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1 82 `~ ~ ~ 5 ~ 3 S? PAGE ~ NEBRASKA DEED OF TRUST (W:ih Power of Sale) r Amount Financed $ 66 •11 Agreed Bate of Interest on Principal Amount of Loan 1-405E Principal Amount of Loan,$3Qt~~59 Amount of First Instalment 329~.4Q__ Total otPayment~ $ 9696.00 Amount of Other Instalments $ ?O?-00 Annual Percentage Rate ~ First [nstaiment Due Date12~PQ , 1982. Number of Monthly Instalments ~-_. Final Instalment Due Dete ~ ~ ~?Q , 1986. THIS DEED OF TRUST, made this _Z3-_. da of NneemhPr 19__$x_., betweenJimmy L Meyer aad Jean M. Meyer Husband & Wife , ' whose mailing address is '11101 WBat 1st St Grand Ialand. Ne 6$801 , ~ Tr„atore, Stexart Title Guaraat~Comp~~ whose mailing address is 206 NOr~h LOCUS, Grand Island, Ne 6$801 , as Trustee, and Dial Finance Company of Nebraska , whose mailing address is P 0 BOR 1~3 Grand IBland~ Ne 6$802 , as Beneficiary, WPfNE33ETH, Trustors hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of sale, the following de- COilti ~~ pro~rty rn Ha_~ County, Nebraska: thence Northeasterly along the Northerly line of said alley Forty Three (43) feet more or less, to a point Eighteen (18) feet Westerly from the Southeasterly corner of Lot "A" of Elm Place Addition, thence Northeasterly parallel xith the Easterly line of said Lot "Alt One Hundred and Thirty Two (132) feet to the Southerly line of First Street; thence Southeasterly along the South line of Fisrt Street, Forty Three (43) feet, more or less, to the place of beginning, in the City of Grand Tsland, Hall County, Nebraska Together with tenements, hereditamenta, and appurtenances thereunto belonging or in anywise appertaining and the rents, issues and profits thereof. This conveyance is rntended for the purpose of securing the payment to Beneficiary of Trus'tors' promissory note of even date in the amount stated 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 instalments skated 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 scaetd above. Payment may be made in advance in any amount at any time. Defauh 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 (interest). To protect the security of this Deed of'frust, Trustor covenants and agrees: 1. To keep the property in good condition and repair; to permit no waste thereof; to cromplete any building, structure or improvement being built or about m be built thereon: to restore promptly any building, structure or improvement thereon which may be damaged or destroyed; and to comply with ail laws, ordinances, regulations, covenants, conditions and restrictions affecting the property. 3. To pay before delinquent all lawful taxes and assessments upon the property; to keep the property free and clear of all other charges, liens or encumbrances impairing the security of this Deed of Trust. 3. To keep all buildings now or hereafter erected oa the property described herein continuously insured against loss by fire or other hazards in an amount not less than the Wtal debt secured by this Ueed of Trust. All policies shall be held by the Beneficiary, and be in such~,ppap~p~g a~}~e. Beneficiary may approve and have loss payable first to the Beneficiary as its interest may appear and [hen to tkte '1~A, istoT.'IT?'e s~fd~ittit collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as the neficiary 9haB' determine. Such application by the Beneficiary shalt not cause discontinuance of any proceedings to foreclose this Deed of Trust or cure or waive any default or notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure, all rights ofthe Tttitit0>i'in insurance policies then in Force shall pass [o the purchaser at the foreclosure sate. 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. 5. To defend any action or proceeding purporting to affect the securky hereof or the rights or powers of Beneficiary or Trustee. 6. Should Trustor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges against the .,, property hereinabove described, Beneficiary may pay the same, and the amount so paid, with interest at the rate set forth in the note +, ~ ~~-Secured hereby, shall be added to and become a part of the debt secured in this Used of Tn[st as permitted by law. yS ~ IT IS MUTUALLY AGREED THAT: 1.'Ih..4he-event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award or ~stt~r ~ rgon thereo[ as may be necessary to fully satisfy the obligation secured hereby, shalt be paid to Beneficiary W be applied to said oblition. 2. Liy~cceptfng payment of any sum secured hereby after its due date, Beneficiary does not waive its right to require prompt payment when due o"~'all other sums so secured or to declare default for failure to so pay. 3. Thee Trustee shall reconvey all or any part of the property covered by this Used of Trust to the person entitled thereto, on written ' - request of the Truetor and the Beneficiary, or upon satisfaction oC the obligation secured and written request (or reconveyance made by - the Beneficiary or the person entitled therein. 991 Ef32 (NE) J