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TRUST DEED . 86.., 105488
<br />THIS DEED OF TRUST, made and entered into this— �6_�h_ day of
<br />dp##ustor, and _ �st American ljtle Insurn@7rustee, fSb1M 4l RWifedas '�qe S
<br />and SAggTity P fi Finance
<br />Corp ----- - - - - -- - - - - -- _ Beneficiary.
<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 on the real estate, situated in _ ___— lt;aJ_L^ — County, in the State of Nebraska:
<br />Part of Lot 6 IN BLOCK 73 IN WHEELER BENNETT 3RD ADDITION TO THE CITY OF GRAND ISLAND,HALL
<br />COUNTYAEBRASKA. MORE PARTICULARLY DESCRIBED AS FOLLOWS. COMMENCING AT POINT ON THE SOUTH
<br />1i 0WW6"*F6OF SAID LOT 6 A DISTANCE OF44.8 FEET EAST OF SOUTHWEST CORNER OF SAID LOT
<br />6, THENCE RUNNING NORTH PARALLEL WITH THE WEST BOUNDARY LINE OF SAID LOT 6 A DISTANCE OF
<br />58 FEET, THENCE RUNNING EAST PARALLEL WITH SOUTH BOUNDARY LINE OF SAID LOT 6 A DISTANCE
<br />OF 8 FEET, THENCE RUNNING NORTH Filed for Record_ _— _._. at _ _.M.
<br />PARALLEL WITH THE WEST BOUNDARY LINE OF SAID LOT 6 A DISTANCE OF 18.5, THENCE RUNNING
<br />WEST PARALLEL WITH SOUTH BOUNDARY LINE OF SAID LOT 6 A in Book of
<br />DISTANCE OF 52.8 FEET, THENCE RUNNING SOUTH ALONG AND UPON WEST BOUNDARY LINE OF SAID LOT
<br />6 A DISTANCE OF 76.5 FEET TO SOUTHWEST CORNER OF SAID LOT 6, THENCE RUNNING Page
<br />EAST ALONG AND UPON SOUTH BOUNDARY LINE OF SAID LOT 6 A DISTANCE OF 44.8 FEET TO POINT
<br />OF BEGGINING, HALL COUNTY, NEBRASKA.
<br />and possession of said premises now delivered unto said Trustee;
<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 assign, forever. .And the Trustot 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 all persons whomsoever.
<br />IN TRUST HOWEVER. for the following described purposes: %NHERI_AS, the Trwtor did on this date execute a
<br />Promissory Note evidencing a loan for the principal amount of 5__ .Z844_1Z____ __ ______- _ 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 to 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
<br />It is agreed by and between the parties hereto that until tiling 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 tics required from rime to time by beneficiary against loss by fire
<br />and other hazards, casualties and contingencies, in such amounts and lot such periods as are reasonable and may be required
<br />by beneficiary, and to keep all policies of such insurance to force or effect upon the property herein described constantly
<br />assigned and delivered to benefician, (:) 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 u, this I rust Deed as soon as airs such payment on such lien, claim or
<br />indebtedness shall become due; and upon failure of Trustor to keep any and agreements, beneficiary may pay such tax, pay for
<br />such insurance or pay off such liens or claims or tndebtedne,s as the case may be. and the money so expended together, thereon
<br />as provided by the terms of the aforementioned Promi,sory Note, shall he secured by this Trust Deed, and the Trustor agrees
<br />to repay the same upon demand, and upon failure to do so the balance of the atrached note ,hall become imme liatety due and
<br />payable at the option of the beneficiary: t4l spe,ihLaily onici upon the i iu,tce the power of sale as provided in Nebraska law;
<br />(S) retain possession of the premises and collect the rents and revenues therefrom.
<br />Upon payment of all the sums 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 [Wade 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 decd shall remain in force; the Trustee or his attorney may proceed to sell the. propert} in
<br />its entirety or in parcels at the option of the Trustee herembefore described at public auction, to the highest bidder, for
<br />cash. However, the power of sale herein conferred upon the Trustee shall not be exercisod until (1) the Trustee shall first
<br />file for retard, 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 sUitement
<br />that a breach of an obligation for which the trust property was conveyed as security has (wcurriA. and setting forth the
<br />nature of such breach and of his election to sell or cause: to be sold such property to satisty the obligation, and f21 after
<br />the lapse of exit lens than one month, the Trustee shall give notice of sale as provided by Nebraska law After notice of
<br />default and lapse of not less than one month, the Trustee shall give written notrre tit the time and phut, .,l 'ale
<br />particularly describing the property to be sold by publication of such noure, at iei,t five unit's. inert, a 'Ao"k for fix,,
<br />consecutive wc*ks, the last, publication to he at least 10 days but not more than .ter (hi%, prior t :, the sole. in om'.
<br />newspaper having a general circulation in each county in which the proper[ s to ix, 44d' ,,r sonic pert n horvot is Ytr u.rt t t.
<br />Upon ouch sale. Cite; T"rustre shall execuo- and deliver a decd of cnnveyntwe of thi pro1wi% %,)Id iii the pilli ha.t— ,,,
<br />purchasers t'here'of arid any wt.atcnieti[ or ruxital of laut to such deed ur r- dat,uri tt; the •-xc•rt,- •1 !ht' �0 ,,d- .Old
<br />4aIw ref the propi"rty dv+ --rftd t hezreiris ntcluding rwritals curxermnK my mailing. pvr,oiml itt -h, , r. <,:n;; puf,h, .i w,, e hr
<br />rurt,k(,tF c>f dr_fsault. tens° mailing and the pubbeation and Ixmt.ing of twt ' „1 al, anti t he t. r..iu,. t „f .zrfr .t„ -, h n,, 'ru
<br />ahafl rantAitute prittta fgCie er1rdt."W." ul such eotnpliance and celnclusi , :dis:it fiarr",f tP,s,,t , . i : n„ C,,', ;.r: t;,l—t,
<br />astytiertt
<br />,, RtGN."-.t
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