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NEBRASKA DEED OF TRUST <br />(With Power of Sale) <br />THIS DEED OF TRUST, made this 19TH day of NOVEMBER 2003 <br />BERYL I. MCCOIG AND JEANM. MCCOIG, HUSBAND AND WIFE, AS <br />10 • Sa <br />, between <br />whose mailing address is 1416 S. SYLVAN ST. GRAND ISLAND NE 68801 , as <br />Trustors, _ Amy n, c c `T -i�e �n S KoA�� "-\ <br />whose mailing address is 123 N. LOCUST, SUITE 201C, GRAND ISLAND, NE 68801 , as <br />Trustee, and Wells Fargo Financial Nebraska, Inc., whose mailing address is 2319 NORTH WEBB ROAD <br />GRAND ISLAND NE 68803 , as Beneficiary, <br />WITNESSETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of <br />sale, the following described property in HALL County, Nebraska: <br />THE NORTH 46 FEET OF THE EAST 132 FEET OF THE S1 /2 OF BLOCK 12, IN PLEASANT HOME <br />SUBDIVISION OF PART OF El /2 SEl /2 OF SECTION 21, TOWNSHIP 11 NORTH, RANGE 9, INGRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the <br />rents, issues and profits thereof. <br />This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note <br />of even date in the amount of $ 23,889.60 (Total of Payments). Said Total of Payments is <br />repayable according to the terms of said note. Payment may be made in advance in any amount at any time. Default in <br />making any payment shall, at the Beneficiary's option and without notice or demand, render the entire unpaid balance <br />of said loan at once due and payable, less any required rebate of charges. <br />To protect the security of this Deed of Trust, Trustor covenants and agrees: <br />1. To keep the property in good condition and repair; to permit no waste thereof; to complete any building, <br />structure or improvement being built or about to be built thereon; to restore promptly any building, structure or <br />improvement thereon which may be damaged or destroyed; and to comply with all laws, ordinances, regulations, <br />covenants, conditions and restrictions affecting the property. <br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear <br />of all other charges, liens or encumbrances impairing the security of this Deed of Trust. <br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss <br />by fire or other hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be <br />held by the Beneficiary, and be in such companies as the Beneficiary may approve and have loss payable first to the <br />Beneficiary as its interest may appear and then to the Trustor. The amount collected under any insurance policy may <br />be applied upon any indebtedness hereby secured in such order as the Beneficiary shall determine. Such application by <br />the Beneficiary shall not cause discontinuance of any proceedings to foreclose this Deed of Trust or cure or waive any <br />default or notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure, all rights of <br />the Trustor 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 transferring the property or <br />any part thereof and any such sale, conveyance or transfer without the Beneficiary's written consent shall constitute a <br />default under the terms hereof. <br />5. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary <br />or Trustee. <br />6. Should Trustor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other <br />charges against the property hereinabove described, Beneficiary may pay the same, and the amount so paid, with <br />interest at the rate set forth in the note secured hereby, shall be added to and become a part of the debt secured in this <br />Deed of Trust as permitted by law. <br />IT IS MUTUALLY AGREED THAT: <br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount <br />of the award or such portion thereof as may be necessary to fully satisfy the obligation secured hereby, shall be paid to <br />Beneficiary to be applied to said obligation. <br />2. By accepting payment of any sum secured hereby after its due date, Beneficiary does not waive its right to <br />require prompt payment when due of all other sums so secured or to declare default for failure to so pay. <br />3. The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled <br />thereto, on written request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and <br />written request for reconveyance made by the Beneficiary or the person entitled thereto. <br />NE- 0979 -0503 (ROC) <br />M <br />rV <br />G> <br />n � <br />CD <br />I- <br />C <br />M <br />GA <br />_ <br />= <br />Z '-4 <br />ry. <br />rn D <br />O <br />1� <br />� <br />° <br />"S <br />0 <br />'; <br />ry <br />o <br />-n <br />. <br />n