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<br /> TRUST DEED � �; "� Q
<br /> THIS TRUST DEED,made and entered into this 7TH day of APRIL , 1998 by and
<br /> between DIANE L. TAGGE, AN UNMARRIED PERSON ,Trustor,
<br /> DOUGLAS HAND ,T��,
<br /> and BENEFICIAL NEBRASKA INC.d/b/a BENEFICIAL MORTGAGE CO.,a Nebraska corporation,Beneficiary. �_
<br /> WITNESSETH:That,Trustor,by these presents,does grant,bargain and sell,convey and confirm with Power of Sale unto Trustee the �
<br /> real property, including all buildings,improvements,and fixtures of every kind now or hereafter erected or placed on the real property C�
<br /> (hereafter referred to as the Property)situate in HALL County,State of Nebraska.
<br /> Lots Four (4) , Five (5) , and Six (6) of Shady Lane Subdivision,
<br /> Hall County, Nebraska.
<br /> Possession of the Property having now been delivered to Trustee:
<br /> �If this box is checked,this Trust Deed is subject to a prior trust deed dated June 18 , 1997 ,executed by
<br /> Diane L. Tat�Qe, an Unmarried Person ,as trustor(s)to
<br /> Arend R. Baack, Attornev at I.aw ,as trustee for
<br /> thebenefitof ThP Overland 11'ational �3ank of Grand Island ,asbeneficiary,
<br /> securing payment of a promissory note in the principal amount of$ 40,000.00 .That prior trust deed was recorded on
<br /> June 24 , 1997 with the Recorder of Hall County, Nebraska in Book
<br /> 97-104936 page
<br /> TO HAVE AND TO HOLD the same,with all rights,privileges and appurtenances to such Property belonging unto Trustee,and executors,
<br /> administrators,heirs,successors and assigns for Trustee forever.And Trustor in this Trust Deed expressly waives,releases and relinquishes
<br /> unto Trustee all right,title,claim,interest,benefit and estate whatever,in and to the Property which is given by or results from all laws of
<br /> the State of Nebraska pertaining to the exemption of homestead.And Trustor covenants with Trustee that he will forever warrant and
<br /> defend the title to the Property against the lawful claims of all persons whomscever.
<br /> IN TRUST HOWEVER,for the purposes described,as follows:Trustor on this date has executed a promissory Note or Loan Agreement �
<br /> (hereafter"Agreement"),which evidences a loan in the Actual Amount of Loan of$ 8 4 5 4.7 9 (hereafter referred to
<br /> as the"Principal"),together with interest on unpaid balances of the Principal from time to time outstanding at the Rate of Charge set forth
<br /> in the Agreement,the Final Due Date being Anril 13 , 2003 ,all of which is payable at the o�ce of Beneficiary.
<br /> Until the filing of a Notice of Default,Trustor shall:(1)pay all present and future taxes and assessments,general and special,against the
<br /> Property before the taxes become delinquent or actionable; (2) keep the structures located on the Property securing this loan insured
<br /> against damage caused by fire and other physical hazards, name Beneficiary a loss payee and deliver to Beneficiary a loss payable
<br /> endorsement. If insurance covering the Property is cancelled or expires while the loan is outstanding and Trustor does not reinstate the
<br /> coverage,Beneficiary may obtain,at Beneficiary's option,hazard insurance coverage protecting Beneficiary's interest in the Property.
<br /> Trustor authorizes Beneficiary,at Beneficiary's option,to obtain coverage on the Property in an amount not greater than the outstanding
<br /> balance of principal and interest on the loan or,if known to be less,the replacement value of the Property,in the event that Trustor fails to
<br /> maintain the required hazard insurance or fails to provide adequate proof of its existence.Trustor authorizes Beneficiary to chazge Trustor
<br /> for the costs of this insurance and add the insurance charges to the unpaid balance of the loan which accrues interest at the Rate of Chazge.
<br /> The addition of the insurance chazges due might increase the amount of Trustor's final instalment.The cost of Creditor Placed Hazazd
<br /> Insurance might be higher than the cost of standard insurance protecting the property. The Creditor Placed Hazazd Insurance will not
<br /> insure the contents of the Property or provide liability coverage.T'he insurance might not be the lowest cost coverage of its type available
<br /> and Trustor agrees that Beneficiary has no obligation to obtain the lowest cost coverage. Beneficiary or an affiliated company might
<br /> receive some benefit(i.e.commission,service fee,expense reimbursement,etc.)from the placement of this insurance and Trustor will be
<br /> chazged for the full cost of the premium without reduction for any such benefit.If at any time after Beneficiary has obtained this insurance,
<br /> Trustor provides adequate proof that Trustor has subsequently purchased the required coverage, Beneficiary will cancel the coverage
<br /> Beneficiary obtained and credit any unearned premiums to Tru9tor's'�1"an,and(3)pay and comply with all the terms and conditions of any
<br /> lien,claim or indebtedness that may be senior to or take precedence of this Trust Deed as soon as any such payment on or of such lien,
<br /> claim or indebtedness shall become due.Upon failure of Trustor to keep any agreements made in this Trust Deed,Beneficiary may pay
<br /> accrued taxes and insurance premiums or pay off�y liens or claims or indebtedness, as the case may be.The money so expended by
<br /> Beneficiary for this purpose shall bear interest at the Rate of Charge and shall be secured by this Trust Deed.Trustor agrees to repay the
<br /> same upon demand. Upon failure so to do, the loan immediately shall ecome due and payable, at the option of Beneficiary. Trustor
<br /> specifically confers upon Trustee that Power of Sale as provided in NeYk�c�"law,and shall retain possession of the Property and collect
<br /> the rents and revenues therefrom until filing of suc.]�jotice.
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<br /> Bor 4 NE 13-l5,Ed.April'97 �' ,� „
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