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<br />I <br /> <br />NEBRASKA DEED OF TRUST <br />(With Power of Sale) <br /> <br />83...,jO 6565 <br /> <br />r <br /> <br />Au>oun~ Financed $ 79h4 ,"ii' <br />Principal Amoun~ or Loan $ R4:>5 39 <br />T~I ofPayrnentil $ 1;>1)hO.00 <br />Annual Percentage Rate -.20-% <br />N_ofMonthly Insta1mentil~. <br /> <br />Agreed Rate of Interest on Principal Amount of Loan~% <br />Amount of-First Instalment $ 211_00 <br />Amount of Other Instalments $~_ <br />Firs~ lnsta1men~ Due Da.. .r ell. 19 19~ <br />FinalIns~lmen~ Due Da..; nee. "9 .19.88. <br /> <br />TIIIS DEED OF TRUST. made tlUa -ll- day or n.,,,,,mh,,,. .19113:.-. <br />betweerrVinlAt: M_ M~V-:t:I7 snn ~1()'PIIi=n .r", M",VQ7,_ h1,shanrl a:p<l wif~ <br />whose: mailing address is- //Xl N.... (;)lA't:A.,.., n'l'"~nd TllllAnrl, NAh'r'T ~1 <br />as TruatA>rs. ~ Title and Gwaranty COlllJl"ny <br />whosemailingaddressisP..O_Bo%.2029Ronlrton.Tp-~A 77001 <br />as Trustee. and Nocw... Finan<ial Nebraska. Ine., wh_ mailing addres.q is ?337 rq. W~ N:> llrl <br />P.O. Bo% 13~ _Grand Isbnd. Nebr. ~ . as. Beneficiary, <br />WITNESSETH, 1'nJ..st.on hereby iT1"evocably, grant. bargain, sell, a.nd convey to Trustee in trust. with power of- sale, the-following de- <br />scribed property ;n _______-Hall.~__.__.___________________.________________ County, Nebraska: <br /> <br />Lot Seven (7) in Block Nine (9) i.u iJniversity Place, and Addition to the City <br />of Grand Island, Nebraska.. <br /> <br />Together With tenements, hen>ditaments, and appurtenancf.4S t.hereunto belongmg or in anywise appertaining and the rents. issues and <br />profits the.-eof_ <br /> <br />Thia eonVf!yance is intvnded. fof' thf' ptll"pOfW of .securinK the payment to Beneficiary of Trust0r8' promissory note of even date in the <br />amount :n.ated abo~ as "PrinCipal Amount of Loan" The agreed rate (If interest per annum pro\-;ded for in said note is the Agreed Rate <br />of [nte~ on Prir.eipal Amount of Loan i>(a~ abov~~. ~~omputed on unpaid halanc-e~ of Principal Amount of Loan. Said loan is repayable <br />in the number of monthly in!ltalmenu< statM aoov(>. Tht> amount of t.he mstahnent payments due on said loan is stated above. The first <br />and final instalment due dates on tlaid loan are staet-d above Payment l'1la.v be made III advance in any amount at any time. Default <br />tn making any J'dlyrnent shall. at the Bflneficlary's opt1on und Wl1hout notice !)f' demand. render the entire unpaid balance of said loan <br />at Qtwe due- and payahle. 1l"&~ tiny reqUIred robate of charJ{t!'S (Interest! <br /> <br />To protect the security of this Deed of TruflC Trustor covtHl8.nt."i and nJorr~!'I. <br /> <br />L To keep the property in good L'vndltion and r{'-p8lr; to permIt no W3l:it,e thereof; to ctlmplet.e any building, structure or irn; r'ment <br />be-Jl\j.J bwlt or about to ~ built there'on: to r--tmtore promptly any buddinJ{. structure or Improvement thereon which may he dar ...ged or <br />demroyed: and to (.