|
'r
<br />f
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />TAmount of First Instalment Amount of Other Instalment $_L112-2j_.
<br />otal of Payments $ 10,032- 0 First Instalment Due Date April 4 19
<br />Number of Monthly instalments _ 0 Final Instalment Due Date Larch 1
<br />19 OU
<br />THIS DEED OF TRUST, made this _ 7 day ofI'lare
<br />between Irvin v 8te1 — — • 19-
<br />�cs =rid [iarilyn A Stolle��_nusband and vii -F
<br />whose mailing address is 103 _S °lulu Grand Island , —il
<br />as Trustors, First American Title Ins. Co.
<br />whose mailing address is 14o: Larne{ St.iuite_210 Ottah3i iebraslca E 102
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is �1'1'.? i9orth taebb Rd. -P .Q. BOX 1373
<br />Grand Island, Ile. 6c'802
<br />WITNESSETH, Trustors hereb irrevocabl as Beneficiary,
<br />Y y, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />scribed property in _Iatl
<br />- -- ----- - - - - - -- - -- County, Nebraska:
<br />of 15, Anderson Suodivison,located on Dart of the Souti_east
<br />of the iJorthwest - of Section 22, Totinship 11,
<br />hest of the nth. ?.ii., Hall County, Itebras;ca.
<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 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 he made in advance in any amount at any time Default in milking any payment shall, at the Benetian are 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 good condition and repair; to permit no waste thereof; to complete .env budding, structure or Improvement
<br />being built or about to be built thereon; to restore promptiv anv building, structure or improvement thereon which may he damaged or
<br />destroyed; and to comply with all laws, ordinances, regulaetions, covenants, conditions and restrictions affecting the propert y.
<br />2. To pay before delinquent all lawful taxes and assessments upon the property: to keep the property free and clear of all other charges,
<br />hens or encumbrances impairing the security of this Deed of Trust.
<br />a. To keep all buildings now or hereafter erected on the propertv described herein continuously Insured against loss by fire or other
<br />hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have loss payable Rost to the Beneficiary as its interest. may appear and then
<br />to the Trustor The amount collected under any insurance policy may he applied upon any indebtedness hereby secured in such order as
<br />the Beneficiary shall determine. Such application by the Beneficiary shall 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 o, 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 translernng the prtgwrty or any part thereof and
<br />any such sale, conveyance or transfer without the Benefictury's wruten consent shall constitute o default under the terms hereof
<br />S. To defend any action or proceeding purporting to affect the security hereof or tl,e rights or powers of Benericuary or Trustee.
<br />6. Should Trustor fail to pay when due any taxes, assessments, insurance prenuums. lien... encumbrances or other charges against the
<br />property hereinabove described, Beneficiary may pay the same, and the amount so pail, with Interest at the rate set forth m the note
<br />secured hereby, shall be added to and become a part of the debt secured In this Used of'1'rud, as th inn re by law
<br />IT IS MUTUALLI' AGREED THAT
<br />!. fn the event any portion of the property is taken or danuege•d in an eminent domain proceedini:, rile entire amount of the award
<br />or such portion thereof as ratty he necessary to fully satisfy the obligi.tlon sevurvd hereby. shall he paid to Beneftciary to fit- appheei 1n
<br />sand obligation. r
<br />2 By accepting payment of any sum secured herelly after Its due date. Bene•ftciar.v dons not wake its right to re•yuire prompt piivment
<br />when due of all other sums so secured or to declare olefault for failure to so pay c
<br />3. The Trustee shall reconvev all or any part of the property covered liv this Deed of Trust to the person entitled thereto, en written
<br />request of the "fnistor ,not the Beneficiary. or ulion "ati.sft,tion of tile obligation secured avid written reyueM firr reionveyance made by
<br />the Beneficiary or the person entitled thereto
<br />991 G841NEt
<br />L�
<br />Li
<br />01
<br />n
<br />�I
<br />i
<br />
|