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BENEFICIARY
<br />A VC 0, FINANCIAL SERVICES
<br />REDO TRUST INTERNATIONAL, INC.
<br />iAfi TURis> 737Q48;
<br />Gnrwya L1W3/vEINR ROBERTL LaMtffxwH • �� M wMt, JE&I=NE R UL 1 — 4 16 IMSx NHIRD r(,as
<br />`
<br />61 ,ifA'1 rn JIOYwN tTATt 21w COY ,
<br />1831 AST T GRAND ISLAND NE 6$803 GRAaIiD ISLAND Nt?�RA5KA..'
<br />LESTER ROMT LF3@TZ AND
<br />FERN JEAN ME LE M (HUSBAND ° & WIn)
<br />THIS DEW OFTRUST.Madethis 76 day of- -.JiUM 14_$x_.— between^
<br />harebuafler called TRLSTOR, whose address i:_ 1831 _Tw�EST f ill. GTr.1i'r1B ISLA1VDy l3E 68801 and MAMY M, ROGERS
<br />hereinaftez Saltefl FItUSTFE, whosy address is_ 103 0._REMM� P[C PA,, O H,la��R�A 68114
<br />and AVCO FINANCIAL SERVICES INC, a Nebmske corporation, hereinafter called BE34LFIC1ARY, whose address: is
<br />416 MIT IRMA._ -R A5
<br />1l7NESSEIM: That Truster GRANTS, CONVEYS. SELLS AND WARRANTS TO TRUSTfT, M TRUST, WITH POW`FR Ol• SALE, the following described
<br />property, situated m__. Nebraska'
<br />LOT EIGHT (8), SLOt:Y T11I'RTM- (13), iu()GG'S AJ'TD HILL'S ADDITION TO TIM CITY OF GRAND ISLAND,
<br />RAU COUNTY NEBRAWA
<br />ako )mown a 1831 Lmn TExn3 — GRA_ii] T Lit � `iT 68$41 _
<br />(Number and Street)
<br />together with ad budding% q(od improvements now or hereafter erected thereon and all careens, awnings, shades, storm sash and blinds, and heattnf, lighting,
<br />plumbisig, W, electric, ventktttirtg, iefrfgett�ft afad air—conditioning equipment used in connection therewith, all of which, for the purpose of this Deed o€
<br />Trost, shall be deemed fixAnti:4.tnd" subject to the lien hereof, and the hereditaments and appurtenances pertaining to the property above described, and ag
<br />streets, lanes, alley►, passagiss, w•liys, watc rs,'Water courses, rights, liberties and priwdeges, whatsoever thereunto Belo igniF or in anywise appertaining and the
<br />reversion and remainders, ail of *Mch is'mferrci to hereinafter as the "premises'
<br />TO HAVE AND TO HOLD the above-described premises, with the appurtenances and fixtures, unto the said Bcnrfu•tary, its successors and assigns, forever, for
<br />the purposes and uses herein set forth, free from all rights and benefits under and by vhriur cif any Homestead Exenrntn:n Laws of the State of Nebraska
<br />which may be enacted. which said rights anal benefits the said Truster does hcleby expressly release and waives
<br />Trustor sip aasfaas to Beneficiary aB rents, issuca and ptcAts of said premises, granting the right to collect and use the same, with or without taking possession of
<br />the p[easifas, daft continuance of default hereunder, and during continuance o€ such default authorizing Beneficiary to enter upon said premises and or to collect
<br />and enftxee the nine without regaid to adequacy of any security for the indebtedness hereby secured by any lawful means including appointment of a meiver in
<br />the name bf arty parry hereto, and to apply the same Sets costs and expenses of operation and collection, including reasonable attorney's fees, upon any indebted -
<br />ism secured hateby, in such order as Beneficiary may determine
<br />FOR THE PURPOSE OF SECURING:. (1) Pertwmance of each attreemenl of rrusior contained herein, (2) Payment of the principal sum with
<br />interest, as provided in accordance with the terms and pm.nsions of a Prnmtssory Note ' Loan Agreement (hereinafter referred to as "prom canny
<br />note') dated JUNE 26+ 1986 ___ _ �_ herewith executed by Trustor and payable to the
<br />order of Beneficiary, in the principal sum of s .17,000.57. and having the date of its final payment due ca 6126196 ......... _
<br />or as extended deferred or reschedided b finance; (3) Payment of any additional advances, with interest
<br />thereon as may hereafter be loaned by Benefrctary to Trustor in a maximum sum of s 1, L)')(, within 15 years from the date of this Deed of Trust;
<br />htosywst. &4 paraQaph does not constitute a commitment by Beneficiary to make future advances; (i) The payment of any money that may be advanced by the
<br />$O,eflChtty to T... for any reason or to third partles, with interest thereon, where the amounts are advanced to protect the security in accordance with the
<br />eovesats of this Dosed of Trout; (S) Any renews), terittancitg or extension of said promissory note, or any other agreement to pay which may be substituted
<br />therefor.
<br />Ail pa ymesits made by Truster on the obligation secured by this Deed of Trust stall be applied in the following order.
<br />FIRST: To the payment of taxes and assessrwrits that may be !erred and assessed against said premises, insurance premiums, repairs, and all ether charges
<br />a" earpp�ettt�sess atitwd to be paid by the Tmstor.
