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85,00112'3
<br />NEBRASKA DEED
<br />I OF TRUST
<br />(With power of Sale)
<br />-Amoumt of First Instalment432600
<br />'Total ofPaymenta ;f.00 Amount of Other Instalments ;j�.GO
<br />First Instalment Due Date Ak 11
<br />Number of Monthly Instalments 34—__, 19�
<br />Final Instalment Due Date I'1ar• 11
<br />THIS DEED OF TRUST, mad `T ilarr n
<br />e this day of
<br />between Rit a d Tetr•ohad
<br />19 85
<br />whose mailing address is ?011 Pv' Tea ++
<br />g�la'dd�gi
<br />;n
<br />as Trustors, _2i r: Ann roc an T,t1 T, ,. '—'� iS% -d. :Ie. _68801
<br />whose mailing address is 1W5 Harney �it� Suite 210 Omai1� d�. Gii 1G2
<br />as Trustee, and Norwest Financial
<br />Nebraska, Inc., whose mailing address is _2337 id. trfebb lid.
<br />2
<br />NfITNESSETH, Trainers hereby irrevocably, s Beneficiary,
<br />y, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />scribed property in Mall
<br />Lot 'Ien (10) in Block Eight (c), in Scarff's Addition
<br />County, Nebraska:
<br />to the City of
<br />Grand Island, Hall County, Hebraska.
<br />Together with tenements, hereditaments, and appurtenances thereunto belongi
<br />Profits thereof. ng or in anywise appertaining and the rents, issues and
<br />This conveyance is intended for the purpose of securing the payment to Beneficiary 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 any 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 rebate of charges.
<br />To protect the security of this Deed of Trust, Trustor covenants and agrees:
<br />1. To keep the property in goof) condition and repair; to permit no waste thereof; to complete any bw„i;ng, structure or improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be dams
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restnctions affecting the property.
<br />damaged or
<br />To pay before delinquent 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 />,I To keep all buildings now or hereafter erected on the property
<br />haurds in an amount not less than the total debt secured by this Decd of Trust. All policies shall be held by the Beneficiary, and e
<br />p perry described herein continuously insured against loss by (ire or other
<br />in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary as its intrust may appear
<br />to the Trustor. The amount collected under any insurance policy may he applied upon any indehtedness hereby secured in such order as be
<br />the Brnrficiery shall determine. Such application by the Fieneficiary shall not cause dixontinuance of any proceedings sec ed n suh foreclose this
<br />ced of Trust or cure or waive any default or notice of default or rm•aboate any ;act done pursuant. eo such notice, In the event of foreclosure,
<br />all rughtaof the Trustor in insurance policies then in force shall pass to the purchaser at the foreclosure sate.
<br />4 To of ain 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 Beneficiary's written cones consent shall constitute a default under the terms hereof
<br />;i. 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• as a sments, insurance preniiurns, liens, encurbrances or other charges against the
<br />secured hr by. shall a acribed, and may pry the same, and the anount so paid, with interest at the rate set forth rn the note
<br />sr�ured heuby, shall be added IO and beCOme a part of the Licht secured in this Deed of Trost as pernutk d by Lew
<br />IT IS MUTUALLY AGREED TFIAT:
<br />1, In the event any portion of the property is taken or dantiaged rn ari enunent doni.nn praeedmg. the enure anuiwat of the award
<br />or such paatiorn thereof as may be newessary to fully satisfy the obligation secured herein, shall tin paid to Beneficiary ,i le applied to
<br />said ohltgeti portion
<br />" By accepting payment cif any skin, secured hereby after its due date, lienefictai;v dies nut uoicr its right to require prompt payment
<br />when due of all other sums so ,ccurod or to declare default liir failure to an pay.
<br />3. The Trustee shall reeonvey all or art part of the property covered by this heed of 1'rust to the tn•rwoa rnuttrtf tlierrtu. nn written
<br />request fi the Trustor and the itled icrary, err upon saUslLehon nl'the ohbgaUo, sr.•cur'a•d and written elmollt fur r1•rulNen'anlr made by
<br />the Iienrficiary or the• Pierson entitled thereto,
<br />991084 INE)
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