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<br />88- 106969
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<br />TRUST DEED
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<br />r( )"' l,~" .'1 ,i
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<br />THIS DEED OF TRUST, mndonndentcrcdintothls-29.-dnyel -5ep""mhPr , 19.88........
<br />Vinson as joint tenants
<br />byandbctwcen~.TruBtor,and r.'riCl'" ~"";"'An 'fli""A TnRll"'::l~~8tCC.
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<br />an<L- All iAli F.nArgy Prnd,1CI:fL Rcnoficinry,
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<br />whose nddw.BS is
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<br />1500 E Anny Pmrt Rr1 I'F.R Mninp'!4 T., ,01'0
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<br />WITNESSETH: Thnt the Trustor do by these prenants grant, bargain and sell, convey and confirm with Power of Snlo
<br />unto tho Trustee the following described Real Estate including all buildings, improvements, and fixtures of overy kind now
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<br />Df hereafter erected or placed on the real estate, situated in
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<br />~::Il1
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<br />County. in the State of Nebroslm:
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<br />Property known os:
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<br />Lot 179 r BuenaviGta Sulxiivison
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<br />Flied for Record
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<br />at
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<br />_.M.
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<br />in Book
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<br />of
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<br />Pege
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<br />and possession of said premises now delivered unto said Trustee;
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<br />TO HAVE AND TO HOLD the same, with all rights, privileges, and appurtenances thereto belonging unto the
<br />Trustee, bis executors, administrators, heirs, and assigns forever. And the Trustor hereby expressly waives, releases, and
<br />relinquishes unto the Trustee all right. title. claim, interest, benefit, and estaw whawver, in and to the above-described
<br />premises and each and every part thereof, wbich is given bJ' or results from alllnws of the State of Nebraska pertaining to
<br />the exemption of homestead. And the Trustor covenants with the Trustee thnt he will forever warrant and defend the title
<br />to the same against the lawful claims of all persons whomsoever.
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<br />IN TRUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a
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<br />home imp,."vement Retail Inst.allment Contract ("Contract") evidencing a Total of Payments of $ nnn nn ,
<br />being payable in monthly Inst.allments at such place as the Beneficiary may designate in writing from time to time.
<br />Notwithstanding any provision contained herein or in said Contract to the contrary, if not sooner paid, all sums due and
<br />owing under the terms of said Contract sball be paid on or before 9 po JRR . The Total Sale Price
<br />of said Contract is $ 7700 00 and is for services nnd goods described as '0-5 ViT\yl ~irHng
<br />WindO\~ f.4 Dc:xlr Trim Solar Sonrd Im:ml nt-inn r 7 Vinyl crank nut- Winc'kJ'w!=; 1 Pi~t-1TrP t'linnnw
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<br />,said work estimated to be completed ] 0 /9/HRA
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<br />It is agreed by and between tbe parties hereto that until filing of Notice of Default. the Trustor shall: (1) pay all
<br />IIresent and future taxes and assessments, general and special, against said prollerty before the same becomes
<br />delinquent or actionable; (2) keep all Improvements erected on the land insured as may be required from time to time by
<br />beneficiary against loss by fire and other ha7.ards. casualties and contingencies, in such amounts and for such periods as
<br />are reasonable and may be required by beneficiary, and to keep all policies of such insurance in force or effect upon the
<br />property herein described constantly assigned and delivered to beneficiary. 13) pay and comply with all of the terms and
<br />conditions of any lien, claim or indebtedness that may be senior to or take precedence to this Trust Deed as soon as any
<br />such payment on such lien, claim or indebtedness shall become due; and upon failure of Trustor to keep any said
