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<br />TRUST DEED
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<br />B3.....!} 0 1 J (~ [5
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<br />THIS DEED OF TRUST, made and entered into this 17th day of
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<br />Lester Robert Lentz and Fern
<br />by and between .J.eanetto!. Lerltz.. huaband 44J ,Trustor, and Title
<br />wife
<br />arRl S"~.!t':ltv Pse:lf-:!e F:!nance Cc%1)orat1:on
<br />
<br />March
<br />
<br />;19J!L
<br />
<br />Insurance Company of
<br />MilUleBota
<br />
<br />, Trustee,
<br />
<br />Beneficiary,
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<br />WITNESSETH: That the Trustor do by these presems gram, bargain and sell, convey and confirm with Power of Sale
<br />unto the Trustee the following described Real Estate including all buildings, improvemellls, and fixtures of every kind now or
<br />
<br />hereaftererccted or placed on the real estate, situated in __~__.,__
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<br />County, in the State of Nebraska:
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<br />Property known as:
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<br />Lot Eight (8) . Block Thirteen (13). Boggs and Hill Addition to the
<br />City of .Grand Island, Hall County, Nebraska.
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<br />Filed for Record
<br />
<br />at.
<br />
<br />__,M,
<br />
<br />in Book
<br />
<br />of
<br />
<br />Page
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<br />and possession of said premises now deliver~d unto said Truslee:
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<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 forever. And Ihe Trustor hereby expressly waives, releases. and relinquishes
<br />untO the Trustee all righI, title, claim, interest, benefit, and estate whalever, in and to the above-described premises and each
<br />and every part thereof, which is given r.y or results from all laws of the State of Nebraska pertaining to the exemption of
<br />homestead. And rhe Trustor covenants with the Trustee Ihat he wtll forever warrant and defend Ihe title to the same against the
<br />lawful claims of all persons whomsoever.
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<br />IN TRUST HOWEVER, for the following descnbed purposes: WHEREAS, the Trustor did on this date execute a
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<br />Promissory Note evidencing a Joan for the principal amount of $.21, 70;1 37 and interest thereon
<br />according to the terms of said Promissory Note: said Promi"ory Note being payable in monthly installments ar such place as
<br />rhe 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 sums due and owing under the lerrns of said Promissory Note shall be
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<br />paid on or before
<br />
<br />MA....h ".~_
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<br />It is agreed by and between the parties hereto thar until filmg of N<.Hice of Delauil, Ihe Trustor shall: (I) pay all present
<br />and future taxes and assessments, general and special, againsl sald propeny before the same becomes delinquent or actionable;
<br />(2) keep all improvements erected on the land imured as may he required from time to time bv 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 imurance in force or effect upon the property herein described constantly
<br />assigned and delivered to beneficiary, (3) p.'W and comply ",ilh all of the terms and conditions of any lien, claim or
<br />indebtedness that may be senior to or rake precedens'e 10 this Trust Deed as soon as any such payment on such lien, claim or
<br />indebledness shall be<:ome due; and upon failure of Trustor 10 keep any s31d 3greements, beneficiary may pay such tax, pay for
<br />sucb insurance orpay 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 Promi"ory 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 auached note shall become immediately due and
<br />payable anhe option of Ihebenefidary; 141 specifkllily confer upon the Truslee the power of sale as provided in Nebraska law;
<br />(5) retain possession of the premises and collect the rents 3nd revenues therefrom,
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<br />Upon payment of all tlte sum, secured by this Trust Deed. the Beneficiary ,hall request the Truslee to re<:onvey the
<br />property and shall surrender this Trust Deed and all notes evidencing mdebtedness secured by this Trust Deed to the Trustor,
<br />TcusteeshaU recon.ey thepropefly without warranty to Ihe person or person, legally entitled thereto: bUI if default be made in
<br />t~epaymenl of said note or ally part thereof Or any of the intere,tthereon when due or in the flllthful performance of any or
<br />eitb.erof said agr~ments as aforesaid, then the whoi. of said nOle shali become due and be paid as hereinafter provided, and
<br />this deed shaUremain in force; the Truslee or his allorney may pfL\ceed 10 sell the property in ils entirety or in parcels at the
<br />opfionof Ihe Tru,teeherembefore described at public auction, to the highe'l bidder, for c3sh, However, the power of sale
<br />herein i;onrerred upon the Trustee shall nO! be exen:ised unol (I) the Trustee shall nr>t file f(lr record, in the office of the
<br />f~t.er of deed~.nf e-a(~h county Wh~ff"'i,n lht~ Irwa prnrwny or ,or'tlf" P;HI or !",arrp'1 th.-fPtn i... '.,it\lMt~d, ;, nnfict' of d~f~uh,
<br />~ iQenlifying the TrUMee by Slating the names of the TruslOr and names therein and giving the book and page where the same is
<br />_4eiha <:lC$l:rlplion of the truSI plOpeflY, and cOlltaining a "atemelll that a breach of an obligalton rot which the trust
<br />propcrt)' wa;;conveyedas security has l1<;.;urred, and selling forth the nalure of such breach and of hts electlon 10 sell or cause
<br />lQhe,wldtuthptoperty to "'thfy the obligation; and (2) after the lapse of lIot less Ihan one month, the Trustee shall give
<br />It(!Iij;eor*a;;prlWid~bY Nebraska law. After nOI;ce of defaul.t and lapse of IIOt les, Ihan one mcmlh, Ihe Truslee shall glYe
<br />"'(rittim.li01i<<'oflhetinu: and plaeeof sale pani..:u.larly desuibing the prl'perty 10 be sold by pubhealwn of such notICe, at least
<br />t'\~t_, qnu . week for five eon'l'<:ulive week" the laSt publieallon \0 be at least 10 days but nOI mOre than 30 days prior to
<br />the-sate1"in;~-tk'W~papt'f havtnga g~n~fat J;ln:uhUton in eadl county m w,hirh the property 10 be :,old. or \omC r~art tht.'teof.
<br />i>!-ittlltle.d. Upon slKih~I~, i.he Ttlhlee ,hall exe"ute and deliver" deed of c',;:.nveyance (>I the PNr>erty wId I,' the rur.;haser or
<br />pu(.c~-t~f and. any 5tatCincn! t>r reeH-al of lad io \U'ch deed m relation In th(" e\t~n.'l,e (,f th(: p-C'Wt;! -1,)t ...aie and :.;]1(' of
<br />thf ~oPttly de.Krihed i:h<<1:in,. ~nd\jdjn~ r~":Hij;h \:i,..Hu::'~rn)ng any nHlthng. penona! dchvery <ind puhikaaon 01 lht? iwtl;,.~(;,' pf
<br />4ef~H,. any-ma:rlinl_afld ItK-p'ubhcatioti linG pu'Stm-i f..J!" fi(~ti~t' of ~'ak. and ihe ct:mdul,.~l of '"lk'~ -arHi ..Udl fCI.;i!-a! ",hall...'t)lbUf\H.('
<br />PI:*Q:\A:-fkit,:t'V~(:i"H. ~~h i.:om_pU-iin~c ~nd iUflc\:h;\!vf' (:,,~-deni,'c th(ftiJf Hl ~ij;\.O( -l,A h~)lj(! (1\k p\1:rdLi\('f~ .Iud rn,:~w'd.1lan..;t;'.,
<br />()f vi.t'U't".(too Wt.JJ~(Jut _nt't~14':(, the rHr~,te~'... clc\;u -:khAH t)f\\"-nH~ h} ~:(iri'-<d;'f iH die ~"lrdlJ"f'1 '.ldht~Hl '.'lgln tcd('mpu\Jo, th('
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