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~~.,~" ,'~a TRUS'Y DEED
<br />THIS DFF,D qF TRUST;„made and entered into this~.~._~.~,_~__..__.,._ day o[ _lecember^---_- , 1978
<br />by'and between CHARLES~t~ENTER AND , Trustor,'and +COAASdN'4IEALTH LAND AND TITLE INS,, Trustee,
<br />MARILYN CARPEIdTIItgpSBAND AND WIFE COMPA'aY
<br />and Postal Finance Company, a Nebraska Corporation, Beneficiary.
<br />WITNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and confirm with Power of Sala
<br />unto the Trustee the following described Reat Estate including all buildings, improvements, and fixtures of every kind now
<br />or hereafter erected or placed on the real estate, situated in Hall County, in the State of Nebraska:
<br />Lot .Five (5), in Block Oae (1), in the Le Heights Second Subdivision, being a part of
<br />the NWiaNW'ii, Section Eleven (11) Townshig Eleven (11) North, Range Ten (10) West of the
<br />6th P.M., Hall County, Nebraeka
<br />and possession of said premises now delivered unto said Trustee;
<br />TO HAVE AND TO HOLD the same, with aU rights, privileges, and appurtenances thereto belonging unto tltr Trustee,
<br />his executors, administrators, heirs, and assigns forever. And the Trustor hereby expressly waives, releases, and relinquishes
<br />unto the Trustee all right, title, claim, interest, benefit, and estate whatever, in and to the above-described premises and
<br />each and every part thereof, which is given by or results from all laws of the State of Nebraska pertaining to the exemption
<br />of ho.....stead. And the Tntstor convenar.LS with the Truste~ that he will forever nd t t' t
<br />warrant and defe he rtte to hr sate
<br />against the lawful Maims of all persons whomsoever.
<br />It: TRLIST HOWEVER, for the following described purposes: WHERF..AS, the Trustor did on this date execute a
<br />gromissory note evidencing a loan for the principal amount of S 5016 78 and interest
<br />thereon according to the terms of the note; said note being payable in eoual monthly installments at the office of the
<br />beneficiary; and final payment being due on December 7, 1988 _ ~ 14___
<br />It is agreed by and between parties hereto that until filing of Notice of Default, the Trustor shall: (])pay all present
<br />- and future taxes and assessments, general artd special, against said property before the same becomes delinquent or
<br />actionable; (?} keep al! improverr:ents erected on Lhr land insured tts may be required from time to time by bereticiary -
<br />against loss by fire and other hazards, casualties and contingencies, in such amounts and for such periods as are reasonable
<br />and may be required by beneficiary, and to keep all policies of such insurance in force or effect upon the progeny herein
<br />described constantly assigned and delivered to bcnefic:iarv, lx) pay and comply with all the terms and conditions of any
<br />lien, clairrt or indebtedness that may br senior to or take precedencE of this Trust Deed as soon as any such payment on or
<br />o: Ouch lira, klaies~ or indebtedness ss`4a11 b~-~:amc due; and =.rpon failure of T rustor tc kPep any said agreements, beneftcia~•
<br />'--rnay pay such taxi pity for suet: insurancf or pay Gaff such-liens or claims car indrt>tedness as the ease-may- bc,-and- the _
<br />money so expended with interest at 9';"~ per annum shall be secured by this Trust Deed, and the Trustor agrees to repay the
<br />same upon demand, and upon failure to do so the batanc,~e of the attached note shall become immediately due and payable
<br />at the option of the beneficiary; tQ} specifically confer upon the Truster the power of sale as provided in Nebraska law;
<br />(5) retain possession of the premises and collect [he rents and revenues therefrom.
<br />Upon payment of all the sums secured by this '1'rttst Dred, the Beneficiary shall request the Trustee to rrconvey the
<br />property and shall surrender this Trust Deed and atl notes evidencing indebtedness secured by this Trust Deed to the
<br />Truster. Tnistee shat) reconvey the property without warranty to the person or persons legally entitled tltrreto; but if
<br />default he made in the paymene of said Harr or any part thereof or any of the interest thereon when dUe or in the faithful.
<br />t?rsfortnanic of any or either of said agreements as aforesaid, then the whale of said note- shall become due and he paid as
<br />hers-inat'ter provided, and this dead shall remain in force; the truster or his attorney may proceed to sell the property in
<br />its entirety or in parcels at the option of the truster hereinbefore described at public auction, to the highest bidder, t'or
<br />cash. However, the power of sale herein conferred upon the trustee shall not be exercised until (1 }the trustee shall first
<br />t`ste for €c~c?rd, in the ?t'fiEe of the rr~ster of deeds of each county wherein the trust psuperty or slime part or parcel
<br />thereof is situated, a notice of default, identifying the tntstee by stating the names of the trustor and names therein and.
<br />giving the book and page where the same is recorded, a description of the trust property, and containing a statement that
<br />a breach of an c~tigation for which the trust property was conveyed as security has occurred, and setting forth the nature
<br />of such breach and of his election to seta or cause to be sold such property to satisfy the obligation; and (~) at'ter the lapse
<br />of not less. than ortr mont}t, the trustee shall. give notice. of sale as provided by Nebraska law. After notice of default and
<br />lapse of not less than one-month, the trustee shalt give written notice of the time and place of sale particularly describing
<br />the property So be sold by publication of such notice, at least five times, once a week for rive consecutive weeks, the last
<br />publication to be at least 10 days but nog more than 30 days prior to the sale, in same newspaper having a general
<br />circulation in each county in which the property to be sold, or some part thereof, is situated. Upon such sate, the tnuster
<br />shalt execute and deliver a deed of conveyance of the groperty sold to the purchaser or purchasers thereof and any
<br />statemenC or recital of-fact in such deed in relation to the exercise of the power of sate and salt of the property described
<br />jai ttat>, ~... ~o.M,
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