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�� <br />�� <br />- <br />0 � <br />� � <br />� �� <br />� — <br />� �� <br />- <br />- <br />�� <br />�� <br />� <br />�� <br />� <br />��� <br />��� <br />� � <br />�' <br />�, <br />�. � <br />�� <br />Iv <br />�� <br />� <br />Z� <br />� �� ,. <br />� �j` <br />V , � ,_ .. <br />� i �m =„ <br />i_; —_. <br />i�� �� <br />--i <br />1� <br />�� y � -- � <br />('� { Y % <br />_.� a - <br />,— � � ' <br />i:� <br />f . ` �. <br />� C � <br />} <br />r�> <br />i. � <br />ti <br />c <br />f---'. <br />_. <br />� <br />G� <br />F�� <br />�� <br />C7 C/> <br />O —1 <br />C � <br />� m <br />--� <br />-� o <br />C � <br />L <br />Z rTl <br />y ! ;7 <br />r .z� <br />(— U <br />�,`� <br />D <br />u ;1 <br />� <br />WHEN RECORDED MAIL TO: <br />CORNERSTONE BANK <br />Centrel City Fecflity <br />1631 16th SVeet <br />Central Citv, NE 68826-1815 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />� <br />� <br />r <br />� r <br />�� <br />� <br />THIS DEED OF TRUST is dated November 1, 2012, among Lenny L. Everson and Cindy K. <br />Everson; Husband and Wife ("Trustor"); CORNERSTONE BANK, whose address is Central City <br />Facility, 1631 16th Street, Central City, NE 68826-1 8 7 5 (referred to below sometimes as <br />"Lender" and sometimes as "Beneficiary"); and CORNERSTONE BANK, whose address is 529 <br />LINCOLN AVENUE, YORK, NE 68467 (referred to below as "Trustee"). <br />CONVEYANCE AND GRANT. For veluable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, <br />for the benefit of Lender as Beneficiary, 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 effixed 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 rightsl; and ell other rights, royalties, and profits relating to the real prope including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the " Real Property IOCete in Hall County <br />State oflVebraska: <br />Parcel 1: Lot Six (6) and the Northerly 17.5 feet of Lot Five (5), Block Two (2), Heyde's <br />Addition to the City of Grand Island, Hall County, Nebraska <br />Parcel 2: Lot Three (3) and the South Eighteen (18) Feet of Lot Four (4), Block Two (2), <br />Heyde's Addition to the City of Grand Island, Hall County, Nebraska <br />The Real Property or its address is commonly known as 223/225 and 231 /233 S. Sycamore <br />St, Grand Island, NE 68801. <br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, <br />plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender egainst Trustor <br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br />absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others, <br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <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, 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 Beneficiary 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 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 end in e timely manner perform all of <br />Trustor's obligations under the Note, this Deed of Trust, and the Relatad Documents. <br />POSSESSION AND MAINTENANCE 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 (7 ) remain in possession and <br />control of the Property; (2) use, operate or manage the Property; end (3) collect the Rents from the Property. <br />Duty to Melntain. Trustor shall maintain the Property in tenantable condition and promptly perform all repeirs, <br />replacements, and maintenance necessary to preserve its value. <br />Compliance Wtth Environmental 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, ebout or from the Property; <br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosad to and <br />acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, Ib) any use, <br />generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substence <br />on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or <br />N <br />O <br />h-° <br />i"�) <br />�� <br />�� <br />N <br />�� <br />� <br />�� � <br />