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WHEN RECORDED MAIL 0: <br />Five Polnta Bank <br />West Branch <br />2009 N. Diets Ave. <br />Grand Island, NE 88803 FOP RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated April 24, 2002, among SHANE LEE STAVA, an Unmarried Person and LISA <br />DIANE STREAM, an Unmarried Person ( "Trustor "); Five Points Bank, whose address Is West Branch, 2009 N. d <br />Diets Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary "); and (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 Truster'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; ell easements, rights of way, and appurtenances; all water, water <br />rights and hWh rights (including stock in utilities with ditch or irrigation hil l: and all other rights, royalties, and profits relating to the reel <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Reel Property ") located in HALL <br />County. State of Nebraska; <br />Lot Two (2), Block Three (3), Kay -Dee Subdivision, Hell County, Nebraska, EXCEPTING a tract of land more <br />particularly described in Warranty Deed recorded as Document No. 91- 102667 <br />The Real Property or its address is commonly known as 1607 ROBERTA AVENUE, GRAND ISLAND, NE <br />68803. The Reel Property tax identification number is 400050951 <br />REVOLVING LINE OF CREDIT. Spastically. wiNout limitation, all Deed of Trust secures a revolving line of credit, which obligates Lender <br />to make advances to Trustor so long as Truster complies wnh all the terms of the Credit Agreement. Such advances may be made, repaid <br />and remade from time to time, subject to the limitation that the total outstanding balance owing at any one time. not including finance <br />charges on such balance at a fixed or variable rate or sum as provided in the Credit Agreement any temporary overages, other charges, <br />and any amounts expended or advanced as provided in this paragraph, shall not exceed the Credit Limit as provided in the Credit <br />Agreement. It is the intention of Truster and Lender that this Deed of Treat secures the balance outstanding under tine Credit Agreement <br />from time to time from zero up to the Credit Limit as provided in this need of Tnut and any intermediate balance. <br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Trust( all of Truster's right, title, and interest in and to all <br />present and future leases of the Property and all Rants 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 (B) PERFORMANCE OF EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST 15 GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Dead of Trust, Trooper shall pay In Lander all amounts secured by <br />this Deed of Trust as they become due, and shell strictly and in a timely manner perform all of Truster's obligations under the Credit <br />Agreement, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trustor's possession and use of the Property shall be <br />governed by the following provisions: <br />Poaaeaside and Use. Until the occurrence of an Event of Default. Treater may 0I remain in possession and control of the Property; <br />(2) use, operate or manage the Property; and (31 collect the Rents from the Property. <br />Duty to Maintain. Toucher shall maintain the Property in good condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve Its value. <br />Hazardous Substances. Truster represents and warrants that the Property never has been, and never will be so long as this Deed of <br />Trust remains a lien on the Properly, used for the generation, manufacture, storage, treatment disposal, release or threatened release <br />so <br />n <br />o <br />c, to <br />rn <br />p <br />9 <br />N <br />O ti <br />T <br />m <br />cDAI <br />EO <br />n <br />n <br />m <br />O <br />o <br />K <br /><mp <br />n <br />Do <br />in <br />o <br />to <br />b <br />s <br />WHEN RECORDED MAIL 0: <br />Five Polnta Bank <br />West Branch <br />2009 N. Diets Ave. <br />Grand Island, NE 88803 FOP RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated April 24, 2002, among SHANE LEE STAVA, an Unmarried Person and LISA <br />DIANE STREAM, an Unmarried Person ( "Trustor "); Five Points Bank, whose address Is West Branch, 2009 N. d <br />Diets Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary "); and (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 Truster'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; ell easements, rights of way, and appurtenances; all water, water <br />rights and hWh rights (including stock in utilities with ditch or irrigation hil l: and all other rights, royalties, and profits relating to the reel <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Reel Property ") located in HALL <br />County. State of Nebraska; <br />Lot Two (2), Block Three (3), Kay -Dee Subdivision, Hell County, Nebraska, EXCEPTING a tract of land more <br />particularly described in Warranty Deed recorded as Document No. 91- 102667 <br />The Real Property or its address is commonly known as 1607 ROBERTA AVENUE, GRAND ISLAND, NE <br />68803. The Reel Property tax identification number is 400050951 <br />REVOLVING LINE OF CREDIT. Spastically. wiNout limitation, all Deed of Trust secures a revolving line of credit, which obligates Lender <br />to make advances to Trustor so long as Truster complies wnh all the terms of the Credit Agreement. Such advances may be made, repaid <br />and remade from time to time, subject to the limitation that the total outstanding balance owing at any one time. not including finance <br />charges on such balance at a fixed or variable rate or sum as provided in the Credit Agreement any temporary overages, other charges, <br />and any amounts expended or advanced as provided in this paragraph, shall not exceed the Credit Limit as provided in the Credit <br />Agreement. It is the intention of Truster and Lender that this Deed of Treat secures the balance outstanding under tine Credit Agreement <br />from time to time from zero up to the Credit Limit as provided in this need of Tnut and any intermediate balance. <br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Trust( all of Truster's right, title, and interest in and to all <br />present and future leases of the Property and all Rants 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 (B) PERFORMANCE OF EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST 15 GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Dead of Trust, Trooper shall pay In Lander all amounts secured by <br />this Deed of Trust as they become due, and shell strictly and in a timely manner perform all of Truster's obligations under the Credit <br />Agreement, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trustor's possession and use of the Property shall be <br />governed by the following provisions: <br />Poaaeaside and Use. Until the occurrence of an Event of Default. Treater may 0I remain in possession and control of the Property; <br />(2) use, operate or manage the Property; and (31 collect the Rents from the Property. <br />Duty to Maintain. Toucher shall maintain the Property in good condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve Its value. <br />Hazardous Substances. Truster represents and warrants that the Property never has been, and never will be so long as this Deed of <br />Trust remains a lien on the Properly, used for the generation, manufacture, storage, treatment disposal, release or threatened release <br />