|
NEBRASKA DEED OF TRUST $4 --- 0 0 0 8 74
<br />(With Power of Sale)
<br />Amount Financed{ 19787-13
<br />Principal Amount of Loan E an~Fsa- ~ 3
<br />Total of Payments E Ix50`?R-f10
<br />Annual Percentage Rate16.25~
<br />Number oC Monthly Instalments ~~-..
<br />Agreed Rate oC Interest on Principal Amount of Loan ~'~~
<br />Amount of First Instalment ~ ,j13-00
<br />Amount of Other Instalments F~11 ~-~
<br />First Instalment Due Date _ lid'- 21-- -, 19~
<br />Finn} Instalment Due Date Fe Yt • 21 v , 19~
<br />THIS DEED OF TRUST, made this ~~_ day of 'a'~FRIiARY 19~~
<br />between U'rlmarcl j Fnhnnnn anri Pets ~ G_ .7nhnann FlnRhanrf anrt 'vljfE' ,
<br />whose mailing address is tiCtl4 61Pa} AvP_ _t;ranel Taianrl_ Na_ >7RR~1 ,
<br />ae Trustors, Stewart Title Guaranty Coritl~ry
<br />whose mailing address is P_O_ x:n-r ?OJt~ FIo~ton• ^x. )7001 ,
<br />ee Trustee, and Noxwest Financial Nebraska, Inc., whose mailing address is P•~• BOY. 1373
<br />2337 Pd. Webb Rd. Grand island,, Near. 63IIG1 , ae Beneficiary,
<br />WITNESSETH, Truators hereby irrevocably, grant, bargain, sell, and rnnvey to Trustee in trust, with power of Bale, the following: de-
<br />scribed property in =311 __-__ County,. Nebraske:-
<br />Lot Sipteen (16) in `rJest Aei~llts Second Addition to the City of Grand Islaadr Nebraska.
<br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the-rents, issues and
<br />profits thereof. - - - -
<br />This conveyance is intended Cor the purpose of securing the payment to Beneficiary -of Txvstars' promissory note of even "date" in.the
<br />amount stated above as "Principal Amount of Loan". The agreed rate of interest per annum provided for in said note ie 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 stated above: The~:firet
<br />and final instalment due dates on said loan are staetd above. Payment may be made in advance in any amount at any time. Default
<br />*.^.ati:ng any payment shall, ar the R..nerr;a_+y'=_ -prior. and withnut notice er dernand, render El±e entirw ~_ paid balance of said loan
<br />at once due and payable, less any required rebate of charges (interests.
<br />To protect the security, of this Deed of Trust, Trustor covenants and agrees:
<br />I. To keep the property in gaol condition and repair; to permit no waste thereof; to complete any building,structure or improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be-damaged-or.
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions.and"restrictions affeeting•the property. -
<br />2. To pay before delinquent ell lawful taxes and aseesamants upon the property; to keep the property free and clear of all other shergee;
<br />liens or encumbrances impairing the security of this Ueed of Trust. - - - -
<br />3. To keep atl buildings now or hereafter erected on the property described herein continuously insured againat.loes. by fireor-other
<br />hazards-in'stn amount not less than the total debt secured by this Deed oC Truck. All policies shall be held by tbe-BeneHcfary,, aud:lie -
<br />iri~ $acfi'companies as the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may" appgsr and tLen:
<br />to~"the Trustor.TFie amount Collected under any insurance policy may be applied upon any indebtedness. hereby seeured,in'-such-order':es-
<br />the-Beneficiary shall determine. $uch application by the Beneficiary shall -not cauew dieconLfnuance of any proceedings to foreclose ;this
<br />Deed of Trust.ar cure or waive any default or notice of default or invalidate any act done pursuant to such notice. In the evenk of foreclosure,
<br />all rights of the Truator in insurance policies then in force shall pass to the purchaser et the foreclosure sale.
<br />4. To obtain the writtea conaeat of Beneficiary before selling, conveying or otherwise transferring the property or any. part thereof and.
<br />any such sale, conveyance or transfer without the Beneficiary's written consent shall constitute a default under the terms hereof.
<br />5. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br />6. Should Tntstor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances ac other charges-against the -
<br />pxnperty hereinabove deaCrihed, Beneficiary may pay the same, and the amount so .paid, with interest at the rate eat SorEh fn the note
<br />secured hereby, shall be added to and become a part of the debt secured in this Deed of Trust as permitted-by law.
<br />IT IS"MUTUALLY AGEEED THAT:
<br />I. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion [hereof as may be necessary to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to be-applied''"to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after its due data, Beneficiary does not waive its right to require prompt payment
<br />when due.gf all-other soma so secured or to declare default for failure to so pay.
<br />3. The Trustee shall remnvey all or any part of the property covered by this Deed of Trust to the person entitled thereto, on written
<br />request of the Truator and the Beneficiary, or upon satisfaction of the obligation secured and written request for remnveyance made by
<br />the Beneficiary or the person entitled thereto.
<br />98t E83 (NE)
<br />
<br />u
<br />
<br />
<br />
|