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<br />~~>~~ ,~. -~ ~~~F~~ ~ mss` bsa~ assn ze ~s+er nth
<br />feed :.rrr *~'~s~ ~~ ~.~~ r-.:sic ~. 'L~_ `_ ~•~~'~_J~'~~~e~~~-
<br />~ ~ _ "_~r" ~ ~#~19t1 'C-~r ~ II'~ r ari. :sum ~$.aii~iac-td an ra~fl~
<br />* BsR~t ' ;mss, gr~ridi~sg fesr *.aymetst of the entire
<br />f+sinc~~ra2#bals~ace, sogetlssr sra+th .interest at the rates of eleven
<br />psrosn; {1;1) asa:'E *,.e:x pss^e:st (20~h) per annue respectively in
<br />ss~thly :~ta1 zssents o€ dive !~aszsdred l+osty-Three and 57/200
<br />bvllars (55+13.57) and Nine ~iundred sixty-Seven and i5J100 Dollars
<br />#9+57.25) ;isas:il suds time as all principal and interest provided
<br />io; by use Notes have been paid do hereby grant and convey unto
<br />Ar+and R. Baack, the Trustee, the folloring-described property:
<br />Lot Ten {10) in Block Ten (10) of Bonnie Brae
<br />Addition to the City of Grand Zslan" Hall
<br />County, Alebraska;
<br />TO HAVE AND TO HOLD the sa~ae; together with all appurtenances,
<br />in trust nevertheless, and in case of default in the payment of
<br />said Notes or arty part thereof:crr interest thereon or in the
<br />performance of arsy covenant hereinafter
<br />set forth, then the Trustee shall have the power to sell the
<br />above-described property, and upon request of the Beneficiaries,
<br />t}xe Trustee shall file for recctird in the, Register of Deeds Office
<br />~sf Hall County,, Nebraska, a Notice of Default, setting forth titst
<br />s breach of an ~abligation,, for which the said property was conveyed
<br />as security, has occurred, and setting forth the nature of such
<br />ikoreach arad the Trustee's election to sell the property to satisfy
<br />the obligation; and after the lagsie of not less'. than one (.1'J
<br />sa+axsth,, 'kyle Trustee shall. give written notice of i the time'. and'
<br />` place of sale which may be between 9:00 A.M. anc1 5:00 P.M: at the
<br />premises, or at the HaI1 County Courthouse, and particularly
<br />describing the property to be sold; said Notice to be published
<br />in a newspaper of a general circulation in Hall County, Nebraska,
<br />once a week for five consecutive weeks, the last publication to
<br />be at least ten (10) days but not more thn thirty (30) days prior
<br />to the sale; and the Trustee sh:al'1 then sell said property at the
<br />tiaue and glace designated in the Notice, in the manner provided
<br />by law in effect at the time of filing .said Notice,,and'public
<br />au~c~ton ',to the highest bidder for cash and shall ,deliver to such
<br />purchaser a deed to the„pro~rty sold, consistent with the law in
<br />effect at that time. Out of :the proceeds of said sale, thee.
<br />' Trustee shall retain and pay 'first all fees, charges and ccists of
<br />- '- sale and- all monies advanced- `in the erercise of 'the- -powe-r o'f
<br />sale, including the payment of the Trustee's fees actually incurred,
<br />and pay second the obligations secured by this Trust Deed and the
<br />balance, if any, shall be paid to the person or persons legally
<br />entitled thereto. Any person, including the Beneficiaries may
<br />purchase said property at such sale.
<br />The Trustor covenants that at the time of delivery of these
<br />presents, he is seized a€ said property in fee simple, and
<br />that said property is free of encumbrances, except encumbrances,
<br />easements, rights-of-way, restrictions and reservations of record,
<br />and he will keep all buildings insured for fire and extended
<br />coverage in an amount equal to the unpaid balance of the aforesaid
<br />Note and balances due under the,, ;Assumption Agreement, with loss
<br />payable to the Beneficiaries, alnd will pay all taxes and assess-
<br />mestts against said property and', ',amounts due on prior encumbrances,
<br />asscl if he shall fail to laay insurance premiums or taxes on
<br />mounts dam on prior enc+lsmbrances, the Beneficiaries may pay the
<br />sane aa-d all amounts so paid sh,';aY;l become additional indebtedness
<br />d~ ~reunsier; and in cafe of fl~s~,teclosure, Trustor will pay any
<br />Zea-iaersble attorney fees incurred by Beneficiaries or Trustee in
<br />~ feeloaure ~~reeedings.
<br />=1_
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