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<br /> - TRUST DEED
<br /> '� THiB TRUST DBBD. m�de rnd e�uerad lato this 18th dqy of A*tguat --- . 1932.__by and --
<br /> ------------___.._ _.. _�. bClW�00p�SiiIItYi_C Smi rh' n n nR�_R°-Y°—^° - - ►ThlitOi.
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<br /> '��• .... r--:. and BENEFICIAL NEBttA3KA INC. d/b/a E FICIAL MORTdAOE CU.,a Nebraaka cxnporadon.Beneficiary.
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<br /> , WITNE33�7'H:Thot.'ltwwr,by these pn�eata.does grant�bargaia and�ep�convry ond confirm wlth I�b�wv�of Sala unto 7tvpea the -
<br /> a t'x- ` nxl pmperty,iacluding all bulldinga,impro�ementa.and fiatures of eNery kimi now or heroaRer erocted or pleced on the real property �_
<br /> '�,� r (bercafter mfernd w aa U�e'•Pmpeny•)dtate ia Hall County.Soeto of Neb�aslcw.
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<br /> ��„�„�;,.x.:' .:, ,� The Weat 48 feet of Lot 8. 91ock 5. Rollin'8 Addition to the Ciry of Graad Ialaad�
<br /> �'4i���'�'" � �`F�`- �11 Couat Nebraska.
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<br />��^ � Pb�session of the PropeRy having no�w bcen delivenal to 7tustee:
<br /> •-rr=� : . .�`...,i�' Q9 If this Iwx ia checked.this 7Yust Deed is aubject w a prior wst dad d�ted �1une Sth ��g 89 ,���by/ _
<br />��A '�_,; ° Geneva C. Smith. a single nerson - TruACOI ___ .a�t�ustor(s)to�J
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<br /> „ ' .,�,., _: C�m�erc�,al Fed�al SBV�n�a and L•ean Aaaes a inn_ _.YS tru8t0e fo� � a
<br />�.' ..:..,.,,F.� . the benefit of . Lo + r��� �� •{���1� . as benCfiCiary. `'
<br />��;. v: �ecuring payment of a promiswry note in the principal amount of S___—._ . Thot prior tnut deod was r+ecordad on -
<br /> } � ' �� ,.� June 6 . 19 8�_ with the Recorder of —_—_liall_ County. Nebr�lca in Boo�
<br /> �-� , � ,�: ��"�-� � gg go_�i Aseignee: Commercial Federal tiort�age Corp. Datad 6-7-89
<br /> ., Recor�c�- 6=�9 Valuma• 89 Pa e: �03290
<br /> � � TO HAVE AND't1D HOLD the same. with all dgh�s, pnvileges and appurterwnces to auch Property belonging unw'I�ustce. and -
<br />.�y„ '. ° execumrs.administratore,heirs,successors and assigns for'ilrustee forever. And 7Yustor in this 7lrust Deed eapiessly walves. nleases =
<br /> r.,: ,; �"" • " : and relinqaishes unto 7tustce all right.tide.claim,interest,benefit,+nd estate wtwtever, in and to the Property which Is givea 6y or
<br /> . results from ali laws of the State of Nebraska pertaining[o the e�cemption of homestcad.And Trustor covenants with 7tustoe that he wW �
<br /> 4 ° ' ' •� " forwer wamnt and defend the tide to the Property aguinst the lawful claims of all persuns whomsaever.
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<br /> • .. , IiV TRUST HOWEVER, for �he purpo�es described, as foUows: 7Yustor on this datc has executed Apromissory Note or L.oan r
<br /> • Agreement(herc,after "Agreement"),which evidences a loan in the A�ctual Amount of Loan of S!+�25?�Q (hercafter referred
<br /> to as the"Principal"),Wgether with interest on unpaid balonc of�etPrincipal from time to time outstanding at the Rate of Charge set (
<br /> = forth in the AgRement,the Final Due Date being �°�_.—24—__. 19 95,all of which ia payable at the office of L_
<br /> �. ., Be�£clary. _
<br /> �. In the event of the death of one of the Trustors,at�he optton of Beneficiary,the unpaid balance of the Actual Amount of Loan.together -
<br /> wiU� accrued interest, immediately may became due end payable. _
<br /> : � ' Until the filing of a Notice of Default,Trustor shell: (1)pay all present ond Poturc taxes and assessmcnts,general and special.against �
<br /> - the Property before the wxes become delinquent or actionnble;(2)keep all improvements erected on the Property insured as may be
<br /> t •� �, required from time to time by Beneficiary aguinst loss by fire and other hayards.c�ualties and contingencies,in such amounts ond for !
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<br /> such periods as are reasonable and may be required by Benef�ciery,and to keep sill policies of such insurance in force or effect upon the
<br /> • � • Pmperty constandy assigned�nd delivered to Beneficiary,and(3)pay and comply with all the terms and conditions af any lien,ciaim ;
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<br /> - - or maeoteaness mai may ae semor w or�axc p�ec.wenc.i u�uua I[ual uCCU 7W�txnl tw wry au���N1ry�uC�ii u�i vi Gi siu�i�ucn, a:i��u vi �
<br /> ., indebtedness shall become due.Upon failure of 7tustor to keep any agreemeMS made in this Trust Deed,Beneticiary may pay accrued
<br /> , taxes and insurance premiums or pay off uny liens or claims or indebtedness, as the case mey be. 1'he money so expended by {
<br /> Beneficiary for thia purp�se shall bear interest ut the Rute nf Charge and shall be secured by this'Itust Deed.7tustor agrees to t+epay the '
<br /> same upon demand.Up±a failure so to do,the loan immedintely shall become due and payable,at the option of Beneficlary. 7Yustor
<br /> ° .; � specitically confers upon 7Yustee that Pnwer of Sale as pravided in Nebnska law,end shall retain possession of the Property and collect �
<br /> • . " �� the r�ents and revenues therefrom until filing of such Notice. �
<br /> ° . .. •� �� 'ilvators will pay and keep cu�nt the monthly instnlmen�s on the prior tnut deed and to prevent�u►y default thereunder. Trustors �
<br /> tUrther ag�ee that should any defuult be made in the payment of any insmlments of principal or any interest on the prior trust dced,or
<br /> , , ' • should eny suit be commenced or other action taken to foreclose the prior truat deed,then the amount secured by this Trust Deod shall �
<br />� � • become and be due and payable in full at any time therenRer, at the option of Beneficiary an in accordance with the Agreement. l
<br />., • �;�. = Beneficiary,at its option,may pay the scheduled monthly instnlments on the prior wst deed and,to the extent uf the amount so paid, �
<br /> � become subrogated to�he rights of the beneficiary identified in the prior trust deed. All payments made by Beneflciary on the loan �
<br /> F• secured by�he prior trost de��d shall bear intercst�t the Rutc of churge until paid in full.
<br /> � Bor 4 NE 13-I3.Eil.M�y '41 `�
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