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WHEN RECORDED MAIL TO:
<br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION
<br />OF NEBRASKA
<br />201 West 7th Street
<br />P 0 Box 960 FOR RECORD ER'B USE.OSY Wx
<br />Lexington. NE 68850 peso
<br />DEED OF TRUST °
<br />MAXIMUM LIEN. The lien of this Deed of Trust Shall not exceed at any one time $27,533.42.
<br />THIS DEED OF TRUST is dated March 11, 2002, among Fredrick I. Hongaermeier and Stephanie Ann
<br />Hongsermeler, Husband and Wife ( "Truster "); HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />NEBRASKA., whose address is 201 West 7th Street, P O Box 960, Lexington, NE 68850 -0960 (referred to
<br />below sometimes as "Lender' and sometimes as "Benefici Le )nand NE Home Feder l Savings and d Loa ea
<br />Association of Nebraska, whose address is P O Box 960,
<br />Trustee").
<br />CONVEYNCE AND GRANT. For valuable consideration, Truster conveys to T following In trust, WITH POWER OF SALE, far
<br />vi the I reading a of
<br />Lentler as Benelldery, ell al Tmrols r'gM1t, tifVS, and Interest in and to the hollowing .19 ay. d reel property- together star, ar a
<br />subsequently erected or eI bulMings. Improvements antl L rights); if easements, rights of way, and eppurre0aing to an real
<br />ditch rights (inckding stock In ctifties with ditch or imgallen rights): and all ether rights, roye8ies, ntl pmlNs retesting to the reel prcperry�te Of
<br />wil0or limitation all minerals, oil, gas, geothermal and s filer mattes, (the Real Property') located In Hall County S3
<br />Nebraska:
<br />Lot 7, Block 138, Union Pacific Railway Company's Second Addition to the city of Grand Island, Hell
<br />County, Nebraska
<br />The Real Property or its address is commonly known as 408 W 8th, Grand Island, NE 68(101.
<br />FUTURE ADVANCES. Spedfkary, without limitation, this Deed of Twat secures, In addition to the amouns spacined in the Note, ell fuure
<br />amounts Lender In its discretion may Ion to Thur.,• togethr wdh all Interest thereon.
<br />Truster presently as3fjns to Lnder W. known ea Beneficiary In thin etltlBion TTmsfOrlg of iants stto Landol0 Uniform Commercial Code all security
<br />and future leases of the Portent, and all Pants from the Properly.
<br />interest in the Personal Property and Rents.
<br />PpOPERTYD. 9 GIVEN TO SECURE (A) P YMENT OF THE INDEBTEDNESS NDE(In PERFORMANCE OF NYR NND ALL OSLIOATIIONS
<br />THIS 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 i s otherwise provided N this Deed of Trust Truster ruste shell pay m Lender ell amounts secured by this
<br />Deed of Trust as they become due, and shall sins
<br />and In e timely manner P.O.. all of Tmstofs obligations under the Note, this Deed of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trusters possession and use of lhePropeny shall be Smashed by
<br />the following povislons:
<br />Possession and Use. Until the occurrence of an Event of Celsius. Truster may (1) remain in possession and control 01 the Property;
<br />use, Operate or manage the PropOrty{ and (3) collect the Pants from the Property. And maintenance
<br />Duty to Maintain. Truster shell coalman the Property k good condition and promptly Penn. ell repairs, rep'ACamems,
<br />necessary to preserve Its value
<br />.
<br />Compliance Wlrh Environmental LeWa. Truslor represents and wanamL. to Lender that (1) During the period of Tmstors ownership of
<br />lM1e Property, there nos Even no use, genetalien, manufacture, aforege. lreetmenL dkponl• reWasd r reason p release Of my has been.
<br />except Substance previously Oich on,tl under. aboul to ntl ecknowkdgatl by Lender in writ' Ayr (a) any branch gorg violation rof any EnvYcnmenlel La a h(b) any
<br />use. 9onerellcn. manufacture. Storage, treatment, tlbposal, rebasa or threatened rekasa 01 any HOSartlOUa Substance 00. uotleL aEOUr Or any
<br />from the Property, by any prior owners or occupants of the Properly, or (c) any actual or ged by Mende Bno Tai q�(a) neither T rter nor
<br />person merino to such matters; and (3) Except as prevleusly disclosed to and acknowledged by
<br />Ony tenant. contractor, agent or Other authorised user of the Property shall use, generate, manufacture, store, :real, dem,. of or release any
<br />He erdous Substance On, under, about a', four the Property; and (b) any such aclNay shell be conducted In ccmplknca wI1M1 ml epplkeE4
<br />federal
<br />late and
<br />local regulations to make such inspectors end feel, t Trustees ikk rsel, D Truster tleem epproprls ante
<br />determine compliance of the Property Minn this section of the Deed of Tr st. A onl the part of Lentlersto made by Truster oar to any „ofhreposon.dThn actions or
<br />.. . ............eme arts ras ^nn .. _..__ 11 . e._..., r.. HnmMmUS
<br />shall e use ra consent. remove
<br />Or se r parmh th aihePoo . kndddump, or
<br />J "a^ ovintal P which
<br />ct a Agenlcy 0, any stale or 10CAll government
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<br />WHEN RECORDED MAIL TO:
<br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION
<br />OF NEBRASKA
<br />201 West 7th Street
<br />P 0 Box 960 FOR RECORD ER'B USE.OSY Wx
<br />Lexington. NE 68850 peso
<br />DEED OF TRUST °
<br />MAXIMUM LIEN. The lien of this Deed of Trust Shall not exceed at any one time $27,533.42.
