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<br />�01�02�25
<br />WHEN RECORDED MAIL TO: '�� �
<br />Platte Valley State Bank 8 Trust Company
<br />PVSB Grand Island Branch � u
<br />810 Allen Dr
<br />Grand Island. NE 68803 FOR RECORDER'S USE ONLY �CJ,
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated March 30, 2012, among Robert D Real, whose address is 609 E
<br />9th St, Wood River, NE 68883 and Jason D Real, whose address is 5488 S Bluff Ctr Rd,
<br />Shelton, NE 68876; as joint tenants with right of survivorship and not as tenants in common
<br />("Trustor"); Platte Valley State Bank 8� Trust Company, whose address is PVSB Grand Island
<br />Branch, 810 Allen Dr, Grand Island, NE 68803 (refe�ed to below sometimes as "Lender" and
<br />sometimes as "Beneficiary"); and Platte Valley State Bank � Trust Company, whose address is
<br />2223 2nd Ave, Kearney, NE 68848 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideraUon, Trustor conveys to Trustee In trust, WITH POWER OF SALE,
<br />for the benefit of Lender as Beneflctary, all of Trustor's right, Ude, 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, �ights of way, and appurtenances; all water, water rights and ditch rights (including stock in utiliUes with
<br />ditch or irrigaUon rights); and all other rights, royalties, and profds� relatin to the real property, includin without
<br />limitation all minerals, oil, gas, geothermal and similar matters (the Real �roperty' ) located In Hall � O1111ty,
<br />State of Nebraska:
<br />THE EAST ONE HUNDRED SIXTY-FIVE (165) FEET OF THE WEST HALF (W1/2) OF LOT
<br />TEN (10), AND THE WEST FORTY-THRE� (43) FEET OF THE EAST HALF (E1/2) OF LOT
<br />TEN (10), OF THE COUNTY SUBDIVISION OF SECTION NINETEEN (19), IN TOWNSHIP TEN
<br />(10), NORTH, RANGE ELEVEN (11) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 609 E 9th St� Wood River, NE 68883.
<br />The Real Properly tax identiflcation number is 400178656.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to
<br />Borrower whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed
<br />of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan
<br />to Borrower, together with all interest thereon.
<br />Trustor presenUy assigns to Lender (also known as Beneflciary in this Deed of Trust) att of Trustor's right, tiUe, and
<br />interest in and to all present and future leases of the Property and all Rents from the Property. In additfon, 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 INTERE3T IN THE RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGA770NS 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at
<br />Borrower's request and not at the request of Lender, (b) Trustor has the full power, �ight, and authority to enter fnto
<br />this Deed of Trust and to hypothecate the Property; (c) the provisions of this Deed of Trust do not conflict with, or
<br />result in a default under any agreement or other instrument binding upon Trustor and do not result in a violatlon of any
<br />law, regulation, court decree or order applicable to Trustor, (d) Trustor has established adequate means of obtaining
<br />from Borrower on a contlnuing basis informaUon about BoROwers financial condition; and (e) Lender has made no
<br />representation to Trustor about BoROwer (including without Iimftation the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency"
<br />law, or any other law which may prevent Lender from bringing any action against Trustor, including a claim for
<br />deflciency to the extent Lender is othervvise entiUed to a claim for deficiency, before or after Lender's commencement
<br />or completlon of any foreclosure action, either judiGally or by exercise of a power of sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Bonower shall pay to Lender all
<br />Indebtedness secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall perform all thelr
<br />respective obligations under the Note, this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that BorrowePs and Trustor's
<br />possession and use of the Property shall be govemed by the following provisions:
<br />Possession and Use. Until the occurrence 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 Malntaln. Trustor shall ma(ntain the Property in good conditlon and promptly perForm atl repairs,
<br />replacements, and maintenance necessary to preserve its value.
<br />Compllance With Environmental Laws. Trustor represents and wamants to Lender that: (1) During the period of
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