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- 102368
<br />t NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of First Instalment $270 QQ.__ Amount of Other Instalments
<br />Total or Payments $1R00-DQ- First Instalment Due Date JSf�e.- _�4 19 16
<br />Number of Monthly Instalments 0 Final Instalment Due Date .
<br />-- -tJa.Y-- 14 - - - -- ,1991.
<br />THIS DEED OF TRUST, made this .�- -- day of
<br />betweenNushand _�ncL.Wif- e------------- - - - - --
<br />whose mailing address is — LZ�ZEdS _ 6th _S all& I iaad IYE. --- 68801___--- -__- -- - - -__- - - -----
<br />as Trustors,
<br />whose mailing address is __19Q�_adrIley_$ ,-- - - -ill i _- -- Qllaha_,_ -IE. -- -- 2----------------_---_---
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address isZ- .NQCth__1�eI)h
<br />, as Beneficiary,
<br />WITNESSETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />scribed property in __---- .. -__.._ lldlt___._--- --_- .._-- --_ --. Countv. Nebraska:
<br />Lots Seven (7) and Eight (81, Block Ten (10), Lambert's Addition -.pie City c
<br />Grand Island, Hail County, Nebraska.
<br />Together with tenements, hereditaments, and appurtenances thereunto belonging
<br />profits thereof.
<br />or in anywise appertaining, and the rents, issues and
<br />This conveyance is intended for the purpose of securing the payment to leneficiary of Trustors' promissory note of even date in the
<br />amount stated above as "Total of Payments', Said "Total of Payments" is repayable m 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 am payment shall, at the Beneficiary s option
<br />and without notice or demand, render the entire unpaid balance of ;aid loan at once due and payable. Iess any required rehate of-charges.
<br />To protect the security of this Deed of Trust, Truster covenants and agrees
<br />1. To keep the property in good condition and reps:. to permit no waste thereof: to complete any hmidmg, structure or nnprovement
<br />being built or about to be built thereon: to restore promptly any building. Structure or improvement rhereen whac•h may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants. condttinns and restriction, aff"'ting the property.
<br />2. To pay before delinquent all lawful taxes and assessmer is upon the property. to keep the property tree and clear of all other charges,
<br />liens or encumbrances impairing the security of this Deed r.f Trust
<br />3. To keep all buildings now or hereafter erected on the property described 'herein <onturtiously insured agairot loss by fire or other
<br />hazards in an amount not less than the total dvht secured by this Deed of Trust All policies shalt he held by the Reneficiarv, and to
<br />in such companies as the neneficiary may approve and have loss payable first ui the Beneficiary as its interest may appear and then
<br />to the Trustor. The amount collected under any insurance pohcv may be applied upon any indebtedness herehv secured in such order as
<br />the Beneficiary shall determine Such application by the Beneficiary shall not cause di.•)ntutuunce of any proceedings to foreclose this
<br />Deed of Trust or cure or waive anv default or notice of default or Invalidate any act done pursuant to such notice- In the event of foreclosure,
<br />all rights of the Trustor in insurance policies there in force shall pass w the purchaser at. the Ibrecio;ure sale•.
<br />4. To obtain the written consent of Benefiriary before selling, conveying or other•.eise tran,ternng the property or any part thereof and
<br />any such sale, conveyance or transfer without the Beneficiary's written consent ,Ccdl nm<ntute a default under the terms hereof.
<br />i. To defend any action or proceeding purporting to affect the security hereof or the right: or power;, of Benefiriary or Trustee.
<br />6. Should Trustor fail to pay when due any taxes, a- es,ment.s. insuranct• premium.=, !lens. eticurihrinces or other charges aaain t. the
<br />property heremabove described, Beneficial} rnav pat the •atne iutt the -rnou.v o ,:ud. oath �ntcre�t it :he rue set fcrrh in the note
<br />secured hereby, shall he added to and become a va, t r it the debt .- _urea in Eno- ik t•d t '1 rust as per meted ht lax
<br />IT IS %1CITUALLY AGREED THAT
<br />I In the event am' portion of the property is cake❑ of de ni.tged in lul ehnne•nt &)noun proceeding. the entire arnount of the award
<br />or such portion thereof as may be necessary to fully satlsll the obligation secured herebp..lial; he paid to Rene•ficnarr to he applied tr.
<br />said obligation.
<br />2, By accepting payment of any :tin, secured hereby alter its dm• date, lit• iii
<br />nrtl c'rar doe. nut u. , rta right Ur n•yuire prompt p;rynien[
<br />when due of all rather sums w seeureti or to declare def;wit lot I: +iltire• t., <h pay
<br />3. The Trustee .shall recomev ail or ;u» part of the p- Ix.,t, o vend i y this Deed of Tre r t, ti,i pervun entitled thereto, on written
<br />request of the Trustor and the Bt•netinar% .•r utam a; - - ..lido,, ei� the nhlu•atmn - e.ured an& wnit••o r. Iuea Ibr • .nmee,mce niaiic lit.
<br />the Beneficiary or the ixrson entitled thereto t -
<br />y ?t G84 INEI
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