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..c~~J\J~j' .83-001401 NEBRASKA DEED OF TRUST (With Power of Sale) AinountFlnanced $14964.51 Principal Amount of Loan $ 151j{)lf.51 Total of Payments $ 22800.00 AnnualPer<:entage Rate ~ Number of Monthly Inatalments ~ Agreed Rate of Interest on Principal Amount of Loan 1 .38 % Amount of First Instalment $ 300.00 Amount of Other lnstalments $ 7,80.00 First Instalment Due Date 04/291 Final Instalment Due Date 07,/291 . 19Q2.. .1188, TIllS DEED OF TRUST. made this 24 day of Harch, 19~ between Wavne D. Burson a.nd Beverly L. ?urson. husband and \-dfe whose mailing-address is 2647N.St . PHtrick Gra.Yld IslE:.nd~ Nebraska 68801 8S Trustors~ ,Stewart T.i tle Guaranty Company whose mailing addreaa i. P.O. Box 2~27 Houston. Texas 7'7001 as Trustee, and Dial Finance Company of t'\ e cr8.2ks_ whose mailing address is p..O.. Box 17.)7"3 Grar:.d Tsla!1d~ :>Jebrnska 68802 ,as Beneficiary, WITNESSETH. Trustors hereby irrevocably, grant, bargain. sell. and convey to Trustee in trust. with power of sale. the following-de.. scribed property in Ra 11 County. Nebraska: Lot Si::-: (() in Block 'J:1,.,<,o (2) in of all of "iHocke T\.!o (2) Hnd 'T'hree Blocks One (1) a!1d T\.;,o (2) in. DicK€V Grand IslaIld, Hall Gount:-t, :"leb::~ns~ta. r}l:;.i.rd Subdivision, a ~esubdivision ::: ~)ickey Sutdi;rision, and All of So~o~d Subdivision of the City of Together with tenements, hereditaments. and appurtenances thereunto belonging Qr in anywiStC\ appertaining and the rents. issues and profits thereof. This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the amount stated above as "Principal Amount of Loan". The agreed. rate of interest per annum provided for in said note is the Agreed Rate of interest on Principal Amount of Loan stated. above, computed on unpaid balances of Principal Amount of Loan. Said loan is repayable in the number of monthly instalments tlt-ated above. The amount of the instalment payments due on said loan is stated above, The first and final instalment due" dates on 88.id loan are staetd above. Payment may be made in advance in any amount at any time. Default in making any payment shall, at the Beneficiary;s option and without notice or demand. nonder the entire unpaid balance of said loan at once due and payable. less any required rebate of charges {interest). To protect the ge,curity of this Deed of Trui:o-t. Trustor covenants and agrees: 1. To keep the property in good condition and repair; to permit no waste thereof; to complet.e any building, structure or improvement being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damaged or destroyed: and to comply with alllaw-8. ordinances. regulations. covenants. conditions and restrictions affecting the property_ 2. To pay before delinquent aU lawful taxes and assessments upon the property; to keep the property free and clear of all other charges. liens or encumbrances impairing the security of this Deed. of Trust. 3, To keep aU buildings now Qr hereafter i"rected on t.l,;e property described herein continuously insured against loss by fire or other hazards in an amount not less than the total debt secured by this Deed of Trust. All policies shall be held by the Beneficiary.- and be i . efie-iar)" may approve and have 1088 payable first to the Beneficiary as its interest may appear and then untlcollect.ed under any insurance policy may be applied upon any indebtedness hereby secured in such order as ioe. Such application by the Beneticiary shall not cause discontinuance of any proceedings t.o, fo,reclose this .- ny default or notice of default or invalidate any act done pursuant to such notice. In the event of forecloaure. urance policies then in force shall pass to the purchaser at the foreclosure sale. 4. To obtain the written consent of Benefici8C)' before selling, conveying or otherwise transferring the property or any part thereof and any such sale, conve)'ance or trsMfer without the Beneficiary's written coruient shaH constitute a default under the terms hereof. 5. To defend any action or proceeding purporting to aiTect the security hereof or the rights <.Ir powers of Beneficiary or Trustee. 6. Should Trustor fail to pay when due any tax"" auessments. msurance premiums, Hens.. encumbrances or other charges against the property hereinabove described. Beneficiary may pay the- same, and tht> amount so paid, with interest at the rate set forth in the note _ure<! hereby, .hall be ad::ed to and berome a part of the debt _ured in this Deed of Trust a. permitted by law, IT IS MUTUALLY AGREED THAT: 1. In the event any portion of the property IS taken or damaged in an eminent domain proceeding, the entire amount of the award or .ucl1 portion thereGf a. may be n_ry to luUy ..tisfy the obligation secured hereby, shall be paid to Beneficiary to be applied to said obligation, 2. By accepting payment of any sum SKured hereby aft.er its due date. Beneficiary doe-a not waive its right to require prompt payment when due- of all other SUJn!l -so s<<ured or to declare default for (ailure to SO p8)'. 3. The Trust.ee :8hall recon\o-ey aU or any part of the property covered by this Deed of Trust to the person entitled thereto. on written req~ of tb& Trustor and the Beneficiary, -or upon satisfaction of the obligation seeured and writ-ten request for reeonveyance made by the Benefieiary or the penoon entitled thereto. 99. €B2(NEI L ~ L