|
<br />I
<br />
<br />84 - 002794
<br />
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />
<br />r
<br />
<br />Amount Financed $_.E101__1G._
<br />Principal Amount or Loan $ 6464.32.
<br />Totol orPoyments $~...QQ_
<br />Annual Percentage Rate 2.fi..bfJ,
<br />Number of Monthly Instalments _~_.
<br />
<br />Amount of First Instalment $_.208~
<br />Amount of Other Instahnents $ <oR .()()
<br />Firs~ lns~lment Due Da.. .luruL2~ 19JLlr
<br />Final [no~almen~ Due Date t,j"y ?9 , 19J1li
<br />
<br />THIS DEED OF TRUST, made thj, 23-, day of ____,'' i'l5l;L~___~,,_~~___ , 19~,
<br />between. fl:;;ryl ~_Srri th and Pep.....l. R.._ 3m; the husband and wife
<br />whose mailin~ addres. i. __l62.2.l{.J'.arl~_i.iJ::Mlt Islan.<:h..l~~!..._@801_
<br />as Trustors, --Ei.r.s.:t-American._~InS1JranC~Q..m~____~ as
<br />Trustee, whose mailing address is _.,,:'L1lLl:... Fifth St, Santa Ana. California 92701
<br />and Norwest FinancIal Nehraska, Ine" whose mailing address is ~~. \-Jebb ~d.
<br />Grand I ~., ii'nrl . --.Na-___,..68a~_~_~______._~_______.___~~_ , as Beneficiary,
<br />WITNESSETH, Trustors hereby irrevocably, grant, bargain. sell, and convey to Trustee in trust, with power' of sale. the following de-
<br />scribed property in ____ ::&11 ____ __~_.__~.____ County, Nebraska:
<br />
<br />Lot One liUl'ldred rc'hirty-nine (139), \,est Lawn Addition to the City of Grand Island,
<br />'[all County, Nebraska.
<br />
<br />Together with tenements. hereditaments. and appurtenances thereunto belong-jog or in anywise appertaining and -the rents, iS8ues and
<br />profits thereof
<br />
<br />This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the
<br />amount stated above as '.Pnnclpal Amount of Loan" The agreed rate of interest per year proVided for in said note is 24% per year on
<br />that part of the unpaid balance not in excess of $1.000, and 23%- per year on any remainder of such unpaid balance (the monthly rate
<br />shall be flne twelfth of the yearly rate!. Said loan IS repayable m the number of monthly inst.alments stated above. The amount of the
<br />instalment payments due on said loan !,:; ~tated above The first and tinal instalment due dates on said loan are stated above_ Payment
<br />may be made In advance In any amount at any time l~fault In making any payment shall, at the Beneficiary's option and without notice
<br />or demand, render the l:'ntlre unpaid balance of saJd loan at once due and payable. less any required rebate of charges (interest).
<br />
<br />To protect the secUrity of thlS Deed of Trust, Tru-st-or covenants and agrees:
<br />
<br />I. To keep the property In good condition und repair: to permit no .....a~te thereof; to complete any building, structure or improvement
<br />being bUIlt or about to be bUIlt thereon; to restore promptly any butlding, structure or improvement thereon which may be damaged or
<br />destroyed; and to comply WIth all laws, ordInances, regulattons, covenanta. conditions and restrictions afl"ecting the property.
<br />
<br />2. To pay before delinquent all lawful taxes and asSessments upon the property; to keep the property free and clear of all other charges.
<br />liens or encumbrances impairing the security Qf this Deed of Trust.
<br />
<br />3. To keep all buildings now or hereaft-er erected on the property deSCribed herem continuously insured against loss by fire or other
<br />bazard&. i.!:L.iID..3:UUQ9-ut..lJot le&iJho.o_tq.e total debt secured by this Deed of Trust. An policies shall be held by the Beneficiary, and be
<br />in such. t..'OlUpa.a.i-es 115.-t.\It}'-~~fic.iary may approve and have JOS8 payable first to the Ben~ficiary as its interest may appttar and then
<br />to the Trustor:. The ,am9'4nt collected under any irumrance policy may be applied upon any indebtedness herehy secured in such order as
<br />the Beneficiary shaH deten~lln~. Such application by tht" Beneficiary shall not cause discontinuance of ahy proceedings to foreclose this
<br />Deed -of Trw.'t or cure or waive. any default Or notice of default- or invalidate any act done pursuant to such notice. In the event of fo~losure,
<br />all rights uf the 1Tust..or m insunllu:e policies then in for~ 8hall pass to the purchaser at-t-he foreclosure liale.
<br />
<br />4. To obtain the written COnsent of Beneficuny beforl:! selling, conveying or otherwise- transferring the property or any part thereof and
<br />any s.uch sale. conveyance or transfer without the BeneficHlry's written consent shall constitute a default under the terms hereof.
<br />
<br />5. fo defend any al'llon or proceeding purporung to alfeel the security hereof or the rights or powers of Beneficiary or Trustee.
<br />
<br />6. Should Trustor fall to ptly whe-n due an)' taxl:.'S, il~SSml:!nts, Ulsurance prenllurns, lien!), encumbrance8 or other charges against the
<br />property hertlinabove det>Cri~d, Beneficiary may pay the same, and t.he amount so paid, with interest at the rate set forth In the note
<br />secured hereby, shall be added to and bei:ome a part ofthl:! debt securoo an: this De.ed ofl'rust as permitted by law.
<br />
<br />IT ISl\IUl'UAlJ,Y AliREEIJTHAT'
<br />
<br />I. In the ev~nt auy portion of the property IS laken or damaged in all eminent domain proceeding, the entire amount of the award
<br />or such portion thertNf as may be necessary to fully satisfy the obhgation secured hereby, shall he paid to Beneficiary to be appHed to
<br />swd obligation.
<br />
<br />2. By ~li;ceptJng, pdyment of any ",um SE:\:uftld her-eby after Its dut: date. l3en<!'ficJary doc:;,; not WalloI.' Its right to .equire prompt pi.\yment
<br />whl:!n due of all oth€"r sums so secured or to dedan> default for failure to 50 PilY
<br />
<br />:i. The Trustee shall reC(lU\'t!') all ur any pIlrt of the pnJ,,">erty l'OVN~ by thl~ Deed of Trutit to the pertion entitled thereto, on written
<br />request of the Tru:lto-r and the Bene1inary, or upon satisfaction of the obligatIOn secured and WrItten requt:lSt for reconveyance made by
<br />the BenefiCiary ur thl: person entitled thcn:to
<br />
<br />990 E63 (NE;
<br />
<br />u
<br />
<br />L
<br />
<br />L
<br />
<br />-.J
<br />
<br />L
<br />
|