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<br /> �.1,► �� NEBRASKA DEED OF TRUST � � � ;�;�
<br /> (With Power of Sale) .�. .
<br /> s'��
<br /> THIS DEED OF TRUST,made this 2p day of MARCH , 1998 -,�
<br /> between ROBERT R BARTZ & MICHELLE L BARTZ HUSBAND & WIFE AS JOINT TENANTS �"'l�--
<br /> whose mailing address is 2017 W 11 TH AVE GRAND ISLAND NE 68803 � �
<br /> • as Trustors> STEWART TITLE GUARANTY COMPANY ' \c
<br /> whose mailing address is 1220 WASHINGTON STE 100 KANSAS CITY MO 64105
<br /> as Trustee,and Norwest Financial Nebraska,Inc.,whose mailing address is 2319 NORTH WEBB ROAD �
<br /> GRAND ISLAND NE 68803 , as Beneficiary
<br /> WITNESSETH,Tivstors hereby irrevocably,grant,bargain,sell,and convey to Trustee in trust,with power of sale,the following described
<br /> property in HALL County,Nebraska:
<br /> LOT FOUR (4) AND THE EASTERLY TWENTY SEVEN FEET (E27' ) OF LOT FIVE
<br /> (5), BLOCK NINE (9), BOGGS AND HILL'S ADDITION TO THE CITY OF GRAND
<br /> ISLAND, HALL COUNTY , NEBRASKA.
<br /> Together with tenements,hereditatnents,and appurtenances thereunto belonging or in anywise appertaining and the rents,issues and pro�ts
<br /> thereof. ,
<br /> This conveyance is intended for the purpose of securing the payment to Beneficiazy of Trustors'promissory note of even date in the amount
<br /> of$9.744.00 (Total of Payments).Said Total of Payments is repayable according to the terms of said note.Payment may be made in
<br /> advance in any amount at any time. Default in malting any payment shall,at the Beneficiary's option and without notice or demand,render the
<br /> entire unpaid balance of said loan at once due and payable,less any required rebate of charges.
<br /> To protect the security of this Deed of Trust,Trustor covenants and agrees:
<br /> 1.To keep the property in good condition and repair�,to permit no waste thereof;to complete any building,sttvcture or improvement being
<br /> built or about to be built thereon;to restore promptly any building,structure or improvement thereon which may be damaged or destroyed;and to
<br /> comply with all laws,ordinances,regulations,covenants,conditions and restrictions affecting khe property.
<br /> 2.To pay before delinquent all lawful taxes and assessments upon the property;to keep the property free and cleaz of all other chatges,liens
<br /> or encumbrances impairing the security of this Deed of Trust.
<br /> 3.To keep all buildings now or hereafter erected on the property described herein continuously insured against loss by fue or other hazatds
<br /> in an amount not less than the total debt secured by this Deed of Trust.All policies shall be held by the Beneficiazy,and be in such companies as
<br /> the Beneficiazy may approve and have loss payable first to the Beneficiary as its interest may appeaz and then to the Trustor. The amount
<br /> collected under any insurance policy may be applied upon any indebtedness hereby secured in such order as the Bene�ciaty shall determine.
<br /> Such application by the Beneficiary shall not cause discontinuance of any�proceedings to foreclose this Deed of Trust or cure or waive any
<br /> default or notice of default or invalidate any act done pursuant,xo suGh notice.In the event of foreclosure,all rights of the Trustor in insurance
<br /> policies then in force shall pass to the purchaser at the foreclosure�aje. �
<br /> 4.To obtain the written consent of Beneficiaty before selluig,conveying or otherwise transferting the property or any pa,rt thereof and any
<br /> such sale,conveyance or transfer without the Beneficiazy's written consent shall constitute a default under the terms hereof.
<br /> 5.To defend any action or proceeding purporting to affect the security hereof or khe rights or powers of Beneficiary or Trustee.
<br /> 6. Should Trustor fail to pay when due any taxes, assessments,insurance premiums, liens, encumbrances or other charges against the
<br /> property hereinabove described,Bene�ciary may pay the same,and the amount so paid, with interest at the rate set forth in the note secured
<br /> hereby,shall be added to and become a part of the debt secured in this Deed of Trust as permitted by law.
<br /> IT IS MUTUALLY AGREED'I'AAT:
<br /> 1.In the event any portion of the property is taken or damaged in an eminent domain proceeding,the enkire atnount of the award ot such
<br /> portion thereof as may be necessary to fully satisfy the obligation secured hereby,shall be paid to Beneficiaty to be applied to said obligation.
<br /> 2.By accepting payment of any sum secured hereby after its due date,Beneficiary dces not waive its right to require prompt payment when
<br /> due of all other sums so secured or to declaze default for failure to so pay.
<br /> 3.The Trustee shall reconvey all or any part og the property covered by this Deed of Trust to the person entitled thereto,on written request
<br /> of the Trustor and the Bene�ciary,or upon satisfaction of the obligation secured and written request for reconveyance made by the Beneficiary or
<br /> the person entitled thereto.
<br /> NE-991-1197-1
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