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Amount of First Instalment s-30-00—. Total of Payments s.1188180. 00 - Nuimberof.Monthly Instalments 60 �. 86 -- f` 101202 NEBRASKA DEED OF TRUST (With Power of Sale) Amount of Other Instalments $ 101 nn _ First Instalment Due Date Apra I 17 -. —, I9jafi Final Instalment Due Date March 17 ig -91. THIS DEED OF TRUST, made this _1i— day of _ _-- ______ Marc_ between -- — whose malting address is iaildin9 Iron Court fji' d__lsland. NF _6AAfi-1 as Trustors. First American Tile Lnumce Company- whom mailing address is 1905- Harney St. Suite 620__ — mba,Nf__b$102 as Trustee. and Norwest Financial Nebraska, Inc., whose mailing address is —_Box 1373 Grand Island. NE 68802 as Beneficiary, WiTNF5SETH. Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de- scribed property in - --- ------ -- _- ----- .----- - - - - -- Hall__---- --- -_ - -.- — County, Nebraska: Lot Twenty Seven (27) in Western Heights Fourth Subdivision, Hall County, Nebraska. Together with tenements, hereditament.s, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and profits thereof. This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the amount stated above as "Total of Payments ". Said "Total of Payments" is repayable in the number of monthly instalments stated above. 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 above. Payment maybe made in advance in an amount at any time. Default in making any payment shall, at the Beneficiary's option and without notice or demand, render the entire unpaid balance of said loan at once due and payable, less any required rebate of charges. To protect the security of this Deed of Trust. Truster covenants and agrees: 1. To keep the property in good condition and repair; to fW -rmit no waste thereof: to complete anv building, �tructury or improvement being built or about to he built thereon: to restore promptly any building, structure or unprovement. thereon which may be damaged m' cry', destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property. 1 To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear of all other charges, liens or encumbrances impairing the security of this Deed of Tr'unt. 3. To keep all buildings new it hereafter erected on the propmrty described herein continuously insured against loss by fire or other hazards it in amount not less than the total debt secured by this Deed of Trust All policies shall be held by the Beneficiary, and be ;s in such comparrtes as the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then to the Trustor The amount collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as the Beneficiary shall determine. Such application by the Beneficiary shall not, cause discontinuance of any proceedings to foreclose this Deed of Trust or cure or waive anv default or notice of default or im'aladau+ an act done pursuant to such notice. In the event of foreclosure, all right,; of the Trustor in insurance policies then in force shall pass to the purcha -•r at the foreclosure sale. 4. To obtain the written consent of Bewficsary bt?Ibre 1*llittg,'2onveying or otherwise transferring the property or any part thereof and any such sale, conveyance or transfer without: theBenorscian' ?written consent shalt constitute a deGiult under the terms hereof. 5. To defend any action or proceeding purporting to sheet -the security hereof or the rights or power. of Beneficiary or Trustee. 6. Should Trustor fail to pay when due any taxes, assessments, insurance premiums. hens, encumbrances or other charges against the property hereinabove described, Benefician• may pay the stone, and the :amount so paid. with interest at the rate set forth in the note secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law. IT 1S MU'l ALLY .ACREFD THAT L in the event any portion of the property is taker. or damaged in an eminent domain proceeding. the entire amount of the award or such portion thereof as may be necessary to fully satisfy the obligation .si -cured hereby, shall be paid to Beneficiary to he applied to said obligation. 'l By accepting payment of any sum secured hereby after its due date, Beneficiary does not waive its right to require prompt payment when due of all other sums so secured or to declare default fur failure to :w pav a. The Trustee shall reconvev all or any part of the property covered h. this i)eed of Trust to the person vnntled thereto, on written request of the Trustor and the Beneficiary, or uµ,n satistacnon of the obligation secured and written request for reconvevance made by the Beneficiary or the person entitled thereto. 991 Gea ONE) u L� �