|
rn' u
<br />WHEN RECORDED MAIL. T4:
<br />Bank of Clarks
<br />301 N. Greer
<br />P.O. Box 125
<br />Clarks, NE 66628-0125
<br />MAXIMUM LIEN. The lien of this Deed of Tri
<br />THIS DEED OF TRUST is dated December 3
<br />Whose address Is RR 1, Box 46, Rockville, P
<br />whose address Is RR 1, Box 46, Rockville,
<br />301 N. Green, P.O. Box 125, Clarks, NE
<br />sometimes as "Beneficiary "); and Bonk of C
<br />6862 8-0125 (referred to 'below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration
<br />Lender as Beneficiary, all of Trustor's right, title, and into
<br />subsequently erected or affixed buildings; improvements and
<br />ditch rights (including stock in utilities with ditch or irrigation 61
<br />without limitation all minerals, oil, gas, geothermal and simile
<br />Nebraska' -
<br />See Exhibit "A ", which is attached to thl
<br />set forth herein.
<br />The Real Property or Its address Is comm4
<br />Street and 604 West Louise Street, Grand'Isl
<br />FUTURE ADVANCES, Specifically, without limitation, this
<br />amounts Lender in its discretion may loan to Trustor, togethei
<br />interest) exceed in the aggregate $150,000.00.
<br />Trustor presently assigns to Lender (also known as Benefici
<br />and future leases of the Property and all Rents from the Pi
<br />Interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT
<br />PROPERTY, IS GIVEN To SECURE (A) PAYMENT OF 1
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND T
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise pr
<br />Deed of Trust as they become due, and shall strictly and in a
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY.
<br />the following provisions:
<br />Possession and 'Use. Unfit the occurrence of an Eves
<br />use, operate or manage the Property; and (3) collect t
<br />Duty to Maintain. Trustor shall' maintain the Prop
<br />maintenance necessary lo preserve its value.
<br />Compliance With Environmental taws. Trustor repro
<br />the Property, there has been no use, generation, manui
<br />Substance by any person on, under, about or from the I
<br />except as previously disclosed to and acknowledged by
<br />use, generation, manufacture, storage, treatment, dispc
<br />from the Property by any prior owners or occupants of
<br />person relating to such matters; and (3) Except as pre
<br />any tenant, contractor, agent or other authorized user of
<br />Hazardous Substance on,' under, about or from the Prot
<br />federal, state, and local laws, regulations and ordinance
<br />its agents to enter upon the Property to make such
<br />* determine compliance of the Property with this section'
<br />purposes only and shall not be construed to create any
<br />"representations and warranties contained' herein are
<br />Substances. Trustor hereby (1) ';releases and waiver
<br />becomes liable for cleanup or other costs under any su
<br />claims, losses, liabilities, damages, penalties, and expe
<br />of this section of the Deed of Trust or as a consequ
<br />release occurring prior to Trustor's ownership or interes
<br />The provisions of this section of the Deed of Trust, incl
<br />the satisfaction and reoonveyance' of the lien of this 0
<br />Prooerty; whether by foreclosure or otherwise.
<br />M C=:1
<br />C nn t "' � c::)
<br />If M
<br />N
<br />co
<br />" m -mot'
<br />t--+
<br />L76
<br />p
<br />rn
<br />rn
<br />tz)
<br />C*
<br />r s� co
<br />Cn
<br />- x v7
<br />CD
<br />O
<br />200113630
<br />FOR RECORDER'S USE ONLY
<br />JY
<br />IEED OF TRUST d,
<br />To
<br />Ist shall not exceed at any one time $150,000.00.
<br />1, 2001, among Donald C. Treffer, as husband and joint debtor,
<br />IE 68871 -9745 and Dolores A. Troffer, as wife and joint debtor,
<br />NE 68871-9745 ("Trustor "); Bank of Clarks, whose address is
<br />68528-0125 (referred to below sometimes as "Lender" and
<br />darks, whose address is 301 N. Green, P.D. Box 125, Clarks, NE
<br />, Trustor convoys to Trustee in trust,; WITH POWER OF SALE, for the benefit of
<br />rest in and to the following described real property, together with all existing or
<br />ixtures; all easements,', rights of way, and appurtenances; all water, water rights and
<br />Ihts);!and all other rights, royalties, and profits relatin to the real property, including
<br />"Deal Property" located iin Hall County,, State of
<br />Lr matters, (the
<br />s Deed of Trust and made a part of this Deed of Trust as if fully
<br />)nly' known as 416 - 418.418112 S. Elm Street, 420 -422 S. Elm
<br />and, NE 68801.
<br />Deed: of Trust secures, in addition to the amounts specified in the Note, all future
<br />with all interest thereon; however, in no event shall such future advances (excluding
<br />iry in this Deed of Trust) all of Trustor's right, title, and interest in and to all present
<br />aperty. In addition, Trustor grants to Lender a Uniform Commercial Code security
<br />OF RENTS AND THE SECURITY
<br />INTEREST IN THE RENTS AND PERSONAL
<br />HE INDEBTEDNESS AND (B)
<br />PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />HIS DEED OF TRUST; THIS DEED
<br />OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />Mded in this Deed of Trust, Trustor shalt pay to Lender all amounts secured by this
<br />timely manner,perform all of Trustor's obligations under the Note, this Deed of Trust,
<br />Trustor agrees that Trustor's possession and use of theProperty shall be governed by
<br />a of Default, Trustor may (1) remain in possession and control of the Property; (2)
<br />a Rents from the Property.
<br />rrty in tenantable condition and promptly perform all repairs, replacements, and
<br />isents arid warrants to Lender that: (1)' During the period of Trustor's ownership of
<br />onmental Laws, (b) any
<br />Lance on, under, about or
<br />,iaims of any kind by any
<br />1, (a) neither Trustor nor
<br />dispose of or release any
<br />tllance with all applicable
<br />tar authorizes Lender and
<br />may deem appropriate to
<br />rider shall be for Lender's
<br />bo any other person. The
<br />Property for Hazardous
<br />lotion in the event Trustor
<br />ender against any and all
<br />°er resulting from a breach
<br />sat, release or threatened
<br />✓e been known to Trustor.
<br />of the Indebtedness and
<br />ition of any interest in the
<br />
|