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TRUST C DEED
<br />86-.102823
<br />THIS DEED OF TRUST, made and entered into this __..29th- _.__.dacot _ "fay. _ -_-- -.19$6 __.
<br />by and between-,- %er W. Poppert Trustor, and first American Title Insurance
<br />Trustee,
<br />_ _- _ --
<br />._Security Pacific Finance Cor Company
<br />and ,.. y_._..._ pora[ion
<br />--_ "_ _ -- _-_ -_..- Beneficiary.
<br />WITNVES.SETH: That the Trustor do by these presents tram, bargain and sell, convey and confirm with Power of Sale
<br />unto the Trustee the following desc=ribed Real Estate including ail buildings, improvement,, and fixtures of every kind now or
<br />hereafter erected or placed on the real[ otaic, situated in -._ -_ Hall County, in the State of Nebraska
<br />Property known as: lot 197 and lot 198, in Belmont an addition to the city of
<br />Grand Island, Hall County, Nebras!ca.
<br />Filed for Record _ ai
<br />in Book _-- --- - - -__- of _
<br />and possession of said premises now deh%ered unto .aid T nivec.
<br />TO HAVE AND TO }TOLD the same A th all right,, pntilegcs, and aPpurcntnces thereto belonging unto the Trustee,
<br />his executors, administrators, :tell., and a tore,er. And the Trustor itcreh: cyPreuly wanes. releases. and relinquishes
<br />unto the Trustee all right, title, claim, interest, henefit. and estate wha?r%er, in and ,o the above - described premises and each
<br />and every part thereof. which is giver, by or results from all law, of the State of Nebraska pertaining to the exemption of
<br />homestead. And the Trwaor cotenants with the Trustee that he will forever warrant and defend the title to the same against the
<br />lawful claims of all persons whom,toe,er
<br />IN TRUST HO% %EVFR, for the following described purposes.' A Hi RE : %S, tare Trustor did on this date execute a
<br />Promissory Note evidencing a loan for she princ., al amount of $5154.90 _._ and interest thereon
<br />according to the terms of said Prornusor-• Note: said Promis,t ry Note being payable in rntu ihiy installments at such place as
<br />the Benefidary may designate in writing from time to time. Notw,th,iauding an} Prtr,t:itvt , ttnaincd herein or in said
<br />Promissory .'Vote to the contrary, it nor sooner paid, all sums due and owing under the ternis of said Promissory Note shall be
<br />paid on or before -_ _ __June_ 3.- 1990
<br />It is agreed by and between Ili-, partite, faerctit that uruti tiling of % :t• of Default, the Iru,tor shall: (I) pay all present
<br />and future taxes and assessment,, cenefal and speita!, again,, ,aid pro pe� rt i +, re the sarric hecomes delinquent or actionable;
<br />(2) keep all ,mpro,emcnt, erected on the land inured a, may he requ;rt•d from on3e to [tine by benJiciary against loss by fire
<br />and other hazards. casualties and .onttrfgen,:es, in su h amounts and for such periods a, are .reasonable and may he required
<br />by beneficiary, and to keep ail pohczes t ?! such msurart;r sit tr,rtr er Srevt upon the property herein described constantly
<br />assigned and delivrrrd tc henrticiary, (?) pas and ct,inpl} with all of the terms and is »editions of an% hen, claim or
<br />indebtedness that matt be senior t,, or take precedence to this i rust Deed as soon as ant ,uch payment on such lien, claim or
<br />indebtedness shall hviomc due, and upon failure of Trustor tv keep am said agreements, beneficiary may pay such tax, pay for
<br />such insurance or PAY off such liens or claims or indebtedness a, the tiasc may be, and the money so expended together, thereon
<br />as provided by the terms of the aforeinertnoned Promissory Nole, shall he secared h} this Trust Deed, and the Trustor aerees
<br />it, repay the same "Poll demand, and apon failure tit do so the balance of the attar hed note .hall become immediateiy due and
<br />payable at the option of the hentai. :an: {dt pc t,:aliy confer upon the Tr usiee the powe- of ;all a, prat idea in Nebraska law;
<br />(5) retain possession of the r:enit,es and :oiled the rents and revenues therefrom:
<br />Upon payment of all the sums secured by this Trust Deets, the Beneficiary shall request th(- Trustee to re convey the
<br />property and shall surrender this Trust Deed and all motes evidencing indebtedness secured be this T'rust Deed to the
<br />' Trustor. Trustm shall reconvey the property without warranty to the. person or persons legally enutled thereto: but if
<br />default be trade: in th payment of said ante 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 as
<br />hereinafter provided, and this deed shall remain in force; the Trustee or his attorney nary prtweed to sell the proloerty in
<br />its entirety or in parcels at the opt.itxt of the 'Trustee hereintwfore descrilbetl at public auction, to the highest bidder, for
<br />cash. However, the power of sale herein conferred upon the Trustee shalt not toe exercised until; I, the Trustee shall first
<br />file for record, in the office of Lire register of deeds of each county, wherein the ,:-jst pro }xrtt or Home par, or parcel
<br />therein is situated. a notice of default, identifying the Trustee by stating the nann•s of the "f'rt,suor anti narnt : t herein and
<br />giving the book and page where the saute is recorded. a description of File trust }fro }x sty. and Containing, it stifternent
<br />that a breach of an obligation for whir"h the trust property was conveyed as s'1-uritt has ( curreti and getting forth Else
<br />nature of such breach and of his el<^< tiori to sell <'u cause to iw sold Such proper t . sat t fv the u1n f units v zt '1 aflt'r
<br />the I" of nett less than one mo nth. the Trustcvr shall give= notice of ..ill_^ a, piovi ed ht Nehrask, -. I,tw ,ytie r ., :)tit of
<br />d fa[tbt and [aTr zf lint lots than (knot, month, the Trust" shall give w itt< t ntzire of tht� t and it tia1fl
<br />lxarturularly describing the prt,Trcrty to he scald by pithlkation of such not ;t'e, at larFt tot mice. tints x air l3,t"
<br />ct *ex'utire wwpkw: t -lie last pulyheatiano t :) }a, at least 10 day,. txrt not moil snit :+il 414tis Prior ti: zh Z lc. '.ri w:r :W
<br />nRw <pejtcr 11A4rng at Est,- .rtla•,d? CiPdi.yl6et'Qn 2P_ b,aeh t•i):trya : i27 w}nt'I3 r.he prx }wr'i ,' ;,, „ :it'I, .mt • i1ar. . h, t ,.,
<br />}'rxxi s+,tt.h h. Trttstet° ei'wlz recuu a; -,(J 3::i, -r a dt-d of ante t tt c - f.t slit t >r•, .. �t,• I c _
<br />[Mr, tws rs Thl- tf sr'4 a ry '4'We,n1i rit or f ta. -t m aut n ,lewd t r 3LI—z ..,. <,.. , .. ,, �.•
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