|
r®
<br />
<br />Tlii$ DEER JE TRUST. rnade and er:feted init3 this--?f~.--- - da• of- Ccto~~__- - - 1 ~ _~f? _
<br />by and between ~$#~ ~, St:ttbba and JoYee E, . Trttstar, andPxst ri~~n-_T.~~1g 1~ur,~.. ° -Co,Tr~ustee,
<br />SL=abba, Isrssttisnd at<ti ~1fe ae 3oiztt tenants r~ith right of survisrrsltip aad not as tenants in coon.
<br />and Pasial Savings Company, a Nebraska Carporatian, Beneficiary.
<br />WITNESSETH: Thai the Trustor do by these presents grant, bargain and sell. convey and confirm with Power of Sate
<br />unto the Trustee the following described }deal Estate including all buildings, improvements. and fixtures of every kind now
<br />or hereafter erected or placed on the real estate, situated in Hail County, in the State of Nebraska:
<br />Lot Sixteea (16), Island Acres Number Six (6), a Replat of Lots Nineteen
<br />and Turenty (I9 and 20), Island Acres, City of Grand Zslaad, Hall County,
<br />Nebraska,
<br />and possession of said premises now delivered unto said Trustee:
<br />TO HAVE AND TO HOLD the same, with all rights, privileges, and appurtenances thereto belonging unto the Trustee,
<br />his executors, administrators, heirs, and assigns forever. And the Trustor hereby expressly waives, releases, and relinquishes
<br />unto the Trustee ail right, Crtle, claim, interest, benefit, and estate whatever, in and to the above-described premises and
<br />each and every part thereof, which is given by or results from all laws of the State of Nebraska pertaining to the exemption
<br />of homestead. And the Truster cortvenants with the Trustee that he will forever warrant and defend the title to the same
<br />against the lawful claims of all persons whomsoever.
<br />IN TRUST HOWE Y`ER, for the following described purposes: WHEREAS, the Trustor did on this date execute a
<br />promissory note evidencing a loan for the principal amount of 5 9+128.17 ___....R_._and interest
<br />thereon according to the terms of the note; said note being payable in canal monthly installments at the office of the
<br />beneficiary; and final payment being drie on -_-10/07 -- - _-_ - _ _-__-- ----_-- . 19 86
<br />It is agreed by and betu:een parties hereto that anti} tiling of Notice of Defau}t, the Trustor steal}: f ! }pay alt present
<br />a*td £•• - taxes and _~ - ~, al --.lcl nY.-iot i ~i.i t hefn,~ c3 he mvc Ii ~i ten nr
<br />..~ _ssments, f, _ s,_y~.,~., agains, su grope.*.y _ N the : n,v ro.=.~_ dc~_n r, t
<br />actionable; t7) keep all improvements erected an the land insured as may he required from ume to time by benetciary
<br />a_aairts[ lass by fire and o*_her hazards, casualties and contingencies, in such amounts and for such periods as are reasonable
<br />and may tee reauirrrr; bti hens:liciarv, and to kerb .ill policies of such insurance in force or ~ff'ect upan the property herein
<br />drg~nbed i=anbl~+nliy z;~~l~neu arlu l'sclrV~rCti io bra ~~s~iaiy, i ~ j ~aji and ~iiiii p}y Write a}} the iclTii~ aiid t:4iii}iiiv.iJ ~i aiij%
<br />?a~-n, c.~eia°„ tar --,dcbtES?.."Eai a .• scut s .-an c4c - v. ...ac - u> >w.. _ ~.w .............
<br />of cs,~rh lien, ~-lair33 car inilrbte3?nres ~~!ral! hr~~~ntllr slur, and utx3n faih?re of~Tn~.<tnr tt3 k~rp ahy c,~id 3~rc'~ntertrk~b~n~ficiary
<br />may pay such tax, pay for such insurance or pay off such liens or claims or indebtedness as the case may be, and the
<br />money so expended with interest at 19`%~ per annum shall be secured by this Trust Decd, and the Truster agrees to repay the
<br />same upon demand, and upon failure to do sa the balance of the attached Hate shall become immediately due and payable
<br />at the option of-the beneficiary; (4l specifically confer upan the Trustee [he power of sale as provided in Nebraska law;
<br />(5) retain possession of the premises and collect the rents and revenues therefrom.
<br />Upon payment of all the sums secured by this Trust Deed, the Beneficiary shall request the Tntstee to reconvey the
<br />property and she}} surrender this "fntst Deed and a}} Hates evidencing indebtedness secured by this Trust Deed to the
<br />Trustor. Trustee shall reconvey the property without warranty to the person or persons legally entitled thereto; but if
<br />default be made in the payment of said pate or any part thereof or any of the interest thereon when due or in the faiUtful
<br />performance at any or either of said agreements as aforesaid, then the whole of said Hate shat} became due and be paid as
<br />hereinafter provided, and this deed shell remain in force; the trustee or his attorney may pracecd to sell the property in
<br />its entirety or in parcels at the option of the trustee here}nbefore described at public auction, to the highest bidder, for
<br />cash. However, the power of sale herein conferred upon the trustee shall pat he exercised until (1) the trustee shall first
<br />frii; far record, in the office of the register of deeds of each county wherein the truss property or same part ar parcel
<br />filter°rf is situated, a rtatice ~f defau}t, identifyi;~g the trustee by stating, the names of tlti: •. ,,,.,• and na:res therein and
<br />giving the book and page where the same is recorded, a description of the trust property, and containing a statement that
<br />a_ht'eac-t of an obligation .for which the trust property was conveyed as security has accurrcd, and setting forth the nature
<br />of-such breach and of his election to eel} or cause to be sold such property to satisfy the obligation; and ('?after the lapse
<br />of-atat lr?ss than Otte month, the frust~~ shall give native of sa}e as provided by Nebraska taw..hfter notice of default and
<br />la}ts~ of ttot less Ehan rite month, t}te trustee steal! give written notice of the time and place of sale particularly describing
<br />the ptaperty to tte said by publication of such native, at least five times, apse a week f'or five consecutive weeks, the last
<br />pgblieatiatt to be at Icast }0 days but not mare t}tan ?U days prior to the sale, in same news}leper having a general
<br />cirt;ulatiun in each county in which the properly to be sold, or some part tlterevf, is sttuated, Upon such sale, the trustee
<br />shall-execute and deliver a deed of %anveyartce of the property said to the purchaser or }}urehaurs thereof and arty
<br />tat~riirtt a. .~-i:rtai at fa~i in =+..it:+i dr;>:d iii rt}atian tt-is}tt cxcri iii: i}t the power lit -,;ill ;trill sale iii the pi:}pert y' des,:nbed
<br />
|