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<br />T1{IS DEED OF TRUST, made and etstetxd rota this _~ftt*s.__~._ day of , 19~._. <br />-AprtY--- <br />try and between $43th D. Stables and _,~ytt E_ _Sts~tatstor, and r' st rh t a a 2 ~ ~ - , Tom, <br />Htsasbatad a:ict pffe <br />and-Posh Finance Company, a Mebtaska Corporation, Beneficiary. <br />WiTNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and co»firnt with Powaol'Sale <br />unto the Trustee the following described Real Estate including ail buildings, improvements, and Gxitrt'es of every trine! nciw <br />ar hereafter erected or placed on the real estate, situated in flail County, in the State of N~raBta: <br />ivt ~i3itcon f i`v} , in ieriu' ncre:s it~oCr ~%5t f i; j , u LE~'iint of urt» riirictcf~i f i7} <br />asad lrrentq (2A}, Island Acres, ally of Grand Island, Raii County, Nebraska. <br />and possession of said premises now delivered unto said Trustee; <br />TO HAVE AND Tt3 HOLD the same, with all rights, privileges, and appurtenances thereto belonging unto the Trustee, <br />his executors, administrators, heirs, and ass~ans forever. And the Trustor hereby expressly waives, releases, attd relinquishes <br />unto the Trustee all right, title. ~}aim, interest. t+eneflt, and estate whatever, in and to the above-described premises and <br />each and every part thereof. which is given by or results from ail laws of the State of 'debraska pertaining to the exemption <br />of homestead. And the Trustor convenants with the Trustee that he will forever watsant and defend the title to the same <br />against the lawful claims of all persons whomsoever. <br />tN TRUST Ht}WEVER, for the iGitowing described purpvses: WHEREAS, the Trustor did on this date execute a <br />promissory note evidencing a loan tar the ptincipai amount of S._.(a9fl3_SI_..______--_._-__...._.____ -___ .________._ and interest <br />[hereon acs:ording to the terms oi' the note: solo note being payable in equal monthly installments at the office of the <br />hrnef`iciary: and final payment being due vn ______._.fiAZi t °~_1.4$~-_.___.-_._.-- .-_-_-._--_-_-- -- -____._.. . 14___.__- <br />It is agreef} by and between parties hereto that until filing:if R'vtrce yr 1?et`ault, the 'Truator she}I: t ! t pay a1I presznt <br />and i~uturo taxes and assrssrttents, urnrral and sprriai, attainst ;aid property before the same becomes drhnyuent ur <br />actionable; t'} keep ail imlxosements erected on the land snsured .~ may he rryuired frvtu tour to Lmr by hrneliciary <br />against toss »y lire and other htr;tards, castralttes and eontingencses, sn such amounts end for such periods .n are rrasortahlr <br />anti Wray be rryuired hy' ~rtrficiary. and to keep a31 izah.:ie3 Zrf t+ucis utsurartce in cater ar effect upon the }property iterem <br />d~r;brtl tx>nstantly _~~ and delivered to ~nrfrciat•y, s3 s pay and ~ompiy xith all thx tern,, and conditions of xnv <br />lien, claim or indebtedness that may be senior to yr take precedrn€~ of this Trust l?red as svan as any su€h payment to ar <br />€sf such lien, claim yr indebir+jness sizail hr~utzte €iue; and upon fai}ure of lrwtor tv keep any .aid agreements, brnrti~iary <br />may pay such tax. pay for su:h utsurancr or pay calf such liens or iiaims ar tndeb[ednras ss the case. stay hr, and the <br />money so expended with interest at 9~y per annum shall br sec-urrd by this Frost Uer€i, and the Crustur agrees to repay the <br />tiatne upon demand, and upon failure to dp sa the balance of the attached note ;hall become irrtmrdietriy due and payable <br />ai the option of the banal"t€;iary; iy! spctitficalty confer upon the Trustee the power of sa}r as provided m \ehraska law: <br />(~) retain possession of the premise, and Cvikct the rents and revenues theeefrom. <br />Ulxm payment at' al! the sums secured by this -trust deed, the fleneficiarv ,hall rryues[ the Tnuter to reconvey the <br />property and shall surrender this 'Frost Deed and all notes rviden€ing indebtedness secured by this Trut Dead to the.. <br />Truster. Trustee shall recvnvey the property without warranty- tv the {iron or persons legally entrttet! thereto, but st <br />default l+e made in the paysneni of said note or any Dart thereof c}r anv of the interest thereon when ilur ar in the tatthfui <br />perfonnanee of arty ~ either of said :tgrremrnts as aforesaid, then the whole of said nvtr shall hecvtae due and br paid es <br />hereinafter provided, and this deed shall t•emain in force; the trustee or his attorney may proceed to seU the property in <br />its entirety or ht pars:tis at the option of the trustee hereinbriore described at public auction, to the highest htddrr, tier <br />cash, However, the power of sale herein conferred upvn the trustee +hall not hr txerci~J until t : f the truster shalt tint <br />fiat t'ar record, in the of€t~ of the rtgtster os' deeds at' rac'h county wherctn ihr trust pray+rrty or wine part €?r pave{ <br />tr~rf is situated, a notice ~ default, identifying the trua~Eee by ±tatmg ihr names oY ihr tntstor and names thrro•ttt and <br />giving the hook and page where Ute saint is rrc~rded, a drss:-riptton oi' ihr trust prolxrty, and eontatnrng a statement that <br />a tsre~ah set an abiigaticm for which the trust property was conveyed as security has vccurred, and ~ttirtg fveth the nature <br />of such hreactt and o{ hffi tltctiotz to sail or ,ause to be sold such pevperiy to satisfy the obhgatson: and tZ 1 after ihr lapse <br />oC not less than case month, the trust:*t shall give notitr of sale ::> provided by 'vebraska law. Attu nvts.r c,? cietauit :tart <br />lade of nvi the ant month, tht tnAStee ;hat! ~vr wntten szuticr tsf the tirrre and place of sxir parircutarly dr+c=ninrig <br />tits prertaerty W tae s*ald by puhltcatiun at such nvuce, at least Five rimes, once a wrr.k for five ~€ntucuiivr w<<rks. ihr 1;r:t <br />puizlis.`ati[rrr to be at least lU Jaye but trot more chart ;tl days pnor to the sale, to some ncwspaix:t haseng .c >:rnrr.d <br />i°tr~atigA~ m e~rh rwunty to w•htc.-h tht ptolwrty to ht sryis#, or v:~e part therrctf. i~ :atuattcl. tt4zn .uc"1i +a1e. €t: tr<s,irz <br />~: axeustt anv dtliver z clscd <>f ,ssnrryartce crt the tsrvperty s.~td in ihr pursha.rr ;tr purchaser, tltercof :in€i any <br />xtatertncttt or recital ru tact in stub dttJ in retatron to the rxtr:rie c,f tht t,srwer crt sale and sale <>f the t~ruprny ~lr~irrl>ed <br />,t t a.~e:: m. .. <br />