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DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $80,000.00.
<br />THIS DEED OF TRUST Is dated February 25, 2002, among Todd C. Erick and Kelly A. Enck, husband and wife,
<br />whose address is 511 Fleetwood Circle, Grand Island, NE 68803; ( "Trustor "); Wells Fargo Bank Nebraska,
<br />N.A., whose address is Grand Island -Main, 304 W 3rd St, Grand Island. NE 68801 (referred to below
<br />sometimes as "Lender" and sometimes as "Beneficiary "); and Wells Fargo Bank Nebraska, N.A., whose
<br />address is 304 W 3rd St. Grand Island, NE 68801 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Truster conveys to Trustee In trust. WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Tomevar's right title, and Interest in and to the follcwing described real property, together with all existing Of
<br />subsequently erected or affixed buildings, improvements and thrums; all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights )including stack in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real
<br />intrusion property, including without mitation all minerals, oil, gas, geothermal and similar matters. (the "Real Property ") located in Hell
<br />County, State of Nebraska:
<br />Lot 7, Block 38, Packer & Barr's Second Addition, City of Grand Island, Hell County, Nebraska
<br />The Real Property or its address is commonly known as 131 North Grace Avenue, Grand Island, NE 68803.
<br />The Real Property tax identification number is 400071908
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, ell
<br />future 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 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 Rents 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 />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (e) 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
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Theater'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 theProperty shall be governed
<br />by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustar may (11 remain in possession and control of the Property;
<br />(2) use, operate or manage the Property; and (3f collect the Hants from the Property.
<br />Duty to Maintain. Irualm shall maintain the Property In tenantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve Its value.
<br />Compliance With Environmental Laws. Truster represents and warrants to Lender that It) During the period of Tructor's ownership
<br />of the Property, there has been no 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; 12) 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, (at any breach or violation of any
<br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
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<br />WHEN RECORDED MAIL TO:
<br />Wells Fargo Bank Minnesota, N.A.
<br />Ann: Collateral Processing - Rap III Bin
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<br />130 2nd Avenue South, Suite 1000
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<br />M 1 MN 55419
<br />FOR RECORDER'S
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<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $80,000.00.
<br />THIS DEED OF TRUST Is dated February 25, 2002, among Todd C. Erick and Kelly A. Enck, husband and wife,
<br />whose address is 511 Fleetwood Circle, Grand Island, NE 68803; ( "Trustor "); Wells Fargo Bank Nebraska,
<br />N.A., whose address is Grand Island -Main, 304 W 3rd St, Grand Island. NE 68801 (referred to below
<br />sometimes as "Lender" and sometimes as "Beneficiary "); and Wells Fargo Bank Nebraska, N.A., whose
<br />address is 304 W 3rd St. Grand Island, NE 68801 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Truster conveys to Trustee In trust. WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Tomevar's right title, and Interest in and to the follcwing described real property, together with all existing Of
<br />subsequently erected or affixed buildings, improvements and thrums; all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights )including stack in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real
<br />intrusion property, including without mitation all minerals, oil, gas, geothermal and similar matters. (the "Real Property ") located in Hell
<br />County, State of Nebraska:
<br />Lot 7, Block 38, Packer & Barr's Second Addition, City of Grand Island, Hell County, Nebraska
<br />The Real Property or its address is commonly known as 131 North Grace Avenue, Grand Island, NE 68803.
<br />The Real Property tax identification number is 400071908
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, ell
<br />future 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 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 Rents 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 />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (e) 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
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Theater'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 theProperty shall be governed
<br />by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustar may (11 remain in possession and control of the Property;
<br />(2) use, operate or manage the Property; and (3f collect the Hants from the Property.
<br />Duty to Maintain. Irualm shall maintain the Property In tenantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve Its value.
<br />Compliance With Environmental Laws. Truster represents and warrants to Lender that It) During the period of Tructor's ownership
<br />of the Property, there has been no 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; 12) 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, (at any breach or violation of any
<br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
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