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~~-- 00320"1 TRUST DEED
<br />THTS DEED OF TRUST. made and entered into this, 11th day of Jrmt , i9 81
<br />by and between Donald L. Krecklov and 1)orothy_ ,Trustor, and First Attterican Title Inauzaaca Cb;~:`Irustee,
<br />A. ICrecklow, tttt 'and and wife, as point tenants with right of survivorship and n+ot ats t~naata in
<br />and Postal Savings Company, a Nebraska Corporation, Beneficiary. Cron
<br />WTTNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and eonfirnr Wtth Power of Sate
<br />unto the Tnlstee the following described Real Testate including alt biiildirigs, improvements, and ~ittnres of every kind now
<br />or hereafter erected or placed on the rea# estate. situated in gal; County, in the State of Nebraska:
<br />Lot Five (S) in Bloek Elevea (11) in Gilbert'a Second Addition to the Cit7~ o£~:
<br />Grand Island, tia11 Cottaty, Nebraska.
<br />and possession of said premises now de#ivered unto said Tntstez;
<br />TO HAS E AND TO HOLD the carne. welt ail ng}tts_ prlvliege., .tnd appurtenances thereto belonging unto the-Trustee,
<br />his executors, administrators, hetrs, and assigns toreaer. rind the Fnrator hereby expressly waives, reieases,and retittqulshes --
<br />unto the Trustee ail right, title, claim, interest, henztit. and zstatz whatever, in and to the above~described #itemisex atttl
<br />each and every part thercot, uhnh Is earn by or results imm a!l fazes idf the State of Nebraska pertaining to the exetstptivn_
<br />of homestead. And the "fnistor ;;onvznants ulth the fnl;tze that he wii# tiuever warrant and defend the title to fire same
<br />against the lawful clamts of all persons wiramsvever
<br />IN T'KL'ST HON'FVER, for the tothtwutg di's:nb=~d nur;~ttscs <tiHFRf ,•tS. the Trustor did on this date execute a
<br />promissory note evidencing a loan #or the pnncFpat auaaunt i=[ c 14,05, 75 -_- -_, _ , _ _____ -_____~_.___ and interest
<br />thereon according tv the trrtn> ra; the' note, :ail note Fetn}r pa}~.+hlt =.n roust motttttiy instaflmenrs at the office of the
<br />benneliciary: and final payment heitiF our u;t June 16th _ . l t1 91 _,.
<br />It is agreed hg and he wean pamr~ herrUa that nnttt t;#,ng ~>t ~oti_e <at t>riault, the Trustor 3tt;r1#; { t) pay alTpresent
<br />and tutu rY 23xe5 and aS""aC»inrrti~, t'2nirai yrld -pC~;a#, ~lt'_a,n~t `.at~t ~.rt~perfy i'Gf Vre t#il'- RatnC` heCOtrtel deTinFirlent U7-
<br />acttonabie: (~) ~:zep slf impt91 C7nx'*1 t> :rZ4 ltd =~fl ttti la,iit ~R~u rC1 a~ easy ~r 7Ct;tn rsd 4rOn1 tnTti< Tp LIn1C bV hClt@hCtary
<br />3galnJt I(aa) icy t[Ct altd Ca[hz! #l at a[d~, iai4laf [3t~ and ~i;n Et[t YC nt:C~. ~.. ,ii;.ll .5inl~ti tt is and for ~n('h pCrtUdJ as are r2a~Qni3Tlle -
<br />and may tae required h} txnetii:an. an=f t,a kcrf+ cif ,?ra±.~scn 1,5 ~E<,:et :n,t.rantz to force or effi'it upon the property herein
<br />dr5eribed ionstantly asatgttrd and dehrzrcd tsa Fz•nrf:_i,n t <t f±s} sntf >vsnpfy wrth ap the terms and conditions tat any-
<br />lien, claim yr indebtednes that Wray h; .erupt to or tuk¢ t=rrtcdem=• .~~t this Trust Derd as uxan a5 any such payment onor
<br />of such lien, claim or indrhtedni"s ,hall hrixin~s d=re..vtd t,ta.>n €srfu€r ,at t n+star to keep any-said agreements, bene€iciary
<br />may pay ,usu tax, pay for w;h rnsuran,r r>r ;~a} ;eft ~u~#; Isms ,ar ; iatrns ur mdehieilness as the case may be, and tFie
<br />maney sty c;rpended wrth Interest at i=~1 - prcannitnrsn3if ;'t°.errtreti h} this frt=st [3~ed, and the-Trustor agrees-to~repay she---
<br />wme upon demand, and upon taiitirz to ate ~r the `ssaian~r ras the artaiited nutz shaft heiome immediataly due.arrd paYable~ ~~
<br />at the option vC the heneticlary_ r41 tpeciils.tlfy .~+ntzr r.;~,.n Fftr frustee the pvwzr of ;air as provided in NebiaskaTaW,= -
<br />t5 iretain possession of the prentrxs and ~ta4tttt t#tr rettts acrd to+rr;uc. theretrorn.
