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82--~0050~? ~'- NEBRASKA DEED OF TRUST ~p (Winn Power of Sale) Amount Financed $~2~.,2st. ~1_ Agreed Rate of Interest on Principal Amount of Loan1 •~ ': Principal Amount of L.oan3$ 7029.59 Amount of First Instalment $ 9f17_O!) Total of Payments $ 9696.E Amount of Other Instalments $202. Annual Percentage Rate 20•~ First Instalment Due Pate 12/9 , 192 Number of Monthly [natalment ~ Final Instalment Dve Date 1'j~9~ _, 19.86. THIS DEED OF TRUST, made This _z~ da} ~' _ No ntt~ 19._82.._, between •t~mmv >. never ana .ie~ In rlev~r n so na na wl.ze , whose mailing address is 11+01 6aest 1Ft S +r^nd Tsl=nd}N~~.8801 , as Trustors, Steward Title Guaranty Company whose malting address ie 206 North Locust _ Grand Island Ne 68$01 , as Trustee, and Dia] Finance Company of _ Nebraska , whose mailing address is P.O. Box 1~7i Grand Island, Ne. 68802 as Beneficiary, WITNESSETH, Truators hereby irrevocably, pran[, bargain, sell, and convey to Trustee in trust, with power of sale, the follovring de- scribed property in H~ 1 County, Nebraska: a tract of land described as commencing at a point on the South line of First Street, in the city of Grand Island, Hall County, Nebraska, at a point Eighty Six feet Easterly from the Northwesterly corner of Fractional Lot Oae (1), in Fractional Block Twenty One (21) of Palmer's Subdivision of Lot Seven (7) of the County Subdivision of the Southeast Quarter of the Southwest Quax-ter (SE yS SW 7~) of Section Sixteen (16), Township Eleven (11) North, Range Nine(9) tdest of the 6th P.M., rrtnniag thence Southeasterly parallel with the Westerly line of said Lot One (1), One Hundred Thirty Two (132) feet to the Northerly alley line between First and Division Streets; Together with tenements, hereditamenLS, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and profits thereof. This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustorn-' promissory note oC even date in the amount slated above as "Principal Amount of Loan". The agreed rate of interest per annum provided for in said note is the Agreed Rate of Interest on Principal Amount of Loan stated above, computed on unpaid balances of Principal Amount of Loan. Said loan is repayable in the number of monthly instalmenis stated above. The amount of the instalment payments due on said loan is stated above. The first and final instalment due dates on said loan are staeed above. Payment may be made in advance in any amount at any time. Default in making any payment shall, at the Beneficiary's option and without notice or demand, render the entire unpaid balance of said loan at once due and payable, less any required rebate of charges innterest). To protect the security of this Deed cf Trust, Trus[or covenants and agrees: 1. To keep the property in good condition and repair, to permit nc wasie thereof: to complete any building, structure or improvement being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may he damaged or destroyed; and to comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the property. 2. To pay before delinquent all lawful taxes and assessments upon the property: to keep the property free and clear of xil ocher charges. liens or encumbrances impairing the security of this Iked of Trust. 3. To keep all buildings now or hereafter erected on the property described herein eontmuously insured against loss by fire or other hazards in an amount not less Than the [oral debt secured by this Ueed of Trust :U1 policies shall be held by the Beneficiary, and be in such companies as the Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and then to the Trustor. T $rr~ou~nt collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as the Beneficiary sh~a I -d[fl~rininACSuch application by the Beneficiary shall not cause discontinuance oC any proceedings to foreclose this , Deed of Trust or cure or waive any default er notice of default or invalidate any act done pursuant to such notice, lu the event of foreclosure, all rights of the Trustor in insurance policies then in Corte shall pass to the purchaser at the foreclosure sale. 4. To obtain the written consent of Beneficiary before selling, conveying or otherwise transferring the property or any part thereof and any such sale, conveyance or transfer without the Beneficiary's written consent shall constitute a default under the terms hereof. 6. i o defend any action or proceeding purporting to affect the security hereof or she rights or powers o(Beneficiary or Trustee. 6. Shotild Trustor fail to pay when due env taxes, assessments, insuranrn premiums, liens, encumbrances or other charges against the property hereinabove described, Beneficiary may pay the same, and the amour[ so paid, with interest a[ the rate set forth in the note secured hereby, shall be added to and become a pats of the debt secured in this Deed of Trust as permitted by law. IT IS MUTUALLY AOREEU THAT: 1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award or such porUun thereof as may be necessary to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to be applied to said obligation. 'l. By accepting payment of any sum secured hereby aRer its due date, Beneficiary does nut waive its right to require prompt payment when due of all other sums so secured or to declare default for failure to so pay. 3. The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto, on written request oC the Trustor and the Aeneficiary, or upon ea[isfaMion oC the obligation secured and written request for rewnveyance made by the Beneficiary or the person entitled thereto. 99t E82 {NE) `See page 2 for continuation dS legal description