rn
<br />c�
<br />0
<br />Q
<br />M
<br />M
<br />0
<br />v'
<br />C)
<br />c-) (n
<br />p
<br />rn
<br />tV
<br />Z
<br />m
<br />O
<br />C
<br />o
<br />C
<br />m
<br />Cn
<br />O
<br />= M
<br />v
<br />�
<br />MX
<br />r
<br />�'
<br />r D
<br />a
<br />D
<br />CD
<br />C)
<br />w
<br />l
<br />N
<br />''v
<br />v1
<br />rn
<br />c�
<br />0
<br />Q
<br />M
<br />M
<br />0
<br />v'
<br />C)
<br />c-) (n
<br />p
<br />C
<br />tV
<br />Z
<br />m
<br />O
<br />C
<br />o
<br />o -*t
<br />O
<br />= M
<br />�
<br />D �
<br />3
<br />r
<br />�'
<br />r D
<br />D
<br />CD
<br />C)
<br />w
<br />00
<br />N
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated October 31, 2001, among RYAN D CROUCH and LISA A CROUCH;
<br />HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell,
<br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and
<br />FIVE POINTS BANK, whose address is PO BOX 1507, GRAND ISLAND, NE 68802 -1507 (referred to below
<br />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 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 County,
<br />State of Nebraska:
<br />ll�f
<br />CID
<br />CD
<br />C-
<br />y
<br />W
<br />C
<br />Ea
<br />co
<br />A
<br />a
<br />o
<br />N
<br />A TRACT OF LAND COMPRISING A PART OF THE W 1/2 SE 1/4 OF SECTION 27, TOWNSHIP 11 NORTH,
<br />RANGE 9 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, SAID TRACT BEING MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: WITH REFERENCE TO THE NORTHWEST CORNER OF
<br />SAID W 1/2 SE 1/4; THENCE RUNNING S 00 057'18 "E ON THE WEST LINE OF SAID W 1/2 SE 1/4 FOR A
<br />DISTANCE OF 788.94 FEET TO THE ACTUAL POINT OF BEGINNING; THENCE CONTINUING S 00 057'18 "e
<br />ON THE WEST LINE OF SAID W 1/2 SE 1/4 FOR 279.98 FEET; THENCE N 56 050'07 "E FOR 568.42 FEET;
<br />THENCE N 87 045'01 "e FOR 772.78 FEET; THENCE N 01 003'33 "W FOR 471.71 FEET; THENCE N 89 146'37 "W
<br />FOR 489.11 FEET; THENCE S 00 047'08 "E FOR 129.00 FEET; THENCE S 61 047'17 "W FOR 858.61 FEET TO
<br />THE POINT OF BEGINNING
<br />The Real Property or its address is commonly known as AN ACREAGE, NE.
<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 THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE 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. Real Property and collect the Rents.
<br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and maintenance
<br />necessary to preserve its value.
<br />Hazardous Substances. Trustor represents and warrants that the Property never has been, and never will be so long as this Deed of Trust
<br />i
<br />01
<br />
|