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I
<br />I
<br />002028
<br />note bearing even date at the rate of interest as set forth
<br />on such note until paid; the principal sum and interest
<br />shall be payable in accordance with a note of even date
<br />and in any event on the 24th day of October, 1985. Any
<br />installments to be applied first on the payment of interest
<br />computed monthly on the unpaid principal balance and the
<br />remainder of each installment to be applied to principal.
<br />All payments shall be made at the office of the BENEFICIARY,
<br />Norwest Bank Grand island, N.A., 202 West Third Street,
<br />Grand Island, Nebraska, or at such other place as the holder
<br />may designate in writing.
<br />It is agreed by and between the parties hereto
<br />that while title is vested in the TRUSTEE and until filing
<br />of Notice of Default, the TRUSTORS shall:
<br />A. Retain Possession of the premises and collect
<br />the rents and revenues therefrom.
<br />B Maintain the buildings and improvements located
<br />thereon in good condition and repair.
<br />C. Pay all taxes and special assessments levied or
<br />assessed against or due upon said premises before
<br />delinquency, and to deliver to BENEFICIARY copies
<br />of receipts showing Payment of such taxes.
<br />D. Pr'ocur'er arid maintain Policies of insurance against,
<br />1-he usual hazards of' fire, hail, windstorm and
<br />other similar risks, in sums and underwritten
<br />by comipanies acceptable to the BENEFICIARY, with
<br />10ss pdyable to the parties as their interest
<br />MOY appear.
<br />E. PaY to the MNEFT(,,IARY, if BENEFICIARY -,-'c) requires,
<br />toge',ther Arid in addit,jor, to the regular
<br />mc)rlt'lly P,j1V1n(`1`lt-s of Principal and interest, on
<br />e:Mte Set. forth for the making of
<br />the payment-,
<br />-s!Ch il
<br />IT10111 (-I
<br />- - SuM is established by the BENEFICIARY
<br />q U a I --
<br />assessrilcjIts j-j(,,xj.
<br />due curl f he i
<br />PIUS th(-.� premuril tha't will
<br />due and payat)j e on i nsurance po I I iris
<br />divid(,-,d by the riumber cif
<br />t,0 Oldpse before ()n(, month to the
<br />date ,,jj(qj Fu(.-h t,3X(' s P Spec I o asses!;'Illent's 'Jild
<br />Premium i_)(, (ju(�. Sa
<br />BENFFT(,1ARY it, t,rj_jsj id SLUMS to 1)(, held bv the
<br />t-0 Pay the
<br />and insurance
<br />- premiLIMS. Aily def ici(-Ilcy
<br />in amourot of ciny ciojqregat. (--, itloyltidy J),)Ylllerlt
<br />t� Ixe."i, io "i S sille [J !,;
<br />and I s u r, �j I U M ) h I !
<br />The ilrrarlqoi° lean ts, pr,ovid(•d for
<br />�ire foi, t.,jje,:,
<br />BI- [*:J�, Ic I Apy,
<br />TAVY.
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