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<br /> •,.#;Y';�: .��'. AEED OF TRUST
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<br /> ";-;� .� (Short Fotm) �
<br /> ,� ,.� KN041 ALL MEN BY TNES� PRSSENTS s that ��A. Mettlre 6 Linda I.. Mattke. hu4b��d
<br /> ; . erd ti+ife . here�nafter referred to as the "Trustor". to - --�--- -
<br /> ;.;� ' ' eecura a Note bearing even date herewith for the principnl amount of Forty three thoueend ���-_
<br /> � ' five twids�ed sauenty five and 46/100-- Dollare ($ 43+5 • ) payable
<br /> -�;�i .' � to the order of GRAND ISIAND INVESTMENT COMPANY. hereinafter referred to ae the
<br />�--,� ��J:� "Beneficiary". providi.ng for payment of the entlre principal balaace, together
<br />��� '�•`"` � with interest at the rate of T� ercent ( ��-� x) per annum�
<br /> ; , �� ia monthly in�tallmenta of � t eL and 41/IOR�--- ` �-
<br /> � Do2lara ($ ) each until rl , . 19�, at
<br /> � ,,. which time all principal and interest provided for by this Note shall have been paid� �
<br /> . �. � � do hereby grant and coavey until ARENA R. BAACK, ACtorney at Law, the "Trustee",
<br /> : '•�i •.. . �•�'�. �. the following-described property:
<br /> . !�." � �. �* At wbich time all r�aining princi.pal and intato�at �hall bac�ae due. `�
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<br /> .. .;ti.?;� A1111�et Part of Lot 1�aenty-three (23), lying Pasterly fraa tt�a Proloc�gati�on of 1t�e Faeterly T,ine of
<br /> .'�, ;�.�.�.��%�:;`•r� , Lot 11�ree (3) ecd All of Ivt 14enty-four (?l►). both in 91ock Eighteen (IS)� of Aehton Place� an
<br /> ;��:�.;�y,�'�r�• Addit�on to the City of Greid Ieland, Il�li Camry. Nebraska --.
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<br /> '� At�D: �;,�:
<br /> . ' � 1t�e Easterly One Aalf (E�) of Lot 'ltiree (3), Blodc lhirty Se�en (37), Ociginal Town, �ww City of Grand ��a,�:
<br /> . Ialmd.Hall Oounty, Nebrasks. ���':�••_
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<br /> ' � • ' ' ' TO IIAVE AND TO HOLD the same, together with all appurtenances, in truat '�-"=� ,
<br /> _. --- aevertheless, snd in csse of defauZt in the payQteat of eaid No[e or eny �+t+rt' ��-- -
<br /> thereof or intezeat thereon or in the performance of any covenant hereinafter P.�"�'�ts`�
<br /> �e:,w--
<br /> , set forth, then the Trustee ahall have the power to sell the above»described �„ �r�
<br /> • " property� aad upon request of the Beaeiiciar � the Truetee shall fi].e for record .Y�f,;�:ri�r.�'`
<br /> � �,,'••r " in the Regiater of Deeds' Office of �1� County� Nebraska, a Notice of :'� :�� �� ---
<br /> • � ' • Default, setting forth that a breach of an obligation� for which the said property ',��' 'µ,,..,,. _�'�
<br /> ''r� M'a .
<br /> . ' ' • • was conveyed as security� hae occurred, and setting forth the nature of such v�:''`a'"''�
<br /> breach and the Trustee's election to sell the property to eatisfy the obligatioap • ��i;.•..--_-
<br /> , ti�••�. • and after the lapae of not less thaa one (1) aaonth� the Tructee shall give �-�.y`;`��,";"'__-
<br /> �. ' �. ��, written notice of the time and place of sale whiah may be between 9:00 a.m. and "' _.�
<br /> , 5:00 p.n►, at the premises, or at the Hall County Courthause. and particularly , -
<br /> ••>�'. describing the property to be sold; said Notice Co be published in a newspaper uf `::,�:.
<br /> • , '�, a general circulation in Hall County, Nebraeka, once a week for f ive (5) � �•�
<br /> � . � consecutive weeks. the last publication to be at least ten (10) days but not . ..���.
<br /> •- ' � more than thirty (30) days prior to the sale; and the Trustee ahall then sell eaid t%�='
<br /> " property at the tima and place designated in the Notice, in the manner provided �. •%�`' `��
<br /> ' � by law in effect at the time of filing said Notice, and public auction to the • � � '3�,�����
<br /> . �� , highest bidder for cash and ahall deliver to auch purchases a deed to the property � ' .,'.�'.�N .
<br /> . ' sold, consistent wiCh the law i.n effect at that time. Additionally, Truatee ahall � " �_•, __
<br /> , mail Trustor a copy of any Notice of Default and Notice of sale hereunder •� 1;�
<br /> upon default addressed to them at 4236 Spur Lene� Grand Island,[� 68803 , Out of Che ' . . �-
<br /> , proceeds of said sale, the Trustee ahall retain and pay first all fees. chargea �'
<br /> � . � aad costs of sale and all monies advanced in the exercise of the power of eale, I
<br /> includimg the payment of the Truatee's feea actually incurred, and pay second
<br /> I the obligations secured by this Deed of Trust; and the balance� if any, ahall be
<br /> ;1 •�' , � ,i paid to the person or persons legaliy entitled thereto. Any person, including the ��
<br /> ' Beneficiary. may purchase said property at such sale. ; ��'
<br /> . . ' � ' • •
<br />' � The trustor covenanta that at the time of delivery of these presents.
<br />' J they arQ seixed of said property in fee aimp.le, and Chat said properCy is free
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<br /> • of encumbrancea, except encumbrances, easements, rights-of-way� restrictiona and
<br /> , reservation� of record, and they will properly maintain the property, keep all
<br /> ��� � , buildings insured for fire nnd extended coverage in an amount equal to the
<br /> � ;: �ti unpaid balance of the aforesaid Note, with loss payable to the Beneficiary, and
<br /> _ _ _ _ 1 vill �nv all tavaa nnri aoaanemanta aoninat aairl nrnnnrtv and a�nn��nta r���a nn nrinr
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<br /> � � • encumbrances, and if they shall fnil to pay insurance premiums or taxes on
<br /> � , � amounts due on prior encumbrances, the Beneficiary may pay the same and all
<br /> • . amounts so paid shall become ndditional indebtedness due hereunder; and in case
<br /> . of foreclosure, Trustor will pay any reasonable attorney fees incurred by
<br /> ,.. Beneficiary or Tru4ree in such fozeclosurc proceedings.
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