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_ _ _ _ _ _ _ .i V RFV tJrtG►
<br />THIS DEED OF TRUST, made and entered into this_ _ 2nd,___ -day of —July . _ _ _______.________ . 14 86__
<br />by and between Rezabek and Carl A. Rez yr, and First American Title Insurance, q%stce,
<br />ras
<br />Joint Tenants
<br />Security Pacific Finance Corporation Iowa
<br />and _ __ _.: of - - -- -- - Benel'ictan.
<br />WITNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and confirm with Power of Sale
<br />unto the Trustee the following described Real Estate including all buildings, improvements, and fixtures of every kind now or
<br />hereafter erected or placed oil the real estate, situated in Hall County, in the State of Nebraska:
<br />Northerly 56 2/3 feet of easterly 6 feet of lot 7 and northerly
<br />Property known as: 56 213 feet of lot 8, block 127 Koening and Wiebe's Addition to
<br />the city of Grand Island, Hall County, Nebraska.
<br />Filed for Record _ -- _- at __— ._— .._ ^- - -- ___M-
<br />in Book ..— — - -- of -- - - --
<br />Page___
<br />and possession of said premise~ now delivered until said Trustee;
<br />TO HAVE AND TO HOLD the same, with all rights. P;Mieges, and appurtenances thereto belonging unto the Trustee,
<br />his executors, administrators, heirs, and assigns forever. And the Trustor hereby expressly 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 every part thereof, which is given by or results from all laws of the State of Nebraska pertaining to the exemption of
<br />homestead. And the Trustor covenants with the Trustee that he will lore%cr warrant and defend the title to the same against the
<br />lawful claims of all persons whomsoever_
<br />IN TRUST HOWEVER. for the following described purposes: W lffRf_AS. the Trustor did nn this date execute a
<br />Promissory Note evidencing a loan for the principal amount of 5.8142.1.3_._ _ _ ___ -._ ____ __________ and interest thereon
<br />according to the terrns of said Promissory Note; said Prornusory Note being payable in monthly installments at such place as
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<br />the Beneficiary may designalc in writing from time to time. Notwithstanding anq provision contained herein or in said
<br />Promissory Note to the contrary• it not suoaer paid. all sums due and owing under the terrns of said Promissory Note shall be
<br />paid on or before
<br />It is agreed by and between the parues hereto that until ti!iny, of NOIlLe of Dclauh. the Trustor shall: (1) pay all present
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<br />and future taxes and assessments, general and spcctal, against said ptoperty before the same becomes delinquent or actionable;
<br />(2) keep all improvements erected on the land n »used as may be required lronl little to tittle by beneficiary against loss by fire
<br />and other hazards, casuahies and contingcncles, in sueh amounts ,11111 lot such periods as are reasonable and may be required
<br />by beneficiary, and to keep all policies of such Insurance in I0tLC or et(ect upon the property herein described constantly
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<br />assigned and delivered to benefician, 131 pay and comply turih all of the terrns and coriditions of any lien, claim or
<br />indebtedness that may be senior to or take precedence to this I rust Deed as soon as any uth payment on such lien, claim or
<br />indebtedness shall become due, and upon failure of l i ustor to keep an, said agreements, beneficiary may pay such tax, pay fur
<br />such insurance or pay off such (lens or ,fauns or indebtedness as the case may he, and the money so expended together, thereon
<br />as provided by the terms of the alorenicnuoned Promessory Note, shall be secured by this l -rust Deed, and the Trustor agrees
<br />to repay the same upon demand, and upon failure to do so the balance of the attached note shall become immediately due and
<br />payable at the option of the bertrlicsary: t4) specifically confer upon the Trustee the power of sale as provided in Nebraska law:
<br />(5) retain possession of the premises and colleci the ients and revenue, therefrom
<br />Upon payment of all the sums secured by this Trust Deed, the Beneficiary shall request the'irustee to mconvey the
<br />property arid shall surrender this Tnist Deed and all notes evidencing indebtedness secured by this Trust Deed to the
<br />Trustor. Trustee shall reconvey the property without warranty to the person or Persons legally entitled thereto: but if
<br />default be made in the payment of said note 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 be paid as
<br />hereinafter provided, and this deed shall remain in force; the Trustee or his attorney may proceed to sell the property in
<br />its entirety or in parcels at the option of the Trustee hereinbefore described at public auction, to the highest bidder• for
<br />cash. However, the power of sale herein conferred upon the Trustee* shall not be exercised until 111 the Trustee shall first
<br />file for record, in the office of the register of deeds of each county wherein the trust property or some part or parcel
<br />therein is situnt.ed, it notice of default, identifying the Trustees by stating the tames of the Trustor and twitter; therein and
<br />giving the book and page where the same is recorded, a description of the trust property, and containing a statenient
<br />that a breach of an obligation for which the trust property was conv'eved as security has occurre'tl, and setting forth the
<br />nature of such bre a •h and of his election to sell or cause to he -.old such property to satisfy the obligation; and 12t after
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<br />the Ilipm of not less than e•ne month, the'irusU*e shall save notice of sale as provided try Nebraska law After notice of
<br />default and lapse of not. less than :me month, the Trustee* Muill give written notice of the tune and place of male
<br />jxvilicularly describing the property to be sold by publication of such notice. at Ieast live tune. once it week for five
<br />consecutive weeks, the last publication u) Ix, at [tvst 10 riw%s but not tnore (halt 31) da prior to tho valb. in 8011l'
<br />ne,w%paper havilig a ge.ni rul cire'nlation in each county in which the pro;x-rty to 6v —la -,r oniv part i he•reot, iikkati -d
<br />ilptin s-wch sale, t.he'Irusiteaa shall execute and deliver a deeel of eonvevanrti• lit ih, prol>,.r:v .olei In the purril;, er or
<br />purcha,wrs 0H•r*?f and any, stAt.rmern, or recital of fact to 5irch de■4l in !v lauoll to th„ v'] , ;,e ,,, til, t 11.,•1 .,. 'ill, .us,i
<br />ni raf the {x'upc+rtv:le't('itf%Adthesry tit. Including rocitakvonvvrntnt;Plminiilin rwfti,tn+jhlt!t•.1:. 11":put:fti.itwii,i111i-
<br />rvotice of delat lt, awl limiling and rite, pubhcat,ion rind po%ting ,1f Iwlti v of 'al, . ,,rtd t!) , .....l,., ,nd sir, h
<br />lmIl zd' 11 .v! "'.' c I 1 1,
<br />shall "-on-t.autf' jli urw fm it, r1'1dvtwv of WISLf: C'orapliance 'erlo '
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