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85- 000571
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of First Instalment • CC Amount of Other Instalments $1e2.00
<br />Total of Payments $.27, 04�,- GO Z First Instalment Due hate March z 19�.
<br />Number of Monthly Instalments -� Final Instalment Due Date r`�br. uar' E , 19__�ja
<br />Jaruar1
<br />THIS DEED OF TRUST, made this — day of 191
<br />between _ Gard Taylor anti PeE� A T L -1or husband and wife
<br />whose mailing address is _ 4'4b Calvin Drive Grand IulandiAye.
<br />as Tt..tors, __ First Ai7eriear. Title Co.
<br />whose trailing address is _`_72r_ ney St. Suite. 210 Cmaha�ilebraska -:102
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is __2 � north Webb Rdi i %.0.
<br />Grand Island ^ -(' raska 63802 - -- , as Beneficiary.
<br />WITNE ;SSETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />scribed property in __--- __ !,,all- - - -- --- _._---- _--- ._---- .- -_- - - -_ -- County, Nebraska:
<br />lot _ -leven (11) 31ock One (1), Lace Davis Acres Subdivision,
<br />'iai- Count;,,
<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 intended for the purpose of securing the payment to Ileneliciary of Trustors' promissory note of even date in the
<br />amount stated above as "Total of Payments ". Said "Total of Payments" is repayable in the number of monthly instalments stated above.
<br />The amount of the instalment payments due on said loan is stated above. The first and final instalment due dates on said loan are stated
<br />above. Payment may be made in advance in tiny amount at any time. Default in making any payment shall, at the Beneficiary's option
<br />and without notice or demand, render the entire unpaid balance of said loan at once due and payable, less any required rehate of charges.
<br />To protect the security of this Deed of Trust. Truster covenants and agrees
<br />I To keep the property in good condition and repair. to permit no waste then•ot, to complete any building, structure or improvement
<br />being hinit or about to he built thereon. to restore promptly any hudding, structure or improvement thereon which may he damaged or
<br />destmved, and to oomph with all laws, ordinances, regulations, tovewints, ionditions and rratnctmns afectaeg the property
<br />! To pay before delinquent all lawful taxes and assessments upon rite property, to keep the pnlpel1y free and clear of all other charges.
<br />I unri .,r encumbrances rtnpainnit The ,ecunty „t this lh•s <I of'frn,t
<br />.; To keep ail buildings now nr hereafter erected on the property descnlied herein continuoush uisured against loss by fire or other
<br />haeards sn an amount not less than the total debt secured by iht, Deed of Trust AH ;xilicies ,hall Iw held by the Ileneficiar, and her
<br />Im such compiana•s :e, the Be•neiicran may q,prov :,nd have loss payable first t,, thl• iieneticiary as its interest may appear-'and then
<br />toe the Trii >tor The annount collected under ant m,urmcv pnhcv tray he applied ulon am indebtednes hereby secured in such order as
<br />the Beneficiary . hail determine Such application by the `leto-flciary shall rot cau<t dismnrrnuance of any prciceedings to foreclose this
<br />Deed of Trust or curt, or waive ant` default or notice of drl :iult or invalidate any act done pursuant to such notice In the event of foreclosure.
<br />all rights of the Truster in insurance policies shirt Iii force shall pass Io the purchaser at the Ioreclosure sale
<br />d. To obtain the written consent of lieneficwry he }ire selling, nnn,•vmg or othenywe iran,ferring that property or any part thereof and
<br />any such gale. conveyance or transfer without th.• Rerefic'uarv' -s written rnn—w =hall con,trtutr'i drfmilt under the terms hereof
<br />:i To defend any action or pram-ding purpsrrtit o: to atli•ct the <rcunty hereof „r the drill, or I—cr,. , -t lfenefiriary or Trustee
<br />h Should Trom or fail to pay -.hen due 11!v taxes. ;tsessrnent,. Insur :uire premiums. hens, cncumhrances or other charges against the
<br />property' hereinabeeye de4 rated. lieriv iclary slay pay the same, :11111 the amount -o ;raid, with urtere,t at flip rate set forth in the note
<br />-Poured herrhy. shali be added to and hccorne a;,art of the deb; secured on the, heed of Trn,t o,;— potted by law'
<br />IT IS MUTUALLY AGREED TIIAT
<br />1 In flap event anv p wren of the jnmpe•rty w taken .n- rinrnaged In an .. inrnent demon pr-o,v, one;. the entire unnnunt of the award
<br />:rr +uch pwteor, thereof as mars he ee,e -ary to fully - atr,ly the nhhg.elwil •.stored here•h.. hAl b,• p;ud Ire fieneliciarc to he applied in
<br />,aid ,obligation
<br />'' By accepting pavnient of anv "urn sec ur•d hereby after its slue_ :fair. Ifian•Iklar•. d „e, 1 -t o:nic It, rant :t tr, teltrma prompt paylm•nt
<br />when due nl' all other soon- , ,,, secured or to derhov detain ful teduie to s„ p,ry
<br />3 The Trtumee v.hall reeuncey all or ern port of the prjq.-M covered by 1111- 11-1 of lru,t t,, ihr person enitiled I!,orettr, w: a +'Alton
<br />rvque'i rIf the Trlirrr•r and the ile'riefii'i.iri'. ".r upntr :111 ,111 ('I 1, 111 ,'I I -rlr' lit la: ,t.1 „i� ,t,lee ,1 .111,1 t.rit tell regln•,t I r — r,vNan"v 1110 h, try
<br />the ti'enefictan or the ;m r -on er,irtled threes„
<br />99r 'fit !NE 1
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