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<br />TRUST DEED
<br />~3~-- ti~0;~ ~=.
<br />THiS DEED OF TRU5T, made and entered into this 7th day of .Iaatsarv , 19$~._~
<br />by attd between JfJ88P!H F• Ifi1kR1RAEZ, ~ .Trustor, and Title Insruance Catnpagy of HinntePft~r•,
<br />- Security Pacific Pinnace Corporation _ »e_ _r_T Beneficiary.
<br />WITNESSETH: That the Trustar do by these presents grant, bargain and sell, convey and confirm with Power of Sale
<br />unto the'I'rttsttt the following described Reaf Estate including aft buildings, improvements, and fixtures of every kind now or
<br />hereafter erected ar plated on the real estate, situated in Ball _~ County, in the State of Nebraska:
<br />Lot Ftinr (4}, is Block Eleven (11), is Lambert`a Addition toy the
<br />Property linawn as: City of Grand Inland, i3s1.1 County, Nebraska.
<br />Piled far Record ___.___- _~ at _ _-.M.
<br />in Book of
<br />Page
<br />and possession of said premises now delivered unto said Tnrs[ce:
<br />Ti) HAVE AND SQ HOI-f7 the same, with a!t nghts, prtvtlegrs, and appurtenances thereto belonging unin the Trustee,
<br />his exetu[ors, administrators, heirs, and assigns farever..And the Tn+stor hereby expressly waives, releases, and relinyuishes
<br />unto the Trustee elf right, tine, claim, imtrest, benefit, and estate whatever, in and to the above-described premises and each
<br />and retry part ihertaf, which is given by or results Crom all law. of the `irate of Nebraska pertaining [a the exemption of
<br />homestead. And the Trustor covenants with the Tntztee that he will tarever warrant and defend the title to [he same against the
<br />Lawful claims of all persons whomsoever.
<br />IN TRUST Ht)~VEVER, for the faltawing described purposes: ~'FIFREAS. the l'rustor did an this date execute a
<br />Pramissary Note evidencing a lean for the principal amount of S .^I&tA_q[S ____ - __ and interest thereon
<br />according to the terms of said Pramissary Nate; said Promissory Mate being parable in monthly installments at such place as
<br />tht Beneficiary may designate in writing from time ur time. Natwuhstanding any provision ~antained herein or in said
<br />- Promissory Note to the contrary, if not savner paid, at( sums due and awing under !ire terms of sa+d Promissory Nott shall be
<br />paid an or before ._ _r,,,n++s+~y l°, 1~~ __~_
<br />iris agreed by and betwttn the parties heresy that until filing of Notice of fJrfauft, the Trustor shall: i I) pay ail present
<br />attdfuturt taxes and assessments, gtnrrat and special, against sa+d property before the same becomes delinquent ar actionable;
<br />(Z? keep atl improvements eret:ted an the Land insured a: may be required from time to time by beneficiary against loss by fire
<br />and outer hazards, casualties and cantingenetes, in such amavnts and for ;uch periods as are reasonable and may be required
<br />by beneficiary, and to kelp afi policies of such insurance in farce nr etfect upon the property herein described constantly
<br />assigned and delivered to brrteficiary, tit pay attd cotnpiy with all of the terms and candidons of any lien, claim ar
<br />indtlzttdntss tha€ may be senior to or take precedence to this Trust f3etd as snag as any suite payment an such lien, claim or
<br />indebttdness.shall beramt dot; and. upon failure of Trustar tv keep any said agreements, beneficiary may pay such tax, pay for
<br />such insurance or pay aff such Liens or c€aims or indebtedness as the case may bt, and the money sa expended together, thereon
<br />as provided by ttttternts of the aforementioned Pramissary Note, shat: be secured by [his Trust Deed, and the Trustor agrees
<br />to repay ehe satnr.upan demand: and upon failure to da sa the bafanct of the attached note shelf become immediately dot and
<br />payaiale at the aptiizn of the beneficiary: t~) spteificaffy Confer upon the Trustee the power of sale as provided in Nebraska law;
<br />(4~retain ssessian of the-premises and caliect the rents and revenues therefram_
<br />t?pSiu paysiem of al# rite sums secured by thin Trust Decd, the Beneficiary shall rc~uest the Trustee to reconvey the
<br />qty atxisha113urrender this '!`rust Dtrd and a1i r;airs evidencing indebtedness secured by this Trust Deed to the Trustor.
