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<br />rRUSrnEED $~-- pd1®359 <br />TiiIS DEED OF TRUST, made-and entered into this 22nd day of -Saauarp , 19 gi <br />by and betw~n~'°ii~ t.- anP~ng--~- Trustor, andl'irst: American Title Insurance Cg Trustee, <br />Laura R. Soersen, tivabrmd and G71fe <br />seed t'oatat Finartse Cornpany, a Nebraska Corporation, 3enef}ciary. <br />WITNESSETH: That the Trustor do by these presents grant, bargain and se}}, convey and conftnn'with Pawerof.Saisr <br />unto the Trustee the fallowing described Real Estate including all buildings, improvements, and ftxtares of every kind rtow <br />or hereafter erected or placed on the tea! estate, situated it Ha11 County; in the State of Nebtaska: <br />Lot 21, tiestroade Estates Third Addition, tTall Cotantq, Netsrasfra <br />and possession of said premises now delivered unto said Trustee: <br />TO HAVE AND TO HGLD the same, with aU rights, privileges, and appurtenances thereto 6elnngingunta the Tmstee, <br />his execuiots, administrators, heirs, and assigns forever..And the Trustor hereby expressly waives, releases, and relinquishes <br />unto the Trustee ail right, title, claim, interest, benefit; and estate whatever, in and to the about-described gremises and <br />each and every pari thereof, which is given by or results from aIt laws of the Slate of Nebraska pertaining to-the exemption <br />of homestead. Aad the Trustor convenants with the Trustee that he will forever warrant and defend the title to the same <br />against the Cawful c}airtts of all persons whomsoever. <br />1N TRliST HGWEtiER, t'or the fa}lowing described purposes: WHEREAS, the Trustor did on this date execute a <br />m}ssory note evidencing a roan for the principal amount of 549Q4_8~-_~___ <br />and interest <br />thereon according to the terms oC the note: said note being payable :n roue} monthly insta}iments at the ot'fice of the <br />beneficiary: and final payment bring due an __-° Janua>ty '7, 1985 ,----_--_.------_-.------_ _-- • 1 ~-. <br />It is agreed by and between parties hereto that anti} filing of ivotice of }?efau}t, the Truster she!}: t } i pay a}} present <br />seed future taxes and assessments. tzeneral and spes:iai. against said property before the game becomes delinquent or <br />actionable; f~) keep a}} improvements erected tin the (and insured as may he rryuired from time to time by beneficiary <br />against }ass by tier and other hazards. casualties and i ontingencies, in such amounts and for sue:h prnods as are reasonable <br />and may be required by brnetictary, and to keep ail peslicies of such insurance in toter or rt fret upon the property herein <br />described constantly assitttted and delivered to }srneti.:iary, t3) pay and comp}y with ail the terms and conditions of any <br />lien, claim or indebtedness that may be senior to or take precedence of this Trust }Xeti as scxsn as any such payment nn or <br />of sudt lien, claim or indebtedness steal} became clue: and uprrn failure of 7~rustar to keep any seed agreements, beneficiary <br />may pay su_-t, tax, pay far sus{t insurattse ar tray oft such liens or claims ar mdrt±teIIness :as the case may hr, and the <br />;rtort2y so expended wi4h interest a€ y4 prs annum shall hr secured by thrs frost l?red, and the Trustor agrees to repay the <br />same upon demand, and upon failure to des srs the ha{anat of the attached note shaft hecxstne tmmediatrty due and payable <br />at t~ option of the }xnrSciaty; i4t .peciticaUy con ter upon the Truster the power at sale as prnvtded in Nebraska taw; <br />(5}retain possession of the premises and co}}ei t the rents and revenues therefrom. <br />Upon paynurrtt of all the sums secured by this Trusf Deed, the Benefictar} ,~}} request fire Truster to reconvey the <br />property seal shall surrertdtr this Ttvst Deed acrd all Watts evidencvng andebtednrss secured by this "Trust Deed to [he <br />Trustee. Ttusttr shat} reconvey the property without wanan[y to the prrscsn }r persons ieteally entnird thereto; but if <br />default be ntadt in the paytttrnt at said carte ar any part etereot or stay ~,f the anterest therrort when due or to the faithful <br />performance of any ar ratter of said attseements ss stet-said. then the wrote c?,+ yard nq?te shell he~~ame clue and be paid as <br />htteiaafter prnvitied, and this deed shah remain in force: *'-he truster ar tees atterrcy tnay pre?teed to self the property itt <br />its-entirety or in paTrels at tits option of the ouster herrtnt+ttare described at public auctient, to the highest bidder, for <br />estate. I#owever, the power a}' salt herein conferred upc}n the irustre shall not br rxrrctstd until t 1 1 the trustee shad first <br />file for record, in the office of rtes register of deeds of each couney wherein the trust property or some part or parcel <br />ttxtmof is situattsct, a notice of default, identifying the trustee by stating the names cs!' the entstnr and names therein and <br />gbtit~ tree 6att~ end page where the same is recorded, a description of the trust property, and containing a statement that <br />$ ltt+~h of -err obligation for which the trust. property was conveyeat as security leas .sccuzrrd• and setting forth the nature <br />of sttc3t breach and of h~-e~ction to Belt or cause to be soed such property to sausty the obligation. and (Z) after the lapse <br />cis' not 8-that; sere month, rho tru€tee slsall give notice of sa}r as provided by Nebraska law, After notice of default and <br />t~sa.o~-trot. less theca tint taattth, the trustee she}} give written notices of the stmt- erect peace csf sale partt:;tt}arky describing <br />tl~ l~W~tY to let sold by pul>licaiion of sttclt ttotice< at least fire times, once a week far t"tor. comae. utive weeks. the last <br />nublt,~tiot3- tit }xa at. tra€t ltl days but cwt more than ;ft3 days prior to the sale, in ctnie ttrwspaper having a grtter°a} <br />s`.r:%~rtrt m east ctrsartty in wl2iclt tlrc property to }~ snnkt, ar same part thrreaf, is situated. Ltpon sort salt, the trttstte <br />rl,~recuitt and deltvttr a dtrrd of ctrnveyance of the pre:petty sa}d to the purchaser cxa purchasrrt thrreol and any <br />stirltnt of raciest itf fact in suc:lt deed in re}tttion to the exercise of the power of sa}c and lair csr the property drs+nbed <br />ti~~, s., <br />