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<br /> � iQ10W ALL MF�1 BY THESL' PRESENTS: that Mark D. Stelk and Wa�da L. Stelk� tnubend
<br /> _�:"' --��- and wife � heselualter re�arred to ae tha Truotor"'� to �- �""' " ..
<br /> � • ` •ecuxa a Nate beasing avea date har�ith for tha princlpal aoount of '�CY nic�e ct�a�,sad �
<br /> --��, � three h�ndied se�enty nine ard 14/IOo-- Dollaro ($ ��379. ) payable _
<br /> ��'''``'`' ta tbe order of GRAND ISLAI�ID INVESTMENT COMPANY, hareiaafter refersed to as the _
<br /> �� �' "Beatficiary"� providing for payment of tha antire priaaipai b�laace� togethez
<br /> x , vith iatereot at the rate of l0.9 arcenx ( 10•9 z) per annum. �
<br /> •� in sonthly inatallmeate of c t rty se�en and 3U/IOU— -` `--`---
<br /> • - '�, Dollare ($ 6 .30 ) each uatil �rY . 19 , at �''----
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<br /> which tima all principal and interest providad for by thie Note ehall have been paid, �„�,_,____�__
<br /> , do herebq graat snd convey until AR@ID R. BMOK, ACtoraey at Law. the "Trustee". ��
<br /> '•;,� � J` the follwiu�-deacsibsd properey:
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<br /> � Int Otre (1), Blodc Seve��teen (17),Fair View Pazk Additian to the City of Grand Isl�d, Hall Ca�tity, '�°r�^--���'`
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<br />_ �� ' . , TO HAVE AND 1�4 HOLD the eame, together with all appurtenancea, in truat
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<br /> ,.'�;;•:. ,., ,: : •. ' ,, nevesthele�s, aad iu caese oi de�aulE iu Eha �+sym�ut af aeid Na3ta oi any part - • • -_°
<br /> '' '•:i � , ��;'; . thereof or interest thereon or in the performance of any covenant hereinafter _ _ ___-_:._.
<br /> ,'��',.�.��' ' ' ��• '� ' set forth� tbea the Truatee shall have the power to se11 the above-described -_----
<br /> `� � � �4�'��'�'�� ' . propertq, and upon sequest of the Beaeficisry. the Trustee ahall file for record ""
<br /> , � �i•:��..::.• r.-:.�:�_-�-.
<br /> � �'��"'-�. ' in the Regiater of Deeds' Office of H�11 Couaty, Nebraek�� a Notice of �, �• _-•_.
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<br /> ,,; '• 'r. Default� setting forth tbat a breach of an obligation, for which the said property �,;__.:.,,.�,���W---
<br /> wae coaveyed as security, hae occurred. and aettiag forth the nature of such ' =_
<br /> breach and the Truatee's electioa to sell the property to eatisfy the obligatioa; ��,��;�� •
<br /> and af ter the lapne of not lesa than one (1) month, the Truatee ehall give �+�:,s���.���
<br /> written notice of the t3ae and place of sale which may be between 9:00 a.m. and t�,4`:�{��.-� .�
<br />- 5:00 m. at the remises. or aC the Hall Couat Courthouee and articulasly {```•�;�,` '� : _:
<br /> P• P Y � P 1.. '�•. ,.,:, ,._�
<br /> . . �,;�' deecribing the property to be sold; said Notice to be pubiiehed in a newspaper of -•°���;..-`
<br /> . a general circulation in Hall County� Nebraeka� once a wesk for five (5) � ; , _- -
<br /> • conaecutive aeeica, tha last publication to be at leaet ten (LO) daye but not -
<br /> � •. more than thirty (30) days prior Co the sale; and the Truatee ehall thea sell eaid �; � -
<br /> propertq at the C�me and place designated in the Notice. in the manaer provided ,,.,. _ a
<br /> r ° �� . by law ia effect at the time of filing said Notice, and public auction to the � ' ""�"`.�`=�
<br /> f , highest bidder for caeh and ahall deliver to such purchsaea a deed to the propertq � �'._=
<br /> • sold. consietent with the law in effect at that time. Additionally� Truetee shall �.-.l.,�: �:���'s'
<br /> �ti.s�, ,-
<br /> ,. . ' mail Trustor a copy of any Notice of Default aad Notice of s�le hereunder : �";.,:.:
<br /> ' . .� upoa def ault addressed to them at 2021 N Sheernraai, Grand Island,AE 68803 Out of the � •
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<br /> . proceede of eaid sale� the Trustee shall retain and pay firat all fees, charges �''� ,
<br /> and coate of eale aad all moaies advanced in the exercise of the power of eale. � �'�
<br /> including the payment of the Trustee's feea actually incurred� end pay second ,
<br /> - the obligationa aecured by this Deed of Trust; and the balance, if any, shall be ' •
<br /> � paid to the person or persons legally entitled thereto. Any person� includiag the ���
<br /> Beaeficiary� may purchase said property at euch s�le.
<br /> The trustor covenants that at tt►e time of delivery of these preseats. , �
<br /> they are seized of said property in fe� simple. and that said property is free
<br /> of eacumbrances� excepC encumbraacea� easements, rights-of-way, restrictions and
<br /> reaervationa of record, and they will properly m�intain the property, keep all � .
<br /> buildiage inaured for f ire and extended coverage in an amount equal to the
<br /> � � unpaid balance of the aforesaid Note, with loas payable to the Beneficiary� and ;
<br /> -� �- wiii pay aii taxea ana assesaments againsc eaid property and amounca due on prior
<br /> encumbrancea� and if they shall fail tu pay insurance premiuma or taxes on
<br /> � ' ` , amounta due on prior encumbrancea, the Beneficiary may pay tlze a+une and all
<br /> amounta ao paid shall become additional indebtedness due hereunder; and in case
<br /> • , of forecloaure. Trustor will pay any reasonable attorney fees incurred Uy
<br /> � Beneficiary or Truatee in such foreclosure proceedings.
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