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85- 004W ?9
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount of First Instalment $-35-0-• 00 Amount of Other Instalments $ 350.00
<br />Total of Payments $.21 -1000.00 First instalment Due Data Y�ember 3 lg 5.
<br />Number of Monthly Instalments 60 _ Final Instalment Due Date GCt ober 3 , 19_20
<br />THIS DEED OF TRUST, made this _30 day of Septe>wber____— ___ 19��.
<br />between Bobby L. Royle -
<br />whose mailing address is _A115 Rd. Grand Isla,:d, Ne. 6880
<br />as Tro etors, First American Title Compam __.1905 Tara 1 St. Suite 620 Omaha• No. 68102
<br />whose mailing address is .---- . ---_— -- ------- -. - - -- - - - - - --
<br />as Trustee, and Norwest Financial Nebraska, Inc., whose mailing address is Zh17 IQOrth_ Webb Rj P Q BQX 1373
<br />Grand Island, No. 6M2 _ ____ __ — , as Beneficiary,
<br />WNNESSETII, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />scribed property in - _ -- - -- --- - - - - -- -Hall - ---------- - -� - -_ —_ -- County, Nebraska:
<br />Lot Forty Nine (49), LeHeights Fourth Subdivision, Hall County, P:ebraska
<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 Tntstora 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 ano 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 making any payment shall, at the Beneficiary's option
<br />and without notice or demand, render the entire unpaid balance of said Iran at once slue and parable. 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 permtt no waste theretil, to complete any building, structure or improvement .
<br />being built or about to be built thereon, to restore promptly any building, structure or improvement thertsm which may be damaged or
<br />destroyed: and to comply with all Laws, ordinances, regulations, covenants. conditions and restrictions affecting the property.
<br />2. To pay before delinquent all lawful taxes and :assessments ulxni the property, to keep the property free and clear of all other charges,
<br />liens or encumbrances impairing the security of t.hts Deed of'frust
<br />3- To keep all buildings now or hereafter erected on the property described hereon contuamusiv insured against loss by fire or other
<br />hazards in an amount not less than the total debt secureil by this Deed of Trust- All px,hctes shall be held by the Beneficiary, 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 ursrn any indebtedness hereby :enured in such order as
<br />the Beneficiary shall determine Such application by the Ber4aaciary Ahall not cause discontinuance of any proceedings to foreclose this
<br />Herd of Trust or curt- or waive any defaulter notice trf default nr invalidate stn act done pursuant to such notice, In the event of foreclosure,
<br />all rights of the Truster in insurance policies then Ark force shall pass to the purchaser at the horedosure sale
<br />4. To obtain the written consent if'Bt-neticiary before selling, conveying or otherwise iramsfernng the property or tiny part thereof and
<br />any such sale. conveyance or transfer without the Renetciarrr's written consent shall r(m titutc it default under the terms hereof.
<br />5 To defend any action ur proceeding purporting to affect the security hereof ar the rights or la ;wer- of Beneficiary or Truster
<br />6. Should Truster fail to pay when dur any tax". assessments, insurance premiums. hens, encumbrances at other charges against the
<br />property hereinabuve described. Bene6oary may pay the same. and the arnount xo paid, with nntere.tt at the rate set forth in the note
<br />secured hereby. shall be added to and lerome a part of the debt secured in this Dvwl of Tru -t a. l - rinattd by law
<br />IT IS MUTUALLY AGREED THAT
<br />1. In the event any lmortion of the property ms taken w damaged eta an emnwnt domain proceeding, the entire arnount of the award
<br />nr such portion thereof as ncty be, necessary to fully satisfy the obligation se tired hereby, shall he paid to Beneficiary to lie applied to
<br />said obligation.
<br />2, By accepting payment at ar,y sum m- cures) hereby after w. due date, Ilenefinary d. »�:- not wa—, ,t- r,ght to nvlwre prungot payment.
<br />when due of all ether sums M, Mrouretl or to deadare default for ;uilurn io -o pay
<br />3. The Trustee shall reconvey all or any part of the property covered by this Dved of Trust o, the psrrwn entitled thereto, on written
<br />request of the Trustor and the Benefiew,v, or ut,rm wt,ellecaton of the nhhgannn securenf and written request for reconveyance made by
<br />the Beneficiary ar the person entitled therc4.,
<br />"I G84 (W)
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