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Amount of First: Instalment 5 .327.00
<br />Total of Payments x22544:00
<br />Number of Monthly Instalments 72
<br />003
<br />NEBRASKA DEED QF TRusT
<br />(With Power of Sale)
<br />Amount of other Instalments s 327-01)
<br />First Instalment Due Date `FebrUarV 9-87.
<br />Final instalment Due Date January 6_, ig.,
<br />THIS DEED OF TRUST; made this 21 day of January
<br />between
<br />To B_ Roeber and Donna J Roeber, Husband and Wife _ I�
<br />whom mailing address is 4060 Strauss Road Grand—island. NE FRana _
<br />as Trusters, First American Title Insurance CQmpany
<br />whose mailing address is 1905 Harney St. Suite 620 Omaha, NE 68102
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is 2337 North W bb_I(_
<br />P.O. Box 1373 Grand Island. N 68802 , as Beneficiary,
<br />WITNESSETH, Trusters hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />scribed property in _ Hall _ County, Nebraska:
<br />Lots One (1), Through Fourteen (14), both inclusive in West End Subdivision
<br />of Lot Three (3) of Garland Place, a subdivision of the North Half of the
<br />Southeast Quarter (NIhSB4) of Section Twenty -Three (23), Township Eleven (11)
<br />North, Range Ten (10), West of the 6th P.M., Hall County, Nebraska.
<br />Together with tenements, hereditaments, and appurtenances thereunto belunging or in anywise appertaining and the rents, issues and
<br />profits thereof.
<br />This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the
<br />amount stated above as "Total of Pavments". Said "Total of Payments" is repayable in the number of monthly instalments stated above.
<br />The amount of the instalment payments due on said loan is stated above. The first and Phial instalment due dates on said loan are stated
<br />above. Payment may he made in advance in any amount at any time. Default in making any payment shall, at the Beneficiary's option
<br />and without notice or demand, render the entire unpeid balance of said loan at once due and payable, less any required rebate of charges.
<br />To protect the security of this Deed of Trust, Trustor covenants and agrees:
<br />1. To .keep the property in good condition and repair; to permit no waste thereof; to complete any building, structure or improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property.
<br />2. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear of all other charges,
<br />liens or encumbrances impairing the security of this Deed of Trust.
<br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fire or other
<br />hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held by the Beneficiary, and he
<br />in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then
<br />to the Trustor. The amount collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as
<br />the Beneficiary shall determine. Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this
<br />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,
<br />all rights of the Trustor in insurance policies then in force shall pass to the purchaser at the foreclosure sale.
<br />4. To obtain the written consent of Beneficiary before selling, conveying or otherwise transferring the property or any part thereof and
<br />any such sale, conveyance or transfer without the Beneficiary's written consent shall constitute a default under the terms hereof.
<br />5. To defend env action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />6. Should Truster fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or tither charges against the
<br />property hereinabove described, Beneficiary -may pay the same, and the amount so paid, with interest at the rate set forth in the note
<br />secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br />IT IS MUTUALLY AGREED THAT
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion thereof as may he necessary to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to he applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after its due date, Beneficiary does not waive its right to require prompt payment
<br />when due of all other sums so secured or to declare default for failure to so pay.
<br />3. The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto, on written
<br />request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written request for reconvevanre made by
<br />the Beneficiary or the person entitled thereto.
<br />991 G84(NEi
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