|
''Ems R. HETRICK NANCY L.
<br />A31414WE GPM ISLAND NE 68803
<br />BENEFICIARY
<br />AVCO FINANCIAL SERVICES
<br />INTERNATIONAL, INC.
<br />(Address)
<br />416 WEST THIRD
<br />GRAND ISLAM NEBRASKA
<br />ERNIE R. HETRICK & NANCY L. HETRICK
<br />THIS DEE (RUSRANn WTrP)
<br />-D OF, TRUST, Made this In day -f—JMM---, 19 Afi , between
<br />hem6after called TRUSTOR. whose address is (MANn ISTAND ME ARRA'A rMAY M- RWILPR
<br />and
<br />hereinafter called TRUSTEE, whose address is 103111 REGENa ?X ng MARA- WERRAIMA AR11A
<br />.FINANCIAL SERVICES INTERNATIONAL. INC.. a Nebraska corporation, hereinafter called BENEFICIARY, whose address is
<br />SST THIRD, GiiAtID TqT.A NE _ 68801
<br />WITNESSETH: That Trustor GRANTS, CONVEYS. SELLS AND WARRANTS TO TRUSTEE, IN TRUST. IAITH POWER OF SAIX, the following described
<br />p -Perry, situated in HAT.T.
<br />County. Nebraska:
<br />Lot l-lone (1),,.Block One (1), Dale Roush Subdivision, being a part of the East Half
<br />' of,the Soutbwest quarter (EhS*) of Section Fourteen (14), Township Eleven (11)
<br />North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska
<br />also known as 104 ARAPAHOE, GRAND ISLAND, NE 68803
<br />(Number and Street)
<br />together with all buildings and improvements now or hereafter erected thereon and all screens, awnings, shades, storm sash and blinds, and heating, lighting,.
<br />phimbing, gas, electric ta, iiiieritting.and air-vaditi�nhista"uipment used in connection therewith, all of which, for the purpose of this Deed of
<br />211V
<br />ve a
<br />Trust, shall be deemed fixtur 'toaft f fpjd 1he heredifaments and appurtenances pertaining to &). property above described, and all
<br />1. - Jan �hemqif..
<br />- :tl �a
<br />streets, lanes, alleys, passages, ys, ateri: Oslo'. lil*rties and privileges, whatsoever thereunto belonging or in anywise appertaining and the
<br />reversions and remainders, a] - whi the "premises-
<br />W V A-WOOP
<br />TO HAVE AND TO HOLD IMF —Q d"e oWlIsftill 'Mappurterances and fixtures, unto the said Beneficiary. ITS successors and assigns, forever, for
<br />the purposes and uses herein set forth, free from all rights and benefits under and by virtue of any Homestead Exemption Laws of The Stile of Nebraska
<br />which may be enacted, which said Tights and benefits the said Trustor does hereby expressly release and waives.
<br />r01311110; .1D
<br />Trustor Also -W to Berieficiary all rents, issues and profits of said premises, granting the right to collect and use the same, with or without taidnig . f
<br />the premises, during continuance of default hereunder, and during continuance of such default authorizing Beneficiary to enter upon said premises and .. to .0 t
<br />and enforce the same without regard to adequacy of any securft.-. for the indebtedness hereby secured by any lawful means including Appointment of weiverin
<br />the name of aril r party hereto, and to apply the same less costs and expenses of operation and collection, including reasonable attorney's fees, upon any indebted -
<br />tress secured hereby, in such order as Beneficiary may determine.
<br />FOR THE 'PURPOSE OF SECURING: (t) Performance of each agreement of Trustor contained herein; (2) Payment of the principal sum with
<br />interest, as provided in accordance with the terms and provisions of a Promissory Note J Loan Agreement (hereinafter referred to as "promissory
<br />ill dated June 7. 1986 , herewith executed by Truster and payable to the
<br />order of Beneficiary, in the prindpal sum of s 7*600.34 te of its final payment due on
<br /> and having the date June 7. 1986
<br />or as extended, deferred or rescheduled byieWoirfinamce, (3) Payment of any additional advances, with interest
<br />themon as may hereafter be loaned by Benef'—sury to Trustor in a maximum sum of within 15 years from the date of this Deed of Trust;
<br />however, this paragraph does not constitute a commitment by Beneficiary to make future advances;
<br />(4) The payment of any money that may be advanced by the
<br />beneficiary to Trustor for any mason or to third parties, with interest thereon, where the Amounts are advanced to protect the security in accordance with the
<br />covenants of this Deed of Trust; (5) Any renewal, refinancing or extension of said promissory note, or any other agreement to pay which may be substituted
<br />therefor.
<br />Ali payments made by Trustor on the obligation secured by this Deed of Trust shall be applied in the following order:
<br />FIRST: To the payment of taxes and assessments that maybe levied and assessed Against said premises, insurance Premiums, repairs, and all other charges
<br />and ex ses a reed to be paid by the Trustor.
<br />SEgri
<br />No.
<br />.10 he payment of interest due on said loan.