<br />agreements, beneficiary may pay such tax, pay for such insur.nee or payoff such liens or claims or indebtedness as the
<br />case may be. and the money so ""l"'nded together, thereon as provided by the terms of the aforementioned Contract,
<br />sball be secured by tbis Trust Deed, and the Trustor agrees to repay the same upon demand, and upon failure to do sO
<br />the balance of the attached Contract sball become immediately due and (lay able at the option of tbe beneficiary; 14)
<br />specifically confer upon the Trustee the power of sule as provided In Nebraska law; (51 retain possession of the premises
<br />and collect the rents and revenues therefrom,
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<br />Upon payment of all the sums secured by tbis Trust Deed, the Beneficiary shall request the Trustee to reconvey the
<br />property and sball surrender tbis Trust Deed and all Contracts evidencing indebtedness secured by this Trust Deed to
<br />the Trustor. Trustee shall reconvey the pr~perty without warranty to the person or persons legally entitled thereto: but
<br />If default be made in tbe payment of said Contract or any part thereof or any of tbe interest thereon when due or in the
<br />faitbful performance of any or eitber of said agreements as aforesaid, then the whole of said Contract shall become due
<br />and be paid as hereinafter provided, and this deed sball remain in force; the Trustee or his attorney may proceed to sell
<br />the property in its entirety or in parcels at the option of the Trustee hereinbefore described at public auction, to the
<br />bighesfbidaer, for cash. However, the power of sale herein conferred upon the Trustee shall not be exercised until 11) the
<br />Trustee sball first file for record, in the offiee of the register of deeds of each cOllDty wherein the trustrroperty or some
<br />part or parcel therein is situated, a notice of default, identifying the Trustee by stating the names 0 the Trustor and
<br />names therein and giving the book and page where the same is recorded, n description of the trust property, and
<br />containing a statement that a breach of an obligation for which the trust property was conveyed as security has
<br />occurred, and setting forth the nature of such breach and of his election to sell or cause to be sold such property to satisfy
<br />the obligation; and (2) after the lapse of not less than one month, the Trustee shall give notice of ssle as provided by
<br />Nebraska law. After notice of default and lapse of not less than one month, the Trustee shall give written notice of the
<br />time and place of sale particularly describing the property to be sold by publication of such notice, at least five times,
<br />once a week for five consecutive weeks, the last publication La be at least 10 days but not more than 30 days prior to the
<br />sale, in some newspaper having a general circUlation in each county in which the property to be sold. or some part
<br />thereof, is situated. Upon such sale, the Trustee shall execute and deliver a deed of conveyance of the property sold to
<br />the purchaser or purchasers thereof and any statement or recital of fact in such deed in relation to the exercise of the
<br />power of sale and sale of the property described therein. including recitals concerning any mailing, personal delivery and
<br />publication of the notice of default, any mailin~ and the publication and posting of notice of sale. and the conduct of sale:
<br />and such recital shall constitute prima facie eVIdence of such compliance and conclusive evidence thereof in favor of bona
<br />fide purchasers and encumbrancers of value and without notice. The Trustee's deed shall operate to convey La the
<br />purchaser, without right of redemption, the Trustee's title nnd all right, Litle, interest and clnim of the Trustor nnd his
<br />successors in interest and of aU persons claiming by or through or under them. in nnd to the property sold. including nil
<br />such right. title, interest and claim in and to such property acquired by the Trustor or his successors in inLeresl
<br />subsequent to the eXL'CUtion of the Trustee. The TrusW8' shall apply the proceeds of the TrustL"C'S sail': first.. I.u Lht> cost
<br />and expen5CS of exercising the power of sale. und of the sole. Including lhe payment of tht.. Tru:-lh',' ,- II'I'~ :!t't\lully
<br />incurred not to exceed the amount which moX be provided in the Trust [)el-d. second, ~II pnyn1l'nl 01 t!ll' Clhhgllt.illn..:;
<br />SCt..'Ured by Lhe Trust Dl"'Cd. and th~ balance. If any, lo the person tlr persons It'gully I'nlll h.tl t lU'n'W.
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<br />ORIGINAL
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