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<br /> DRA9RA DEE OF TAiJB�
<br /> ° (With Power af SAIe) � '►� ,;
<br /> 'Y'HIB DEED Or TItUST,a�ade thia 25 day of November ,18 94, �1,� .• . ~ �
<br /> � ,#�' :
<br /> betweea Donald R. Vance and Shir].ey L Vance, husband and wife as ioint tenanta , . ,
<br /> wbosemailin8uddmseie 2 Ofl Cottonwood Rd. Grand Tsland NE 68801 , •x.�r�•
<br /> - � ����, Nations T t7e Insuxance Comnanv — • _
<br /> whosomnilinsaddmaoie 6800 Col,l.e�e A].vd. Ste. 700 � Overland Park, KS 66211 , ° •
<br /> ur'i}uscee,und Norwest Finenciul Nebraeka,Inc.,whoae maillng addreae ie 2319 N. Webb Rd.
<br /> p n Rnx 13 73 Crand Is land NB 6884 ��BeAe�a�'X � � �z�,��
<br /> �q('PNEggETH,'iY�uswre hereby irrovocnbly,grant bargain,eoU,and wavey W'Pruatee in tn�st,w[th power of ealo,the following descrdbed ��'r•
<br /> • - �::
<br /> Pr,p�x+rtpin Ha7 1 Couaty,Nobrueka:
<br /> �����.
<br /> Lot 21 in Block 4 in Replat af Riverside Acres, an Addition to the City of . _ .�r;•�_
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<br /> (;rand Islctnd. Hall Caumty� Nebraska. 'J"�
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<br /> RbgeWer with Waemonts,hemditumoate.and appurtanances thomunto beloaging or in nnywteo nppertatning aad the mnte,Ioauce and �,
<br /> PmSte thoreof. ` �
<br /> iec� voyan�e ie intended for tho purposo of securing the pnymeat to Boneftdnry of?5ruatore'promiesory noW of ovoa dnw in the tunount '' '
<br /> �5 4�0.OU qy�1 of Pu oatel.Snid'lbtal of Paymonts ia repoynble eaording W the terwe af said now. Pnyment may bo made in �� .� .
<br /> of i ► _.( Y�
<br /> advance in nqy omouat nt uny timo. Defeult in making any paymont ehaU,at the Bonoficinrye optioa nnd wlthout notico or domand,render ( • �_r��
<br /> the eaNro unpaid balnaca of eaid loan at once due nnd payable,leae nny required re6ato of chargea. ,
<br /> • . 1b procect tha security of thie Deed of Tn�at.Truewr covenaate und agrees: i . r'•�j
<br /> ' 1. R b k e e p t h o p m p e r t y i a�ood wadlHon aad ro pair,W porrait ao waste thercof;to comploto w0.y buildinQ,etructuro or improvoment being i �� 4
<br /> bui10 or ebout to be built thercon;to reetoro promptly anY buUdinB�etructuro or ia�provemeat thereon which mny b o d a m nge d or deetroye d; ;
<br /> and ta comply with nll lawe,ordiaaacee,rngulattone,wven¢nta,condtUona nud restricdons affeMing tho pmporty. ' � ,y, �
<br /> 2, Zio puy bofom dolinqaont sU lnwful tu�coa md anoeaemonta upoa tho property;w keap tho proporty fne nnd clear of all other chargoe, i �+` '--a_,�,
<br /> . Uvne or oncumbrunces impuiring tbo securlty of thie Dr.ed of 11vac � � ".
<br /> • 3, 1b keep ull buildings now or horeaftor erected on tho proporty deacribed herein continuously{neurad ngainat loes by fire or othor hara:de I -
<br /> � in m amount not leea Wan t6e Wtal debt semued by thie Deed.+f 74ue�All polidos ehall be hold by tho Beneficiary,nnd be in sueh companiee � �,,
<br /> es the&nefidary may eppmvo and havo lasa puyablo firat W the BoneQdnry ae its tntornet may nppee:nnd then to tho'lYuetor. The amouat � � ..�
<br /> ' aoliected under aqy ineurance poHcY maY bc+npPlicd upon w�y tnde�tednea9 hereby sacured in euch ordor as tho Benefidary ehell deterrnino. f%,�-'�
<br /> Such applicarion by the Beneficiary nhall no!cause discontinuanco of ony proacdinga to fomcloae this Deed of'huat or cnre or waive aay t
<br /> defeult or noUr.e of dofnult or invnlldnte w�y act dono pureunnt to euch aotico. In tho ovent of fomclosuro,all dghts of ths Truator in ineuraaca '
<br /> � policica then in Corco ehnll puas to tho pumhmor at tho foreclosuro sdo. ; r '�'
<br /> 4. 7b obtnin tho wr[tton cotteonC of HonoSctary bofaro eolUng,coavoyingor ot6emieo trnneforring tl�o prnperty or mqy pnrt ihonro4end any ��"• „� p'
<br />� such enlo,convoyanco or tranefor without tho Henofictaey�e written cons�at ehull conatituW n dofault under the Wrme hereof. ' ..
<br /> ' 6. '!b defend any actlon or proceeding purportiug w ntfe��t tho security hereof or tho rights or powere of BaneHciary or 1Yuateo.
<br /> • 8. Should 41rueWr fail 4o pay whon duo nny taaea,ueeeaements.[neurnnca premiuma,lie:�e,encumbrnncea or uther chnrgea ogainat tho � ;
<br /> p�perty hnmianbovo deecribcd,Boneficiary ma�y poy tho nnmo,and the amaunt eo puid,with{nwmat uc tho rato oet forth in tho nom eecured � •� —
<br /> heroby,ehnll bo ndded w nnd becomo n nart of tho debt secured in this Deed oFYYuat ee permitted by Inw t
<br /> � IT I9 MUTUALLY A(iREEL1 THAT. +
<br /> 1. In tho oven4 nqy pox�tion of tho proporty ie tnlcen or dmm�ged in nn eminens domain proceeding,tho entira nmouat of tho nwerd or such
<br /> portion thomof n9 may be necesanry to ftd�Y entisiy tl�o obl�gntlon eccured horeby,ehull 6e nnid to BonnBcinry to bo npplled to eaid obligc+tion. •
<br /> 2, By accepting pnymoat of aqy aum eccumd hereby aRer ifs duo dnW,Honefidnry dooe uot wniva ite rightto requtiv prompt pnymont whQa y
<br /> duo of ell otber eumn eo aesvmd or to dcclnro dofnult for fnilum to sa pay. ,
<br /> 9. Tho�ustco shall rrconvoy o11 or nny part of tho proporty covemd by this Deed of 71vet to tho poreon entitled thamtn,on written request
<br /> of tho 7lvstor nnd tho Boaoflcfary,or upon sntiafactton of tho obllgntioa eecured nnd writtca requeat fur rcconvoynnr.o mndo by tho Hanoficiary s
<br /> or tho pereun entitled thoroto. �
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