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<br /> WFiEN RECORDED MAIL TO:
<br /> First National Bank of Omaha
<br /> Branch#OdQ
<br /> 2223 2nd Ave
<br /> Kearne NE 68847 FOR RECORBER'S USE ONLY
<br /> Firs� Na�ional Bank
<br /> I Ilf Il1 Il�III�I II 11 III�I I�I I 111 Illll �II �II l lll�III�II I III� Illl 111 Ill�l II111111[I I I I I�II I 111 I�lll II f 1 III�III{lll[1 II� lll�l Ill I II�II l�lll 11111�ll II�
<br /> * 584090062014'�
<br /> DEED OF TRUST
<br /> MAXIMLfM LIEN. The lien of this Deed of Trust shall not exceecf at any one time $208,000.00.
<br /> THIS DEED OF TRUST is dated October 6, 2094, among Jaquelyn R. Monson ("'frustor"); First
<br /> National Bank ofi Omaha, whose address is Branch #070, 2223 2nd Ave, Kearney, N� 688�7
<br /> (referred to below sometimes as "Lender" ar�d sometimes as "Beneficiary"); and First Nationa!
<br /> Bank of Omaha, whose address is 1620 Dadge Street Stop Code 3202, Omaha, NE 68197
<br /> (refarred to below as "Trustee").
<br /> CONVEYANCE AND GRAN7. For vaPuahle consideration, Trustor conveys to Trastee in trust,WITH POWER OF SALE,
<br /> for the benefit of Lender as Beneficiary, all of Trustor's r'sght, tifle, and interest in and to the foilowing described real
<br /> properry, together wi�h a[I existing or subsequently erected or affixed �ui�dings, improvements and fxtures; all
<br /> easements, rights of way, and appuftenances; all water, water rights and ditch rights (inc(vding siock in utilities with
<br /> ditch or irrigation rights); and all other rights, royaities, and profits�relating to the reai prope�y, includin without
<br /> limifation all minerals, oil, gas,geothermal and similar mafters, (YhB Real PrOpEt'ty ) IoCat2d 111 Hal� �oulltiJ,
<br /> State of Nebraska:
<br /> Lot Three (3), B[ock Three (3), Woodland Park Second Subdi�ision, in the Ciiy of Grand
<br /> [sland, }ial� Cour�ty, Nebraska.
<br /> 7he Re2�l Property ar 'rts address is commonly known as 4179 Michigan A�ve, Grand Is[�nd, NE
<br /> 68503. The Real Property#ax identification number is 40042518'i,
<br /> 7rustor presentiy 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 CQde security iRteresY in the Persona]�roperty and F2ents.
<br /> THIS DEED OF TRUST, ENCLU�ING THE ASSICNMENT OF RENTS AND THE SECUW"fY INTER�ST IN TFi�RENTS AN�
<br /> PERSONAI. PROPERTY, IS GNEN TO SECURE (A) PAYMENT OF THE IN.DEBTEDNESS AND (B} PERFORNIAHC�OF
<br /> Ai�Y AN� ALL OBLiGATlONS UNDER THE N07E, THE RELATE� DOC€3M�NTS, AND THIS DEEU OF TR[lST. THIS
<br /> DEED OF TRUST IS GIVEN AND ACCEPTE�ON THE FOL.LQWING TERMS:
<br /> PAYMENT AND PERFaRMANCE. Except as otherwise provided in th'ss Deed of Trusi, Trustor shall pay to Lender all
<br /> amoursts secured by this Deed of Trusf as they become due, ar�d sha[I strictly and in a timely manner perForm afl of
<br /> Trustor's oblsgations under the Note,this Deed of Trust, and the Related Documents.
<br /> POSSES510Ti AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's pnssession and use of the
<br /> Property shall be governed by the following provisions:
<br /> Possession and Llse. Lintif the occur�ence of an E�ent of Default, Trustor may (1) remain in possession and
<br /> control of the Properiy; (2) use,operate or manage the Properky;anc! (3) collect the Rents from fhe Property.
<br /> Duty to Maintain. Trustor s�all maintain the Property in good condition and promptly pe�form all repairS,
<br /> replacemer�ts, and mair�tenance necessary fo preserve its value.
<br /> Campliance With Environmental Laws. Trusfor represents and warrants to E�ender that: (1) During the period of
<br /> Trusto�s ownership of the Property, there has been no use,generation, manufacture,storage,treatment,disposal,
<br /> release ar threatened release af any Hazardo�s Subs#ance by any person on, under, about or from the Properly;
<br /> (2) Trusior has no knowledge of, or reason Yo believe that there has been, except as previpusly disclosed to and
<br /> acknowledged by Lender in writing, {a) any breach or violation of arey En�ironmenial Laws, (b) any use,
<br /> ge�eration, rnanufaciure, starage, treatment, disposal, release or threatened release of any Hazardous Suhstanee
<br /> �ra, undes, abo�t or€rom the Property by any prior ownees or occupanha of the Property, or (c) any actual or
<br /> threatened Iitigation or clairrts ofi any k€nd by any person re]atiRg to such matters; and (3) Except as previously
<br /> disc[osed to and acknowledged by Lender in writing, {a) neither Trusior nor any tenant, contractor, agent or other
<br /> authorized ussr of the Property shall use, generate, manufacture,store,treat, dispose of or release any Hazardous
<br /> Substance on, �ander, about or from the Properiy;and (b) any such activity shal{be cond�cted in compliance with
<br /> all appGcable federal, staie, and local laws, reguiations and orclinances, including without limi�ation all
<br />
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