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NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount ofFirst 249.00 Amount of other Instalments $ 249.00
<br />Toted of"lrayments a First Instalment Due Data MaY 10 —19-37
<br />Number orMotthl Irstaltrsrtte 035 Final Instalment Due Date March 10 19_,90
<br />THIS 'DEED or TRUST, made this 6 day of Agri 1 19
<br />bgtreep Charles E. Oxner
<br />whom mailing address is 102 East— llShto� Grants Island, Ne 68801
<br />J Tmdm, John Cunnin ham attorne at law
<br />who" mailing address is 22 N Cedar Gran Island,
<br />Ne. G1
<br />as Trustee, and Norwmt Financial Nebraska, Inc-, whose mailing address is 2337 North Webb Rd I
<br />1phracka GRAM as Beneficiary,
<br />1AITNFSSETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />scribed property in Na 1 1 County, Nebraska:
<br />East Fifty -Six Feet (E56') of
<br />Lot Six(6) Block Two (2), in Lakeview Addition City of Grand Island, Hall
<br />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 Truators' 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 />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 />y hazards in an amount not lees than the total debt secured by this Deed of Trust. All policies shall be held by the Beneficiary, and be
<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 noRice detg r any act done pursuant to such notice. In the event of foreclosure,
<br />all rights of the Trustor in insurance policies then, in fork he rchaser at the foreclosure sale.
<br />4. To obtain the written consent of Beneficiary bet�ore se 4%, or otherwise transferring the property or any part thereof and
<br />any such sale, conveyance or iranr without the Benefciary's,writtoti° n
<br />od'e t shall constitute a default under the terms hereof.
<br />6. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />6, Should Trudw 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 he 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 potion thereof as may be necessary to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to be 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 reconveyance made by
<br />the Beneficiary or the person entitled thereto.
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