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<br /> NEBHiABKA DEED OI�'TRUST . ;h.
<br /> (Wlth Po�ver of�ale) -• �
<br /> ;.:;;
<br /> December ,1g g4 "�'.. '
<br /> 'I'HI8 DEED OF TRUST,mado this 7 day of . �
<br /> between Jamea W Nelvon and Rose 2{ Nelson husband and wi.xe as joi.nt tenants , loo ' � •��-�.��
<br /> whoaomailinguddrese{s �039 N Gherman Ave Grand Island NE hR80'� , \ yy.:;:�:
<br /> as'IluBtore, Naeions Title Tnaurance Gom�,�y� _
<br /> whosemeiling¢ddreaeib b£{00 ('olleee B1vd Ste 700 Overlan Parlc� KS hb211 , - •�� s��
<br /> ne'lYuetee,aad Norweat Iynnnciul Nebrnekn,Inc..whose mnfl[ng addrese in 7�19 N_ [,lehh Rd. ''1'�'=±���:y_
<br /> P.O. Bor. 1373 Gxand Island, NE 68802 . }'� ' —
<br /> �ti8 BOAQGC1IIiy, . t.,�ro_.•,•�•
<br /> WITNE33ETH,7�uatore hemby irrevocably,grant bazgain,aell,and convoy to 1lrustee tn trust,with powor of sale,tho follow[ng descrl6ed '��'�'�`X[�i`
<br /> propertyln Ha11 Couaty,Nobraslca: °`'��`=
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<br /> Lot 6 and the North 47 feet of Lot 7, Block 10. �dest Park Addition tu ��,��-�:
<br /> Grand Island, Hall County, Nebraska. � ^
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<br /> lbgethor with Wnamc+ate,hereditamente,end appurtrnaaces thereuato belonging or in eaywise epperu►taing und tha ronte,tesaoa end
<br /> pmfite thercof. � �
<br /> Thls wnvoyance is intendad for the purpoae of securiag ttie paymont w Benefidary of TrusWre'promiseory aoW of oven dato in the amouut � �,
<br /> of$25344.00 ('ibtal of Paymeate).Suid 1bta1 of Paymeate la repayablo according W the terms of eatd noto. Pnyment mny be mado tn ';." .
<br /> • advunce ia nny nmount at any timo. Dofnt�lt in maldug any pnyurea�t sheA,nt tho Boneficiury's option und without noticc+or dumaad,roader ''
<br /> tho ontlro unpaid balence of anid loan nt once dua und payeblo,leae any required rebate of chnrgea. �''�
<br /> 2b pmteM the aecurity of thie Deed of'hust,llrustor coveaante and agrees: ��.�yz
<br /> 1. '!b keep the property in�ood condition aad rvpair,to permit no wnete therr.oF to compleW any building,ntructuro or improvomont boing , '��
<br /> built or about to be built thereon;to reatore pmmptly any 6uilding.structuro or impmvamont thomon wh{ch moy bo dmm�ged or deatruyed; ",' �
<br /> `.�-.
<br /> and W comply with all lnwe.ordlnfwces,reguladone,coveaents,cond[tions ead rnatrtctiona ntt'etttag tho propnrty. Y -t��� ,.cr;�„
<br /> 2. 7b pAy beforo delinquent nU lawful tvicee nnd assessmonte upon t6e property;to keap tho property fneo and claar of aU othor ehargee, ' -' ' °�
<br /> lione or encumbrunces imp¢irin�the eec�ulty of t.his Deed of'lYve� �,�� '�'"���
<br /> 3. 1b keep a116uildinge now or hereaRer erected on tho property deacribed hemin continuouely inevred aguinet lose by tiro or othor hnze�rda I
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<br /> ia nn amouat not losa thun the Wtal debt secured by thie Deed of'llvet. All policies ehall bo held by tho Boaeflcinry,and bo in euch compsaiee • �_
<br /> as the BeneBciary may approvo and hnvo losa payublo firut to the Beneficlnry us its intareat may nppenr nnd then to tho 14ustor. 4'ho nmount '
<br /> collected undor uny insurunco policy muy be applied upon aqy indebtedaesa horeby secured in euch order es the Beneficiery ehall determine. ; f
<br /> 3uch applicnNoa by tho Beneficlnry ehall not cauae diecontinuunce of any proceedinge to foreclose thts Deed of'14vst or curo or waive aqy I ' "-
<br /> defuult or notice of dofault or invnlidate aay act done purnuanc to euch notice. In the event of Cornclosuro,ull r[ghta of tho 14vator in iasurnnco j }:
<br /> � policioa thoa in force ehnll pues w the purchaaor at tho foreclosure eale. � '�+. ,,
<br /> 4. 'ib obtnin 4ho writton consant of Benoficinry boforo eelling,convoying or othnnviso trnneforring tho pmporty or nqy pnrt thomof nud nny � �� �
<br /> euch salo,conveynaco or trnnefer without tho Beaeficlary�e written coasont ehall coustitute a dofsult under tho torws hernaf. ,
<br /> ' b. 7b defond nny ar.tion or proceeding purporting W nfCect the eecu�ity hereof or tho rights or powere of Soaefidnry or Zlrusteo. "
<br /> i 8. 3hould'I�uator tail to pay when duo any taxee, asseoaments,inauranco promiums,llone,eacumbrancea ur othor chnrgea agn�ast the ,
<br /> pmperty hominubovo deacribed,Bonoficinry may puy tho snme,and tho amount so paid,with interest at thn raW aet forth in thu noW eecured
<br /> Ihereby,ehnll be udded to und becomo a purt of Wo debt secwed iu thio Deed of'Ituet as pormittod by law.
<br /> I IT I9 MUTUALLY ACiRE�D TIiAT. .
<br /> � 1. In the ovont any portion of tho propnrty ia kilcen or diunnged in un eminont domnin proceedina,the entiro nmount of the awnrd or such
<br /> � portioa thercof ne mny bn necessary w fuUy aotief�the obliauHon eecured hereby,ehnll be pnid w Bonefictory to bo applied ta aaid obllgation.
<br /> I 2. By acoepting pnyment of auy sum secured hereby nfter ita duo dnte,Beneficiary does not waive its right to mquiro pmmpt pnymont when
<br /> I dua ef oll other sumn so secured or to declnro default(or failure to so pny.
<br /> � 3. T'he Zlveteo ehall mconvuy nll or any part of tho property covemd by thle Dced of Truet to tho person entitled�hcreto,on writton requcat
<br /> o£the'Ilrustor nnd the BonoRcinry,or upon eatiefaction of tho obligntion eecured md writton requeet for reconveyunce mudo by tho Benoticinry
<br /> � or tho poreon ont{Ued thoreto. ;
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