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MUD°~~•t'. ss_gg~~~~r~~ ~Q /KS~+Grc~ - - V.,u .~-Nd'L TRUST-DEED ~~~ ~~ THIS DEED OF TRUST, made and entered into this-- 9th day of -t;n~ ; I9'art by-and between ~OYLEBPPLES AND 1~LAttYp'~ ~R~ T Lo d 0or[aaomaealth Land and Title Zas ,_ T rustee, Rusbaad and.Wife ~L~ ~~~ and Postal Finance Company, a Nebraska Corporation, Beneficiary. WITNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and confirm with Power of Sate unto the Trustee the following described Real Estate including all buildings, improvements, and fixtures of everykind,now or hereafter erected or placed on the real estate, situated in gall County, in the State of Nebraska: East 88.94 feet of lot 2 and west 19.70 feet of lot 3,Sunset Subdivision and possession of said premises now delivered unto said Trustee; TO HAVE AND TO HOLD the same, with all rights, privfleges, and appurtenances thereto belonging unto the Trustee, his executors, administrators, heirs, and assigns forever. And the Trirstor hereby expressly waives, releases, and relinquishes unto the Trustee all right, title, claim, interest, benefit, and estate whatever, in and to the above-described premises and each and every Hart thereof, which is given by or results from all laws of the State of Nebraska pertaining to the exemption of homestead. And the Tmstor convenants with the Trustee that he will forever warrant and defend the title to the same against the lawful claims of all pers~~s whomsoever. IN TRUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a protnissory note evidencing a loan for the prirx;ipal amount of S 6999.57 _ .and interest thereon according to the tentts of the note; said note being payable in eoual monthly installments at the office of the beneficiary; and final payment being due on July 9, 1989 _____.___-___ _ , 19 It ;c a~,m"eed by and between parties hereto that until tiling of Notice of Default, the Truster shall: i 1 i pay ail present and future taxes and assessments, general and special, against said property before the same hrtomrs delinquent ar actionable, ('- i keep ail impravemettis erected on the land insure-d as may be re-quircd frc~ rmt° to time by bzn~-friary against loss by fire and other hazards, casualties and contingencies, in such amounts and for such periods as are reasanah•1e and may be required by beneficiary, and to keep all policies of such insurance in force or effect upon the property herein described constantly assigned and delivered to beneficiary. (_) pay and comply with all the terms and conditions of any lien, claim or indebtedness that may be senior to or take precedence of this Trust Deed as soon as any such payment on or of such lien, claim or indebtedness shall become clue; and upon failure of "frusurr to keep any said agreements, beneficiary may pay such tax, pay for such insurance or pay off such liens or claims or indebtedness as the case may be, and the money so expended with interest at 9°t~ per annum shall be secured by this Trust Deed, and the Trustor agrees to repay the same upon demand, and upon failure to do so the balance of the attached note shalt became immettiatety due and nayable at the option of the beneficiary; (4) specifically confer upon the Truster the power of sale as provided in Nebraska law; (5) retain possession of the premises and Collect the rents and revenues therefrom. Upon payment of all the sums secured by this Trust Deed, the Benefit-lacy shall request the Trustee to rrconvey the property and shall surrender tftis Trust Deed and all notes evidencing indebtedness secured by this 'trust Deed to the Trustee. Trustee shall retonvey the property without warranty to the person or persons legally entitled thereto; but if default be made in the payment of said note or any part thereof or any of the interest thereon when due or in the ('aithful performance of any or either of said agreements as aforesaid, then the whole of said note shall become due and be paid as hereinafter provided, and this deed shall remain in force; the trustee or his attorney may proceed [o sell Cite property in its. entirety or in parcels at the option of the trustee hereinbefore described at public auction, to the highest bidder, for cash. However, the power of sale herein conferred upon the trustee shall not be exercised until I1 1 the truster shall first file for record, in the office of the eegister of deeds of each county wherein the trust property or some part or parcel thereof is situated, a notice of default, identifying the trustee by stating the names of the tntstor and name, therein and giving4rie book and page where the same. is recorded, a description of the trust property, and Containing a staternrnt that a breach of an obligation for which the trust property was com~eyed as security has occurred, and setting lorth the nature of such breach and of his election to sell or cause to be sold such property to satisfy the obligation; and t2) after the lapse afinot less than one month, the trustee shall give notice of sale as provided by Nebraska law. After notice of default and lapse of not less than one month, the trustee shall give written notice of the time and plate 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, rite last publication to be at least 10 days but not more than 30 days prior to the sale, in some newspaper having a general circulstion 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 rite property described 26hi tN E) :ry..,:.x.