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200302906
<br />WHEN RECORDED MAIL TO:
<br />Howard County Bank a branch of Sherman County
<br />Bank
<br />St Paul
<br />PO Box M
<br />St. Psu, NE seem FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated March 10, 2003, among TODD A. HEDLUND , Whose address is 611
<br />Fleetwood Rd, Grand Island, NE 68803 and Kelly A. Hedlund, whose address Is 611 Fleetwood Rd, Grand
<br />Island, NE 68803; Husband and Wife, as joint tenants and not as tenants in common ( "Trustor "); Howard
<br />County Bank a branch of Sherman County Bank, whose address is St Paul, PO Box 84, St. Paul, NE 68873
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Sherman County Bank,
<br />whose address is PO Box 543, Loup City, NE 68853 (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 so Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all sleeting or
<br />subsequently erected or affixed buildings, improvements and fortune; all eassments, 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 rt his, royalties, and profits relating to the real proQefty IncludlnnjQ
<br />without limitation all minerals, oil, gas, geothermal end simllm metiers, (the "Real Property ") located In Hall COUn , Mate Of
<br />Nebraska:
<br />Lot Seventeen (17) in Westwood Park Fifth Subdivision, in the City of Grand Island, Hall County,
<br />Nebraska.
<br />The Real Property or Its address is commonly known as 611 Fleetwood Rd, Grand Island, NE 68803.
<br />CROSS- COLLATERALRATION. In addition to the Note, this Deed of Trust secures all Obligations, debts and liabilities, plus interest thereon, of
<br />Trustor to Lentler, or any one or more of them, as well as all claims by Lender against Truistic, or any one or more of them, whether now writing
<br />or hereafter adsilg, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Tfusor 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 othemisa
<br />unenforceabts.
<br />FUTURE ADVANCES. Specifically, without limitation, this Dead of Trust secures, in addition to the amounts specified in the Note, all future
<br />amounts Lender in its discretion may loan to Trustor, together with all interest thereon.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead Of Trust) all of Trustor's right, title, and interest in and to all present
<br />and future oases 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 Trustors obligations under the Note, this Dead of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustors 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 Properly.
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<br />200302906
<br />WHEN RECORDED MAIL TO:
<br />Howard County Bank a branch of Sherman County
<br />Bank
<br />St Paul
<br />PO Box M
<br />St. Psu, NE seem FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated March 10, 2003, among TODD A. HEDLUND , Whose address is 611
<br />Fleetwood Rd, Grand Island, NE 68803 and Kelly A. Hedlund, whose address Is 611 Fleetwood Rd, Grand
<br />Island, NE 68803; Husband and Wife, as joint tenants and not as tenants in common ( "Trustor "); Howard
<br />County Bank a branch of Sherman County Bank, whose address is St Paul, PO Box 84, St. Paul, NE 68873
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Sherman County Bank,
<br />whose address is PO Box 543, Loup City, NE 68853 (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 so Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all sleeting or
<br />subsequently erected or affixed buildings, improvements and fortune; all eassments, 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 rt his, royalties, and profits relating to the real proQefty IncludlnnjQ
<br />without limitation all minerals, oil, gas, geothermal end simllm metiers, (the "Real Property ") located In Hall COUn , Mate Of
<br />Nebraska:
<br />Lot Seventeen (17) in Westwood Park Fifth Subdivision, in the City of Grand Island, Hall County,
<br />Nebraska.
<br />The Real Property or Its address is commonly known as 611 Fleetwood Rd, Grand Island, NE 68803.
<br />CROSS- COLLATERALRATION. In addition to the Note, this Deed of Trust secures all Obligations, debts and liabilities, plus interest thereon, of
<br />Trustor to Lentler, or any one or more of them, as well as all claims by Lender against Truistic, or any one or more of them, whether now writing
<br />or hereafter adsilg, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Tfusor 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 othemisa
<br />unenforceabts.
<br />FUTURE ADVANCES. Specifically, without limitation, this Dead of Trust secures, in addition to the amounts specified in the Note, all future
<br />amounts Lender in its discretion may loan to Trustor, together with all interest thereon.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead Of Trust) all of Trustor's right, title, and interest in and to all present
<br />and future oases 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 Trustors obligations under the Note, this Dead of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustors 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 Properly.
<br />
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