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i TRUE'}' DEED ~~ THIS DEED OF TRUST, made and entered into this 9th day of .r,n g , }g- rtn - - ~~y and betweeng~L£UPpLES !~t?D M~7i1i A.~F..~-~r~,ctor anrt Coao~ealth Land and- Title Ias. ,'('met, Husband and wife °~rtd Postal Finance Company, a Nebraska Corporation, Beneficiary. ~,~ WITNESSETH: That the Trustor do by these presents grant, bazgain and sell, convey and confirm with Power a€ Sale tto the Trustee khe following described Real Estate including all buildings, improvements, and fixtures of every kind now , or hereafter erected or placed on the real estate, situated in gall County, in the.-State of N¢bsaska:" East 88.94 feet of lot 2 and west 14.70 feet of lot 3,Sunset Subdivision and possession of said premises now delivered unto said Trustee; TO HAVE AND TO HOLD the same, with aII 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, claim, interest, benefit, and estate whatever, in and to the abovedescribed premises and each and every pazt 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 [hat he will forever warrant and defend the title to the same against the lawful claims of all persons whomsoever. IN TRUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a promissory note evidencing a loan for the principal amount of S 6099 - 57 and interest thereon according to the terms 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 lam. It is agreed by and between parties hereto that until thing of Notice of Detantt, Ute Trustor shall: i l t pay all present artd future ' ,ter ss«erts, general and special, against said property he'iore the ,ante be~untes deiinouent cr actionable: t2) keep all improvement, erected on the land insured as may be required from time to time by benefician' against loss by fire and other hazards, casualties and contingencies, in such amounts and for such periods as are reasonable 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, (3) 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 due; and upon failure of Trustor 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 9u7c per annwn shall be secured by this Trust Deed, and the Trustor agrees to repay the same upon demand, and upon faffure to du so the balance of the attached note shall become immediately due and payable at the option of the beneficiary; (4) specifically confer upon the Tnrstee the power of sale as provided in Nebraska law; {5) retrain possession of the premises and collect the rents and revenues therefrom. Upon payment of all the sums secured by this Trust Deed, the Beneficiary shall request the Tntstee to reconvey Tito property and shall surrender this Trust Deed and all notes evidencing indebtedness secured by this Trust Deed to the Trustee. Trustee shall reconvey 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 faithful performance of any or either of said agreements as aforesaid, then Ute whole of said note shall become due and be paid as hereinafter provided, and this deed shall remain in force; the trustee or iris attorney may proceed to sell the groperty in its entirety or in parcels at the option of the trustee hereinbefore described at gubhc auction, to the highest bidder, for cash. However, the power of sale herein conferred upon the Tntstee shall not be exercised until i 1 !the trwtee shall first file for record, in the office of the register of deeds of each county wherein the trw[ property or some part or parcel thereof is situated, a notice of default, identifying the trustee by stating the names of the Trustor and names therein and giving-the book and page where the same is recorded, a description of the trust property, anal containing a statement chat a breach of an obligation for which the trust property was conveyed as security has occurreJ, and setting forth the nature of such breach and of his election to sell or cause to be sold such property to satisfy the obligation: and t' 1 after the (apse of not less than one month, the trustee shall give notice of sate 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 place of sale particularly describing the property to be sold by publication of such notice, at least five times, once a week for foe consecutive weeks, the last publication to be at least 10 days but not more 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 [he purchaser or purchasers thereof and any statement or recital of tact in sueh deed in relation to the exercise of the power of sale and sale of rite properly described 26411NE i .w...w,,.