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-sr-- , s T'IC.US tl' r71''~1:D ?3-- ~~: THIS DEED OF TKUST, rnacl,e and. entazred into this____.13.t1~t_,._ _..._.._. _. d;r}• ot'______II]cecenb,e>`_....__ . .._.__.. I x;~?9,--- by and between AKDELLA PACE ~_CrF'Nh~TH PRISE ,Trustor, and COZ~IOh'WI;AI,TH LAND AND TITEE INS, , "Cntstee, WIFE AND HUSBAND COIMPANY and Postal Finance Company, a Nebraska Corporztion, Eleneficiary- WITNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and conSrm with Power of Sale unto the Trustee the following described Real Estate including alt buildings, improvements, and fixtures of every kind now or hereafter erected or placed on the real estate, situated in Hall County, in the State of Nebraska: The Northerly One'Half (n'~) of Lot Four (4}, Block One Hundred Thirty-Three (133} in Union Pacific Railway Company's Second Addition to the City of Grand Island, Hall County, Nebraska and possession of said premises now delivered unto said Trustee; TO HAVE AND TO HOLD the same, with all rights, privileges, and appurtenances thereto belonging unto the Trustee, his executors, administrators, heirs, and assigns forever, And the Trustor hereby expressly waives, releases, and relinquishes unto the Trustee all right, title, Maim, interest, benefit, and estate whatever, in and to the above-described premise, and each and every part thereof, which is given by or results from all laws of the State of Nebraska pertaining to the exemption of homestead. And the Trustor convenants with the Trustee that he will forever warrant and defend the title to the same against the lawful claims of all persons whomsoever. IN TKUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a ~'~"protttissory note evidencing a loan for the principal amount of gi_949.57 and interest thereon according to the terms of the note; said note being payable in equal monthly instsllments at the office of the beneficiary; and final payment being due on T)P~emt,ar 1 g, i gRt;_ ~____~_ - 19 It is agreed by and between parties hereto that until filing of Notice of Default, the Trustor shall: (1) pay all present and future taxes and assessments, general and spe;,ial, against said property before the same becomes delinquent or actionable; f2) keep all improvements erected E:n the land insured as may be required from Titne to time by beneticiary .'against loss by fire and other hazards, casualties and contingencies, in such amounts and for such periods ac are reasonable and relay be required by beneficiary, sand t.? keep all policies of such insurance in force ur effect upon the property ltarein described constantly assigned and delivered to beneficiary, (3) pay and comply with all the terms and ct>nditions of any Tien, claim or indebtedness that may be senior to or take precedence aT this Trust Deed as soon as any such pa}°ment on or elf such Nett, claittz c?r indebtedness shaCl become due; an; upon failure of Trustor to keep azty° said agree:ie2nts, bzttzficiaiv may pay such tax, pay tar such i,r utu°n~e or pay nff such liens .~- Maims or indebtedness as the case map be, and the money so expended with interest at 9'< per annum shall be secured by this Trust Decd, and the Trustor agrees to repay the same upon demand, mtd upon failure to do so the h.tiance of [he attached note shall become immediately due and payable at the option of the beneficiary; lal specifically conTer upon the Trustee the power of sale as pmvided in Nebraska taw; (S) retain possession of the premises and collect the rents and revenues ihercfrom. Upon payment of all the sums secured UV this Trust Deeti, the Beneficiary shall request the Tntstee to reconvey the property and shall surrender this Trust Deed and all notes evidencing indebtedness secured by this `Crust Deed to the Trustee. Trustee shall reconvey the property without warranty to the person or persons legally entitled thereto; but if default he made in the payment of said note or any patt thereof or any of"the interest thereon when dr.e nr in rhr faithful performance of any or either of said agreements a.~ atirresaid, thzn the w°hole ut sari note sltal! become due anei hr p:+id a_s hereinafter provided, and this deed shall remain in force; the trustee or his attorney may proceed to sell the property in its entirety or in parcels at the option of the trustee hereinbeCare described at public auction, to the highest bidder, for cash. Eiowever, the power of sale beet in conferred Upan the trustee shall not he exercised until (1) the trustee shall first file Car record, in the nffice of the register of deeds of eas;h county wherein the trust property t?r some part. or parcel thereof' is situated, a notice of default, identifying the krustee 6y stating the natures of the Trustor and names therein and giving the book and page where the same is recorded, a description of the trust property, and containing a statement that a breach of an obligation far which the trust property was conveyed as security has occurred, and setting forth the nature of such breach and of his election ko sell or cattle to he sold such property to satisfy the obligation; and (?)after the lapse of not less than one month, the trustee shall give native of sale as provided by Nebraska law. After notice of dei'uult and lapse of not less than one month, the trustee shall give written notice of the time and place of sale particularly describing the property to be sold by publication of such notice, at least five times, once a week for five consecutive weeks, the last publication to be at least 10 days but not .Hare than 30 days prior to the sale, in some newspaper having a general circulation in each county in which the property to be sold, or some part thereof, is situated, Upon such sale, the trustee shall execute and deliver a deed of conveyance of the property sold to the purchaser or purchasers thereof and any statement or recital of fact in such deed in relation to the exercise of the power of sale and sale of the properly described zeattryEl.~-,Wa,