I
<br />NEBRASKA DEED QF TRUST
<br />(With Power of Sale)
<br />Amount Financed a 18, 8'F1.21
<br />Pri~ipai-Amotmt of Loan- # .1,_ ~ L~'~ • ~1
<br />Total of Payments 1J'>' +264
<br />AnnualPematageRate 1& ~ ~~
<br />Number of Morrtbly Instalments
<br />83--~1004.~:~'
<br />Agreed li.ete of Interest on Principal Amount of Loan ~~
<br />Amount of Fist instalment E 3gs • ~
<br />AmountofOtherInstalments'F 3R6-~
<br />First Instalment Due Date 1''ebi'uaT`Y 26. Igo
<br />Final Instalment Due Date Janual'y 2i`i , lg~
<br />THIS DEED DF TRUBT, made this ~~? day of January 19_s~,
<br />between Rita A. Jacobsen sixisrle person
<br />whose mailing adrhese is _ 2Q11 N Lafayette Grand Island. Ne. 68801
<br />as ~Yttaters, Stewart Title Guaranty Company '
<br />whose mailing aadresa is 204 North locust Grand Islam Ne. ~~$01
<br />as Trustee, and Dial Finance Company of Rtebra5ka
<br />whose mailing address is 2337 North Webb R©ad, Gear[.'' Island, i1e rgi~01 , as Beneficiary,
<br />WPI'NESSETH, TrusWrs hereby irrevocably, grant, bargain, aeB, and convey to Trustee in trust. with power of sale, the following de-
<br />scribed property in Hall Co•.tnty, Nebraska:
<br />Lot Zen t1o3, Block .it?,l~it t"t~), in Scar,f's t;ddition to the Ciiy o; Grand
<br />Island, call County, Nebraska
<br />Together with [enementa, hereditaments, and appurtenances theretmm belonging or in anywise appertaining and the rents, issues and
<br />profits thereof.
<br />This mnvayance is intended for the purpose nI seeunng the payment to Beneficiary of Trustors' promissory note of even date in the
<br />amtitint atatad above as '"Principal Amount of Iuan". The agreed rata of interest per annam provided for in said note is the Agreed Rate
<br />of Interest on Principal Amount of Loan stated above, computed on unpaid balances of Principal Amount of Loan. Said loan is repayable
<br />in the number of monthly instalments stated above. The amount of the instalment payments due on said loan is ata{~1 above. The first
<br />and final i[aatalment due dates nn said loan are stand ahova. Payment may be made in advance in any amount at any time. Default
<br />in making any paymeeit shall, at the Beneficiatya option and without notice or demand, render the entire unpaid balance of said loan
<br />at onae due and payable, lees any required rebate of rhargrs tinterest).
<br />To protect the security of ihix Deed of Trust, Trustor covenants and agrees
<br />t. To keep the property m good rnadition and repair; to permit no waste [hereof: io complete any building, structure or improvement
<br />being built or about m be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or
<br />destroyed; and W comply with all laws, oniinancra, regulations, covenants, xnnditioas and restnetions affecting the property.
<br />'L. To gay bafare del[nquant all lawful lases and aesessmrnts upon the property; [o keep the properly free and clear of ail other charges,
<br />liana or encutttbrances impairing the aecunty of thu Dead of Trust.
<br />:1. To kcep all butldinga now or hereattrr erected o:i the progeny described herein continuously insured against loss by fire or-other
<br />hnutda in an amount not lass than the iota! debt secured by this Deed of Trust. Ali policies shall be held by the $eneficiary, and be
<br />in such rompanirs as the Beneiciary may approve and have lass payable trst to the Beneficiary as its interest may agpear and then
<br />fa the Truster. The amount collected under any insurance policy may be npplred upon any indebtedness hereby secured in such order as
<br />the Beneficiary shall determine. Such appt[catian by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this
<br />Deed of Trust or cure ar waive any default or notice of default ar invalidate any set done pursuant to such notice. In the event of foreclosure,
<br />ail rights of the Truster in insurance policies then in force shall peas m the purchaser at the foreclosure sak.
<br />4. To obtain the written consent of Beneficiary before selling, convenng or atherwiae transferring the property or any part thereof and
<br />any such sale, aonveynncr ar transfer without the BenrFictnrv s written consent shall constitute a default under the terms hereof.
<br />5. To defend any action or proceeding purporting to afFect the srcuritY hatcx~f or the rights or powers o(Beneficiary or Trustee.
<br />6. 3bould Trustor fail to pay when due any rases, aseesamanca, insurance premiums, liens, encumbrances or other charges against the
<br />pmparty hetwansbove described, $eneficiary may pay the same, and the amount so paid, with interest at the rata set forth in the Hate
<br />secured hereby, shall be added to and l+emnie s part of the debt secured in this Daed of'IS-ust as permitted by Iaw.
<br />T'i' IS MUTUALLY ALIR6Ell THAT:
<br />1. In the event any portion oC the property is taken or dntnaged in an eminent domem proceeding, the entire amount of the awnnl
<br />or such portion thereof as may be neceeaary to (ally aatisry she ahiigatian secured hereby, shall be paid to Beneficiary to be applied to
<br />said obligation.
<br />2 By act~pting payment of any sum secured hereby aRer its due date, Beneficiary does not waive its righe to require prompt payment
<br />when due of all other sums so secured nr 4o declare default for failure to 9o pay,
<br />3. Tlte-1iusLee sltull tewnvay all ar any part of the gcoperty covered by this Deed of Tntst to the person entitled thereto, on written
<br />evyuart of-.the Ttt~r and the $eaefuiaty, ar upon satisfaction of the obligation secured and written request for racanveyance made by
<br />the-Beaeftaiary ar the pennon entitled thereto.
<br />9Q7[ E82.(iriEl..
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