
<br /> �y�n RUS3ELI. L, BURES SR AND CHRIST�N HUlt�B, HUSB�lI9LS AN�i I�S JOI—!N'�E�I l�tiTS ����,
<br /> —_— -.�{FW-, TRW TxT�,� xNSURAt�C.H C0. ,'�htstoo.
<br /> and BBDI�PICIAL NEDRASKA INC.d/b/a BEI�3EFICIAL MORT(iAdE CO.. a Nebreska c4iporstlon.HeneRciary.
<br /> WYTNIIS5BTH:Tl�t.7tnstor.bY these Pres�nta.dces grsat�burBain and sell�wnvey and confltm wlth Fb�wer of Sale nnto Trustee thc _
<br /> ��-- --- mal property�includIng all buildtngs.impravemente�nad fixtuns af Every kind aaw or kec�eafter encted ar placed on the reaf property
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<br /> (beaaRer esfemed to�s the"Properiy")situau in �� -County,Swx of Nebraaka.
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<br /> P4�ssession of the Property havin$naw b�n deliveced to T�vstee:
<br /> 1�.9 If this boz is checked.this'ltvst Deed is sub'ect W a prior tn�.ct deed dated _ SEPTEMBER 14 ,1g90 ,e���o
<br /> RUSSELL L. BURES SR AND CHRISTI�A BURES. HUSBAND AND WIFL ,as uusWr(s)w p ,.
<br /> CO1�fERCIAL FEDERAL SAVINGS AND LOAN ASSOCIATION , as tn�ste�e for
<br /> the beneRt of OIVERLAND NATIONAL BANK OF GRAND ISLAND ,as beneficiary,
<br /> securing pay ment of a promissory note in the principal amount of$ 5�650.00 , ��prior trust deed was tecorded on '
<br /> vy/14 , 19 90. with the Recorder of __�L __ — County. Nebraska in Book
<br /> ,•:�;
<br /> ' 90 �ge 105327 _,
<br /> •;�;�,; 'PO HAVE AND"PO HOLD the same,with all rights, privileges and appurtenances to such Praperty belonging unto Ttustee, and
<br /> .'•�'�� ' execuwrs,administrators.heirs,successors and assigns for Trustee forever.And Trustor in this Trust Deed expressly waives,releases
<br /> � � and relinquishes tuito'ltustee all right,tide.cleim,interest,benefit and estate whatever,in and to the Property which is given by or
<br /> results from all laws of the State of Nebraska pertaining to the exemption of homestead.And Trustor covenants with'IYvstee that he will
<br /> forever wateac�t and defend the tide to the Property against the lawful claims of all persons whomsoever.
<br /> IN TRUST HOWBVER. for the purposes described, as follows: Trusror on this date has executed a promissory Note or Loan
<br /> Agreement(hereafter"Agreement'),which evidences a loan in the Actual Amount of Loan of�. 5541•21__(hemafter refemed
<br /> to as the"Principal"),together with intemst on unpaid balances of the Principal from time to time ouutanding at the Rate of Charge set
<br /> forth in the Agteement, the Final Due Date being____�RIL_ 8 .. __—_, 192�_,alI of which is payable at the office of
<br /> � � Heneficiary. '
<br /> .• In the event of the death of one of the'Itustors,at the option of Beneficiary,the unpaid balance of the Actual Amount of Loan,togeiher , ,
<br /> • with accrued interest,immediately may become duc and payablc. �� '•� �'"
<br /> �: .
<br /> 1� •';�,; �.,,, Uaul the filing of a Notice of Default,Trustor shall:(1)pay aU present and furure taxes and assessments, general and special,against �� ,•���. :
<br /> � �.',��`,� � the Property before the taxes become delinquent or actionable;(2)keep all improvements erected on the Property insured as may be
<br /> � '�'',�'�� • required from time to dme by Beneficiary agains►.loss by fine and other hazards,casualties and condngencies,in such amounts and for
<br /> � � such periods as are re.asonable and may be mquired by Beneficiary,and to keep all policies of such insurance in force or effect upon the `
<br /> property constandy assigned and delivered to Beneficiary,and(3)pay and comply with all the terms and condidons of any lien,claim
<br /> ' or indebtedness that may be senior to or take precedence of this'IYust Deed as soon as any such payment an or of such lien.claim or f
<br /> indebtedness shall become due.Upon failur�e of Trustor to keep any agreements made in this Trust Deed,Beneficiary may pay accrued I
<br /> ' ' .e.� e.a :..�...n.w. nwmi�.me.�r nav nff anv liPna r�r claims A1' IIl(IChfP.dRC.iC. 8S�II@ CBSC JpHV tIC. �iC IIIOIICY SU CxDCRd�t3y
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<br /> Beneficiary for this purpose shatl bear�nterest at the Rate of Charge and shuli b�scxurod by this Ttust Deed.Trustor agrees to cepay the .
<br /> same upon demand. Upon failure so to do,the loan immediately shall become due and payable,at the option of Beneficiary.'IYustor
<br /> specifically confers upon'Prusre�that Wwer of Sale as provided in Nebraska law,and shall rerain possession of the Pmperty and collect ,
<br /> tht rents and revenues ttterefrom until filing of such Notice.
<br /> .,
<br /> 'Ikustors will p�r and keep c�rrant the manthly instalments on the prior trust derd and to prevent any default thereunder.'Ihutors �
<br /> ' further agcee that should any default be made in the payment of any instalmenu of principal or any interest on the prior mist dced,or
<br /> „ � , shoWd any suit be commenced or other action taken to foreclose the prior trust deed,then the amount secured by this Trust Deed shall
<br /> become and be due and payable in feill at any time thereafter. at the option of Beneficiary sn in accordance with the Aareement.
<br /> Berteficiary.at its oprion,may pay the sched�led monthly instalments on the prior trust deed and,to the extent of the amount so paid.
<br /> become subrogeted w the ri�hts of the beneficiary identified in the prior trust deed.All payments made by Beneficiary on the loan ,
<br /> � secured by the prior tivst deed shall bear intecest at the Ftate of charge until paid in full.
<br /> Bor 4 NB 13-IS.Fd.M�'91 �
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