|
I TRUST DEED qs... 004652 j
<br />THII &DEED OF TRUST. made and entered into this �day of
<br />1~i"dWIN
<br />byirnd between it AMMMIEW, Trustor, and n
<br />now Beneficiary.
<br />WiTNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and confirm with Power of Sale
<br />unto the Trustee the following described Real Estate including all buildings, improvements, and fixtures of every kind now or
<br />hti�tested or placed on the real estate, situated in __ ____ --_.,-__—County, in the State of Nebraska:
<br />'Property known, as: "W ftsubm2y 72 Ant tilt %*t !, fa M04* IA. lei 6MM's M"fttm " tllltt
<br />4 ftmd zolmd. won &NatP. is tDti 1-
<br />Filed for Record.._ .____ ...._- _.______._ . at -__.�_ —.M.
<br />l
<br />in Book--- - - - - -- of i
<br />Page _
<br />and possession of said premises now delivered unto said Trustee;
<br />TO HAVE AND TO HOLD the same, with all rights, privileges, and appurtenances thereto belonging unto the Trustee,
<br />his executors, administrators, heirs, and assigns forever. And the Trustor hereby expressly waives, releases, and relinquishes
<br />unto the Trustee all right, title, claim, interest, benefit, and estate whatever, in and to the above- described premises and each
<br />and every part thereof, which is given by or results from all laws of the State of Nebraska pertaining to the exemption of
<br />homestead. And the Trustor covenants with the Trustee that he will forever warrant and defend the title to the same against the
<br />lawful claims of all persons whomsoever.
<br />IN TRUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a
<br />f
<br />Promissory Note evidencing a loan for the principal amount o"?lr» and interest thereon
<br />according to the terms of said Promissory Note; said Promissory Note being payable In monthly installments at such place as
<br />the Beneficiary may designate in writing from time to time Notwithstanding any provision contained herein or in said
<br />Promissory Note to the contrary, if not sooner paid, all sums due and owing under the terms of said Promissory Note shall be
<br />paid on or hCfore
<br />It is agreed byApd between the parties licreto that until filing of Nosier of Default, the Trustor shall: (1) pay all present
<br />and future taxes ties mender rNn t said property before the same becomes delinquent or actionable;
<br />(2) keep alt-Improvements erected on the land insured as may be required from time to time by beneficiary against loss by fire
<br />and other hazards, casualties and contingencies, in such amounui and for such periods as are reasonable and may be required
<br />by beneficiary, and to keep all policijs of such insurarjes.,in force or effect upon the property herein described constantly
<br />assig�l and delivered io.b &kicia , �d) ti1sy arAcc ' with all ut the term, arld conditions of any lien, claim or
<br />indebtedness that may be senior to or take precedence to this 1 rust Decd as soon as any such payment on such lien, claim or
<br />indebtedness shall become due; and upon failure of Trustor to keep any said agreeelents, beneficiary may pay such tax, pay for
<br />such insurance or pay off such liens or claims or indehtedness as rhr case nrty be, and the money so expended together, thereon
<br />as provided by the terms of the aforementioned Promissory Notts, shall be secured by this 7 "rust Deed, and the TrUsLor agrees
<br />to repay the same upon demand, and upon Failure to do so the balance of the attached note shall become immediately due and
<br />payable at the option of the. beneficiary; (A) specifically confer upon the -1 rusice the power of sale as provided in Nebraska law;
<br />(S) retain possession of the premises and collect the rents and revenues therefron).
<br />Upoel payment of all the sums secured by this Trust Deed, the Beneficiary shall request the Trustee to roconvey the
<br />property and shall surrender thili Trust Deed and all notes evidencing indebtedness secured by this Trust Dart to the
<br />TrwWr.'It sus shall reconvey the property without warranty to the person or persons legally entitled thereto; but if
<br />default be made in the payment of said note or any part thereof or any of the interest thereon when due or in the faithful
<br />performance of any or either of said agreements as aforesaid, then the whole of said note shall lx•corn due and to paid as
<br />hereinafter provided. and this deed shall, remain in form; the Trustee or his attorney nitiy pro esie d to sell the property in
<br />its entirety or in parcels at the option of the Trustee hereinbefore described at public auction, to the highest bidder, for
<br />cash. However, the power of sale herein conferred upon the'17rusteu shall not be exercised until I l l the'I'ruste>e shall first.
<br />file for record, in the office of the register of deeds of each cotint-v wherein the trust property or some part ox parcel
<br />therein is situated, a ttotiee of default, identifying the Trustee by .stating the names of the Trustor and na rnes therein and
<br />qty the book and page where the :same is rtworded, a description of the Lrust property-, and containing a statement
<br />that abraach of an obligation for which the trust property was conveyed as seacurity has iwcurred. and setting forth the
<br />natulrreofi ouch breach and of his election to sell or cause to Ile sold Nut h prolwrty to satist'y 1 he obligation; and (2) .after
<br />Ow la of na let than orte trionth, The Trusits! shall give notice of ,tale as provldi,d 1 ?x' Nebraska hiw. After notio, 1lt
<br />default�j,�, lapile of not. hens thart otw month, the 'Trustee shall give written notu:i of the thoe and place of 'ah
<br />pairk.ularly describing Out Property tea be sold fly pulilivation of Such n(AICV, at ICtINL fiVv Iilli vs, eIItCP 1t w(w'k fol fit
<br />ccxtam-utive weeks, tine last. publication to Ixi at least 10 dave but not In(a4 014111 30 dlev� prior tq th.' „ale, in swllt
<br />era w'axrraper IraYlry; a gtvx+r.lxl Ctrx�u181L3 /in .rt va('1 4'oUrlty Ill 'A lncll the lirellwI11V :') he 'old. II' '- i!itt(• 10;11 -I. Ili, 1. -/,l. 1`: ''II IZIII V.l.
<br />Upon vetch wshr_ the Truster shall execute and deliver a ilved of convey -once of the proqw t ,,. ,old err the pwu -h. >c, ,
<br />purChas0rs therew)t oral lellly ea t.0- nf7ellt, or rClCital of fact In SUC'h (10-411 in feralills Ill 111' 1 'Yr i,,r ` the In +'n 1`r A "a Ir ;.?Iii
<br />'dale of thet I r. :,11d•rts' denrI'I I)efI 0?41f0'I n, it It. IUehng rkWitals l'1J111'1 ^t'tting iliil' walling. Iw'PS =ll :,al 111'Ii11't \- :!•Ile Iilikli 'tit 1.?ft .4 111,
<br />neirice iyf ite=faeill an',' rna :lling arid I,he 1 lullie'ai. hill and jil"tilig of notit' /' 14 ''ill ". i.ild tl,t' It. 1`. le'I ,1;1'1 ' (wi, r1'. llatl
<br />'.
<br />shall tlrte tits: v prim-41 !em ir" , , itleta"dt lit "i"Al ."millliim a ind i o11el w. 11•tu , I;rI1. , 1., 1,. ,. u. (Llr.1.r
<br />Mla �,r 54.10-4}
<br />l k
<br />
|