|
rn
<br /> m � � �
<br /> rnm � y rn
<br /> o �� � � �rn � rn
<br /> a� �o rn �1 �C � �
<br /> o �z � rn Z� � �
<br /> �
<br /> � z� � m �z � cn
<br /> ° . �� �' � oomv � z
<br /> �� �rn � �� � �
<br /> rn m rn y =� Q° �[]
<br /> C� � y C I] Q� C
<br /> �� Cn � r �
<br /> �� � r�
<br /> 6]Q � .�.� �
<br /> p� (.y� � �
<br /> � Z
<br /> �
<br /> 1NHEN F�E��RDEa MA[L T�:
<br /> Equi�abt��ank
<br /> I�Qrth La�ust Branch
<br /> °��3-�15 N La�ust S�
<br /> P� �ax ���
<br /> Grand Island IVE 68802-0'�6� F�R REG�R�ER'S L�SE ONLY
<br /> DEED �F TRUST
<br /> MAX�NIUIVI LIEIV. The li�n af th�s D�ed of Trust sha1� n�t �xce�d at any on� t�me �4�s���.��.
<br /> �'HN� �EEQ t�F TRllST is dat�d Fel�ruary 'I 9, �.�'I�, among ,Johr� R Stolt�nberg, who�� acidres�
<br /> �s 5��� N 80th Rd, �air�, IVE ��5�4; a �ingle pers�n t"Trust�r"'�; E�uitabl� Bank� ►�rhose
<br /> ac�dress is NQrth Locust Bran�h, 'f'�3-1'I� N Lv�ust St, PQ Box 1��, �rand Is�and, NE
<br /> �88��-�31�� treferred to be[�w s�r�`ietime� as "Ler�d�r°` and s�metimes as "Ben�ficE�r�"�; and _
<br /> Equitab[� �ank ��rand [sl�r�d R��ion�, ►n►hose addr�ss is "i 13-'I'I 5 N Locust �t; P� ��� 1���
<br /> �rand [s�a�d. NE 65���-�'��� �r�f�rr�d tv b�lar�v as "Trustee°"�.
<br /> C�IVVEYAIV�E�N� �RANT. Far �aluab[� consid�retion, Trus�or cQnWeys #4 Trusts� in�rust. �IVITH P�11VER �F SALEf
<br /> for the benefi� vf Lender as �3enefi�iary, afl �f Trustar's right, title, and interest in an� to the follow�ng �es�ribed real
<br /> praperty, ���eth�r with all existing flr subse�uently erec�ed or a�fixed buildings, impra�emen�s and f�xtures; all
<br /> eas�m�nts, rights �f ►rvay, and appurtenances� alf v+ra�er, water rights and d�tch righfis ��ncluding stacl� in utilities with
<br /> d��ch �r irrigatian rights�; and a11 other righ�s� raya�ties, and pra#its refating t❑ th� r��f pr�p�rty, in�[udinc� with�u�
<br /> iimitation �f1 minerals, �i[, gas, geoth�rma[ and s�milar rnatters, {the �'Reai Pr�perty`*� I�Gat��l i� H2t[! �ount�o
<br /> �tat� af N�b ras ka:
<br /> Lot �r�� �1�, Lake View �cres �uhdivision, HaII �vunty. Ne�raska
<br /> The Real Property �r it� address �s �omrnon�y known as 5��� IV ��#h Rdr Cair�. NE �8���.
<br /> The F�ea[ F�ropert� ta� i�lsntificatian r�umb�r is ��a'1 J'l�3'[.
<br /> REVOLVIIV� LINE �F CRE[]IT. This D�ec! of Trust secures the [ndebt�dness including� without lirni�ation, a revolWing
<br /> I�r�e af�redit, whi�h ob�iga��s Lender t�rr�ake ad�ances t�Trustvr sv Ivng as T'rustar cvmplies w'rth all the tsrr-ns �f the
<br /> Cr�d�t Agreement. Such advances rrta}r be made. repa�d, and rema�e frvm �im� �v fi�rrte, subjec'�t� the �imitat�on fihat
<br /> th� t�ta[ au�stancling [�a[ance owing at any �ne ��m�. not in�lud�n� financ� charges an such ba[anc� at a f�xad ar
<br /> �rariable ra#e ar sum as prv�i�ed in �he �redit Agre�ment, any temparary a�srages. �thsr ch�rges, and an}� amount�
<br /> expended or ad�ance� a� pravided �n either �h� [ndebt�dness parayraph nr �his paragraph, �hal! nat exc��d��h� C��dit
<br /> Limi�as �rvvided in the Credit Agreemen�. [t is the intent��n of Trustar anc[ Lend�r tha�this D�ed of Trust s��ures�h�
<br /> ba[ance ou�standing uncier the �redit Agreema�nt from t�me to tirn� fr�rrt �er� up to th� �redi� Limi# as prov�ded �n fh�
<br /> Credi�Agr���ment and any intermediate E�a�an��.
