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<br /> NEBRASKA DEED OF TRUST
<br /> (With Power of Sale)
<br /> Amount of First Instalment $ 502.00 Amount of Other Inatalments
<br /> Total of Payments 18072.00 First Instalment Due Date _ May 2 19-914
<br /> Number of'slonthly Instalmente 36 Finial Instalment Due, Date ARXq a 2~~- n -V THIS DEER OF TRUST, made this 28 day of Mxirch__ I9 _9((
<br /> between Hu h D. Brandon and Frances A. Brandon And _.and.;df e as joint- tenants
<br /> whose mailing address is 252 W. Anna St. Grand
<br /> as Tructore, TRW Title Insurance Company
<br /> whose mailing addreea is _ 6800 Calls a 131:vd ex an~1_Park~1CS fi62
<br /> as Trustee, and Norweat Financial Nebraska, Inc., whose mailing ad3rew is 2319
<br /> 1\T. Wphh Rrl_ _ _
<br /> P.O. Box 1373 Grand Island NE , as Beneficiary,
<br /> WITNESS> TII, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br /> scribud property in County, Nebraska:
<br /> West Thirty (30) feet of Lot Two (2) and East Thirty-Five (35) feet of Lot
<br /> Three (3), Blcck Twelve (12), Parkhill Third Subdivision, Hall County,
<br /> Grand Island, Nebraska.
<br /> Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywiae appertaining and the rents, issues and
<br /> profits thereof.
<br /> This conveyance is iT;tended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the
<br /> amount otated above a!) "Total of Payments". Said "Total of Payments" is repayable In the number of monthly instalments stated above,
<br /> The amount of the instalment payments due on said loan is stated above. The first and final instalment due dates on said loan are stated
<br /> above, payment may br made in advance in any amount at any time. Default in making any payment shall, at the Beneficiary's option
<br /> and without notice or demand, render the entire unpaid balanar of said loan at ante due and payable, lose any required rebate of charges.
<br /> To protttit the security of this Deed of Trust, Trustor covenants and agree:
<br /> 1. To keep the property in good condition and repair; to permit no waste thereof; to complete any building, structure or improvement
<br /> being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or
<br /> destroyed; and to comply with all laws, ordinances, regulatinns, covenants. conditions and restri ~doro affecting the property,
<br /> 2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear of all other charges,
<br /> liens or encumbrances impairing the security of this Deed of Trust.
<br /> 3. To keep all buildings now or hereafter erected on the property ,iesu ibed herein continuously insured against loss by fire or other
<br /> hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held by the Beneficiary, and be
<br /> in such companies as the Beneficiary may approve and have loss payable ilret to the Beneficiary as its interest may appear and Cien
<br /> to the Trustor. The amount collected under any insurance policy may be applied upon r,ny indebtedness hereby secured in such ordrr no
<br /> the Beneficiary shall determine. Such application by the Beneficiary sludl not cause discontinuance of any proceedings to foreclose this
<br /> Deed of Trust or cure or waive any default or notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure,
<br /> all rights of the Truster in insurance policies then in force shall pass to the: purchaser at the foreclosure sale.
<br /> 4. To obtain the written consent of Beneficiary before selling, conveying or otherwise tracaferring the property or any part thereof and
<br /> any 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 iiffect the security hereof or the rights or powers of Beneficiary or Trustee.
<br /> 6. Should Trusstor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges 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
<br /> sutured hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br /> IT IS Ml' DALLY 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
<br /> or such portion thereof as may be necesaary to fully satisfy the obligation set. red hereby, shall be paid to Beneficiary to be applied to
<br /> said obligation.
<br /> 2_ By accepting payment of any sum F,ecured hereby after its due date. Beneficiary dove not waive its right to require prompt payment
<br /> when .due of all other sums so secured or to declare default for failure to so pay,
<br /> 3. Tiie Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto, on written
<br /> request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written request for reconveyance made by
<br /> the Beneficiary or the person entitled thereto.
<br /> 092 . C91 (EVE)
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