TC/) <br />o <br />u, <br />:y <br />C.3 <br />2 <br />T <br />ar <br />>- r7 <br />f <br />G.I'1 <br />N <br />co <br />Cn <br />N <br />rt <br />U0315392 2 <br />° <br />Prepared by: BRAD JOHNSON, WFF <br />Wei a4AWa % Ncba:4 . <br />Return to: WEBBB R0ADk #0JSL -AND NE 68803 <br />NEBRASKA DEED OF TRUST <br />(With Power of Sale) <br />THIS DEED OF TRUST, made this 19TH day of NOVEMBER 2003 <br />BERYL I. MCCOIG AND JEANM. MCCOIG, HUSBAND AND WIFE, AS <br />10 • Sa <br />, between <br />whose mailing address is 1416 S. SYLVAN ST. GRAND ISLAND NE 68801 , as <br />Trustors, _ Amy n, c c `T -i�e �n S KoA�� "-\ <br />whose mailing address is 123 N. LOCUST, SUITE 201C, GRAND ISLAND, NE 68801 , as <br />Trustee, and Wells Fargo Financial Nebraska, Inc., whose mailing address is 2319 NORTH WEBB ROAD <br />GRAND ISLAND NE 68803 , as Beneficiary, <br />WITNESSETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of <br />sale, the following described property in HALL County, Nebraska: <br />THE NORTH 46 FEET OF THE EAST 132 FEET OF THE S1 /2 OF BLOCK 12, IN PLEASANT HOME <br />SUBDIVISION OF PART OF El /2 SEl /2 OF SECTION 21, TOWNSHIP 11 NORTH, RANGE 9, INGRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the <br />rents, issues and profits thereof. <br />This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note <br />of even date in the amount of $ 23,889.60 (Total of Payments). Said Total of Payments is <br />repayable according to the terms of said note. Payment may be made in advance in any amount at any time. Default in <br />making any payment shall, at the Beneficiary's option and without notice or demand, render the entire unpaid balance <br />of said loan at once due and payable, less any required rebate of charges. <br />To protect the security of this Deed of Trust, Trustor covenants and agrees: <br />1. To keep the property in good condition and repair; to permit no waste thereof; to complete any building, <br />structure or improvement being built or about to be built thereon; to restore promptly any building, structure or <br />improvement thereon which may be damaged or destroyed; and to comply with all laws, ordinances, regulations, <br />covenants, conditions and restrictions affecting the property. <br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear <br />of all other charges, liens or encumbrances impairing the security of this Deed of Trust. <br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss <br />by fire or other hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be <br />held by the Beneficiary, and be in such companies as the Beneficiary may approve and have loss payable first to the <br />Beneficiary as its interest may appear and then to the Trustor. The amount collected under any insurance policy may <br />be applied upon any indebtedness hereby secured in such order as the Beneficiary shall determine. Such application by <br />the Beneficiary shall not cause discontinuance of any proceedings to foreclose this Deed of Trust or cure or waive any <br />default or notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure, all rights of <br />the Trustor 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 transferring the property or <br />any part thereof and any such sale, conveyance or transfer without the Beneficiary's written consent shall constitute a <br />default under the terms hereof. <br />5. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary <br />or Trustee. <br />6. Should Trustor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other <br />charges against the property hereinabove described, Beneficiary may pay the same, and the amount so paid, with <br />interest at the rate set forth in the note secured hereby, shall be added to and become a part of the debt secured in this <br />Deed of Trust as permitted by law. <br />IT IS MUTUALLY AGREED THAT: <br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount <br />of the award or such portion thereof as may be necessary to fully satisfy the obligation secured hereby, shall be paid to <br />Beneficiary to be applied to said obligation. <br />2. By accepting payment of any sum secured hereby after its due date, Beneficiary does not waive its right to <br />require prompt payment when due of all other sums so secured or to declare default for failure to so pay. <br />3. The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled <br />thereto, on written request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and <br />written request for reconveyance made by the Beneficiary or the person entitled thereto. <br />NE- 0979 -0503 (ROC) <br />