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TRUST! DEED
<br />86-- 106805
<br />of November ^_ __'1986 _
<br />FIRST AMERICAN TITLE INS(IRAN *ustee,
<br />PACIFIC FINANCE CORP
<br />Beneficiary.
<br />Z. WITNESSETH: That the Trustor do by thew 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 __-..Ea1L__.___ County, in the State of Nebraska:
<br />Property known as: LOT 9 IN BLOCK 5 IN DALE ROUSH 2ND SUBDIVISION, HALL COUNTY, NEBRASKA
<br />Filed for Record. at __.M.
<br />in Book of
<br />Page
<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 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 all 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 S 6182.08 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 12 -01 -92
<br />It is agreed by 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 failure to do so the balance of the attached note shall become immediately due and.-
<br />payable at the option of the beneficiary; (4) specifically confer upon the Trustee the power of sale as provided in Nebraska law;
<br />(5) 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 retwnvey the
<br />property and shall stitTender this Treat 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 orin- parcels at the option of the Trustee hereinbefore described at public auction, to the highest bidder, for
<br />eah. However, the power ;of sale herein conferred upon the Trustee shell not be exercised until (1) the Trustee shall first
<br />file for record, ire -the office of the register of deeds of each county wherein the trust property or some part or parcel
<br />ht n *'sititsted. a notice of default, identifying the Trustee by stating the names of the Tntstor and names therein and
<br />glvbw fhr,boolt and page where the,same is recorded. a description of the trust property, and containing a statement
<br />that 'w lti ohof an obligation for which the trust property was conveyed as security has occurred, and setting forth the
<br />of,-*" breach and of his election to sell or cause to be sold such property to satisfy the obligation. and (2) after
<br />the Eilfree "less than one month. the Trustee shall give notice of sale as provided by Nebraska law. After notice of
<br />didatilt atnd lapse of not less than one month, the Trustee shalt give written notice of the time and place of sale
<br />paint slyr describing the property to be sold by publication of such notice, at least five times. once a wee for five
<br />eonsiacutive weeks, the last publication ui be at least 10 days but not more than 30 days prior to the sale, in some
<br />nitrrspttp� having a general cnculation m each county en which the property to be sold, or some part. thereof, is situated.
<br />Upon such sale. the Tntstee shall execute acrd deliver a deed of conveyance of the property sold to the purchaser or
<br />ptircluteers thereof and Any statement or recital of fact in such deed in relation to the exercise of the power of sale and
<br />*aria of the property dmetibed therein. including recitals concerning any mailing, personal delivery and publication of the
<br />*rxst of default,, any mailing and the publication and posting of notice of sale, and the conduct of aetle; and such recital
<br />tmhall constitute prima facie evidence of such compliance and conclusive evidence thereof i n favor of bona fides putt h;tsers
<br />? �msrs
<br />OR6GINAL
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