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<br />Amount of l
<br />of Meathly IrAftWIlft �._
<br />87- 102814
<br />NRBRMIKA DRRD OF TRUW
<br />(Wuh Power Of ark)
<br />Amount of Other huBalmen 315.00
<br />First. Instalment Due Data ?,720 _,.,..,_ 19 87
<br />Final Instalment Duo late 1g�89
<br />TIM DM OF TRUST, made the 15 ��t
<br />h n arlyR Smith husban iindTwie� 87
<br />11 tebow malting addre.a is 1623 rth Park Gran S an
<br />as Tritium
<br />.hers mailing sddmw is —222 —A Liar Grand Isi. _en r' FNe; °
<br />a Trustee, MW Norwest Financial New"", Inc., whore mailing adklrea is rt x �^ -
<br />Viand I e 1 and 1n4s T
<br />1YITN 7 hereby irrevocabl _ _ M _ _. as Berueficiary,
<br />Y grant, bargain, sell, and convey to Trustee in trust, with
<br />scribed Property in . Hd l 1 power o sets, the following
<br />-°'- -_ — ..— ._---- ---- -- County, Nebraska:
<br />Lot 139, West Lawn Addition to the City of Grand Island, Hall County, Nebraska
<br />T011ar ror with tenements, hereditamenu, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and
<br />prsdita thereof
<br />This tstatedtuHae is intended for the purpose of wring the payment to Beneficiary of Trustore Prom wory note of even date in the
<br />assent stated thous as "Total a me tsdue . on "Total of Payments" is repayable in the number of monthly instalments state! above.
<br />The airwsgnt of tlro instalment payments due nit said loan is stated above. The first and final instalnront ddro dates tm mid lost are stated
<br />above. Payment may be roads in advance in any amount at any time. Default in making any payment %hall, at the Beneficiary's option
<br />and without notice or demand, render the entire unpaid balance of said loan at once duo and payable, leas 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 fro damaged or
<br />and to comply with all laws, ordinances, regulations, covenants, conditions end restrictions affecting the which sty.
<br />2. To pay before delinquent all lawful taxes and menu u
<br />Hero or ances impairing the security of this Deed of Trust Pon the property; to keep the property free and clear of all other charges,
<br />3. To keep all buildings now or hereafter erected an the property described herein continuously insured against lom by fire or other
<br />hazards in an anoint not less than the total debt secured by this Deed of Trust. Ail policies shall be held by the Banefieiary, 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 Truer. The amount collected under any insurance policy may be applied upon any i
<br />the Bearficiary shall determine. Such application by the Beneficiary shall rot cause discontinuance of any secured in such order is
<br />Deed of Trust or cure or waive any default err notice of default Of invalidate an act adaw Y proceedings . In the to f tergeeo this
<br />Oil rights of the Truster in insurance policies then in: force rdatt 1" tq the Y pursuant to such notice. In t}le event of forsthroure,
<br />rchaser at the foreclosure sale.
<br /><. TO obtain the written consent of lla,neficia laefore . '•
<br />ate "10. conveyance or transfer without or otherwise transferring the property or any part thereof and
<br />a rY rat 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
<br />g powers of Beneficiary or Trustee.
<br />g. Should Truce fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges against the
<br />secured PMPWY hereinabove described, Beneficiary may pay the same, and the erawunt so paid, with interest at the rate set forth in the note
<br />hereby. chap be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br />IT I3MUMIALLY 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 ae may be necessary to fully satisfy the obligation secured hereby, shall be
<br />MW obligation,
<br />paid to Beneficiary to be applied to
<br />2. By 0000114119 Paynront of any sum secured hereby after its due date, Beneficiary does no waive its right to require prompt payment
<br />when due of all other sutra so secured or to declare default for failure to so pay.
<br />3. The Trustee shall recwivoy all or any part of the property covered by this Deed of Trust la the person entitled thereto, nn written
<br />request o' the Trustor and the Benefuenary, or upon satisfaction of the obligation secured and to request for reconveyanca mate by
<br />the k"OficinfY a entitled thereto.
<br />W 064 JAW)
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