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TIM DEED OF TRUST mat
<br />ttween Vincent A. Zi
<br />bobs mailing- address is 42(
<br />m..u_ ri rc+ &VU
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<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />of
<br />86-- 100701
<br />NoMpmber
<br />Ind wife
<br />33
<br />whose mailing address is lyu5 IlarneY St. Suite bzu urgana, Nt b13m
<br />as Trustee, and Norwest Financial Nebbraska Inc., whose mailing address is 2337 N. Webb Road
<br />P.O. Box 1373 Brand Island, NE 68802 as Beneficiary,
<br />WITNES3ETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power
<br />of sale, the following described property in . Hall _ County, Nebraska:
<br />Lot Twenty -Two (22), in Capital Heights Eighth Subdivision, Hall County,
<br />Nebraska.
<br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and
<br />profits thereof:
<br />This conveyance is in f the wom of �pewtng the payment to Beneficiary of Trustors' indebtedness evida �i p wq}7p
<br />Loan Agreement dated vemfer LU 19 ko , pursuant to which an advance has been made in the sum off �Jyu�u•�V�
<br />together with charges according to the terms of said Revolving Loan Agreement, and also any and all indebtedness, sums, future adremees,
<br />and charge now, or as may hereafter be or become owing by Trustor to Beneficiary, under said Revolving Loan Agreement or any future
<br />Revolving Loan Agreement between Trustor and Beneficiary up to a maximum unpaid balance of $25,000, and also payment of any sums
<br />expended or advanced by Beneficiary to protect the security hereof. Default in making any payment shall, at the Beneficiary's option and
<br />without notice or demand, render the entire unpaid balance secured hereunder at once due and payable.
<br />To psatect the security of this Deed of Trust. Trustor covenants and agrees:
<br />1. To keep tba,preperty in good condition and repair; to permit no waste thereof; to complete any building, structure or improvement
<br />being built or about,to'be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property.
<br />2. To pay belsrs de inquent all lawful taxes and assessments upon the property; to keep the property free and clear of all other charges,
<br />liens or encumbrances impairing the security of this Deed of Trust_
<br />3. To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fire or other
<br />hazards in an amount not lea than the total debt secured by this Deed of Trust. An policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then
<br />to the Trustor. The amount collected tinder any insurance policy may be applied upon any indebtedness hereby secured in such order as
<br />the Beneficiary shall determine. Such application by the Beneficiary shalt not cause discontinuance of any proceedings to foreclose this
<br />Deed of Trust or cure or waive any default or notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure,
<br />all rights of the Trustor in insurance policies then in force shall pass to the purchaser at the foreclosure sale.
<br />4. To obtain the written consent of Beneficiary before selling, conveying or otherwise transferring the property or any part thereof and
<br />any such sale, conveyance or transfer without the Beriefieiarya written consent shall constitute a default under the terms hereof.
<br />5. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />6. Should Trustor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges against the
<br />property hereinabove described. Beneficiary may pay the same. and the amount so paid. with interest at the rate set forth in the note
<br />secured hereby, shall be added to and become a part cif the debt secured in this Deed of Trust as permitted by law.
<br />IT IS MUTUALLY AGREED THAT
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion thereof as may be necessary to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to be applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after its due date. Beneficiary does rot waive its right to require prompt payment
<br />when due of all other sums so secured or to declare default for failure to so pay
<br />3. The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto, on written
<br />request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written request for reconveyance made by
<br />the Beneficiary or the person entitled thereto.
<br />2113604 (WE)
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