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<br />TRUST DEED
<br />THIS DEED OF TRUST, made and entered into this 17th day of January , 1980
<br />by and between AGNES tt. area ,Trustor, and~RT!L*SONWEAr.2H~,0taD atJn 272LF iNS ,Trustee,
<br />COI~ANY
<br />and Postal Finance Company, a Nebraska Corporation, Beneficiary.
<br />WITNESSETH: That the Truster do by these presents grant, bargain and sell, convey and confirm with Power of Sale
<br />unto the Tntstee dte following described Real Estate including all buildings, improvements, and fixtures of every kind now
<br />or hereafter erected ar placed on the real estate, situated in Hall County, in the State of Nebraska:
<br />Lot b Pier Park Sub in the Citp of Grand Island, Hall County, Nebraska
<br />and possession of said grrntires now delivered unto said Trustee;
<br />TC7 `Hflv`E-AND TrJ HvLD the same, with all tights, privileges, and appurtenances. thereto belonging unto the Trustee,
<br />Isis execsrtots, administrators, heirs, and assisrts forever. And the Trustor hereby expressly waives, releases, and relinquishes
<br />tmio ilia Trustee all tiglti, title, claim, interest, benefit, and estate whatever, in and to ilia above-described premises and
<br />each sad every gate thereof, which is given by or trsults from all laws of the State of iebraska pertaining to the exemption
<br />of Itsmestesd. Ate Lhe Trustor convenanis with the Trustee that he will forever warrant and defend the title io the same
<br />agaitast the lawful claims of all .persons whomsoever.
<br />tAi TRUST HQIVJE1rER, far the foLou~ing des~tbed purposes: WHEREAS, the Trustor did on this date exe^,ute a
<br />~' note evidenpng a loan far the principal amount of $ b999.5? _ snd interest
<br />ate ~ to she terms of the note; said note being payable in equal mon#hh installments at the office of the
<br />ficiary; and final payment being due on 3anuara 22 , l ~ g~ ,
<br />it is agreesi by artd between parties hereto that until filing of Notice of Default, the Trustor shall: t I) pay all present
<br />and ftriutr taxes sad acmc«~ents, general and especial, against said property before the same becomes delinquent or
<br />artioaabla; {'?;I keep all improvements erected on the land insured as may be required from time to time by beneficiary
<br />age kris by fire and ether haaatds. rastaalties and contingencies, in suit amounts and for such periods as are reasonable
<br />ae~ troy be rt+grtetrl by beneficiary, and to keep aB policies of suit insurance in farce or effect upon th. property herein
<br />~ ~ armed and delivered to bezrefniary, t33 gay and tx3mgly with all ilia terms and cortdiuons of any
<br />~aa, e3aiat tar ~ that may be senior to or take preacetlence of this Trust Deed as soon as any such payment on or
<br />~ ~rflh tii7r, ~ of iadelatedness shall bectutte due. and upon failure of Tnrsior to keep any said agreements, beneficiary
<br />map pay n~ twat, gay for su+dt insurantx ar pay off suit liens or claims ar indebtedness as the case may ~, and the
<br />money so ttptaded with interest st ~"r per annum shalt be secttred by this Tnrst Decd, and the Trustor agrees to repay the
<br />satire upon deatemad, and upon failure to do sn the balance of the attached note shall become immediately due and payable
<br />~ iris etf stir berreticiary; (~~ specifarslly ~~ara€er upon the Trustee the power of sale as provided in Nebraska law;
<br />t3D» p~ ~'tlte ptt~aittises and collect tlt~ rerru and revenues therefrom.
<br />Llgaw paymc~it tat cell the sttms Tuned by this Trust Deed, the Beneficiary shall request the Trustee to reconvey the
<br />pmpaaty amd strnscrrder ibis Trust Deed and all notes evidencing indebtedness secured by this Trust Deed to ilia
<br />Tttitdoe_ Ttt~tae sh~l ttxottvey the property withatit warranty to the person ar persons legally entitled thereto; but if
<br />~ bt made in the payment of said mote or $ny part. thereat or any of the interest thereon when due or in the faithful
<br />of any car either ctf said atrznts as aforesaid, then the whale of said notz shall become due and be paid as
<br />r grtaviAed, and this dtsz+d shall rti<main inn fon:e; the trustee or his attorney may proceed to sell the property in
<br />i~ ~ err in gatuels at ttx ogdtrn cf the irrrstet h~irrtnefote dest:ribctt at public auction, to the highest bidder, far
<br />+~_ ~; the pourer of sale hetesa otanfeacd upon tlse trustee shall not be exercised until ji) the trustee shall first
<br />Sire i~ naeord, ~ the od'fice of sire r+esistra of deeds of each catutcy= wherein the truss property ar some part ar parcel
<br />~ ~, s notice +ani' Wit, 'tigeatif}~ trri~z by stating the names of the Trustor and names themin and
<br />ttie taraait ati+d palgz where tits s;tsttr is rtrxsrded, a description of Llre trtist property, and containing a statement that
<br />a txtur~r of ~ o~igation i~ whic3i thG irtits property was conveyed as security has recurred, and setting forth ilia nature
<br />tai' iit~ fits sad ~' fish de>~iott to ar carne io be sold such property to satisfy the obligation; and 1?') after the lapse
<br />~' a ti~a 3ttan imt ttaeant$r, itie ttt. r3talt give native of sale as provided by Nebraska law. After notice of default and
<br />' #bl' tt~i title tttroeatli, the #austrx shall give written notirz of ilia sane and place of sale particularly describing
<br />t~pa'p ~ tee sold by ptrbllcatiosr of taidr notice, at hrest five times, once a week far fee consecutive weeks, the last
<br />pub: its tae at l~ Ill but Prot mere than 3Q days prior to the sale, in some newspaper having a general
<br />'im tit afuat3' in evhirh the ptt:pity to be solo, or some part thereof, is situated. Upon such sale, the trustee
<br />> anti ikilirer..a d~ cif exaix~yatte~ of the gttsperty sold to the purchaser or purchasers thereof and any
<br />' Wit' at r~tat eat' fact in such decd its relation to the exercise of the power of sale and sale of the property described
<br />sacti;stet.. cwt
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