<br />THIS DEED OF TRUST is dated March 11, 2002, among Fredrick I. Hongaermeier and Stephanie Ann
<br />Hongsermeler, Husband and Wife ( "Truster "); HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />NEBRASKA., whose address is 201 West 7th Street, P O Box 960, Lexington, NE 68850 -0960 (referred to
<br />below sometimes as "Lender' and sometimes as "Benefici Le )nand NE Home Feder l Savings and d Loa ea
<br />Association of Nebraska, whose address is P O Box 960,
<br />Trustee").
<br />CONVEYNCE AND GRANT. For valuable consideration, Truster conveys to T following In trust, WITH POWER OF SALE, far
<br />vi the I reading a of
<br />Lentler as Benelldery, ell al Tmrols r'gM1t, tifVS, and Interest in and to the hollowing .19 ay. d reel property- together star, ar a
<br />subsequently erected or eI bulMings. Improvements antl L rights); if easements, rights of way, and eppurre0aing to an real
<br />ditch rights (inckding stock In ctifties with ditch or imgallen rights): and all ether rights, roye8ies, ntl pmlNs retesting to the reel prcperry�te Of
<br />wil0or limitation all minerals, oil, gas, geothermal and s filer mattes, (the Real Property') located In Hall County S3
<br />Nebraska:
<br />Lot 7, Block 138, Union Pacific Railway Company's Second Addition to the city of Grand Island, Hell
<br />County, Nebraska
<br />The Real Property or its address is commonly known as 408 W 8th, Grand Island, NE 68(101.
<br />FUTURE ADVANCES. Spedfkary, without limitation, this Deed of Twat secures, In addition to the amouns spacined in the Note, ell fuure
<br />amounts Lender In its discretion may Ion to Thur.,• togethr wdh all Interest thereon.
<br />Truster presently as3fjns to Lnder W. known ea Beneficiary In thin etltlBion TTmsfOrlg of iants stto Landol0 Uniform Commercial Code all security
<br />and future leases of the Portent, and all Pants from the Properly.
<br />interest in the Personal Property and Rents.
<br />PpOPERTYD. 9 GIVEN TO SECURE (A) P YMENT OF THE INDEBTEDNESS NDE(In PERFORMANCE OF NYR NND ALL OSLIOATIIONS
<br />THIS 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 i s otherwise provided N this Deed of Trust Truster ruste shell pay m Lender ell amounts secured by this
<br />Deed of Trust as they become due, and shall sins
<br />and In e timely manner P.O.. all of Tmstofs obligations under the Note, this Deed of Trust,
<br />and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trusters possession and use of lhePropeny shall be Smashed by
<br />the following povislons:
<br />Possession and Use. Until the occurrence of an Event of Celsius. Truster may (1) remain in possession and control 01 the Property;
<br />use, Operate or manage the PropOrty{ and (3) collect the Pants from the Property. And maintenance
<br />Duty to Maintain. Truster shell coalman the Property k good condition and promptly Penn. ell repairs, rep'ACamems,
<br />necessary to preserve Its value
<br />.
<br />Compliance Wlrh Environmental LeWa. Truslor represents and wanamL. to Lender that (1) During the period of Tmstors ownership of
<br />lM1e Property, there nos Even no use, genetalien, manufacture, aforege. lreetmenL dkponl• reWasd r reason p release Of my has been.
<br />except Substance previously Oich on,tl under. aboul to ntl ecknowkdgatl by Lender in writ' Ayr (a) any branch gorg violation rof any EnvYcnmenlel La a h(b) any
<br />use. 9onerellcn. manufacture. Storage, treatment, tlbposal, rebasa or threatened rekasa 01 any HOSartlOUa Substance 00. uotleL aEOUr Or any
<br />from the Property, by any prior owners or occupants of the Properly, or (c) any actual or ged by Mende Bno Tai q�(a) neither T rter nor
<br />person merino to such matters; and (3) Except as prevleusly disclosed to and acknowledged by
<br />Ony tenant. contractor, agent or Other authorised user of the Property shall use, generate, manufacture, store, :real, dem,. of or release any
<br />He erdous Substance On, under, about a', four the Property; and (b) any such aclNay shell be conducted In ccmplknca wI1M1 ml epplkeE4
<br />federal
<br />late and
<br />local regulations to make such inspectors end feel, t Trustees ikk rsel, D Truster tleem epproprls ante
<br />determine compliance of the Property Minn this section of the Deed of Tr st. A onl the part of Lentlersto made by Truster oar to any „ofhreposon.dThn actions or
<br />.. . ............eme arts ras ^nn .. _..__ 11 . e._..., r.. HnmMmUS
<br />shall e use ra consent. remove
<br />Or se r parmh th aihePoo . kndddump, or
<br />J "a^ ovintal P which
<br />ct a Agenlcy 0, any stale or 10CAll government
<br />
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