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TRUST DEED
<br />THIS DEED OF TRUST, made and entered into this_25LIL___dav of
<br />86-- 104216
<br />by and between rJunio -_ C Rdy Doty 3_ Lois A Doti_ , Trustor, and First American Title Insurance Trustee,
<br />ano Hire
<br />and _Securi Pacific Finance Corte___. -.. ---- - - -_ -- __ -_._ . - - .-- .- _---- - -__ -- -------- .._____.. Beneficiary.
<br />WITNESSETH: That the Trustor do by these presents grant, bargain and self, 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 on the real estate, situated in Nall ____.. __ County, in the State of Nebraska:
<br />Property known as: Lot 11, Block 6, Koehler Place, Hall county, Nebraska
<br />Filed for Record- _- .._--- _- ________ at
<br />in Book
<br />and possession of said premises now delivered unto said Trustee;
<br />-- - - - -.M.
<br />_ of
<br />Page
<br />TO HAVE AND TO HOLD the same, with all rights, privileges, 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 forever warrant and defend the title to the same against the
<br />lawful claims of ail persons whomsoever.
<br />IN TRUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a
<br />Promissory Note evidencing a loan for the principal amount of 5 6118.90 and interest thereon
<br />according to the terms of said Promissory Note; said Promissory Note being payable in monthly installments at such place as
<br />the Beneficiary may designate in writing from time to time. Notwithstanding any provision contained herein or in said
<br />Promissory Note to the contrary, if not sooner paid, all sums due and owing under the terms of said Promissory Note shall be
<br />paid on or before July 30. 1991 _
<br />It is agreed l;y and between the parties hereto that until filing of Notice of Default, the Trustor shall; (1) pay all present
<br />and future taxes and assessments, general and special, against said property before the same becomes delinquent or actionable;
<br />(2) keep all improvements erected on the land insured as may be required from time to time by beneficiary against loss by fire
<br />and other hazards, casualties and Contingencies, in such amounts and for such periods as are reasonable and may be required
<br />by beneficiary, and to keep all policies of such insurance in force or effect upon the property herein described constantly
<br />assigned and delivered to beneficiary. (3) pay and comply with all of the terms and conditions of any lien, claim or
<br />indebtedness that may be senior to or take precedence to this Trust Deed as soon as any such payment on such 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 indebtedness as the case may be, and the money so expended together, thereon
<br />as provided by the terms of the aforementioned Promissory Note, shall be secured by this Trust Deed, and the Trustor agrees
<br />to repay the same upon demand, and upon tailure to do so the balance of the attached note shall become immediately due and
<br />payable at the option of the benefician: (3) specificaliv confer upon the Trustee the power of sale as provided in Nebraska law;
<br />(5) retain possession of the premi,e, wind collect the rents and reeenues therefrom.
<br />Upon payment of all the sutras secured by this Trust Deed, the Beneficiary shall request the Trustee to reconvey the
<br />property and shall surrender this Trust 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 becorne 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 I I) 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 situated, a notice of default, identifying the Trustee by stating the names of the Trustor and names therein and
<br />giving the book and page where the same is recorded, a description of the trust property, and containing a statement
<br />that a breach of an obligation for which the trust . property was conveyed as security has occurred. and setting forth the
<br />nature of such breach and of his election to sell or cause to be sold such property to satisfy the obligation; and 121 after
<br />the lapse of not less than one month, the Trustee shall give notice: of sale as provided I1y .Nebraska haw. After notice of
<br />default and lapse of not less than one month, the Trustee shall give written notice of the tirne and place of 'sale
<br />particularly describing the property to be sold by publication of such notice, rat, least five times, once- a week for five
<br />consecutive weeks, the last, publication to h at least It) da}.s but not more than ark days: przor to the sale, in sonic
<br />newspaper having a general circulation in each county- in which the prop erty to lw sold, nr some part thereof, is -sit u:,tt�t
<br />Upon such sale. the Trustee shall execute and deliver :a deed of conve ' vance of die plopert% sold to !h" h,.r<ha�cr <ir
<br />purchasrr� thereof and an} .tatentent or revital of fat , its such deed in rclaiior) to inc yercit.e „ t t ht hutc< u' -erle and
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