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85= 00144
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />'mv t of First Insalment t 24? C'' Amount of Other Instalments f 239,00
<br />'Metal omaymenta = 1147 53. Firs Instalment Due Date Au_ �
<br />Number of Monthly Insalments 42, is 191
<br />Final Instalment Due Date �f'tl ;z
<br />THIS DEED OF TRUST, made this 2C. day of June 19,
<br />between An mw G_ Peter_ a ?d r;atnieen J Peterma_n, 'lusba ^d a ^ct
<br />whose mailing address is 4351 Lariet %one grand Zs' a1 d
<br />e as Ttwtors, rTRS�" ILRIQ'Ai` 11121 I do iJ t�;'4Y _
<br />whose mailing address is _3905 ?carne' St Sil to X10, i ?, i +e _1
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is
<br />Grnnd Tsiand. 'Ve -
<br />, as Beneficiary,
<br />WrINESSETH, Trustom hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust., with power of at k, the following de-
<br />scribed property in a 11 County, Nebraska:
<br />Lot 19, '.,iestern 17L-„ �o _vision, Ha-11 jou
<br />- -,I , . e :_asl;a.
<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 now of even date in the
<br />amount sated 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 optwn
<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 />L To keep the property in good condition and repair; to permit no waste thereof. to complete any building, structure or improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may he damaged or
<br />destroyed; and to comply with all laws, ordinances. regulations, covenants, conditions and restrictions affect ing the property
<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 />liens or encumbrances impairing the security of this Deed of Trust.
<br />3. To keep all buildings now or hereafter erected on the property 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 Bene.hoary, and be
<br />in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then
<br />to the Trustor. The amount collected under any insurance policy may be 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 o(Trust or cure or waive any default or notice of default or invalidate any act done pursuant to 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 transferring the property or any part thereof and
<br />any i ucft sale, conveyance or transfer without the Beneficiary's written consent shall constitute a default under the terms hereof.
<br />5. 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, assessments, insurance premiums, hens, encumbrances or other charges against the
<br />property hereinabove described, Beneficiary may pay the same. and the amount so paid, with interest at the rate set forth in the note
<br />secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br />IT IS MUTUALLY AGREED THAT:
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion thereof as may be necessary to fully satisfy the obligation secured hereby, shall he paid to Beneficiary to be applied to
<br />MW obligation.
<br />2. By accepting payment of any sum secured hereby after its due date. Beneficiary does not waive its right to require prompt payment
<br />when due of all other sums so secured or to declare default for failure to so pay.
<br />3. The Trustee shall reconvey all or any part of the property covered by this heed of Trust to the person entitled thereto, on written
<br />request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written request for reconvevance made by
<br />the Beneficiary or the person entitled thereto.
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