<br />THIRD: To the payment of principal-
<br />TO PROTECT THE SECURITY HEREOF, TRUSTOR(S) COVENANTS AND AGREES: (1) to keep said premises insured against loss by fire and other
<br />hazards, casualty and contingencies up to the full value of all improvements for the protection of Beneficiary ;'I such manner, in such 3mounts, and in such
<br />=om nies as Beneficiary may from time to time approve, and that loss proceeds (less expense of collection) shall, at Beneficiary's option, be applied on said
<br />= whitther due or not or to the restoration of said improvements. In event of loss Trustor will give immediate notice by mail to the Beneficiary.
<br />who, may make proof of loss if not nude promptly by Trustor, and each insurance company concerned is hereby authorized and directed to make payment for
<br />such loss directly. to the Beneficiary instead of to the Trustor. (2) To pay all taxes and sp"I assessments of any kind that have been or may be levied it
<br />aswiwd. sipon siilitl premises, and to delivery to Beneficiary. upon request of the Beneficiary,' the official receipt showing payment of all such taxes and
<br />assessments. (3) In the event of default.. by Trustor under Paragraphs I or 2 above. Beneficiary, at its option, nia) ta) place and keep such insurance above
<br />P—,Ww, for in r0mg-througkiliout the hV- of this Deed of Trust and pay the reasonable premiums and charges therefor'. (b) pay all said taxes and assessments
<br />,jivitbout,44astruisting the validity thereof. and (c) Pay such liens and all such disbursements shall be deemed a part of the indebtedness secured by this Deed of
<br />Trust. and shill be immediately due And payable by Trustor to Beneficiary. (4) To keep the buildings and other improvements now existing or hereafter
<br />elected in good condition and repair, not to commit or suffer any waste or any use of said premises contrary to restrictions of record or contrary to law, and
<br />to to enter at all reasonable times for the purpose of inspecting the premises; not to remove or demolish any building thereon; to restore
<br />'Promptly &0 lit a SOW and workmanlike, mariner any buildings which may be damaged or destroyed themon, and to pay, when due, all claims for Jabot performed
<br />And, iniatiminis, furnished therefor; (S) That, if a signer of the Promissory Note, he will pay, promptly the indebtedness secured hetelay, and perform all other obliga-
<br />0*41ift full compliance with the terms of said Promissory Note and this Deed of Trusl. (6) That the time of payment of the indebtedness hereby secured, or of any
<br />and any portions of the premises herein described may, without notice, be released from the lien hereof, uithcwt
<br />Weasifft or affecting the personal liability of Any person or the priority .)f this Deed of Trust. (7) That tic does hereby totcsrr warrant and will forever defend the
<br />P""A'a tbel Buy be ex"rad"d or renewed.
<br />title AM Possession thereof against the lawful claims of any and all persons wlialsorver.
<br />'IT IS kitIVALLY AGREED THAT.
<br />OX Should Truluor fag to make any payment of do any act As herein provided. oz if any action or procmduuc m coninterwed uluch niateTialh of r,�Is
<br />interest in the Prcmwi4 then beneficiary or Trustee. but without oblisa4iton lo do so, ind with at noilce 1o1 or demand upon I'TU't ar"I
<br />pitt,otit micaahn same, and may pa�. purchise, c,inte%! �r compromm- any mcmnbrAn
<br />4 1 ralot from any oblistation hercuti4cf. mal make or do the v , charge
<br />jt,.d vxo
<br />Iv_
<br />or Wn. whicis in the judisirtent of either apjwaw+ to affect aid pv)periy;and in "cicising Any u inctir an) lrahil;w 'Its xthiIv%vr o1r ousts IZI
<br />the ainwhatie rhicteri�'m of Beneficiary or Truxweither MAY •cem ne..es-ury therefor, Alt suit., — inc.iwd ,, NIv.pjr%I to
<br />wilho•it demand immediately due and payAltIt by Twumot. xhl cat nit.,tesl at the lujille'l ease pvtIzol"d I't Lea -and shall t< —In"d ht,'VI"
<br />Q Sh6uld the Premises of any part •hr"Col lye Takeo by sun ol any "ontivrilratim, pr"cvdirlg. lllwfi, L,!N !I'll he w,fleki all
<br />And oftr payment% thertfol, and to apply the maw ois list indchtdrict, bcirb,
<br />(311 By tui:eptimls payment i any *cim hvr0n tc,orcti After its duc date. ,,t :titer r1u, Wing o; ne tttt 11 do,l;.",' a:10 o: 4', ,i!
<br />VCisv its noel to rrqaifv woupt P.vmcrtt Nt,en du" ".1, alf tither 'Unl' se,lo"J, or I" &J"� dlts!Ilt ".11
<br />'"IY 'wh nogwe *4 default A" 3n4 loq,44d hadaPace of taij J,
<br />V.,aottt :t ".F c4trrt,.t 1h,
<br />r. 14 04 iNKs, 1 9.) Ntt ow. w.., U.L.— "..
<br />ip
<br />I
<br />__j
<br />
|