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88-101137 r NEBRASKA DEED OF TRUST (With Power of Sale) Amount of First Instalment $ 270.00 Total of Payments $ 16.200.00 Number of Monthly Instalments 60 Amount of Other 1I15talments $ 270.00 First Instalment Due Date Apri I 11 Final Instalment Due Date f>1arch 11 19i1lt 19.9l . THIS DEED OF TRUS1', made this ~ day of ootw~n John C. Anderson and Michelle E. Anderson. whose mailing address is 1521 N. Wa I nut Grand I s I and. as Trustors, John Cunn i ngham whose mailing address is 222N.Cedar Grand Island.NE 68801 as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is 2337 N. Webb Road P.O. Box 1373 Grand Island. NE 68802 ,as Beneficiary. WITNESSETH, Trustors hereby irrevocably, grant. bargain. selL and conve~' to Trustee in trust, \\ith power of sale, the following de- scribed property in Ha II County, Nebraska: r'1arch 19--.illL husband and wife NE 68801 Lot 5, Block 16, Schimmer's Addition to Grand Island, Hall County. t~ebraska. Together with tenements, hereditaments, and appurtenances thereunto bel:mging or in any"'5<O' appertaining anti the rents, i~uE's and profits thereof. This conveyance is intended for the purpose of .,.;;curing the I'sJ>-ment 10 Benel'kial)' of Trustors' promiS5ol)' note of ewn date in the amount stated above as -Total of Pa}wents-. Said "Total of Ps}-ments- is rep3yabl... in the number of monthlJ>' instalments stated 800.'1'_ The amount of the instalment pa}wents due on said loan IS stated aoo"e. The first and final in..<1alment due dates on said 10lln are stated aoove. Payment may 00 made in ad,'anre III any amount at an~' hm.... Default in makmg an}' p3}-rn..nt shall. at the BeneficisQ"s ophon and without notice or demand, rend... the entire unpaid balance of saId loon at "nce due and p3yable, Ie.;;;; an}- reljuired rebat.. of char/:"E's. To protect the security of this Deed of Trust, Trustor covenants and agr~:;c 1. To keep the pmperty in good condition and repair; to pennit no "",ste thereof; to compl"l.. anJ>' l>uild"'g. slructure or impnwE'mE'nl being built or about to be built thereon; to reslore Promlltl}' anJ>' buildmg, Structure or Impro,'ement there.)n ",'hich may he dllll1a~NI or destroyed; and to comply wilh all laws. ordinances. n>gulatlons. C'O,...nantts., conditions and fl.>51ndlOns a<<Nting th.. propE'rty 2. To pay before delinquent all lawful taxes and as.;~ssments upon Ihe propert}.; to k~p the propt'rtJ>' fra- and clear of all other chall<E''!>. liens or encumbrances impairing the seeurit). of this Deed ofTru5t_ 3. To keep all buildings now or hereaner erecled on Ihe propert}' desltribed helein continuously insured againsl 10><'5 b)' fire or oth!'r hazards in an amount nol less Ihan the tolal debt s.-:-cufEd b}' thiS Deed of Tru.st. All policies shall be held b}' th.. BenefiCIal)'. and he in such companies as the. BE'neficial)' ma}' approvl' and ha\'(' 10<50$ p..~}'abll' first to th.. Ueneficiary as its interest maJ>' appl'JIr and then to the Trustor. The amount collected under an)' IIlsurance polk}' ma}' be apphed upon an}' mde~edne:!" herfil)" ~n'll in such ard!'r liS the Beneficiary shall detc'mline. Such allphcallon hy Ihl' Beneficiaf)- shall lint caure di"""ntinusnre 01 an}" proc.!eding's to foredo~ this Deed or Trust or cure or waive any default or notice of default or im"3hGate nnJ>' act done pur-mant 10 s'Uch oohre. In the e"ent of forocl",uo.', all rights or Ihl' Trustor III insurance poliCies then III fon..... shall pass to the purchss..>r at thl' for~IMure "lie. ,to To obtain Ihe wrillen COIL'K'nt or BenefiCial)' before s.ellillg, com'eying or olherwlSfo transfernng the propertJ>' or an}' pllrt th"""-<lf nnd any such sale, conveyance or transfer without the Beneficial)"s ....ritten C(I~nt shall (unstllut.. a default under the tNms hel"E'Of 5. To defend IIny action or proc~dlllt: pllrportlllg to affe<t the 5<Nurit)' hereof or the nJ:hts or power;; of Ben!'ficial)' or Trus.tl'e, 6. Should Truhlor fail to lIa)' when du" any taxes. as~~ments, lIuuranc... premIUms. hl'ns. l'ncumbranc...... or othl'r chall<f'.!> agalll~l the property hereinabove described. lleneficlal)' mOl}' 1><1Y the s.ame, and the amount 50 PC11d. "'lIh inler.....;! at lhe ...lte ~t ("rth In thl' note secured hl'Jeby, shall be added to alld become a p..~rt of the debt securro In tillS 1>rt.J o(Tru~t ,15 pl'nnmed b)'law IT IS MUTUALI.Y AGlU:EI> THAT 1. In the e"ent an)' portion of lhe propert). is taken or dama.:ro m an l'mment domain prOl.<<-ding. the entire amount of the awam or such portion thereor a,; may be nl'<<?ss.ary to full}' s.lhsfy the obligation SE<urro h..re-b}'. s.lIall be paId to BenefiCIal)' to be apphed to said obligation. 2. By accepting payment or an}' sum ~ured hereby aner Its due dale. Beneficial)' does not wal\'" lis TIght to reljuu" rrompl pa}'ml'nt whell due of all other sums so securt'<! or to declare dl'rault for faIlure to 50(1 p..'iY 3. The Trustee shall reconvey all or any part of thl' propl'rt~. l'illWrro b~' thIS I~ of Trust to thl' pl'NlOn l'ntltled Ihl'f..lo. on "'TIIl('n request of the Trustor and the lIeneficlal)'. or llpon sallsfactl()Il of thl' obh..:allon SNUred and ....'Tlllen ..--quest (or rN"OlI\'e}'anc-e madl' hy the Beneficiar)' or the pen!on ent,tl..rl th"rl"" 991 G84 (NEI r- u L L --.J r' ,..