<br />S MM: o the payment of interest due on said loan
<br />THIRD: To the payment of principal
<br />To PROTECT THE SECURITY HEitl_Of, TRUSTOR(S) COVE, ANTS AND AGREES- fdl to keep said premises insured attaint loss by fire and other
<br />harards, eaauaity and eoutirtgeocies up to the full value of all improvements for the protection of Benef!cury in such manner, to such amounts, and in such
<br />cionjoasslas as Neriarliciary may from time to time approve, and that Lou proceeds ilem expense of collection) shall. at Ben ticury's option, be applied on said
<br />in&hMalsam wbettisr dire or not or to the restoration of said improvements In event of loss Trusror will give immediate notice by mail to the Benelictary.
<br />who inay make proof of toss if not made promptly by Truster, and each insurance company concerned is hereby authorized and directed to make payment for
<br />mck lac directly to the Beneficiary instead of to the Irustor 12) To pay all taxes and special ss essmznts .d any kind that have been •u may he levied or
<br />attlaned apes said premises, and to delivery to Beneficiary, upon request of the flenertctary, the •itf ttal receipt showing payment of all such taxes and
<br />trtsesaaraala. (3) In the event of default by Truster under Paragraphs I w 2 above, Beneficiary, at its option. may ta) place and keep such insurance above
<br />pool for As !Oros throughout the life of this Deed of Trust and pay the reasonable premiums and charges therefor: (bl pay all said taxes and assessments
<br />wNhsmt daterna*d y tow va&dttty thereof; and ic) Pay such liens and all such disbu smaents shall be deemed a part of the tndebtednev, secured by this Deed of
<br />Trust wad shall be itrrnedixidy due and payable by Truster to Beneficiary. (•t) To keep the buddings and other tmpnrvemenh now cxtstin!t or hereafter
<br />CMU# to Sppd GngdibM and repair, fiat to commit OF suffer any waste or any use of cod premises contrary to restrictions of record or contrary to taw, and
<br />to peaahit tiwaslkiary to eater at all reasonable times for the purpose of inspecting The premises, not to remove at demolish any building thereon, to restore
<br />pr alpli ty wad a a good and workmaftlike maftoer any buildings which may be damaged or destroyed thereon, and to pay due, all claims lot labor performed
<br />Mid asaintials flarawls" therefor; t5) That, if s dgaer of the Promissory Note, he will pay, promptly the indebtedness secured hereby, and perform all other obliSs
<br />f o t Is full Gorapiissor with the terns of said Promissory Note and this Deed of Trust. (6) That the time of payment of the indehtednetts hereby secured, of of any
<br />potNuta thafataf. efay be tefeteaNd a renewed, and any portions of the premises herein described inay, without notice, be releamd foam the lien hereof, without
<br />ra�tt�r� tw al%a1x this porsbrei IUbllity of any person or the pilority of this Deed of Trust (7) That he does hereby forever warrant and will forever defend the
<br />Ltea ""wool 11w ool atRaintt Me lawful ruling of any and a8 Pentium whatsoever
<br />IT 1ttfSli AUY AGUED TRAT:
<br />(1) ShrA d Irriostor fa$ to eeake any payment ar do any act as herein provided, nr if anv action of pi—eedenF n uttnwrsrcd which maaatally afln s
<br />11mandas04 iquteat IN Ow Pyeanlsona, 111me Benefscsary of Truster, but without obligation to do sue, and without mmtr r:, „J denhand stem lm%tot, and
<br />fttthhtrit Trtnitor fiction any obligation hereunder, may make or do the tame. and may pay, purr hate, � milmt w . roprnm1w any rtxurntimntr, .h4fre
<br />rd niece, welch In Hie luilp"at of eithsr appeats to Affect said property. and in cxnuung any wrh p•.wect, m err an} tioNiny ,ond r,prnd uhatrvei so,.n,ntr to
<br />that abduct dlscretirrn of (beswAtsary or nussee either may deem necessary therc•Inr All sums so tnourmA •,1 —ended h, ltrnrfhur. .,, lessor ,halt '
<br />without d"Naw witoedhwfy dos and payable by Truzlot, 00 bear tnteretl at the highest aele petnittiete Ay law and ,hafl tY ."w") hest.,
<br />nit Slwvaid Me P.S aanfaa w any Vitt[ t- harer.f rx IA"h by trssan any ondemnatu.n p, . n.r ttnx. hrnet"u:, .naafi M rri t. a *•e, t,•v nunr d,
<br />and s test pct amsts tketeloa sold m apply the ratter ern the in(iAtedntxc r,vtfv4 hereby
<br />ts) let atxspsaaf paymise+ r,f gay wn, %ioretty muted after its &iv :fa'c. sat rrtm :he N,na ,.. o„tat 1;! 1- h. »,n oo, -had :..
<br />,sat" inn nalkit too raydhM txcvla,(,H parr lsf ♦heel ow of an .,Ow win, cur W ,l l •., .tr. tare Jeta.,t• f.�, I :r •t" wl, v-1-
<br />rn to iwz.it 0.100.+ .,y darsurl and of Aw-tenn tt. wit f.r any unpaid balanv .4 said .nci.-P >,c,trn -,., i W,,, •r .r , ,: 1 ..a,t.�...
<br />eassofnet hea't'Vy It -xv -nfrR r vita sntr '!s•...t r•i a1 tit , *qt:r :n ratter irrf• rr :.J1,tr. >, p,.ran.- ..u.is v + ^h ., ,.a. -
<br />as costa ,craw , •a. La aisw Rx vac. ,1111r• ..►w 4 . 1 4 ..
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