|
N
<br />O
<br />0
<br />00
<br />co
<br />RETURN TO
<br />m DRI Title & Escrow
<br />12720 T Stroe1, Shite 100 FOR RECORDER'S USE ONLY
<br />Omaha, NE 58137
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $18,500.00.
<br />THIS DEED OF TRUST is dated February 24, 2019, among MATTHEW JAY OSTRANDER and GLORIA JUNE
<br />OSTRANDER, HUSBAND AND WIFE, AS JOINT TENANTS AND NOT AS TENANTS IN COMMON WITH RIGHT
<br />OF SURVIVORSHIP, whose address is 107 BEACHWOOD DRIVE, GRAND ISLAND, NE 68803 ("Trustor");
<br />BANK OF THE WEST, whose address is GRAND ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE
<br />68803.2305 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and BANK OF THE
<br />WEST, whose address is PO BOX 5167, SAN RAMON, CA 94583 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br />County, State of Nebraska:
<br />LOT TWO (2), POTASH SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 907" BEACHWOOD DRIVE, GRAND ISLAND, NE
<br />68803.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all
<br />present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />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 PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents,
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property;
<br />(2) use,,b erste or manage the Property; and 3 collect the Rents from the Prs; a _........__.__... _.._.. ,. __..___
<br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of Trustoes ownership
<br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />13 2 51b 24-
<br />M
<br />m -
<br />r
<br />N
<br />O
<br />n --1
<br />O D
<br />---1;U
<br />M
<br />m
<br />O� m
<br />1
<br />N
<br />O 0
<br />o-0 O
<br />D
<br />O�
<br />�
<br />_ Z D -n
<br />-n ZO
<br />-n 0
<br />O
<br />CO
<br />Co
<br />r- � �
<br />CO
<br />M b 0
<br />D
<br />r Cl)
<br />Q0 C:
<br />� °
<br />0 0
<br />`.`.
<br />rn
<br />00
<br />O
<br />Cl)Z
<br />O
<br />O
<br />Cl)
<br />Z
<br />O
<br />RETURN TO
<br />m DRI Title & Escrow
<br />12720 T Stroe1, Shite 100 FOR RECORDER'S USE ONLY
<br />Omaha, NE 58137
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $18,500.00.
<br />THIS DEED OF TRUST is dated February 24, 2019, among MATTHEW JAY OSTRANDER and GLORIA JUNE
<br />OSTRANDER, HUSBAND AND WIFE, AS JOINT TENANTS AND NOT AS TENANTS IN COMMON WITH RIGHT
<br />OF SURVIVORSHIP, whose address is 107 BEACHWOOD DRIVE, GRAND ISLAND, NE 68803 ("Trustor");
<br />BANK OF THE WEST, whose address is GRAND ISLAND, 3301 W STATE STREET, GRAND ISLAND, NE
<br />68803.2305 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and BANK OF THE
<br />WEST, whose address is PO BOX 5167, SAN RAMON, CA 94583 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br />County, State of Nebraska:
<br />LOT TWO (2), POTASH SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 907" BEACHWOOD DRIVE, GRAND ISLAND, NE
<br />68803.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all
<br />present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />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 PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents,
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property;
<br />(2) use,,b erste or manage the Property; and 3 collect the Rents from the Prs; a _........__.__... _.._.. ,. __..___
<br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve its value.
<br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of Trustoes ownership
<br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />13 2 51b 24-
<br />
|