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<br />88- 103771
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<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
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<br />THIS DEED OF TRUST. made this 12 day of Ju 1 Y , 19 88
<br />between Vincent A and Sharon K Zavala husband and wife
<br />wh~ maUUng a~ ~ 4264 Utah Grand Island. Ne. 68803
<br />as Trustors, John cunningham 'attorney;
<br />whose mailing address is 222 NCedar Grandlsland.Ne. 68801
<br />8SpOTruateel .and GNorw4!8t Financial Nebraska, Inc., whose mailing add.reSB is 2337 North Webb Rd.
<br />o Box t373 rana Island, He. 68802 as Beneficiary,
<br />WITNESSETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power
<br />of sale. the following described property in Hall County, Nebraska:
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<br />lot Twenty-Two (22). Capital Heights 8th Subdivision, Hall County. Nebraska
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<br />Tacecher WIth teoernent., her-.dit.amentll. and appur14'!nanalll thel'tllunto belongina or in anYW1" appert.alRi"llUld the ren1e. iMUM aDd
<br />profitll thenoC
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<br />Thla con..yarx:e .. mwnded for !.he purpoM! of *urif\l the paYlJienl to Beneficiary of Tna\or'l' indebted.... .viclenced by . Revolvm,
<br />Loan A<<ncmenl dated _Jul.}t..JL~ 19-B8~ punIUIUll to whkh an adVaJUlCl hu ~11 made in tM lum of' 16000. DO
<br />'. ~r WIth ehaJ'KH a.c:r:onli"l '" the term. of lIli..! Revolving Loan Alf'"ment. and a1ao any and all indebtf'dn_, 1\lIIlI!, futun adv__,
<br />"-.s chafIN now, or u may heflNlf\er M or bewme OWlna: by Truodor to u.nerlC:iary, un.w.r ..Id IWvolvina l.oen ArnM!fMllt or any future
<br />IWrolvllII l.oen AlfI'MIM"It betWftltl TfUlltm' tmd 84rne.lktary up to Ii. muimum unpllld ballUlCl! of '25,000, and aiM! pA)'lMnt of any SUnY
<br />e..,.ndtld or adva~ b, B.neficlary to pI'OUlct the -=urlt,y hereof. llefaull in makmlt any peyment Ihall. at the R.nefieiary'. option .nd
<br />wlthout notice or demanet. rt!tlIdef' u.. ftIun unpaid balance M'CUl'l'd Mreunder at once dlH' and payabko
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<br />To prolect the wcurit)' of thi. o..d of TrUlt, Tf1ISU)r toftnantll Illld al"!":
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<br />l To keep the property In pxt cundltion and reptalr; to permll ne wut.e tbei"llOf; tn complete any buildilll, lIt.ructure or IIDproVlMDeIIt
<br />belnc built or about tb be built thfltJoo; to rMtore promptJy IIny buildin.. Aru.ttl.lnl or Improvement therwon which may M damapd or
<br />dnlroyed.; and to '-"OIDply with all".., otdiuancH, reculation., rovenan.... condluOM and I'Mlriction. aff'ecunc the property.
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<br />2 To pay be(Oft lk-linq\Mtflt .11 lawful tas. .nd _1lI4!nt. upon the property; to keep !.he property fI'M and cl.... of.n other charpa,
<br />hen. or mcumbnmcM lms-1riftl u... DIlCUrlt)' of' W. IlMd of Trwat
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<br />3 To liMp .11 bulkb.... now 01' herufter erwcted on lb. property dMc:nb.d henl\n continuoualy ansured AKainlt 10118 by fire or other
<br />haz.ardA In an amount not l_ than the 101&1 dotb\ lI<<un!ld by tlu. D...d of Trual All polidea lihall btt held by the Beneficiary, end br
<br />In IUC'h rompen_ AI the BPnefieta!')- ,~ ~ ....M"_ Pllyable rim t.o the Bioneflclary IUI It. mt4!rMt may appear and then
<br />to the Tl"Wllor 1'he amount roll~.... ~. 11UIW'Il. polltl)' m~ be apphl!d upon an" mdebtedn..... hereby ~red an .uetl ord.r &8
<br />the "nenaary ahall determm.. Such.....tWn' II, u.~ BeneCk..,., tlMII nllt caulM' dlJiCnntmuance of any procHdinp to foreclOR lbla
<br />DHcIlIf Trua or c""' or ...",., MJ ~ till' iIde""tllfauk.ar 11lulidat.e any art done punluaJlt to lMICh nota. In the il'Yenl of foreckIRn,
<br />an nah'" of the! TTu.wr In IlUIuran('!t poIaclM mo.n In (OftW shall pua to thl! purch_r at tht' forecloilU~ ..I.
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<br />.. To obtam the wntwn ro.....rnt of s.twficlary betfore ..llInll, conveym. or oUlerwi.. lr.rwferrinK t.he propt'rty Of' any part t.hen!of .net
<br />any lIUCh ..Ie, ronvt'yanao or U..n.r.T Without the Ueneflclary'. wrlllen ronacmtllhllll COIlllUlut4! a default under the tel'l11ll h.reof
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<br />5 To d.f.ftd any acuon or proc--tlt\i( purporting to .fT..,;t th. lIlKunty hereof or the nghl.ll or powe" of fJ.etwfll:lary aT 'l'rust.ee
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<br />6 Should Tn>>lOr fall Lo pay w,h,m dUtl IIny tallel!!, ft_lUImconlJl. IIllIUfllOl-e pnolnlUmtl, hen., t'ncumbrancetl or other Chll'll'et1 Agall\llt the
<br />property herwinabl.ft cM.:nbed. BPnefielary ma)' pay the ume, and th>! amount 10 pllld, with Internt at the rat. ..t forth 10 the ~
<br />IKUrtId he..by, fob.1I br addIld Lo and herorot' II part of !hI' deb! fIl'oCurt!d In !hI. lloMd of Trust u pemlltt..d by la.
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<br />IT L'I Ml.rM.JAI.LY AGRElm THAT
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<br />I In the event any portion of lhto propllrty II t.k..n or dlllllllpi m an ..mmen! domam PI'tta!t'dIOII, \.h... entire amount of lb. .....ni
<br />at web portion thartof &II may be nec_ry to fully !IllUllfy lb. obhgatlon ....-un-d h"""by, .hall be paid to BenefiCIary to be .pph~ to
<br />acid abU,ahon.
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<br />2 8y ac~n<< payment of a.ny awn M!i:Urwd hereby af\lIIr Itl! du. dale. l\en..nclan doell no~ WIlIV... Itll Tlllht Lo J?qwre prompt pa,'ment
<br />.hen dill of.1l other .u1'llll1O MCuAd or tv d.dar. default for failure to M! pa~'
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<br />3 TM 1'ruat... .ll.1I rt'OOnv"y all 01' any pan of the prupt!rty covered b,v t,hlll rHool~d of Trust to lh" jM!noon ..nulled th"""'.,, on .."tun
<br />/'tIQ\M!lIt of the Tnat.o, and thO' l\enl'faCla.ry, or upon !Illt.lluacbun of th. uhlig.uon 1Il'<~\Jnod and ..rlU...n J?qu...., for nocon\,,,yanC!' m..... by
<br />the IJ.eMrlClary or th~ pt"rwon I'n!ll.llI'd thereto
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<br />1\41 Ea3 4HEI
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