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<br />TRUST DEED 85-- -- 004882
<br />THIS DEED OF TRUST, made and entered into this— _2nd.__day of '19-45--
<br />by and between Howard K_s EdV_%r_4 MQ_Amd _ _ , Trustor, andFirst- a�•r1 a Ti +t T '^ O , Trustee,
<br />Patricia C. Edwardson, Husbacid and Wife Ccapow
<br />and -- - -- - -- - -- - -- - - - -- - -- - -- 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 />hereafter erected or placed on the real estate, situated in ._____gam }— _.— _____________— County, in the State of Nebraska:
<br />Property known as: Lot 2, Block 21, Original Tovn now city of Grand Island,
<br />Hall County, Nebraska
<br />Filed for Record- -- _------- .-- _----- ._. - --- at --- .- - - -_ -- _—•M.
<br />in Book_ -_ of
<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 torever. 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 file following described purposes: WHEREAS, the Trustor did on this date execute a
<br />Promissory Note evidencing a loan for the principal amount of S_32 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 sun.., due and owing under the terms of'said Promissory Note shall be
<br />paid on or before _ _ October_- 7,_1Q8Q
<br />It is agreed by and between the parties hereto that until filing of Notice of Default, the - 1rusior shall: (t) pay all present
<br />and future taxes and assessments, general and special, against said property before the same becomes delinquent or actionable;
<br />(2) keep all 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 amounts and for such periods as are reasonable and may be required
<br />by beneficiary, and to keep all policies of such insurance in force or effect upon the property herein described constantly
<br />assigned and delivered to beneficiary, (3) pay and comply with all of the terms and conditions of any lien, claim or
<br />indebtedness that may be senior to or take precedence to this Trust Deed as soon as any such payment on such lien, claim or
<br />indebtedness shall become due; and upon failure of Trustor to keep any +aid agreements, beneficiary may pay such tax, pay for
<br />such insurance or pay off such liens or claims or indebtedness as the case may be, and the money so expended together, thereon
<br />as provided by the terms of the aforementioned Promissory Note, shall be secured by this Trust Deed, and the Trustor 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; (4) specit ically confer upon the Trustee the power of sale as provided in Nebraska law;
<br />(S) retain possession of the premises and collect the rents and revenues therefrom.
<br />Upon payment of all the sums secured by this Trust Deed, the Beneficiary shall request the Trustee to reconvey the
<br />property and shall surrender this Trust Deed and all notes evidencing indebtedness secured by this Trust Deed to the
<br />Trustor. Trustee 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 become due and be paid as
<br />hereinafter provided, and this deed shall remain in force; the Trustee or his attorney may proceed 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 Trustee shall not be exercised until ( I) the Trustee shall first
<br />file for record, in the office of the register of deeds of each county wherein the trust property or some part or parcel
<br />therein is situated, a notice of default. identifying the Trustee by stating the names of the Trustor and names therein and
<br />giving the book and page where the same is recorded, a description of the trust property, and containing a statement
<br />that a breach of an obligation for which the trust property was conveyed as security has occurred, and setting forth the
<br />nature of such breach and of his election to sell or cause to be sold such propwrt.y to satisfy the obligation; and (2f after
<br />the lapse of not less than one month, the TrusteL shall give notice of sale as provided by Nebraska law. After notice of
<br />default and lapse of not less than one month, the "IYustee shall give written notice of the time and place of 14110
<br />particularly describing the property to be sold by publication of such notice, at least five time., once it seek fur five n
<br />consecutive weeks, the last, publication to be at least 10 bays but not more than :it) day prior to the Hide, in �4omc
<br />newspaper having a general circulation in each county in which the property to ho :;old, or sonw earl t hereol. i, sitiratevl.
<br />Upon such gale, the Trustee, shall execute and deliver it deed of ronvecanrc of tIit• pro I vet ty old to tIit, pureh;tser or
<br />purchase-; theroof and any suttement or recital of fact in such dead in cola! ion to the exerctst 1 ria• i -wet of �,ah -.And
<br />sale of the prop a ty described therein, including recitals concerning any mailing, persumil delrtrr' ,uui puhlirtu.n, .,f I hr
<br />notice, of default, tiny mailing and tho publication and p owing of urtiee III it and I h n Heist I rl Zip Hui o � n •i!al
<br />Shall convtitute perinea tuck evidence of such rornplianre and 1';a' h:. >,'?
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