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<br />88- 107004 <br /> <br />AmountofFirllt InstD.,.....". 6 260.00 <br />Total ofPaymenlB' 124BO. 00 <br />Number of Monthly lnstaImenlB ~ <br /> <br />NEBRASKA DEED OF TRUST <br />(With Power of Sale) <br /> <br />Amount of Other InstalmenlB $ 260.00 <br />First Instalment Due DataFebruarv 3 <br />Final Instalment Due Date Januarv 3 <br /> <br />19B9 <br />19~ <br /> <br />THIS DEED OF TRUST. made this ~ day of <br />between Michael G. Heuoel and Kathryn K. Heuoel. husband <br />who,", mailicg address is 104 West 11th Grand Island. Nebraska <br />~~n. John M. Cunninoham <br />whose mailing addres. ill 222N.CedarGrandlsland.NE 68801 <br />~ Trustee. and Norwest Financial Nebraska. Inc.. whose mailing address is 2337 N. Webb Road <br />P. O. Box 1373 Grand Is 1 and. NE 68802 . ~ Beneficia':Y. <br />WITNESSETH, Trustors hereby irT1!voc.ably, grant, bargain. sell. and convey to Trustee in trust., with power of sale., the following de- <br />scribed property in Ha 11 County. NebnWta: <br /> <br />December <br />and wife <br />68801 <br /> <br />.19~ <br /> <br />The Southerly Sixty Six Feet (66') of Lot Ten (10), Block Forty One (41), in Russel <br />Wheeler's Addition to the City of Grand Island, Hall County, Nebraska. <br /> <br />Together with tenements, hereditaments, and appurtenances. thereunto belonging Dr in anywiBe appertaining and the rents, issue! and <br />profits thereof. <br /> <br />This conveyance is intended for the purpoee of securing the payment to Beneficiary of TrustDrs' promiImry DOte of even date in the <br />amount stated above BJ -rotal of Paymentl!l" Said "'Total of Payments" is repayable in the number of monthly instalmente atated atxn.-e. <br />The amount of the instalment payments due on said loan is stated above. The first and flllA1 inmlment due datee OD said IDBD. are Btated <br />above. Payment may be made in advance in any amount at Any lime. Default in mailing any payment shall. at 'the Beneficiary'a option <br />and without notice or demand, render the entire unpaid balance of said loan at once d~ and payable, lea any required rebate or d1arg!os. <br /> <br />To protect the MlCUrity ofthill Deed of Trost., Tn1Btor CQvenanta and agrees~ <br /> <br />1. To keep the property in good condition and repair; to pennil no waste thert'Of; to complete any building, lItr'UdIIJ'e or improvement. <br />being built or about to be built thereon; to restore promptly any buildlng, structure or improvement thereon .hich may be ~ or <br />delltroyed; and to comply with alllaWl, ordinances, regulations, CQvenant.&, conditions and rellric1iofUI affecti.Dg: the property. <br /> <br />2. To pay before delinquent nil lawful taxes and aueu:mentJJ upon the proprrty; 10 h'cp the property free and du.r or 1111 othr:r c:h..arges. <br />Hem Dr encumbrances impairing the IleCUrity of thiJ Deed ofTTuat. <br /> <br />3. To keep all buildings now Dr hereafter erected on the property deKribed. hr,..,n mntinuou.Jy mflUJ'ed qaiDIt laB by fire 01' other <br />hazard. in an amount not I... than the total debt secured by this Deed of TnlIt. All polici.. .haIl he he\cl by the BenefJciary. and .. <br />in such companietl IU the Beneficiary may approve and hive 101ll payable nm to the BeneficiaQ u ita interelt may appear and then <br />to the Tnutor. The amount collKUd under any inmranc:e policy may ~ applied upon any indrbtedneu hrreby ~ in tuch ordrr u <br />Lhe Benefldary llhall detennine. Such application by the Beneficiary shall not caUJe dixontinuance of any proceeclinp to roredOR this <br />Deed of TruJt or cure or ,..-olve any default Dr nolice of default or inyalidate any art done pursuant to web notiee-. In the e\-ent orforecloeu.re. <br />all righbl of the Trustor in insurance policies then in roret' ..hall P'" to the purchater at the foredomre &ale. <br /> <br />4, To obtain the written consent of Beneficiary before selling. conve~1na: or otherwiJl! U'anafemng the property or any part thrreof and <br />any Iluch Nle, c:onveyam:e Dr transfer without the Beneficiary'. ~t~ ~DHnt &hall constitute a derauh under the terms herro!. <br /> <br />5. To defend any action or pl'OCftCiinl purportina to afl'ect the .alrity hereof or the rights or powt'n1 of Beneficiary or Trustee. <br /> <br />6. Should Trultor rail to pay when due any Well, aDeSsmentl, illllurance premium., hens, encumbrances or other ch&rxes againat thr <br />property hereinabove deecribed, 6eoneficiary may pay the Mmt.', ond the amount 80 paid, with interut at the rate let forth in the note <br />secured hereby, .hall 00 added to Bnd become A part orthe debt &eC'ured in this Pfed of Trust as permitted by la... <br /> <br />IT IS MUTUALI.Y "GREED THAT: <br /> <br />1. In the I!wmt any portion of the property is taken or damaged in an eminent domain proceeding, the enti,.. amount of the award <br />or IUch portion thereof.. may be neceuaQ to fully satisfy the obligation leC'ured. hereby, shall ~ paid to Beneficiary to be applied to <br />IBid obligation. <br /> <br />2. By accepting payment of any sum &eCUred hereby after illl due date, Beneficiary does not waive ita right to require prompt payment <br />when due of all other sumsliO secured or to dl!'Clarc default for failure 10 80 pay. <br /> <br />3. The Trustee shall reconvey all or any part. of the property ~vered by this Deed of Trost to the peram entitled the~to. on wntten <br />request or the Tnutor and the Beneficiary, or upon Ilatisfaction of the obligation secured and written request for noronv('ynn~ made by <br />the Beneficiary or the penon entitled thereto <br /> <br />gg, Ge4 (HE) <br />