<br /> Trustor present[y assigns ta Lender �a[so kn�wn as Beneficiary in this aeed �f Trust� af[ �f Trustor's right, title, and
<br /> int�rest in and ta a�l present and future leases af th� Praperty and all Rents #rom the Praper-ty. In additian, Trustor
<br /> grants to L�nder a Uniform �amm�rcia! CQde security inter�st in�he Per��na� Pr�perty an� Rents.
<br /> TH�S DEEa �F TRUST, IN�LUDING THE ASSIGNII�IENT �F RENTS AND THE SE�URiTY tNTEREST IN THE RENTS AN❑
<br /> PERS�NAL PR�PERTY. !S G�VEN �❑ SECURE {A� PAYIUIENT ❑F THE �NDEgTEDNESS AND �B] �'ERF4RMANCE QF
<br /> EA�H �F TRUST�R`S AGREE[VIENTS AND flBL1GAT1�3NS uNDER THE �REI][T AGREEMENT, THE RELATED
<br /> D�C�JMENTS, AND TH[S DEE❑ �F TRU�T, TH1S DEED �F TRUST IS �IVEN AND AC�EPTED DN THE FOLL�WIIVG
<br /> TERMS:
<br /> PAYMEIVT AIVD PERF�Ri1�AIV�E. Exeept as other►rvise praWided in this Qeed o� Trust, Trus�or shall pay ta Len�i�r al[
<br /> amaunts secured by this Deed of Trust as t�ney become due, and sha[1 stri��ly and in a timely mann�r p�rf�rm a�[ �f
<br /> Trustor's abligations under th� Credit�►gre�ment�this Deed af Trust, and�he Related Dacuments.
<br /> P�SSESS[(�N AND MAINTEIVANCE �F THE PROPERTY. Trustor agr��s tha� Trustor`s possessi�n and use af the
<br /> Proper�y sha[I be g��erned by the�ollowing praWision�:
<br /> Passess�an and Use. Until the ��currer��e ❑f an EWent af Qefault, Trust�r may t 1} remain in passessi�n and
<br /> contro[�f the Pr�pertyr {�� use, apera�e or manage the Praperty; and {3� c�llect th� R�nts fr�m th� Prap�r�y.
<br /> Du�y to iVlaintain. Trust�r shail maintain the Pr�per�ty in go�d �vndition and pramptly p�rfarm all repairs,
<br /> replacemen��, and maintenan�e ne�essary�❑ preserve its �alue.
<br /> �ampl�ance 1Ni#h En�iranmental Laws. Trustvr represents and Warrants to Lend�r that: t 1} During the p�riQd o�
<br /> Trustor's own�rship of the Praperty2 there has been no use, g�nera�ionr manufiacture, starage, treafim�nt, c�ispa�af,
<br /> release �r threat�ned release af any Ha�ardous Substanc� by any persan ort, un�er, abvut or �ram fihe Property;
<br /> {2� Trustor has n� knowledge ofr �I' �"�d5�C1 �❑ believ� that there has been, �xc�pt as pre�iously di�clvsed ta and
<br /> acknowiedg�d by Len�ier in writing, �ay any breaGh or Wiolati�n af any EnWir�nmen�al Law�, �b� any u�e,
<br /> generatian, manufac�ure� storage, treatr�ent, di�pasal, release ar �hreatened re�ease vf any Hazardous Sulastance
<br /> ❑n, under, about or fram the Praperty by any prior flwne�s �r o�cupants �f the Praperty� or {c} any actua[ ar
<br /> �hreatened �itigatE�n ar �laims of any k�nd by any p�rsan relating to sueh matrter�; anc! {3} E�ccept as previ�usly
<br /> dis�fosed ta and acknaw[edged by Lend�r in writing, �a} n��ther Trustor nar any t�nant, can�ractar, agent or❑th�r
<br /> au#hori��d user o#the Praperty�ha1� use, gen�rate, manufacture, stare, tr�at, dispose vf ar release any Hazardaus
<br />
|