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$®"' ~'~°~~ •rxesr DEED THIS DEED OF TRUST, made and entered into this ZSth day aC_ July , 19.31 - by and between ROGER D. CHIiISTENSEIi ,Trustor, and Cf}24SONi4RAr.TH,larm arm TT'PrA rrrc ;C$ustee; ~- INGLE MAN and Postal Finance Company, a Nebraska Corporation, Beneficiary. WITisESSETH: That the Trustor do by these presents grant, bargain and sell, convey and confirm with-Power of Sale- unto the Trustee the 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 Hall County, in the State of Nebraska_ Lot Forty-1tro (42), in Belmont, and 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, claim, interest, benefit, and estate whatever, in and to the above-described premises 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 alt persons whomsoever. fN TRUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a promissory note evidencing a loan for the princtipal amount of `-64A9-,..7~__.. __. _. _... ________- and interest thereon according to the terms of the note; said note being payable in equal monthly installments at the office of the beneficiary; and final payment being due onAsig~t t _.__.__"________ _ _ , 14-$~. It is agreed by and between parties hereto that until tiling of Notice of Default, the Trustor shall: t 1 1 pay all present s, future taxes and assessments, general and special, against said properly hct~~re tits same ttceom~=± :;e°lingttent ar actionable; t2) keep ail improvements erected on the land insured as may be required fmttt time to time by beneficiary against Ions by lire 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, i3) pay and corr.ply with all the terms and conditions of any lien, claim or indebtedness that may be se.~ior 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, heneticiary 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 expanded with interest ai 9~i per annum shall be secured by this Tntst Deed, and tha Trustor agrees to repay the same upon demand, and upon failure Lo do so the balance of the attached note shall become immediately iiue and payable at the option of the beneficiary; t4) specifically confer upon the Trustee the power of sale us provided in Nebraska law; (5) retain possession of the premises and collect the rents and revenues therefrom. Upon payment of all the stuns secured by this "''rust Deed, the t3eneficiary shall request the Trustee to reconvey the property and shall surrender this Trust Deed and all notes evidencing indebtedness secured by this 1-rust Deed to the Trustee. Trustee shall reconvey the properly without warranty to the person or persons legally entiCled thereto: but ii 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 arty er either of said agreements as aforesaid, then the whole of said note shall become due and he paid as hereinafter provided, and this deed shalt remain in force; the trustee or his attorney may proceed to sell the propert} in its entirety or in parcels at the option of the trustee hereinhetbre described at public auction, to the highest bidder, (or cash. However, the power of sate herein conferred upon [he trustee shall nat he exercised until t I 1 the trustee vhall first file for record, in the office of the register of deeds of each county wherein [he trust properq~ or some part ur parcel thereof is situated, a notice of default, identifying fire tnustee by stating the names of the tnrstor :tad names therein and giving the book and page where the saute is recorded, a description of the trust property, and containing a statement that a breach of an obligation for which the trust property was conveyed as security has occurred, and setting forth the nauue of such breach and of his election to sell or pause to be sold such property ro satisfy the obligation; and (Z) after the lapse of not less than one month, the trustee shall give notice of sale as provided by Nebraska law. Alter 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 fo 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 no[ more than 30 days prior to the ,ale, in some newspaper having a general ci[culation in each county in which the property to be sold, or some part thereof is situated. lJpon such sale, the trustee shall execute and deliver a deed of conveyance of the property sold to the purchaser ur purchasers thereof and anv statement or recital of fact in such deed in relation to the exercise of the power of sale and sale of the property described 26411NE),~.. ~a,re~