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�� <br />- <br />� <br />� <br />— <br />N �� <br />B �� <br />m - <br />� <br />� <br />�� � <br />..�� <br />- <br />�� <br />� <br />a"� <br />�YI <br />C ° . <br />� � � <br />� � �� <br />� � <br />� <br />, <br />' <br />'� � ,: i. , <br />... <br />,,� � <br />S� <br />D _} <br />r � <br />r �,.,. <br />c� ,' <br />0 <br />_ <br />��, � <br />.� <br />�- <br />�,,� � <br />; <br />''; �--.� <br />2 . <br />u+i �� <br />r�i C <br />_� r'-- <br />�i � <br />r <br />v <br />---d <br />i _� <br />r� <br />-r, <br />� <br />� <br />F ' <br />' t <br />C..+) <br />n � <br />O --1 <br />C D <br />Z � <br />� rn <br />� O <br />p T <br />�, <br />z <br />� in <br />r� ; z, <br />r z� <br />r n <br />� <br />� <br />IL <br />� � <br />C!> <br />� <br />WHEN RECORD�D MAIL TO: <br />PINNACLE BANK <br />AURORA MAIN OFFICE <br />1234 L ST <br />PO BOX 229 <br />AURORA, NE 68818 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 5199,200.00. <br />THIS DEED OF TRUST is dated October 5, 2012, among R RYAN HANSEN and NICOLE <br />HANSEN, HUSBAND AND WIFE, whose address is 705 REDWOOD ROAD, GRAND ISLAND, NE <br />68803 ("Trustor"); PINNACLE BANK, whose address is AURORA MAIN OFFICE, 1234 L ST, <br />PO BOX 229, AURORA, NE 68818 (referred to below sometimes as "Lender" and sometimes <br />as "Beneficiary"); and PINNACLE BANK, whose address is PO BOX 229, AURORA, NE 68818 <br />(referred to below as "Trustee"). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, <br />for the banafit of Lender as Beneflciary, 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, end appurtenances; all weter, water rights and ditch rights (including stock in utilities with <br />ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real P�operty") IoCeted 'In HALL <br />County, State of Nebraska: <br />LOT FIVE (5), WESTWOOD PARK SIXTH SUBDIVISION, IN THE CITY OF GRAND ISLAND <br />HALL COUNTY, NEBRASKA. <br />The Real Properly or its address is commonly known as 705 REDWOOD ROAD, GRAND <br />ISLAND, NE 68803. <br />FUTURE ADVANCES. In addition 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. Specifically, without limitation, this Deed of Trust <br />secures, in addition to the amounts specified in the Note, ell 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 Beneficiary in this Deed of Trust) all of Trustor's right, tiile, and <br />interest in and to all present and future leases of the Property end 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) PAYMEWT OF THE INDEBTEDNESS AND (6) PERFORMANCE OF <br />ANY AND ALL OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON <br />THE 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 strictly and in a timety menner perform all of <br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAIIVTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the <br />Property shall be governed 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 menege the Property; end (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in good con�ition end promptly perform all repairs, <br />replacements, and maintenance necessary to preserve its value. <br />Hazardous Substances. Trustor represents and warrants thet the Property never has been, and never will be so <br />long as this Deed of Trust remains a lien on the Property, used for the generation, manufacture, storage, <br />treatment, disposal, release or threatened release of any Hazardous Substance in violation of any Environmental <br />Laws. Trustor authorizes Lender and its agents to enter upon the Property to make such inspections and tests as <br />Lender may deem appropriate to determine compliance of the Property with this section of the Deed of Trust. <br />Trustor hereby (1) releases and waives any future claims against Lender for indemnity or contribution in the event <br />Trustor becomes liable for cleanup or other costs under any suck� laws, and (2) agrees to indemnify, defend, and <br />hold harmless Lender egainst eny and all cleims and losses resulting from a breach of this paragraph of the Deed of <br />Trust. This obligation to indemnify end defend shall survive the payment of the Indebtedness and the satisfaction <br />of this Deed of Trust. <br />DUE ON SALE - CONSENT BY LEWDER. Lender may, at Lender's option, declare immediately due and payable all sums <br />secured by this Deed of Trust upon the sale or transfer, without Lender's prior written consent, of all or any part of the <br />Real Property, or any interest in the Real Property. A"sale or transfer" means the conveyance of Reai Property or any <br />right, title or interest in the Real Property; whether legal, beneficial or equitable; whether voluntary or involuntary; <br />N <br />O <br />4—a <br />N <br />C� <br />� <br />cn <br />�� <br />'� <br />S �D <br />� <br />