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<br />WHEN RECORDED MAIL TO:
<br />HOME FEDERAL SAVINGS AND LOAN
<br />ASSOCIATION OF N�RASKA
<br />HasUngs
<br />715 West 4th Street
<br />P O Box 927
<br />_ Hastlnas. NE S89Q1-0927 FOR RECORDER'S USE ONL ��
<br />DEED OF TRUST �� �
<br />THIS DEED OF TRUST is dated February 29, 2012, among Rodney D Boehler; A Single
<br />Person ("Trustor"); HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF NEBRASKA,
<br />whose address is Hastings, 715 West 4th Street, P O Box 927, Hastings, NE 6890y-0927
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficlary"); and Home
<br />Federal Savings and Loan Association of Nebraska, whose address is P O Box 960,
<br />Lexington, NE 68850 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustes in trust, WITH POWER OF SALE�
<br />for the beneflt of Lender as Beneflclary, all of Trustor's right, title, and interest in and to the following described real
<br />property, together wfth all existing or subsequently erected or affbced buildings, improvements and ftxtures; all easements,
<br />rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utll(tles with ditch or irrigation
<br />rights); and all other rights, royaltles, and proflts relatln to the real property, includ(ng without IimitaUon all minerals, oil, gas,
<br />geothermal and similsr matters, (the " Real Prope l�/") IOCBt@d 111 (iall County, State of Nebraska:
<br />Lot Sixteen (16), Meadow Lane Subdivision, Grand Island, Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 3435 Primrose Dr, Grand Island, NE
<br />68801. The Real Properly tax identification number is 400213265.
<br />REVOLVING LINE OF CREDIT. Thls Deed of Trust secures the Indebtedness Including, without ilmltation, a revolving
<br />Iine of credit, whlch obllgates Lender to make advances to Trustor so long as Trustor complles wlth ell the terms of
<br />the Credit Agreement. Such advances may be made, repald, and remade trom time to tlme, subject to the Ilmltatlon
<br />that the total outstanding balance owing at any one Ume, not Including flnance charges on such balance at a flxed or
<br />varlable rate or sum as provided In the Credlt Agreement, any temporary overages, other charges, and any amounts
<br />expended or edvanced as provided in elther the Indebtedness paragraph or thls paragraph, shell not exceed the
<br />Credlt Limlt as provlded In the Credtt Agreement. It Is the Intention of Trustor and Lender that thls Deed of Trust
<br />�cures the balance outstending under the Credit Agreement from ttme to ttme hom zero up to the Credlt LImIt as
<br />provided in the CredYt Agreement end any Intermedlate balance.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in
<br />and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a
<br />Uniform Commercial Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS
<br />AND PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B)
<br />PERFORMANCE OF EACH OF TRUSTOR'S AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT,
<br />THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br />amounts secured by this Deed of Trust as they become due, and shall sMctly and in a tlmely manner perform all of Trustors
<br />obligatlons under the Credit Agreement, this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Praperty
<br />shall be govemed by the following provisions:
<br />Possesslon end Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of
<br />the Property; (2) use, operate or manage the Properly; and (3) collect the Rents from the Property.
<br />Duty to Malntaln. Trustor shall maintain the Property in good conditlon and promptiy perform all repairs, replacements,
<br />and maintenance necessary to preserve its value.
<br />Compllance Wlth Envlronmenta! Laws. Trustor represents and waRants to Lender that: (1) Durfng the period of
<br />Trustor's ownership of the Property, there has been no use, generation, menufacture, storage, treatment, disposal,
<br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property; (2)
<br />Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and
<br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any use, generation,
<br />manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance on, under, about
<br />or from the Properiy by any prior owners or occupants of the Property, or (c) any actual or threatened litigatlon or
<br />claims of any kind by any person relating to such matters; and (3) E�ccept as previously disclosed to and acknowledged
<br />by Lender in writing, (a� nefther Trustor nor any tenant, contractor, agent or other authorized user of the Property shall
<br />use, generate, manufacture, store, treat, dispose of or release any Hazardous Substance on, under, about or from the
<br />Property; and (b) any such activity shall be conducted in compliance wfth all applicable federal, state, and local laws,
<br />regulatlons and ordinances, including without limitation all Environmental Laws. Trustor authorizes Lender and its agents
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