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<br />TRUST DEED 86— 102602
<br />THIS DEED OF TRUST, made and entered into this 19th_ _day of ._- -,- May_ — _. __ _ _._ I�Sfz._..__
<br />by and between t* eyeivtitor, and First American -TifY1e_ Ins —ante AIrlrstee,
<br />Husband and wife as Joint Tenants
<br />and _ 5v s&qi,tj_Fae1f1r._T1xLa=e_-_Str *ration _ -_.__ _ _ - - - - - --- - --_ ___.._ ____ _ Beneficiary.
<br />WITNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and confirm with Power of Sale
<br />unto the Truster 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 __ __._____.__ Fal I __- ___ _ _ _ Counts, in the State of Nebraska:
<br />The Northerly 51.03 feet of the westerly 148.05 feet of lot 5
<br />Property known as: in Vantia Subdivision to the City of Grand Island, Hall County,
<br />Nebraska
<br />Filed for Record .__ _ - at
<br />in Book
<br />and possession of said prenuses now delivered unto said Trustee:
<br />M.
<br />IM
<br />Page- - - - - --
<br />TO HAVE AND )'O HOLD the same, with all right;, privileges, and app arienancc,, thereto belonging unto the Trustee,
<br />his executors, administrate s, heirs, and assigns torcver. And the Tttistc,r hereby expresly 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 evert' part thereof, which r% gisen by or results from all law, of the Sraic• of Nebraska pertaining to the exemption of
<br />homestead. And the Trustor cotenants ttriih the Trustee that he will hni:Ncr warrant and defend the title to the same against the
<br />lawful claims of all persons whomsocter
<br />IN TRUST HOWEVER, for the lollowing described purpo,es: WHEREAS, the Trti,tor did on this date execute a
<br />Promissory Note evidencing a loan for the principal amount of $33401.34_ -__ _ _ _. _.__ _ and interest thereon
<br />according to the terms of said Prormssor} Nnie: ,aid Promissory Mite being, payable in nion0lis installments at such place as
<br />the Beneficiary may designate in wraing from time to time. Na!withianding any provision ontained herein or in said
<br />Promissory- Note to the contrary, if riot sooner paid, a!) assts due and otxing under the terms of said Promissory, tore shall be
<br />paid t >n or before ___ SL2��1989 -
<br />It is agreed by and between the parties hereto that unui fihnc of Nunes apt Detauit, the Lu for shall. (1) pay all present
<br />and future taxes and asszssment,, general and ,penal, against said p f opens before the .ame becomes delinquent or actionable;
<br />(2) keep all improvements erected on the land insured as may he reyasrCd !:tint ;,me to time by beneficiary against loss by fire
<br />and other hazards, casualties and contingencre,, it,. ,uth anxnrrit, and fur vticli pencxis is are reasonable and may be required
<br />by beneficiary, and to keep all poiictcs of Uch insurance in force or effect upon the property herein described constantly
<br />assigned and delivered to beneficiary, 43) pay and tompty with all tit the tears and onditions of any lien, claim or
<br />indebtedness that may be senior to or take precedence to this Jrtrsf Deed as ,,,on as any such payment on ,uch 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 ntdebtednc s as the case may be, and the money so expended together, thereon
<br />as provided by the terms of the aiorcmentioned Promisor% Nate. hail be secured by ihis Trust Deed, and the Trustor agrees
<br />to repay the same upon demand, and uplrri failure to do u, the balance rot (lie• anached now shall become immediately due and
<br />payable at the option of the beneficiary; (4) spccit7tally .onto _:pun the 1 ritstce the puuCr o1 late as prodded in Nebraska law.
<br />(5) retain possession of the pretntses and collect the rents and retenues therefrom.
<br />Upon payr tent of all the sums secured by this Trust Dees!, the Benefician• shall request the Trustee to recomvey the
<br />property and shall surrender this Trust Deed and all notes evidencing indebtedness secured by this'rntst Deed to the
<br />Trustor. Trustee shall reconvey the property without warranty to the person or p•- -- ,ns legally entitled thereto: but if
<br />default be made in the payment of said note or any part thereof or arty 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 anti lx paid as
<br />hereinafter provided. and this deed shall remain in force: the'rrustee or his attorney matt- proceed to sell the property in
<br />its entirety or in parcels at the option of the Trustee herembefore described at public auction, to the highest bidder. for
<br />cash. However, the porter of sale herein conferred upon the Trustee shall not be exervised until I 1 I the Trustiee .shall first
<br />file for record, in the office of the re+pster of deeds of each count ;v wherein the trust. property or some part or parcel
<br />therein is situated, a notice o1' default, identifying the,rrustee by stating the [tames of the "Trustor and names therein and
<br />giving the book and page where the saute is recorded, a description of the tnist property, and containing a statement
<br />thtst a breach of an ohligution for which the trust property was conveyed as security has occurred, and. s. tying firth the
<br />nattumof such brwch and of his election to sell or cause to he sold such property tl, satisfy t he obligation: and i'li atter
<br />tl* lam of not less than Laic month, f_he •I'ntstee shall give notice cif care as pro%idv d b% Nebraska ka lai After scat! e tit
<br />default and laps of niu. less than one mocah. the Trustier shall give written notice o, the time and pi"We <,t scats,
<br />particularly describing the property -to lie sald by publicatmn of such notice. at lest itsr tinter, wict. a vviAek for live
<br />Fora cuilve s+k*k4,4, the last publication to be at least 10 clays bttt not naon, ihart 3" day, prior t„ the ,.ah tie «>me
<br />.1 .,
<br />ttervspaptrc hay, °ertk,; a K_trnvral ; :c_ *ruiatiart ;n catch cotarty r.> which the pro,}x•rt::. lK:• "Id''.! ., ^:e :;acv ; h,•r..;!. ;, �,t ;tet' :v. x�t
<br />€�palri %A "'a4p, than 1•ruster- shall vxitwnut, and tlelivi =r a disxj of cemti -Eancv io the= fyrt5la�rty oid ; h" ,aura ?ester "r
<br />purchti_wr's thf"Trwaf acid any ..etcra,.xu- or re4eital cif la vi rn -ud; dt"i tat . 'iae wn : t toe , x m .v, . . ,d, ant
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