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TRUST DEED <br />86- j()6809, <br />THIS DEED OF TRUST, made and entered into this ____ 12 el, eta% of <br />Gordon H. Bigger, Jr. and Sharon K Bigger, <br />by and between .__.Husband_- and .. - Wife,- as -joist ._ . Tru,0r. and _F TitIs Trustee, <br />tenants and not as tenants in common. <br />and ___ _.__ ____.__..__�.._- --- ------ _ —____ ,s.sur.ity_P.&ri£tic. Elgancp Corn _ --- Beneficiary. <br />WITNESSETH: That the Trustor do by these presents grant, bargain and sell, convey and confirm with Power of Sale <br />unto the Trustee the following described Real Estate including all buildings, improvements, and fixtures of every kind now or <br />hereafter erected or placed on the real estate, situated in Ha11_________ —. _— County, in the State of Nebraska: <br />Property known as: LOT 17, LEHEIGFITS 4TH SUBDIVISION, HALL COUNTY, NEBRASKA <br />Filed for Record. _ <br />and possession of said premises now deir:ered unto said Trustee; <br />at —_.M. <br />in Book -__. -_ of <br />Page <br />TO HAVE AND TO HOLD the same. with all right,, privileges. and appurtenances thereto belonging unto the Trustee, <br />his executors, administrators, heir,, and assign, fore,cr. And the Trustor hereby expressly waives, releases, and relinquishes <br />unto the Trustee all right, title, claim, interest, benefit, and estate whatever, in and to the above - described premises and each <br />and every part thereof, which is given by or result, tram all laws of the State of Nebraska pertaining to the exemption of <br />homestead. And the Trustor covcnams with the Trustee that he will tore,cr warrant and defend the title to the same against the <br />lawful claims of all persons whomsoever. <br />IN TRUST HOH'EVER, for the 101 4Quin :g described purposes: AHEREAS, the Trustor did on this date execute a <br />Promissory Note evidencing a loan for the principal amount of � - __o-lOy,.�b_— _._________._____ and interest thereon <br />according to the terms of said PCOntissor} Note; said Prorni, ory Note bring payable m monthly installments at such place as <br />the sencficiary may designate in waling tram time to time. Notwithstanding any provision contained herein or in said <br />Promissory Note to the contrary, if not sooner paid, all sums due and owing under the terms of said Promissory Note shall be <br />paid on or before <br />It is agreed by and between the parties hereto that until films of Notice of Detault, the Trustor shall: (1) pay all present <br />and future taxes and assesstnents, general and special, against said propert} before the same becomes delinquent or actionable: <br />(2) keep all improvements erected on the land insured as ma> be required from time to time by beneficiary against loss by fire <br />and other hazards, casualties and contingencies, in such amount, and for such periods as are reasonable and may be required <br />by beneficiary, and to keep all p ohcto of ,ush utsurance tit torcr or effect upon the property herein described constantly <br />assigned and delivered to beneficiar%. t3) pay and comply wish all of the terms and conditions of any lien, claim or <br />indebtedness that may he %enior to or take precedence to this Trust Deed as soon as any such payment on such lien, claim or <br />indebtedness shall become due: and upon failure ,! Trustor to keep any said agreements, beneficiary may pay such tax, pay for <br />such insurance or pay off such hen, or claims or indebtedness as the case may be. and the money so expended together, thereon <br />as provided by the term% of the atorcmennoned Promissory vote, shall be secured by this Trust Deed, and the Trustor agrees <br />to repay the same upon demand, and upon tasiure to do so the halance of the attached note shall become immediately due and <br />payable at the option of the beneficiary: 0) srsecit;cally confer upon the Trustee the power of sale as provided in Nebraska law: <br />t5l retain possession of the premises and collect the rents and revenues therefrom. <br />Upon payment of all the sums sectored by this Trust Deed, the Beneficiary shall request the Trustee to reconvey the <br />property and shall surrender this Trust Deed and all notes evidencing indebtedness secured by this Trust Deed to the <br />Trustor. Trustee shall reconvey. the property without warrant }, to the person or persons legally entitled thereto: but if <br />default be made in the payment of said note or any part thereof or any of the interest thereon when due or in the faithful <br />performance of any or either of said ogreeriterts was aforesaid. then, the whole of said note shall become due and be paid as <br />hertwitifter provided, and this deed shall rtetnain in force: the Trustee or his attorney may proceed to sell the property in <br />its entirety or in parcels at the option of the Trustee hereinbefore described at public auction, to the highest bidder, for <br />cash. However. the power of sale herein conferred upon the Trustee shall not he exercised until 11) the Trustee shall first <br />file for rmorti. in the office of the register of deeds of each county wherein the trust preperty or some part or parcel <br />therein is situated, a notice of tlefault. identifying the Trustee by stating the names of the Trustor and names therein and <br />giving; the book and page where the same is recorded, a description of the trust property, and containing a statement <br />that a breach of an obligation for which the trust property was conveyed as security has occurred, and setting forth the <br />nature of such breaLb and of his election to sell or cause to be sold such property to satisfy the obligation; and 42) after <br />L the lapse of not leisa, than one, month. the Trustee shall give notice of sale as provided by Nebraska law. After notice of <br />default and lopim of not &figs than one month, the Truste- shall rive written notice of the time and place of wile <br />pnr4iculady describing the pr%wrty to be sold by publication of such notice. at least five times, once it week for five <br />consecutive weeks, the last publication to I* at least 10 day, but not more than 30 days prior to the ales iii some <br />new having a general circulation it) each county in which the Property to be sold, or some part thert -elf, is Situat(A. <br />Up ri h sale. the Trustee shall execute and deliver it deed of conveyance of the property sold to the purchaser or <br />purchasers the", if and ant ,we•rnerit or recital of fact in Such deal in relation to the exercise of the power of wale and <br />*alt^ of t:hd prrrltert><• describeii thitqvin, inciuding; revitalas concerning any inailiniz, lx'rson sl delivery and 1?uhl,c<atton of the• <br />awake c'4 cf+fastik, s,ny railing, and trfre publication and porting of notice of wait,. and the^,-onduo of -zole and :;uch rvvital <br />4,utll ccwaz ucutrt, priala fat at• evid eoc c- of -kvch cornpliance and conclusive A idence thereof in 'a, w of ! ona title= <br />