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87105509
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Last modified
10/19/2011 12:49:54 PM
Creation date
3/27/2008 2:51:13 PM
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DEEDS
Inst Number
87105509
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F <br />7 ,055',)' <br />NEBRASKA DICE) OF TRUST <br />(With Power of Sale) <br />Amount of Firms I t $ a ! ..... Amount of Mor Instalments 555.00 <br />Tool of Payments & OQ First fai talmsnt Due Data% <br />Numilatir of Monthly lnmimmts .— 7- 22 - -- -- Final lnstaltn4ttt Dna Data <br />THIS DEED OF TRUST, me& this 15 day f _..._ September T_- l"1 —'B? <br />s_W N�lspn and Rpse? Bean <br />whose mailing is <br />as TrumWli, <br />wham mailing is <br />as Trustee, and Norim st Financial Nebraska. Inc, whose mailing address is 2337- North b .Rd Pp AnX t373._ <br />as Beneficiary, <br />WITNFSKM. Trustars hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de- <br />ociriblid property in - - ----- _____ —_-- . - - -- - -. _.__---- __ -____ County, Nebraska; <br />Lot Six (6) and the Northerly Forty Seven (47) feet of Lot Seven (7), <br />in Block Ten (10), In West Park Addition to the City of Grand island, <br />Nebraska <br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywiso appertaining and the rents, issues and <br />profits thereof <br />This convoyansis is intended for the purr of securing the payment to Beneficiary of Trusters promissory note of even date in the <br />amount stated above as "Total of payments Said "'rotai 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 he made in advance in any amount at any tithe. Default in making any payment shall, at the Beneficiary'o option <br />and without notice or demand, render the entire unpaid balance of said loan at once due and payable, loss any required rebate of charges. <br />To protect the security of this De" of Trust, Truator 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 />domtnoyed; ant to comply with all laws, ordinances, regulations. covenant». conditions and restrictions affecting the property. <br />2. To pay before delinquent all lawful taxes and assesmawnts upon the property, to keep the property free and clear of all other charges, <br />here or imentabrances impairing the security of this Ind of Trust. <br />"1. To keep all buildings now or hereafter erected on the property described Herein continuously insured against low by fire or other <br />hasards in an amount not less than the total debt secured by this Drod of Trust. All policies shall tx 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 Truster. The ar[soutat collected under ang• insurance policy may be applied upon any indebtedness hereby secured in such order as <br />the Beneficiary Mall determine. Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this <br />Dow of Trust at 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 Trusto • in insurance policies then in fares shall pass to the purchaser at the foreclosure sale <br />d. To obtem the written consent of Beneficiary before selling, conveying or otherwise transferring the property or any part thereof and <br />any each sale, ca"v""we or transfer without the henefaciary's written consent shall constuute a default under the terms hereof, <br />b To any action or proceeding purporting to afresct the security hereof or the rights or powers of Beneficiary or Trustee. <br />6 Awmild Trasuir fail to pay when due anv tames, assessment.,, insurance premiums, lens, encumbrances or other charges against the <br />property hvissmabove described. Rineficiary may pay the mere, and the amount so paid, with interest at the rate set forth in the note <br />urred hereby. +hsll he added to and become a part iaf the debt secured in this [lead of Trust as permitted by law . <br />VT tS MUM'AIAN AGRKFn TIiAT <br />§ in the event any portion of the property is taken or damaged in an eminent domain procecdmg. the entire amount of the award <br />or swh parnan thereof as may be necessary to fully sretisfy the obligation secured hereby, shall he paid to Beneficiary to he applied to <br />said aw ton. <br />1 By accepting payment (A any sum secured hereby after its due date, Beneficiary does not waive its right to require prompt payment <br />wtwn due of all other mums eta as ured or to declare default. 10r failure to sn pay <br />.1 Thw Trailsoe shall recenvey all or any part of the property covered by this I)eed of Trust to the person entitled thereto, on written <br />request of the and the Hatefecearv. or upon satisfaction of the obligation secured and wruten request for reconveyancv made hti <br />the Rgerfistary or the entitled thereto <br />in, Cam o* <br />L_j <br />
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