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f <br />Amount of First Instalment <br />Total of Payments $-15 , 6( MO <br />Number of Monthly Instalments — ____kip. <br />8 ,/.._. 100515 <br />NEBRASKA DEED OF TRUST <br />(With Power of Sale) <br />Amount of Other Instalments $260-00 <br />First Instalment Due Date <br />Final Instalment Due hate _.? /? 19—q2. <br />THIS DEED OF TRUST, made this .2f>_ day of 1aRfldr�!_ —__ <br />19_$]__, <br />between _- JaMe'i — CaMPb£l�L_ -aad Andrea ,7 .amnhPl i Hltcbanfi_ anti yam _.---_--------- <br />whose mailing address is 507._kA_5th__ Grand Island, Ne 6RR(1t—.,__.____— <br />__,____ <br />as Trustors,_�irsi �eriran litj,p Tn^an�a (pm�anlf ___ ___ <br />whose mailing address is 1905 HarIIey_�t- Suite 690 Omaha, Na _ 6R1 (12._______ <br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is <br />_ <br />1th_ <br />_ <br />as Beneficiary, <br />WITNESSETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de- <br />scribed property in Ha 1 1 ___ <br />County, Nebraska: <br />Lot Two (2), Block Two (2), Park Place to the City of Grand Island, <br />Hall County, Nebraska <br />Together with tenements, hereditaments, and appurtenances thereunto belonging 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 Payments'. 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 final instalment due dates on said loan are stated <br />above. Payment may be 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 unpaid 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 />I. 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 foPcis shallsass tooi the purchaser at the foreclosure sale. <br />4. To obtain the written consent of Beneficiary before selling, conveWing 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 any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee. <br />6. Should Trustor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other 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 be 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 alter 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 reconvev 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 reconvevance made by <br />the Beneficiary or the person entitled thereto. <br />991 G84 (NE) <br />Ln <br />