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<br /> i '`"°'''' ST11TE OF NEBRASKII )
<br /> . Di:��f:1�r�':•y j � ^__—
<br /> .,,��.;:.:, COUNTY OF Hl1LlL ) as• 9Z— 1�1
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<br /> �.,�� � � .����'� Ths lar�goinq Aaknowlsdga nt o! Daod o! Trust was =_
<br /> 4;•�,�:.,.-.. - •.,..: .� acknowindgnd belors me on , 1992, by Lee -
<br /> ' '�'�"`-`+ ' Ni�lson and Charyl NialoQn, H a�nd W !e.
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<br /> ��r.:����?��%�'d��: gMt IOTAAr-St11�M IMwt�
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<br /> _, _ DEED OF TRUST
<br /> aTi��r.c�_ -
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<br /> -- ��':'� " � ° '�����- KNOW ALL MEN HY THESE PRESENTB: That LEE NIEL3EN aiid CHERYL ��-
<br /> " 4 NIELSEN, Husband and Wife, hereinaPter referrQd to as the
<br /> „ � �� "Trustor��, to seaure a Nota bearing even date herewith for the
<br /> prinaipal amount of Three Thousand Dollars ($3,000) payable to �',
<br /> `' ', ��` the order of GERALD SKEEN and HELEN SKEEN, Husband and WiPe aa
<br /> , � � �'�� joint tenants, hereinafter referred to as the "HenePiciary",
<br /> ' � . �����►. whether one or more, providinq for payment of the entire
<br /> �.. ' ��.;,• principal balance, together with interest at the rate oP eight �"_
<br /> = � peraent (8.0�) per annuna, in monthly installments of Fifty-Two
<br /> ,. ` and 33.xty Hundredth Dollars ($52.60) each until July 1, 1998, at � ,!
<br /> which time all remaining principal and interest provided for by
<br /> r _-- --__ �Y;.�_ thi s Neta rah±�l 1 hAve been p�i d, c�o hRraby grant and convey unto
<br /> , � � GALEN E. STEHLIK, Attorney at Law, 231 South Locust, Grand -_-
<br /> . � Is1And, Nebraska 68801, the "Trustee" with power of sale, the
<br /> , • following described proper�ys
<br /> ,�;'„ • �� � Lot Eleven (11) and the Westerly Seventeen (17) Feet oP Lot ��
<br /> � ' Twelve (12) in Block Twenty (20) , in Mac Coll and Leflang's
<br /> � ;`��""� Addition to the Town of P7ood River H�11 Coant NebraRka
<br /> ; .�� „ �- � Y. _
<br /> � TO HAVE AND TO HOLD the same, together with all ---
<br /> j. . . . appurtenances, in trust nevQrthQless, and in case of default in ���
<br /> ''� „ ., the payment o! said Note or any part thereof or interest thereon � .
<br /> �.' " or in the performance of any covanant herefnafter set forth, than � �
<br /> the Truetoe ahall have the power to sell the above-described --
<br /> ;' property, and upon request of the Beneficiary, the Trustne shall �
<br /> ��•• " � file f�r record in the Register of Deeds' Office of Hall County,
<br /> . Nebraska, a Notfce of Default, setting forth that a breach of an
<br /> � • obligation, for which the said property was conveyed as security, �' �=
<br /> has occurred, and setting forth the nature of such breach and the �,
<br /> "� _ � Trustee's electfon to sell �h@ property to satisfy the obligation; i
<br /> . • and after the lapse o� not lasa than ane (1) month, the Trustee -__
<br /> shall give written notice of the time and place of sale which may ���=
<br /> .. � . be between 9:00 A.M. and 5:00 P.M. at the premises, or at the Hall
<br /> ;°'''�" County Courthouse, and particularly describing the property to be
<br /> �x:�
<br /> ., , sold; eaid Notice to be publishad in a newspaper of a general �`�'
<br /> ' circulation in Hall County, Nebraska, once a wesk for five (5) ;
<br /> " consecutive weeks, the last publfcation to be at least ten (10) '
<br /> � � � .• days but not more than thirty (30) days prior to the sale; and the
<br /> : Trustee shall then sell said property at the time and place
<br /> designat�d in ths Notice, in the manner provided by law fn effect
<br /> at the time of filing said Notice, and public auction to the �
<br /> : highest bidder for cash and shall deliver to such purchaser a deed
<br /> � to the property sold, con�►istent with the law in effect at that
<br /> time. Additionally, Trustee shall mail Trustor a copy of any
<br /> �_._...�._ Notice of Default and Notice of Sale hereunder unon default
<br /> addressed to him at Box 181 , Wood River, Nebraska
<br /> 68883. Out of the proceeds of sa d sale, the Trustee shall
<br /> � . retain and pay first all feeg, charges and costs of sale and all
<br /> monies advanced fn the exercfse of the power of sale, including
<br /> the payment of the Trustea�s fees actually incurred, and pay
<br /> .� •� second the obliqations secured by this Deed of Truet; and the
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