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WiTNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and confirm with Power of Sale <br />unto the Trustee the following described Real Estate including all buildings, improvements, and fixtures of every kind now or <br />hereafter erected or placed on the real estate, situated in __. —- ----- County, in the State of Nebraska: <br />Property known as: Uff ; KM 74 IR 01MIM TOM YM CM OF ORM ZXLGDMMWM <br />Filed for Record__ - at <br />in Book <br />and possession of said premises now delivered unto said Trustee; <br />of <br />Page <br />_.M. <br />TO HAVE AND TO HOLD the same, with all rights, privileges, and appurtenances thereto belonging unto the Trustee, <br />his executors, administrators, heirs, and assigns forever. And the Trustor hereby expressly waives, releases, and relinquishes <br />unto the Trustee all right, title, claim, interest, benefit, and estate whatever, in and to the above - described premises and each <br />and every part thereof, which is given by or results from all laws of the State of Nebraska pertaining to the exemption of <br />homestead. And the Trustor covenants with the Trustee that he will forever warrant and defend the title to the same against the <br />lawful claims of all persons whomsoever. <br />IN TRUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a <br />Promissory ,Note evidencing a loan for the principal amount of $- 7646_97 —. and interest thereon <br />according to the terms of said Promissory Note; said Promissory Note being payable in monthly installments at such place as <br />the Beneficiary may designate in writing from time to time. Notwithstanding any provision contained herein or in said <br />Promissory Note to the contrary, it not sooner paid, all sums due and owing under the terns of said Promissory Note shall be <br />paid on or before J7..L ±__------ - - - - -- -- <br />it is agreed by and between the parties hereto that until filing. of Notice of Default, the Trustor shall: (1) pay all present <br />and future taxes and assessments, general and special, against said propert, before the same becomes delinquent or actionable; <br />(2) keep all improvements erected on the land insured as may be required from time to time by beneficiary against loss by fire <br />and other hazards, casualties and contingencies, in such amounts and for such periods as are reasonable and may be required <br />by beneficiary, and to keep all policies of such insurance in force or effect upon the property herein described constantly <br />assigned and delivered to beneficiary, (3) pay and comply with all of the terns and conditions of any lien, claim or <br />indebtedness that may he senior to or take precedence to this Trust Deed as soon as any such payment on such lien, claim or <br />indebtedness shall become due; and upon failure of Trustor to keep any said agreements, beneficiary may pay such tax, pay for <br />such insurance or pay off such liens or claims or indebtedness as the case may be, and the money so expended together, thereon <br />as provided by the terms of the aforementioned Promissory Note, shall he secured by this Trust Deed, and the Trustor agrees <br />to repay the same upon demand, and upon failure to do so the balance of the attached note shall become immediately due and <br />payable at the option of the beneficiary; (4) specifically confer upon the Trustee the power of sale as provided in Nebraska law; <br />(S) retain possession of the premises and collect the rents and revenues therefrom. <br />Upon payment of all the suns secured by this Trust Deed, the Beneficiary shall request the Trustee to recgnvey the <br />property and shall surrender this Trust Deed and all notes evidencing indebtedness secured by this Trust Deed to the <br />Trustor. Trustee shall reconvey the property without warranty to the person or persons legally entitled thereto: but if <br />default be trade in the payment of said note or any part, thereof or any of the interest thereon when due or in the faithful <br />performance of any or either of said agreements as aforesaid, then the whole of said note shall become due and he paid a, <br />hereinafter provided, and this deed shall remain in force; the Trustee or his attorney may proceed to sell the property in <br />As entirety or in parcels at the option of the 'lrurte e hereinbe�fore described at public auction, to the highest bidder, for <br />casth. However, the power of sale herein conferred upon the Trustee shall not he exercised until t 1 h the Trust.ex shall first <br />file for record, in the office of the register of deeds of each county wherein the trust propwrty or some part or parcel <br />therein is situated. a notice of default, identifying the Trustee by stating; the names of the 'Trustor and names therein and <br />trtg the book and page where the same is recorded, a description of the trust. properly, and containing a statement <br />ire abra, of art obligation for which the trust property was conveyed as security has <br />occurred, and settinH for h (lit' <br />nailm.ra 4:4 tatiCh breach and of his electron to sell of cause to tw sold such property to satisfy the obligation: and 122 titter <br />the lapse'df'tuyt less than one month, the rrustee shall give notice of sale as provided by Nebraska lase •1ft.ei nor we of <br />default and lapse of not less than one month, the Trusure shall give Written notice of the tune Mill Irl,trr of stile <br />particularly describing thcr property to lw sold by publication of such notice, nt la ,•,t ti— ume•s. ono- .r '"44, It"' tiyr <br />(:oose•uGive weeks, the la-ii publication to lent at Ivasl 10 day, but not more thali ;I0 dta} s lrru�r rr =nle, m •,turn <br />Nt w p itjiper having; a kenerul circulation to each count) in which the propx•rty u, hi. r,ld ur =nir,r, i,,:r r i horr e,i :ti •n 11;lw l <br />t`-pxm Mich Ala=„ the• Trustee- shall execute and rleltiter a deed of conGe.yolict e,t th,� plopx•r•� �„ I 1 !lira hti"er ce, <br />lrurs�hv� r:. llwrr of .rot! anti �;tate'nrertt rn recital Of fart in =.urh (114'(1 set relat wr srie • e iii pluses r n! •.file .i ll <br />mate cei ths= p tfip , -rt e lice 1,11wd theretli. ;IwIudutg r'ec'ilai. concernut), nnc Ixtlrl:, n <br />not N ,- r,I tlwtw li. fol% ruee,lrng rood the p ublitnt wit used p-41114, nl not ire ,ri � •, ­d t h. <br />Aw;l rr rr,: rate tit M)0 ! n. -w lr rnnrlelr,uu', nnrf <br />i <br />