|
��
<br />�
<br />�
<br />N.-
<br />0 =
<br />N '��
<br />0 ��
<br />� �
<br />� -
<br />�
<br />��
<br />��
<br />�
<br />� �
<br />4 �
<br />0
<br />O
<br />r -�
<br />c� � �
<br />_ '�v� O -1
<br />C D �
<br />r s Z r�T1 �
<br />c� �'�-- � - � � �
<br />� L� p � � �
<br />r-� '�`] � : � PV
<br />�? S Rl "_
<br />rn -� y� �C7
<br />r i � f - r - p�. � F--+
<br />:o � � �
<br />f�-+
<br />- � n N D �
<br />� �� N � `. ��'1 Q�
<br />N � N '�'-r�
<br />�
<br />WHEN RECORDED MAIL TO: � Vv�
<br />Platte Velley State Bank 8� Trust Company
<br />PVSB Grand Island Branch
<br />810 Allen Dr
<br />Grand Island NE 88803 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />��
<br />y � ' S
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not excced at any one time $30,291.00.
<br />THIS DEED OF TRUST is dated February 23, 2012, among Terry D. Roth, wh�e addr�ess is
<br />4164 Hartford St., Grand Island, NE 68803 and Br�erxfa K. Roth, whose addr�ess is 4164
<br />HartFord Street, Grand Island, NE 68803, husband and wife, as Joirrt tenarrts and not as
<br />tenarHs in corrnr�on ('Trustor"); Platte Valley State Bank 8� Trust Company, wh�e addness is
<br />PVSB Grand Island Branch, 810 Allen Dr, Grand Island, NE 68803 (r�eferred to below
<br />some�me.s as "Lender" and someiim� as "Beneficiary"); and Platte Valley State Bank � Trust
<br />Company, whose addness is 2223 2nd Ave, Keamey, NE 68848 (r�eferred to below as
<br />"Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee 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 with all existing or subsequently erected or affixed buildings, improvements and fixtures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br />ditch or irrigation rights); and all other rights, royalties, and profit „relatin to the real property, includin without
<br />limitation all minerals, oil, gas, geothsrmal and similar matters, (the Real � �Operty ) IOCBte in Hall �ounty,
<br />State of Nebraska:
<br />LOT FIFTEEN (15), JEFFREY OAKS SUBDIVISION, TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 4164 HartFord St., Grand Island, NE
<br />68803. The Real Property tax identification number is 400324733.
<br />FUTURE ADVANCES. In addiUon to the Note, this DPed of Trust secures all future advances made by Lender to Trustor
<br />whether or not the advances are made pursuant to a commitment. Speciflcally, without limitation, this Deed of Trust
<br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to
<br />Trustor, together with all interest thereon.
<br />Trustor presently assigns to Lender (also known as Beneflciary in this Deed of Trust) all of TrustoPs right, title, and
<br />interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor
<br />grants to Lender a Uniform Commercfal 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 AND
<br />PERSONAL PROPERTY, IS GNEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGAT101dS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERM3:
<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 strictly and in a timely manner perform all of
<br />Trustors obligations under the Note, 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
<br />Property shail be govemed by the foilowing provisions:
<br />Possesslon and Use. Untfl the ocxuRence of an Event of Default, Trustor may (1) remain in possession and
<br />controi of the Properly; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintaln. Trustor shall maintafn the Property in good condition and promptly perform all repairs,
<br />replacements, and maintenance necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the pe�iod of
<br />TrustoPs ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal,
<br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property;
<br />(2) Trustor has no knowledge of, or reason to believe that there has been, exc�pt as previously disclosed to and
<br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any use,
<br />generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance
<br />on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />threatened litigatfon or claims of any kind by any person relating to such matters; and (3) Except as previously
<br />disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contractor, agent or other
<br />authorized user of the Property shall use, generate, manufacture, store, treat, dispose of or release any Hazardous
<br />Substance on, under, about or from the Property; and (b) any such activity shall be conducted in compliance with
<br />all applicable federal, state, and local laws, regulations and ordinances, including wlthout limftation all
<br />Environmental Laws. Trustor authorizes Lender and its agents to enter upon the Property to make such
<br />
|