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<br /> Amount Financed 31 4- Agreod Rate of intarrst on Principal Amount of Lean 1A L%
<br /> Principal Amount of Doan S-IQ644•35 Amount of Fir4 Inecalment
<br /> Total of Payments S-1-4232.M Amount of Other InAaiments
<br /> Annual Percentage .Rate 19 1 ,c First Instalment Due Date t t-- 19iL4_
<br /> Number of Monthly Instalments-143- - Final Instalment Due Date Jan - 25. 14~&.
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<br /> THIS DEED OF TRUST, made this 1Z-- day of _ rin ---19
<br /> between 3'
<br /> whom mailing addressa is -711 trepx,.,
<br /> &< Trustore, StEyit3T_ ..Ti tl fs [;utnrarrLy_t; pc' 1r ~ - -
<br /> whose mailing address is Y ~.Q. Pa'1p 2D29 H011n
<br /> as Trustee, and Norwest Financial Nebraska, Inc., whoa! mailing address is 2 2_R..,_V>r1)h Rd.
<br /> as Beneficiary,
<br /> WITNESS-711, Trustors hereby irrevocably, grant, bargain, sell, anti convey to Trustee in trust, -with power of sale, the following de-
<br /> scribed property in _ County, Nebraska-.
<br /> Lot Eight (8) in Island Acres No. 7, a Subdivision of part of Fractionzl Section Seven (7);
<br /> part of the West Half of the West Half (W~j1 ) of Section Eight (8); and part of Lot Twenty
<br /> Your (24), 161and Acres, all in Township Eleven (11) North, Range Rine (9) West of the
<br /> 6th P.M. in the City of Grand D51and, Nebraska.
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<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 purpase of securing the 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 Agreed Rate
<br /> of Interest on Principal Amount of Loan stated above, computed on unpaid balances of Principal Amount of Doan. Said loan is repayable
<br /> in the number of monthly instalment,: stated above. The amount of the instalment payments due on said loan is stated above. The first
<br /> and final instalment due dales on said loan are staetd above. Payment may be 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 of charges (interest).
<br /> To protect the security of this Deed oCTrust, Trustor covenants and agrees:
<br /> 1. To keep the property in good condition and repair; to permit no waste thereof; to complete any building, structure or improvement
<br /> b9ing built or about to be built thereon; to restore 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 /> 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 of this Deed of Trust.
<br /> 3. To keep all buildings now or hereafter erected on the property described herein continuously insured against lops by fire or other
<br /> hazards in an amount not less than the total debt secured by this Deed of Trust. All policies al-tall 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 Truster. The amount collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as
<br /> the Beneficiary shall determine. Such application by the Beneficiary shall not cause discontinuance of any proceedings to foreclose this
<br /> Deed of Trust or cu•e or waive any default or notice of default or invalidate any act done pursuant to such notice. In the event of foreclosure,
<br /> all rights of the Trustor in insurance policies then in force shall pass to the purchaser at the foreclosure sale.
<br /> 4. To obtain the written cunsent of Beneficiary before selling, conveying or otherwise transferring the 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. To defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee.
<br /> 6_ Should Trustor fail to pay when due any taxes, assessments, insurance premiums, liens, encumbrances or other charges against the
<br /> property hereinabove described, Beneficiary may pay the same, and the amount tvi paid, with interest at the rate set forth in the note
<br /> secured hereby, shall be added to and become a part of the debt secured in this heed of Trust 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 on eminent domain proceeding. the entire amount of the award
<br /> or such portion thereof as may be remssary to fully satisfy the obligation secured hereby, shall be paid to Beneficiary to be applied to
<br /> said obligation.
<br /> 2. By accepting payment of any sum secured hereby after its due date. Beneficiary does not waive its right to require prompt payment
<br /> when due ofall other sums so secured or to declare default for failure to so pay.
<br /> 3. The Trustee shall reconvey all or any part of the property coverc*d by this Deed of Trust to the person entitled thereto, on written
<br /> request or the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written requec' for reconveyance made by
<br /> the Beneficiary or the perrwn entitled thereto.
<br /> 991 E93 (ME)
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