|
f1�
<br />cfl
<br />CD
<br />O
<br />6D
<br />O C="
<br />F--� CC
<br />O
<br />N
<br />O
<br />O
<br />�f �Y ✓ ^./(4 r "Ay
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated February 26, 2001, among ROBERT C. CHISHOLM and CAROL A.
<br />CHISHOLM; HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N.
<br />Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE 68802 -1507
<br />(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, titre, 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 rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, gtate o
<br />Nebraska:
<br />PART OF LOTS NINE (9) AND TEN (10), BLOCK ELEVEN (11), PARKHILL 3RD SUBDIVISION BEGINNING
<br />AT A POINT 7.08 FEET WEST OF THE NORTHEAST CORNER OF LOT 9 WESTERLY ALONG AND UPON
<br />THE NORTHERLY LINE OF LOTS 9 AND 10 TO A POINT 21 FEET WEST OF THE NORTHEAST CORNER
<br />OF SAID LOT TEN (10) SOUTHERLY TO A POINT 21 FEET WEST OF THE SOUTHEAST CORNER OF LOT.
<br />THEN EASTERLY ALONG AND UPON THE SOUTHERLY LINE OF SAID LOTS 9 AND 10 TO A POINT 6.68
<br />FEET WEST OF THE SOUTHEAST CORNER OF SAID LOT 9 AND THEN NORTHERLY TO A POINT OF
<br />BEGINNING, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 2507 W. PHOENIX AVENUE, 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 present
<br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security
<br />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 this
<br />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 Deed of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be governed
<br />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; (2)
<br />use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable 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 Trustor's ownership of
<br />the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous
<br />°a
<br />Aj
<br />D
<br />M
<br />Z
<br />T
<br />1
<br />1
<br />O
<br />=
<br />D
<br />Z
<br />p
<br />CD
<br />C -4
<br />M
<br />m
<br />rn
<br />c3�
<br />O
<br />(.
<br />rn
<br />M �
<br />a
<br />M
<br />a
<br />r n
<br />U)
<br />ca
<br />O
<br />N
<br />f1�
<br />cfl
<br />CD
<br />O
<br />6D
<br />O C="
<br />F--� CC
<br />O
<br />N
<br />O
<br />O
<br />�f �Y ✓ ^./(4 r "Ay
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated February 26, 2001, among ROBERT C. CHISHOLM and CAROL A.
<br />CHISHOLM; HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N.
<br />Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE 68802 -1507
<br />(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, titre, 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 rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, gtate o
<br />Nebraska:
<br />PART OF LOTS NINE (9) AND TEN (10), BLOCK ELEVEN (11), PARKHILL 3RD SUBDIVISION BEGINNING
<br />AT A POINT 7.08 FEET WEST OF THE NORTHEAST CORNER OF LOT 9 WESTERLY ALONG AND UPON
<br />THE NORTHERLY LINE OF LOTS 9 AND 10 TO A POINT 21 FEET WEST OF THE NORTHEAST CORNER
<br />OF SAID LOT TEN (10) SOUTHERLY TO A POINT 21 FEET WEST OF THE SOUTHEAST CORNER OF LOT.
<br />THEN EASTERLY ALONG AND UPON THE SOUTHERLY LINE OF SAID LOTS 9 AND 10 TO A POINT 6.68
<br />FEET WEST OF THE SOUTHEAST CORNER OF SAID LOT 9 AND THEN NORTHERLY TO A POINT OF
<br />BEGINNING, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 2507 W. PHOENIX AVENUE, 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 present
<br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security
<br />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 this
<br />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 Deed of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be governed
<br />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; (2)
<br />use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable 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 Trustor's ownership of
<br />the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous
<br />°a
<br />
|