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<br /> � NEBRASKA DEED OF TI3�U9T :
<br /> � (With Power of 9ale) .,
<br /> o .v.. ;�_,.._
<br /> �� � � �'HI8 DEED OF TRUST� made thie 13 day of FF.RRi1ARY , 19 97, �� ' f;--^Y
<br /> � � between CONNIE M SCHEER. FNA_C�rF,��M7,TH AND TFARY T R(`FLFFR i S�rF,g,�rr�c �pT� , '�Y _
<br /> �� � whose mailing addrees ie k040 W CAPITAI. AV GRAND ISI AND NB 68803 , ,��:�
<br /> ae TrttstorR,
<br /> STE ART TITI,E GUARANTY COMPANY "�F-
<br /> } whose mailing addreae ie 1 KANSAS CZTY PI. 1220 WQSH�NGTON S E 1QQ I�ANSAS CITY.MO 641D$ ,
<br /> � ae Truetee, nnd NorwoBt Financial Nebr�eka. Inc., whose mailing addrese ie ??�Q N WFRB_�An _ , ,
<br /> p,0. li0�,373 GRANIL�,S1;��_�,F, fiA$02 , ae Benefictary, '• _
<br /> ,. WITNE9SETH,Truetore horaby trrevocably. grant,bargain, sell, and convay to Truetee in tru6t, with power .,��y_�.��
<br /> k � of enle, the following deRCribed property in �__ County, Nebraeka: ;;�;4X�
<br /> •'�' '`..��•,a:,
<br /> � ( LOT 2, BLOCK 1, JENKINSON SUBDIVISION ����
<br /> �. �.,�=�`=`=
<br /> ., � m�
<br /> �' �.—
<br /> � �j
<br /> A -
<br /> Together with tenemoate,hereditamenta,and appurtenancea thereunW belonging or in anywise eppertaining and the ronte,iseues Rnd
<br /> pmfits thereof.
<br /> . Thie convoyaaco ie in d f9r,�g pu;poee of�tt�udng the payment to Beneficiary of'l�uxtore'indebtednees eviden au�����rolving
<br /> Loan Agreemeut dated�E�U"�`1 l.i 19 y!pursuunt to which an advance bae been wade in tho eum of
<br /> together with charges according to the terme of snid Revolving L9an Ageeement,end nleo eny and oll indebtedneee,eume,future advanc�w,
<br /> �� and chnrgea now, or ae may hereatter be or becume owing by'PrueWr W Benefictary,under eaid Iievolving Loan Agreomettt or any l�ture
<br /> " Revolving Loan Agreement between'Cruator and BenoGciary up to a me�imum uupatd balnnce of$26,000,xnd aleo paymeat of auy�ume
<br /> ` � ezpended or advanced by Beneficiery W protect the eecurity hereof.Default in msking az►y pnymeat ehell,at tho BeneSciary�e opdoa aad
<br />" � � ' without notice or domand,render the entire unpaid balance eecured hereundor nt once due and payuble.
<br /> �r � �'�' . 'lb pmtect the eecurlty of thie Deed of Truet,Truetor rnvensnte and ngreee:
<br />:�7 �,;:;�•::...
<br />�.:• 1.'!b keep the properry in good wudition and repair; to pormit no waste thereof;to completo any building,etructure or improvement
<br /> �.,• . being built or about W be bufit thereon; W restore promptly any building,etructure or impmvement thereon which may be dameged or
<br /> • destroyed:and to comply with nll laws,otdiAences,regulationa,covenente,conditioan and restrictione et�'ecting the property.
<br />'�'� 2.To pay betore delinquent nll Iawful taxes und aeaesamenta upon tho property;to keep the pmperty ftee and clear of aU other chnrgee, ___
<br />_�rtr,:...: ;f' lions or oncumbrences impairing the c;e¢urity of thle Deed of Trust. —
<br /> - _� ;,«�.,'�;;, 8.To keep all butldinge now or hereafter erected on the property described herein continuouely inaured egainet loee by i3ce or other
<br /> hezarde in an emount not leae thnn!he Wtal debt eecurnd by thie Deed of Truet. All poltcies ehell be held by the Henefidary,and be
<br />- "� �-���--- •' ;n such compnnlea se the Beneficiary may nppmve and have loes payable timt to tho Honeficiary as ite intereet may appear and than --
<br /> to the Truetor.l'he nmount collected undar any inaurnnce palicy may be eppli�d upon ariy indebtedneee heroby eocw,ed ia euch order m
<br /> � the Benef3ciary ehall detennfne,Such applicntion by the Beneficiary ehall not cause discontinuunoe of any pracoedfnge to forecloee thfs
<br /> •' � Deed of Truet or cure or waive any dofnult or notice otdefgult or invnl!dub aay act done purnuant to euch notice.In the ovent of fo�rocloeure,
<br /> �� � � ull ri his of the'hvstor in insurnnce poikle4'�k}iirl'tn tblrs•b1�e14�idtls tAthe gurchneer nt the Corecloeure eale.
<br /> _ ,. x; g + '`��' ' � �����'�� n ur utherwiw+traneCerrtng tha proparty or a�y part theceof and e-�
<br /> 4.To obtnin the wrltten consent of,Ber��e�i�a�,i� t�_[Fiae�l��.;rio veY�9� _ ___
<br /> � a�y such eule,conveyance or tranefvr�i��bat�h'G�ttG"H�Ctl�t7►'a wrltteaconeent shall conetituW a defuult undor the terms honwf. _ -_-_
<br /> � -
<br /> 6.To defond any action or proceeding pnrporting to atT'ect the eecurity hemof or the righte or powere of Boneficiury or Truetee. _ �_
<br /> � 8.Should Truetor fnil to pay when due nny taxea,naseasmente,ineurunce promiume,I{ene,encumbrancee or other charges agaioet the -.��^��
<br /> � • proporty horeinabove described, Beneficfury may pay the oamo,and the amount eo paid,with interest at the rate set forth in tho note :�:;��T v__
<br /> �, secumd heroby,ehall be added to und become a part o[tho debt secured in this Daed of'14vat ne permitted by taw. =,_Y;u,�:
<br /> �� IT IS MUTUALLY A(�REED'fHAT: ����m�'��'°
<br /> : � '�`5'-"�--
<br /> i. In tho event a�y portion of the pmperty ie taken or damuged in an eminant domoin pn�ceeding,the entire nmount of tka awnrd ,.�-rF,_
<br /> or euch portion thereof ae may tw neceaeary to fuily satiefy the obliqation eecured hnreby,eholl bo paid to Beneficiery to be applied to �-`�::=i:=.
<br /> " t aaid obligntlon. '`�
<br /> --�-•' - �' 2 R��onUna unvment ot any eum eecured hereby uRor its due dnW,BeneRcfary dces not wnfve its right to requlre prompt peyment � '�
<br /> _ ___ _ _, . . _ . . ' �
<br /> whun duo of ell other sume eo secured or to declare detnult tor tatluro w eo pny. - - _-
<br /> 3.Tho Truetco ehull remmey all ar any part of tho proporty covered by thie Deed of Truet to tho pereon entitled thereW,on wrttten
<br /> the Boneficinry or the pn on entiBtled ihere or upon satfefactton of tho obligation eecared nnd wrltten request for recwaveyance made by ` �
<br /> <.
<br /> 21A3 C91 (NE�
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