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WHEN RECORDED MAIL TO: 200302364 <br />Howard County Bank a branch of Sherman County <br />Bank <br />St Paul <br />PO Boxes <br />St P I NE 689]d FO9 RECORDER'S USE ONLY <br />DEED OF TRUST <br />0 <br />THIS DEED OF TRUST is dated February 25, 2003, among Dennelta M. Klinginsmith, whose adtlress is 1621 <br />W. Hagge, Grand Island, NE 68801; a single person ( "Trustor "); Howard County Bank a branch of Sherman o <br />County Bank, whose address is St Paul, PO Box 84, SL Paul, NE 68873 (referred to below sometimes as <br />"Lender" and sometimes as "Beneficiary"); and Sherman County Bank, whose address Is PO Box 543, Loup <br />City, NE 68853 (referred to below as 'Trustee "). <br />CONVEYANCE AND GRANT. For valuable consideration, True conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Trusters right, title, and interest in and to the following described reel 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 litigation rights); and ail other rights, royalties, and profits relating to the reel property Includln <br />without limitation all minerals, oil, gas, geothermal and similar maters, (the "Real Property') located in Hall County, §fate of <br />Nebraska: <br />Lot Eight -Eight (88) of Hagges' Subdivision of a part of the Northeast Quarter of the Northwest Quarter <br />(NE1 /4NW7 /4) and a part of the Northwest Quarter of the Northeast Quarter (NW7 /4NE1 /4) of Section <br />Twenty Eight (28), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, <br />Nebraska. <br />The Real Property or its address Is commonly known as 1621 W. Hagge, Grand Island, NE 68801 <br />CROSS- COLLATERALI7ATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus Interest thereon, of <br />Trustor to Lender, or any one or more of them, as well as all claims by Lender against Truster or any one or more of them, whether now existing <br />or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined er undetermined, absolute w contingent, liquidated or uni quldeted whether Trustor may be liable individually or jointly with <br />others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter <br />may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all future <br />amounts Lender in its discretion may loan to Tntster, together with all interest Ibereon. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead of Trust) all of Truster's right, tide, and interest in and to all present <br />and future leases of the Property and all Rents from the Property. In addition, Truster 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 Dead of Trust, Truster shall pay to Lender all amounts secured by this <br />Dead of Trust as they become due, and shall strictly and in a timely manner perform all of Trusters obligations under the Note, this Dead of Trust, <br />and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trusterss possession and use of the Property shell be governed <br />by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Truster may (1) remain in possession and control of the Property; (2) <br />n <br />70 <br />x <br />C <br />^a <br />I <br />Fir <br />N <br />p <br />K <br />o <br />U <br />i� <br />73 <br />N <br />N <br />� <br />N <br />.Z <br />WHEN RECORDED MAIL TO: 200302364 <br />Howard County Bank a branch of Sherman County <br />Bank <br />St Paul <br />PO Boxes <br />St P I NE 689]d FO9 RECORDER'S USE ONLY <br />DEED OF TRUST <br />0 <br />THIS DEED OF TRUST is dated February 25, 2003, among Dennelta M. Klinginsmith, whose adtlress is 1621 <br />W. Hagge, Grand Island, NE 68801; a single person ( "Trustor "); Howard County Bank a branch of Sherman o <br />County Bank, whose address is St Paul, PO Box 84, SL Paul, NE 68873 (referred to below sometimes as <br />"Lender" and sometimes as "Beneficiary"); and Sherman County Bank, whose address Is PO Box 543, Loup <br />City, NE 68853 (referred to below as 'Trustee "). <br />CONVEYANCE AND GRANT. For valuable consideration, True conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Trusters right, title, and interest in and to the following described reel 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 litigation rights); and ail other rights, royalties, and profits relating to the reel property Includln <br />without limitation all minerals, oil, gas, geothermal and similar maters, (the "Real Property') located in Hall County, §fate of <br />Nebraska: <br />Lot Eight -Eight (88) of Hagges' Subdivision of a part of the Northeast Quarter of the Northwest Quarter <br />(NE1 /4NW7 /4) and a part of the Northwest Quarter of the Northeast Quarter (NW7 /4NE1 /4) of Section <br />Twenty Eight (28), Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, <br />Nebraska. <br />The Real Property or its address Is commonly known as 1621 W. Hagge, Grand Island, NE 68801 <br />CROSS- COLLATERALI7ATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus Interest thereon, of <br />Trustor to Lender, or any one or more of them, as well as all claims by Lender against Truster or any one or more of them, whether now existing <br />or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined er undetermined, absolute w contingent, liquidated or uni quldeted whether Trustor may be liable individually or jointly with <br />others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter <br />may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all future <br />amounts Lender in its discretion may loan to Tntster, together with all interest Ibereon. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead of Trust) all of Truster's right, tide, and interest in and to all present <br />and future leases of the Property and all Rents from the Property. In addition, Truster 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 Dead of Trust, Truster shall pay to Lender all amounts secured by this <br />Dead of Trust as they become due, and shall strictly and in a timely manner perform all of Trusters obligations under the Note, this Dead of Trust, <br />and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trusterss possession and use of the Property shell be governed <br />by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Truster may (1) remain in possession and control of the Property; (2) <br />