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<br />NEBRASKA DEED OF TRUST HZ ""'t) ~ ~ ` 6
<br />(With Power of Sale) Q
<br />Amount Financed $_ 4327• Agreed Rate of [nteresi on Principal Amount of Loan 1;68~
<br />Principal Amount of Loan $ '+`J~7 • ~~ Amount of First Instalment E-_ 12200
<br />Total of Payments $']320.00 Amaunt of Other Instalments $ 122.00
<br />Annual Percentage Rate ~~ First Instalment Due Date 1210 l9 s2 -
<br />Number of Monthly Instalments 60 -. Final Instalment Due Date 1110 , 19~.
<br />THIS DEED OF TRUST, made this to day of _-Plovember _ 19 8~-,
<br />between Irein G. Stoller and Marilyn A. Stoller, Husband and Wife ,
<br />whose mailing address is 1033 S Flum, Grand Island, Nebraska 68801 ,
<br />~ 14.,,ami8 Stewart Title Guaranty Company _
<br />whose mailing address ie 206 NO LOCllSt. Grand Island, NE 68801 _ ,
<br />as Trustee, and Uial Finance Company of Nebraska _ ,
<br />whose mailing address ieP. G. Bo% 13~~a-Grand Iceland, NE 68802 , as Beneficiary,
<br />WCENESSETH, Trusters hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de-
<br />scribed property in _ Hall - _________ County, Nebraska:
<br />All of Lot fifteen (15} ir. Anderson Surdivision, located on part of the Southeast
<br />Quarter of the I4orthwest Quarter (SryoNWy~) of Section Twenty Two (22), Township
<br />Elever_ (11} North, Rarge Nine (~} Ives[ of tae 6th F.I~?., City of Grand Island,
<br />:all County, 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 for the {turpoae~of sgcuring the payment to Beneficiary of Trusters-' promissory note of even date in Ghe
<br />amount stated above as "Principal AntWnt oC Loan". The agreed rate of interest per annum provided for in saidnote is the Agreed Rate
<br />of [merest on Principal Amount of Loan stated above, computed on unpaid balances of Principal Amount of Loan. Said loan is repayable
<br />id the number oC monthly instalments stated above. The amount of the instalment payments due on said loan is stated above. The first
<br />and final instalment due dates an said loan are staetd above. Payment may be made in advance in.any amount at any time.. Default
<br />in making any payment shall, a[ the Beneticiarys option and without notice or demand, render the entire unpaid balanm of said-loan
<br />at once due and payable, less any required rebate of charges linterestl.
<br />To protect the security of this Deed oC Truse. Praetor cotenants and agrees:
<br />1. To keep the property in goad condition and repair, to permit no waste thereof; to complete any building, struMure or improvement
<br />being built or about to be built thereon; to restore premptly any building, stnicture or improvement thereon which may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property.
<br />2. To pay before delinquent all lawful taxes and assesameata upon the property; to keep the property free and clear of all other charges,
<br />liens or encumbrances impairing the security of this Deed of True[.
<br />3. To keep all buildings new or hereafter rrected on the property described herein continuously insured against lose by fire or other
<br />hazards in an amount not less than the fetal debt secured by this Deed of Trust. All policies shall he held by the Beneficiary, and be
<br />in such companies as the Benelician~ may approve and have loss payable first to the Beneficiary as its interest may appear end then
<br />to the TrLLater. The amount collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as
<br />the Benefictiary shall 'determine.- Such application by the Beneficiary shall nut cause discontinuance oC any proceedings to foreclose this
<br />Deed of Trust or cure or'waiavany default or notice of default ur invalidate any set done pursuant m such notice. In the event of foreclosure,
<br />all rights of the Truatehin inauranEe policies then in force shall pass to the purchaser at the foreclosure sale.
<br />4. To ohta?p the `wr~ri e~fisent of Beneficiary before soiling, conveying or otherwise trensferring she 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. Ta defend any action or proceeding purporting to affect the security hereof or the rights ur powers of Beneficiary or Trustee.
<br />6. Should Truster fail to pay when due ant' taxes, assessments, insurance premiums, liens, encumbrances or other charges against the
<br />property hereinabove described, Benetician' may' Pay the same. and the amount su paid, with interest at the rate set forth in the note
<br />secured hereby, shalt be added to and become a pert of the debt secured in this Deed of Trust as permitted by law.
<br />[T IS ML"CLfALLY AGREED THAT: -
<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entjre amount oC the award
<br />or such portion thereof as may be necessary co fully satisfy the obligation secured hereby, shell be paid to Beneficiary to 6e applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after its due date, Beneficiary dues not waive its right to require prompt payment
<br />when duo of all other sums so sex:ured or to declare default for failure to so pay.
<br />3. The Trustee shat) recontey all or any part of the property covered by this Iked of Trust to the person entitled thereto, on written
<br />request of the Ttvstor and the Beneficiary, ur upon sstisfactior. oC the obligation secured and written request for reconveyance made by
<br />the Beneficiary or the person entitled thereto.
<br />391 E82 (tdE)
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