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WHEN RECORDED MAIL TO: <br />Geneva State Bank <br />P.O. Box 313 <br />896 G Street <br />Geneva, NE 68361 <br />i..J <br />CD <br />l'"J is <br />N <br />C) Cn <br />Z^ "4 <br />M <br />is CL� <br />r v- <br />vi <br />7�1 <br />D <br />Cf> <br />N <br />C] <br />N <br />0 <br />CD <br />0 <br />C) <br />co <br />N <br />N <br />DEED OF TRUST <br />rn <br />ca <br />CO <br />ca.. <br />N <br />CD <br />2 <br />a <br />sa <br />THIS DEED OF TRUST is dated September 28, 2000, among Troy J Potthoff and Margo K Anderson; whose <br />address is #5 21st Ave Place, Kearney, NE 68847; Husband and Wife ( "Trustor "); Geneva State Bank, <br />whose address is P.O. Box 313, 896 G Street, Geneva, NE 68361 (referred to below sometimes as "Lender" <br />and sometimes as "Beneficiary "); and GENEVA STATE BANK, whose address is P.O. Box 313, Geneva, NE <br />68361 (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 rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other, rihts, royalties, and profits relating . to the realproperty, including <br />without limitation all minerals, oil, gas, geothermal and similar matters, (the ' eal Property ") located In Hall County, State of <br />Nebraska: <br />Beginning at the Southeast corner of the SE 1/4 of Section 30, Township 9 North, Range 12 West of the <br />6th P.M., Hall County, Nebraska, running thence West approximately 90° (89 025'08 ") a distance of <br />1,576.45 feet to a point on the South line of said SE 1/4 to a steel post (the Place of Beginning); thence <br />North 90° a distance of 620 feet to a steel post; thence continuing North 900 to the thread of the Platte <br />River Channel; thence in a westerly direction along the thread of the Platte River Channel a distance of <br />approximately 740 feet to a point on said thread of the said Platte River Channel; thence South 90° to a <br />steel post located 620 feet North of the south section line of the said SE 1/4 of said Section 30; thence <br />South 90° a distance of 620 feet to a point on the said South section line of the said SE 1/4 of said <br />Section 30; tl+ence East 90° a distance of 740 feet to a steel post, being the Place of Beginning <br />The Real Property or its address is commonly known as 15228 W 190th Road, Kenesaw, NE 68956. The <br />Real Property tax identification number is 400315467. <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 good condition and promptly perform all repairs, replacements, and maintenance <br />M 4 <br />n <br />i <br />r <br />n1 4 <br />C <br />M <br />rn <br />y> <br />Y <br />en <br />S <br />rin <br />M <br />° <br />WHEN RECORDED MAIL TO: <br />Geneva State Bank <br />P.O. Box 313 <br />896 G Street <br />Geneva, NE 68361 <br />i..J <br />CD <br />l'"J is <br />N <br />C) Cn <br />Z^ "4 <br />M <br />is CL� <br />r v- <br />vi <br />7�1 <br />D <br />Cf> <br />N <br />C] <br />N <br />0 <br />CD <br />0 <br />C) <br />co <br />N <br />N <br />DEED OF TRUST <br />rn <br />ca <br />CO <br />ca.. <br />N <br />CD <br />2 <br />a <br />sa <br />THIS DEED OF TRUST is dated September 28, 2000, among Troy J Potthoff and Margo K Anderson; whose <br />address is #5 21st Ave Place, Kearney, NE 68847; Husband and Wife ( "Trustor "); Geneva State Bank, <br />whose address is P.O. Box 313, 896 G Street, Geneva, NE 68361 (referred to below sometimes as "Lender" <br />and sometimes as "Beneficiary "); and GENEVA STATE BANK, whose address is P.O. Box 313, Geneva, NE <br />68361 (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 rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other, rihts, royalties, and profits relating . to the realproperty, including <br />without limitation all minerals, oil, gas, geothermal and similar matters, (the ' eal Property ") located In Hall County, State of <br />Nebraska: <br />Beginning at the Southeast corner of the SE 1/4 of Section 30, Township 9 North, Range 12 West of the <br />6th P.M., Hall County, Nebraska, running thence West approximately 90° (89 025'08 ") a distance of <br />1,576.45 feet to a point on the South line of said SE 1/4 to a steel post (the Place of Beginning); thence <br />North 90° a distance of 620 feet to a steel post; thence continuing North 900 to the thread of the Platte <br />River Channel; thence in a westerly direction along the thread of the Platte River Channel a distance of <br />approximately 740 feet to a point on said thread of the said Platte River Channel; thence South 90° to a <br />steel post located 620 feet North of the south section line of the said SE 1/4 of said Section 30; thence <br />South 90° a distance of 620 feet to a point on the said South section line of the said SE 1/4 of said <br />Section 30; tl+ence East 90° a distance of 740 feet to a steel post, being the Place of Beginning <br />The Real Property or its address is commonly known as 15228 W 190th Road, Kenesaw, NE 68956. The <br />Real Property tax identification number is 400315467. <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 good condition and promptly perform all repairs, replacements, and maintenance <br />