<br />TrttStee 4hall.ret:anvey the praprrty without warranty to the person or persons fegatly rmitfed thereto: but if default be made in
<br />tM1e p~tytnrm of-said. sate ar an; part ihertaf ar any of the interest ihtrton when dot ar In the faithful performance of anq ar
<br />»ither of said agretrurnES as aforesaid, then the whale of said Hate steal! become dot and bt paid as hereinafter provided, and
<br />this dixd sftail remain- in.forcet the Trusiee ar tits attorney may prvicerd to colt the property in its entirety or in parcels at the
<br />option of thr_Trttsttt?•hertitttaePorcd~cribtd at putshc auriian, to the highest bidder, far cash. Howtvtr, the powee of sate
<br />Merrin eanftrrxxtupnn thrTruster shelf net bt txereised until il) the Trustee shall first flit fvr record, in the affce of the
<br />- _ ieRialtf of deeds Qf fit'-#'t~GCtnnty whe:rri~f the tru~i nraneety ar .cone era ri nr Hereof rhrrrin is cis tt;tte~i, n nntii`r o4 iefgnir,
<br />identifying the Trusire by stating,ihe names of the Trustor and names therein and giving the book and page where the same is
<br />ruorded, a dtscriptaon €tf rite trtttt_prraprttyt, and-.antsining a stattmtnt that a breach of ass abligatian for which the trust
<br />ptaptrq~ urns conve}ed as ,rctttt~ has atsreuttxtl, and. setting fveth the nature of suctr breach acrd of his tlretian to slit yr cause
<br />to be sold. sut:it property t[t'raiiSCy-the c5hiigaiton; and ice) slits the lapse of net test than one month, the '1'rusirt ahaii wive
<br />nixier of salt as provided -Natlcasltaiav«_ A-fine ttatitr ttf ds~ault and lapse of npt Ir, s thuz >3nts month. ihe t rusts; sha31 girt
<br />.rrttten ntxict of the tune atut't`d ate' of tslt• pattfeular'ty ttescrihring lire property to be scldTty pubhcatian taF such natict, at Ieasz
<br />rive tittiex; omr a :vttk for fits c<uisecuuvr vrttks: t#te last pubiieattan to bras !rest 1fl days but Hat mare than let days peter tv
<br />the SA}e. in ,carte newspaper hu<ing a gtnrrel cir rular7zsit iq tachcAUnty in>.vlsieh ihe proper€y to ht said, or some part ihertaf.
<br />issitvstdf. Upon steer sale, the )-rosttt chaff-taa~uie tuf~tivr"r~_ad# af-~xstveyc~e of t#zt pnnt±trty zttd to the purchtrai'r or
<br />.. }xtre#taserx thereat xtu3 any ;[aten+rnt c.r rcci+a~ !+i f st, ; iry ,uch tSc~d in r~iatiitn to ~r tx cf the pawtr ,af sate nerd sale of
<br />tom. pmrtGrtyds:v.,~nixd thrte:sn, a[a4:iudinK re,. 1 ~:+: ,;i+tutrn;+t~atl4-trtaliinA. per:sartai deliver,} and puitlir.;etictn of the Hotter s>'.
<br />dtrauit<xns irtatl;ng>•nd stet {rutrhsatta,rt,rtati ;~«<trtsg.;,t nuttrr,~{'-~lr, nerd dee+-txers3uci ~t stttct ausi..u4h rz~:.ital chats c,~itsettutt
<br />Grrisrta #YCSC Y`+i7~n1e at .;,. r, e<xnillfanCe eel ..a,.ai$itsts+r e•.:dt~sn„r. t#rera?tsf in faessr tpt- t3a?taa ittie pntch;~~trx and enm ctmhranctrs
<br />r:e rglsv nerd wuh:rut-2trrtx~a. t i,r tnt*t='~ Q tilt =°tSrriY~ 1r~ ~i7flvrg- to tfit purChasrr. •xsti;:xtt Leg#tt <re redtsnr`u.~ts. tilt
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