<br />Upon payment of all the .unax .cc ure~f t5: thy. t ni+t i)red, the T3ettrtutary shall request the TNStee to reevttvey th&-,,
<br />property and shall surrender t#u. i rust {}c.".f .~siJ aft nc>rr~ caidzn.mg :ndehtednexs sezured by thi;: Trust Lleed to tFle -
<br />7tustee. Truatee shalt rect»tvey the property urthvut warranty to the person ar persons legally entitit:d theretg; but i£
<br />default he made in [he payment cat vtd Wore or any part t irerr=at nr arty at the interest thereo~~In1 when due or in the faith€iiT.
<br />p2rtarrfiaitte Ut 3[ly a( elthi'i tit +atd at'reK[ltC p}is .il a€£ifi13is1, ti3i'14 the i4hi1#e Ut saki ttore STtail becorrae dtle anti be-,plod 3K.-
<br />hcreinafTe.r provided. and thta deed shall retnaln ttl €criz. the €nutre tar his attorney ntay.pr+xeed i6 self tha_propetiy in -
<br />atc enlirety far ifl parcels ai the taptxdn Cdr i#te tru>{er tart€€n~~E+ctE?rc cl~+criT?e~f at public auciiU~'t,-ta the-h~EeSE~Tidller, fOr - .ash. However, the )sower vt :wTe herein uanh=rted utx_an the uustze shall nut be exercised until t i } ~~ trctst~sshalLlitst -
<br />file for reccarti, in the <atfiir of the rc"trsstrr iii' cieects at ructt :oust} uhtrein the truer property or came part rx parcCl
<br />titercof u- sitpatesT, a rtottce of detau#t, idenutytng the to:-stee by stating the name, of the.truxtar;attci natl#e&tit~riu nnrd.
<br />gis=ink ihe~ b~k ans~ page .r:herc the samz ss re~e~sr.lcti, ,r :Ses~riptton of the trust prtipt!rty, and c~c?ntmini a ;if~t~ment that
<br />a irreacTt of an cal*iigation far whirir the trust tarataerty was rciza.ep~•das sziurity has oicurred, and setting fo~th,thE nattutc
<br />of su=ch breach and ttf his eiectivrt tea sc#l yr iause t.~ hz w~id such prt;t?erty tc? satisfy the t±bligatit?n; and t') after the Isere
<br />of trot tells than lane ntunth, tTte tric3tee cttalf grte ncatt<r: tat sa#: a, pti~vided by tiefaraxka #aw.:i't,r notice of defaultarxl
<br />lapse cif rri-st #ess titan one miantTt, the €rt+stec sha## rice written noilie tlf t#te €im=. and place c;Csa#e partr4uigriy describing
<br />the pts~rty tit t*e ~#ti ia; puistiiut3fapt of suih n<>tt. c, :at least t;r,: tune., t~n~c= ;r w.:ek for lives eon-see'utty~ w~lcs, iht last
<br />puTairrattnn t« 4ae at tz+rst lC+ aiRys but riser Wrote thaei tti des.; prtvr to the }afe. ;n ~czrne newspaper having a general
<br />~,_irsirlatirtn xt :-ash ,cwnte In ufat;:h the prCat~i~rt} tcx h<: mild, tx st}ntt~ part t#terecaf, ;t bitttated. t=peen suit: safe, the trustee
<br />sttaiR ~-x+s€ar and ctelrver a tier,) at cs;atacy;rtts;e „€ =#tc ter,>~tt} ,++ett t_, tt r ~itrcr,a,,e.r er t?urehaser t#rer;ncrt arul any
<br />atatrnretat a,vr res'diat t~, t~g4t rn sorb ~t~:'i# rn r3=fatitE+o :a. #iaE' rx~r_tse+~. tla" f~rurr =rP pair attl sale a.1 thN~{?r.~fxrsY Jz+`inhcal
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