|
�
<br />��
<br />N �
<br />0 �
<br />N ��
<br />0 ��
<br />N ��
<br />�
<br />�
<br />���
<br />��
<br />�
<br />��
<br />�
<br />�
<br />� �
<br />� � se
<br />� �
<br />� �
<br />0
<br />�
<br />_
<br />D
<br />r
<br />r ..�
<br />o �`, �
<br />� ��.
<br />I�°7
<br />u� �
<br />_,
<br />n
<br />v
<br />c� ('Zr,
<br />� 0.,
<br />r*� �
<br />m
<br />a
<br />�
<br />r..,
<br />r _y
<br />�-�
<br />'v
<br />S
<br />�
<br />N
<br />cx�
<br />�
<br />�
<br />1
<br />rv
<br />cn
<br />N
<br />C'� (�1
<br />O --�
<br />c n
<br />Z �
<br />-� m
<br />� o
<br />o �
<br />' �' 1 Z
<br />= m
<br />a rn
<br />r �
<br />r n
<br />C/')
<br />�
<br />D
<br />��
<br />cn
<br />N
<br />O
<br />4--a
<br />N
<br />0
<br />N
<br />W
<br />Ca
<br />C11
<br />�
<br />WHEN RECORDED MAIL TO: E�� D�
<br />Platte Valley State Bank 8� Trust Company � �
<br />PVSB (irand Island Branch
<br />810 Allen Dr
<br />Grand Island. NE 68803 FOR RECORDER'3 USE QNLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated March 14, 2012, among Willlam R Jacobs, whose address Is
<br />412 Hillside Dr, Cairo, NE 68824 and Kellie L Jacobs, whose address is 412 Hillside Dr, Cairo,
<br />NE 68824, husl�nd and wife, as joint tenants and not a.s tenants in common ("Trustor");
<br />Platte Valley State Bank 8 Trust Company, whose address is PVSB Grand Island Branch, 810
<br />Allen Dr, Grand Island, NE 68803 (refe�red to below sometimes a,s "Lende�" and sometim� as
<br />"Beneficiary"); and Platte Valley State Bank 8 Trust Company, whose addres.s Is 2223 2nd
<br />Ave, Kearney, NE 68848 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideratlon, Trustor conveys to Trustee in trust, WITH POWER OF SALE,
<br />for the beneflt of Lender as Beneflclary, all of Trustor's right, tttle, and interest in and to the following descrfbed real
<br />property, together with all existing or subsequently erected or affixed buildings, improvements and flxtures; all
<br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with
<br />ditch or irrigaUon hghts); and all other rights, royalties, and profits relatin to the real prope includin without
<br />Iimitatfon all minerals, oil, gas, geothermal and similar matters, (th@ ° Real �' fOp@�'!�/" ) located in Hall � OU�ty,
<br />State of Nebraska:
<br />LOT SIX (6), CENTURA HILLS SUBDIVISIAN, AN ADDITION TO THE VILLAGE OF CAIRO,
<br />HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 412 Hillside Dr, Cairo, NE 68824.
<br />The Real Property tax identification number is 400373440.
<br />FUTURE ADVANCES. In addidon to the Note, this Deed 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 specifled 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 Trustor's 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 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 AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE Except as othenvise provided in this Deed of Trust, Trustor shall pay to Lender all
<br />emounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner pertorm 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 />Properly shall be govemed by the following provisfons:
<br />Possession and Use. Untfl the ocxurrence of an Event of Default, Trustor may (1) remain in possession and
<br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Malrrteln. Trustor shall maintain the Property in good condition and promptly perform ail repairs,
<br />replacements, and mafntenance necessary to preserve its value.
<br />Compliance With Envlronmental Laws. Trustor represents and warrants to Lender that: (1) During the period of
<br />Trustor's 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 Properly;
<br />(2) 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,
<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 Properly, or (c) any actual or
<br />threatened litigation or claims of any kind by any person relating to such matters; and (3) Except as previously
<br />disctosed to and acknowledged by Lender in writing, (a) nefther Trustor nor any tenant, contractor, agent or other
<br />authorized user of the Properly shall use, generate, manufacture, store, treat, dispose of or retease any Hazardous
<br />Substance on, under, about or from the Property; and (b) any such activity shall be conducted in complianc� with
<br />all appflcable federal, state, and local laws, regulatlons and ordinances, including without limitation all
<br />Environmental Laws. Trustor authorizes Lender and its agents to enter upon the Property to make such
<br />inspeetfons and tests, at Trustor's expense, as Lender may deem appropriate to deteRnine compliance of the
<br />Property with this section of the Deed of Trust. Any inspections or tests made by Lender shall be for Lender's
<br />purposes only and shall not be construed to create any responsibility or Ifabilit�r on the part of Lender to Trustor or
<br />�
<br />�
<br />�
<br />�
<br />�
<br />�
<br />�
<br />�,
<br />�
<br />
|