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<br />82 _' t)Q4y34
<br />NEBRASKA DEED OF TRUST
<br />(With Power of Sale)
<br />Amount Financed $ ~ 1~4_~.~L Agreed Rate of Interest nn Principal Amount of Loan 1~_
<br />Principal Amount of Loan $ 11$ .53 Amount of First Instalment $ 2~~~ -_
<br />Total of Payments $_79?g6•oo Amount of Other [natalments $ 26H.00
<br />Annual Percentage Rate .~.9a~! First Instalment Due Date ~~» _, 192
<br />Number of Monthly Instalments ~. Final instalment Due Date 11~P , 19~.
<br />THIS DEED OF TRUST, made this _17th day of NoVeplber_____ _,~ lg_~__.
<br />between Ronald L M; 71 earn ~a~+d Jo nnP M j3; 1 ~~~ huab nd ^nd t.; f ___
<br />whose mailing address is 1427 N ~QWBrd, Gr~i2 Tglt~nd, NE 68801 _
<br />as Ttvstore, Stewart Title Guaranty Com__ ~ ..ny _._
<br />whose mailing address is ~-~~ rB - nd Taland,_I~iFi~e°O1 _______` ,
<br />ae Trustee, and llial Fi nonce Company of Nebraska ___
<br />whose mailing address is __'120 Wen Th; d Street* P_ O~Bp7f 1~ 37 ~,~_ CrAIId 1.6.1^!i, ~ as Reneficiary,
<br />WITNESSETH, Truators hereby irrevocably, grant, bargain, sell. and convey to Trustee in trust, with power of sate, the following de-
<br />scribed property in _;i3ll______.______
<br />------. -_ .County, Nebraska:
<br />Lot Seventeen (1~) itt Block Two (2), Imperial Village, a Subdivision in the City of
<br />Grand Island, Halt County, Nebraska.
<br />Together with tenements, heredicaments, and appurtenances thereunio belonging or in anywise appertaining and the rents, issues and
<br />profits thereof.
<br />This conaeyance is intended for the purpose of securing [he payment to Beneficiary of Trustors' 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 is the Agreod 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 slave. The amount of the instalment payments due on said loan is stated above. The first
<br />and Elba] instalment due dates on said loan are staeed above: Payment may he made in advance in any amount at any time. Default
<br />in making any payment shall, at the Beneficiary's option and without notice or demand, render the entire unpaid balance of said loan
<br />at once due and payable, less any required rebate cf charges tinterest).
<br />To protect the security of this Deed of Trust, Truscor covenants and agrees:
<br />1. To keep the property in good condition and repair; to permu no waste thereof to complete any building, structure or improvement
<br />being, built or about to be built thereon: to resWre 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 affecting the property.
<br />?. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property Cree and clear oC all other charges,
<br />liens or encumbrances impairing the security of this Deed of Tntst.
<br />3. To keep all buildings now or hereafter erected oa the property described herein continuously insured against loss by fire or other
<br />hazards in an amount no. less than the total debt secured by this Used of Trust. All policies shall be held by the Beneficiary, and be
<br />in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then
<br />to the T~~rr~tbS t '~~ collected under any insurance policy rosy fie applied upon any indebtedness hereby secured in sueh order as
<br />the BerlFfir etattine. Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this
<br />lleed»~Ffd~t • wt~ve any default or notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure,
<br />all rights of t#e~Tr m urance policies then in Force shall pass co the purchsser at the foreclosure sale.
<br />4: To obtain ilye w~tett~onsent of Beneficiary before selling, com~eying or otherwise transferring the property or any part thereof and
<br />any each sale, conveyance or transfer without the Beneticiar_v's written consent shall constitute a default under the terms hereof.
<br />t
<br />~. fro defend any action or pt~ceeding purporting to at7ect the security hereuF or the rights ur powers of Beneficiary or Trustee.
<br />6. Should Trusmr fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances nr other charges against the
<br />property hereinabove described, Beneficiary may pay the same, and the amount so paid, with interest at the rate set torch in the note
<br />secured hereby, shall be added to and become a part of the debt secured in this Deed oCTrust as permitted by law.
<br />IT IS MUTUALLY AGREED THAT:
<br />1. 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 thereof as may fie necessary to fully satisfy the obligation secured hereby, shall be paid to beneficiary to be applied w
<br />said obligation.
<br />2. By accepting payment oC any sum secured hereby aRer its due dace, Beneficiary does not waive its-right to reyuire prompt payment
<br />when due of all other sums so secured or to declare default for failure to so pay.
<br />3. The Trustee shall reconvey all or any pan of the property covered by this Deed of Trust to the person entitled thereto, on written
<br />request of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written request for reconveyance made by
<br />the Beneficiary or the person entitled thereto. -
<br />Sgt Etf'+ (NE)
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