|
WHEN RECORDED MAIL TO:
<br />Five Palmer, Bank
<br />North Branch
<br />2015 North Broadwell
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $225,000.00.
<br />THIS DEED OF TRUST Is dated November 1, 2004, among ROBERT W RUPP and MARY ELLEN RUPP:
<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 Five
<br />Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Tractor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lander 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
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating the real
<br />i
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property') locate n HALL
<br />County, State of Nebraska:
<br />- LOT- 6EVEhY17Y, UNIT THIRTEEN (13), OAKWOOD CONDOMINIUM 9F-BRENTW66B -*+W, GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 2822 LAKEWOOD CIR, GRAND ISLAND, NE 68801.
<br />The Real Property tax identification number is 400355833
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all
<br />future amounts Lender in its discretion may loan to Trustor, together with all interest thereon; however, in no event shall such future
<br />advances (excluding intareatl exceed in the aggregate $225,000.00.
<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
<br />present and future leases of the Property and all Hunts from The Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security 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 />GIVEN TO SECURE (A) PAYMENT Of THE UNDERRTHE IS NOTE. THE RELATED DOCUMENTS, AND THIS SS (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 Dead of Trust, Trustor shall pay to Lender all amounts secured by
<br />this Dead of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession antl Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Propeny;
<br />(2) 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
<br />maintenance necessary to preserve its value.
<br />Compliance With Envimmi ental Lew.. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership
<br />of the Property, there has been nc use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; (21 Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />\\
<br />14Q",
<br />�
<br />n
<br />n
<br />q
<br />rl
<br />n
<br />v
<br />�
<br />y
<br />r v
<br />o
<br />V>
<br />Vo
<br />N
<br />r-N
<br />O
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $225,000.00.
<br />THIS DEED OF TRUST Is dated November 1, 2004, among ROBERT W RUPP and MARY ELLEN RUPP:
<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 Five
<br />Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Tractor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lander 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
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating the real
<br />i
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property') locate n HALL
<br />County, State of Nebraska:
<br />- LOT- 6EVEhY17Y, UNIT THIRTEEN (13), OAKWOOD CONDOMINIUM 9F-BRENTW66B -*+W, GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 2822 LAKEWOOD CIR, GRAND ISLAND, NE 68801.
<br />The Real Property tax identification number is 400355833
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all
<br />future amounts Lender in its discretion may loan to Trustor, together with all interest thereon; however, in no event shall such future
<br />advances (excluding intareatl exceed in the aggregate $225,000.00.
<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
<br />present and future leases of the Property and all Hunts from The Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security 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 />GIVEN TO SECURE (A) PAYMENT Of THE UNDERRTHE IS NOTE. THE RELATED DOCUMENTS, AND THIS SS (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 Dead of Trust, Trustor shall pay to Lender all amounts secured by
<br />this Dead of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession antl Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Propeny;
<br />(2) 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
<br />maintenance necessary to preserve its value.
<br />Compliance With Envimmi ental Lew.. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership
<br />of the Property, there has been nc use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; (21 Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />\\
<br />14Q",
<br />
|