()tUply wlth all laws. orchnn~. reJft1latiQlLot, .;:ovell.tlnts. conditions nnd restrictions affecting the property, <br /> <br />2. To p;l>y before- delinquent aU lawful tax~ and ,l~rnentt;. upon the P"-"J)erty; t{) keep the property free- and dear of all other charges. <br />Hens or@Dcumbntnceti impairing t~ lteC:urity of thlll l~ of Trust. <br /> <br />~l To keep all bwldingtf now ur h~re~r eYf!('!ed un the: property dt"SCribed lwrt!-ln continuoualy uurured against toss hy fire or other <br />luuards in :m amount not 1es3 than the total debt l'e'Cured hy thu. l>eed of Trust. All pOIiCltc'S !lhall be held by the Beneficiary, and be <br />in such ~iea as the ~efiCIar){ I:'l1-ay appru~'t' ilnd have loss payable- first to the Beneficuuy aij it..~ mterest may appear and then <br />to the 1'rustor. The smount -coH~t!'d under any In,'!:uranre p<>iicy ma)" be applied upon any indebtedness hereby !:leCured in such order a5 <br />the Beneficiary -shaH detenrune_ Such apphcatlOl] hy (he ~netkiR~' shall not cause discontinuance of any procoedin~ to foreclose this <br />Deed ~f Trust or <'U~ Qr wajv~ "nJ defauit or nut1(:e uf default or invahdute any act done pursuant to such notice. In the ev~nt of foreelOtiure. <br />all rignu of the Trustor In insurance polict~ then It! force shall P-u""IS tQ the purcha~r at the iore('Jo8ure sull' <br /> <br />4. To obtain the WTttt.en -\..'On.~nt of Bent>fi('18ry before tleliing. conveymg or otherwIse transfernojf the property or any part thereof and <br />any !luch sale. wnv-eyant..'t' or transfer WUoout the B-eneficiary.s wrttte-n cu~t\t. ~haU constitute a default under the terms hereof. <br /> <br />5. To defend any nctlon or pruc~n~ purporting to al1@ct t~ '8fl.'u.nty hereof or the ngh~ or pQwers of Beneficiary Uf., 'l'rus~. <br /> <br />6 Should Trustor fail to P>')' when due ."0)" Ui~. iI~"mtll. wsurl:W(.'tl- prelnlums. hens. t'm::umbrnnce-s or other charges a~~m8t the <br />pl"Opltrt)' henmabo\'f.' de8c:nbed, &netklary m8)" pay the sam.... aud the amount M paid, With mterest at the rate- get forth in the note <br />~red he-reby, ~haJl be ~ to snd. ~ffit' a pi'lrt ofthl' debt secured in thIS l~ OriNal as permitted by taw. <br /> <br />ITlSMtrrUALLY AGREEllTHAT- <br /> <br />1 In the event an,.v pi)rhtm 0'1' the ,u"operty 1S t.ak~n or darnl:t~ in an eminent domain proceeding, the ~ntire amount of the award <br />{)f 8UCh portion ~ all nUl)' bt> r~ry t.o fully sati.sfy the obhgation secured hereby, shall be paid to BeneficIary to btt applied to <br />Mid obligation. <br /> <br />2, 8, aceepUng payment of any sum securt<d hereby lllIWr ita due date, Benet1ciary does not wa1ve its ri~ht to ret..lmre prompt payment <br />when -due of aU other $\UJ)$ 80 1itI("ured or to declare default for f.u.ilure to -80 pay <br /> <br />3. The- ~ shall r'1.'C::fmvey .U or any part of the pn>perty i.'Oft-~ by th.us Deed of Tru!5t to the peol'SOn entitled thereto, on writ.te,n <br />requeet. of the Tru:sto.t and the Beneficiary, Of" upon satisfaction Qf the obtit(&tlon ~ured and wntten ft'oqut.'St for Nx:Onve.YMre mu.de by <br />the BeaefK:1al')' Of' W ptu'lson entiOed lMnM-. <br /> <br />991 Ell3IIE) <br /> <br />u <br /> <br />L <br /> <br />L <br /> <br />~ <br /> <br />L <br />