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<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />
<br />83 '.){'l. .,'00
<br />-. u Gu\..i
<br />
<br />Am~...nt Financed $15,282.21
<br />Principal Am~...nt~fLoan $ 15.782.21
<br />Total ~f Pa}'l1lenll! $ 30,072.00
<br />Annual Pereentage Rate ..22.-%
<br />Number1>fMontl1ly Inatalments ~
<br />
<br />Agreed Rate of Interest on Principal Amount of Loan --1..24<
<br />Amount of First Instalment $_ 35R .()()
<br />Amount of Other Instalments $ 3.5R .(1()
<br />First Instalment Due Dat.e Ii f'1""'i 1 14-
<br />Final Instalment Due Date M;Q"'~ h 14..
<br />
<br />,19-a3
<br />,19-90
<br />
<br />THIS DEED OF TRUS'f, made this .~ day of March 19~,
<br />betw-een Jut'S 'R. WjJ.son nnn AenPA K W.;1~nnJ hll~h~nri ~nn l"ri.f"p
<br />wh_ mailing add...... is 7,19 EaRt 10th Grand T",';,"d, fIE. 68Ro1
<br />as Trustorn, Stewart Title Company
<br />whose mailing address is u..2QQ North Locust Grand Island, He. 68801
<br />as Trustee. and Dial l;'inanre Company of NehT'Slt=;.k:=;
<br />whooe mailing add...... is ;>3'17 North Webb Pd. P.O. Box 1373 Grand Te:l"nrl, "e. hERO? . as Beneficiary,
<br />WITI\TESSETH, Trusters hereby iJ'Tcvocably, grant, bargain, &"il, and convey to Trustee in trust, with power of sale, the following de~
<br />scribed pro""rty in Hall County, Nehraska:
<br />
<br />Fractional Lot Two (2) in Fractional 510ck One Hundred Forty Two (142), in
<br />Union Pacific Railway Company's Second Addition and it's Complement: Frac-
<br />tional Lot Two (2) in Block Twelve (12), in Russel wheeler's Addition to the
<br />City of Grand Island, Hall County, Nebraska
<br />
<br />Together ....'ith tenements. hereditaments. and appurtenances thereunto bt>longing- or in anywise appertaining and the rents, issues and
<br />profits thereof
<br />
<br />This conveyance is intended for the purpose of securing the payment to Beneficiary of Trust-Ors' promissory note of i'ven date in the
<br />amount state<i above 85 "Principal Amount of Loan". The agreed rate of interest peT annum provided for in said note is the Agreed Rate
<br />of Interest on Principal Amount of Loan Irt.ated above, computed on unpaId balances of Principal Amount of Loan. Said loan is repayable
<br />in the number -of monthly instaiments grnted above. The amount of the instalmlmt payments due on said lOlln is stated above. The first
<br />and final instalment due dates on said loan fl-fl> staetd above Payment ma\' be made In advance In any amount at any time. Default
<br />in making any payment ~halL at the Beneficiary's option Hnd Without nntlce or demand. n'nder the entire unpaid balance of said loan
<br />at once due and payable. Ie&; any required rebate of charge~ ! intert'8t!
<br />
<br />To protect the security of thIS Deed of Tru."t. Trustor covenants and aj{rees
<br />
<br />1. To keep thee property !n good condition and repair; to pemllt no waste lhere-of: [0 mmplete any building-, :,tructure or Improvement
<br />being built or about to be built thereon: to restore promptly any bUllding. structure LIT Improvement thereon which may be damaged or
<br />destroyed; and to comply ~,th all law8, ordmances, n-"guiatJons, covenants. conditions and restricuOll!\ afTectlng t.he property.
<br />
<br />2. To pay betore delinquent aU lawful taxes and ~~ments upon the property; to keep the property free and dear of all other charges.
<br />hem or encumbranctt8 impairing the security of this Deed of Trust.
<br />
<br />3. To keep all buildings no\\' or hereafter erected on the properc-y described herem continuously insured agamst loss by fire or other
<br />huanb in an amount not less than the: total debt ~red by thil! need of TrusL AU pohcies shaH be hl'id by the Beneficiary, and be
<br />in such oompanies as the Beneficiary may approv{' Bud have loss p3.)'able first to the Beneficlsry as its interest may a.ppear and then
<br />to the 'fru$tor. The amount collected und~r any msurance policy may hE- appht,"<i upon an)" indebtedness hereby secured in such order as
<br />the Beneficiary &hali determine. Sueh application by the Beneficiary shaH not cause discontinuance of any proceedings to foreclose this
<br />lleed of Trust or c:ute-or waive- any default or notice of default or lOvahdate any act done pursuant- to such notice, In the event offon:dosure,
<br />aU rights oC the_ Trustor 10 insurance poiicies then In force ~hdn pass to the purchaser at the foreclosure sale.
<br />
<br />4. 1'0 obtain the written C'unBent of Ik>nefld:ary before 5E'lhng, conveying or l)therv.'ise transferrinJ,1 the property or any part thereof and
<br />any such sale, conveyance or transfer without the I:l-eneflcHiry's wruten consent shall COnstitute a default under the terms here-of.
<br />
<br />5. To defend any action or proceeding purportm~ to atTet..'t the ~urity her~f or the ri~hts ur powers of Beneficiary or Trustee.
<br />
<br />6. Should Trustor fail to pay when due- ~ny taxes, a~mentil. Insurance prem1Ums, hens, encumbrances or other char((es against the
<br />property hereinabove- de8C'ribed. Beneficiary may pay the &'lrne. and the amount :;0 paid. with interest at the rate !ret forth in the note
<br />secured hereby, shaH be added t-O and become a part of the debt st"CUrM in this lh~ of Trust as permitted by law.
<br />
<br />ITIS.MUTUALLY AGREED THAT:
<br />
<br />L In the event any portion of the property is taken or dama{il:ed in an emment domain proceeding, the entire amount of t.he award
<br />ur such portion thereof as may be n~sary t-O fuR." satisfy the- obhgatlon ~ured hereby, $nall he ptud to. Beneficiary to be applied to
<br />said obligation.
<br />
<br />2. By ~pting payment -of any sum 8el~ured hereb~' aft.t>r its due date, Beneficiary does not waive Its nght to require prompt payment
<br />when due of all other sums so secured or to dedan' default for fallure to SQc puy.
<br />
<br />3. The Trustee shall reronv-e)' all or any part of the property l..'Qvered by thiS Deed of Trust to. the person f"ntitled thereto, on written
<br />reqUf:$t of the Tn1stor and the Beneficiary. or upon sausfactlon 0.1' the obH~ation seC'ured and written request for reconveyance made by
<br />the Beneficiary or th-e person tlntitied theret-O.
<br />
<br />991 E82(HEl
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