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100393 N=L"VA MMD OF TRUST Ma 1Of ) arm 133.0 x,9575.00 r.—February 27 $987 72 January 23 N of _ 1 993 IM DEW OF TAI made this .22— : dav of January I927— , Lyle W. Wilke and Leola M. Wilke Husband and rife whose mailing- address is 224 N. Rub3 Grand Island, NE 6M1 as Trusurs, _ First American 'title Insurance Company - address W 1905 Harney St. Spite 620 Omaha, NE 68102 as Tr-nstee, and Norwest Financial Nebraska, Iric:., whose mudiing address is 2337 North Webb Road P.D. Box 1373 Grand Island_ TAE 688D2 as Beneficiary, wTT?7ESSETiI. Trustors hereby srrevoaeb33. grain- bargasn: sell, and convey to Trustee in trust, with power of sale, the fidlowing de- scrihed in Hall _ County. Nebraska: Lots Four (4) and Five (5) in Block Thirty (30), Packer and Barr °s Second Addition to the City of Grand island, Nebraska. Together with tenements, immdit.amenrs, and apparcem inces thereunto belonging or in ar-yw .+te appeertanung and the rents. issues and profits thereof. This is for the purpose of aecunng the payment to Benefrcia y of Trus errs' promissory now of even Hate in the amouint stated above as -Totzl of Payments'. Said 'Total of Payments" is repayable in the number of monthly ' instalreems stated above. The ' atmoutiat of the .instalment payments due on said loan is stated above. The first and final instal-meat Clue dares on said loan are sited above. Payment may be made in advance in any amount. at any tithe. Default in making any payment shall. at the Benefitaarc-s option and without notice car demand, render the entire unpaid balance of said loan at price due and payable, less arry required rebate of charges. To protect the secunty of this Deed of Trust, Trustor covenants and agrees: 1. To keep the property in good condition and repair; to permit no waste thereof; to complete any building, stricture or improvement ring built or abet= to be built thereon; to restore prumptly any building, structure or improvement thereon which may be damaged or destroyed: grid to comply with all laws, ordinances. regulations, covenants. conditions and restrictions affecting the property- ?. To pay before delinquent all lawful taxes and assessments upon the property: to ]seep the pruper:y ire- and clear of all other - hzrge -. ]lens or encurmbranaes impairing the security of this Deed of Trust. 3. To keep all buildings now or hereafter erected on the proper?t- described herein contmutiusly insured aga Ion by ire or other har-ards in an amotnit. not less than the total debt secured by this Deed of Trust. All policies shall be rind by the Beret- ciary, and be in such companies as the Beneficiary may approve and have loss payable first to the Beneirciarr as its interest may appear and then to the Tritstor. The amount colleet4 under any insurance policy may be applied upon any indebtedness hereby secured in such rude* as the fwuuN- shall determine. Such application by the lienefrcuuy shall not cause discontinuance of any proceedings to foreclose this Deed of Trust or cure or waive any default or notice of default or invalidate any .act done pursuant to such notice. In the event of foreclosure. all r4lit€ of the Tiustor in insurance policies then in force shall pass to the purchaser at the foreclosure sale - 4. To obtain the written consent of Beneficiary before selling, conveyer or otherwise transferring the property or any pert thereof and any such sale, conveyance or transfer without the Beneficiary's written consent shall constitute a default under the terms bereof 5. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee. fi. Should Trastor fail to pay whey: due any taxes.. assessments, insurance premiums. liens. encumbrances or other charges against the property heremabove described, Reneficiar, may par the same, and the amount sto paid, with interest at the rate set forth in the note secured ber•eby. shall be added to and become a par: of the deb: secured in this Deed of Trust ac permitted by law. TT IS IM TUALl.T AGREED THAT: 1. In the event any portion of ti- ,rop -»r i taken or damaged in an eminent domain proceeding, the entire amount of the awards or such portion thereof as may he necessary to fully sansf, the obligation secured hereby, shall be paid to Beneficiary to be applied to said obligation. 2. By accepting payment of acv =um secured :grebe after its due date. Beneficiary does not waive its right to require prompt payment when due of all other sutras so secured or to declare aefauit for failure to so pay 3. The Tmst.ee shall reconvey all or any part of the property covered by this Deed of Trust to the person. entitled thereto.. or. wrreo request of the Trusts and the Bviieficiary. or upon satisfaction of the obligation secured and written request for reconveyance made to the Beneficiary or the person entitled thereto. IM