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<br />THIS DEED OF TRUST is dated September 4, 2002, among Nancy L. Stephens, as wife and debtor, whose
<br />address is 209 Sunny Drive, Doniphan, NE 68832 and Kurvin Sampson, as husband, whose address is 209
<br />Sunny Drive, Doniphan, NE 68832 ("Transfer"); Bank of Clarks, whose address Is 301 N. Green, P.O. Box
<br />125, Clarks, NE 68628 -0125 (referred to below sometimes as "Lender" and sometimes as "Beneficiary");
<br />and Bank of Clarks, whose address is 301 N. Green, P.O. Box 125, Clarks, NE 68628 -0125 (referred to
<br />below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable considerable , Truster conveys to Trustee In trust, WITH POWER OF SALE, for the benelit of
<br />Lender as Beneficiary, all of Trustees 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; all easements, rights of way, and appurtenances; all water, wafer rights and
<br />ditch rights (Including stock in unities with ditch or Irrigation rights); and all other rights, royalties, and pprofits relating to me real yproperly, Including
<br />without limitation all minerals, oil, gas, geothermal and similar names, (the "Real Property ") located in Hall GOunty, State of
<br />Nebraska:
<br />Lots One (1) and Two (2) in Block Four (4), in Boggs and Hilt's Addition to the City of of Grand Island,
<br />Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 2003 West 12th, Grand Island, NE 68801.
<br />FUTURE ADVANCES. Specifically, without limitation, this Dead of Trust secures, in addition to the amounts specllled in fine Note, all future
<br />amounts Lender in its discretion may loan to Borrower, together with all interest thereon; however, in re, event shall such future advances
<br />(excluding Interest) exceed in the aggregate $60,000.00.
<br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Truslor's right, title, and Interest in and to all present
<br />and future leases of the Property and all Rents from the Propi in addition, Truster grants to Lender a uniform Commercial Code security
<br />Interest m 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trusfor warrants that (a) this Deed of Trust is executed at Borrowers request and not
<br />at the request of Lender, (b) Trustor has the full power, right, and authority to enter Into fins Deed of Trust and to hypothecate the Property; (c)
<br />the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument binding upon Truster and
<br />do not result in a violation of any law, regulation, court decree or Order applicable 0 Terri (d) Truster has established adequate means of
<br />obtaining from Borrower on a continuing basis information about Borrower's financial condition, and (a) Lender has made no representation to
<br />Truster about Borrower (Including without hartaticn the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Truster waives all rights or defenses arising by reason of any "one action" or "anti- deficiency" law, or any other law
<br />which may prevent Lender from bringing any soften against Truster, Including a claim for dobawcy to the extent Lender is otherwise entitled to a
<br />claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of
<br />sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Dead of Trust, Borrower shall pay to Lender all Indebtedness secured by
<br />this Used of Trust as it becomes due, and Borrower and Truster shall strictly feature all their respective obligations under the Note, this Deetl of
<br />Trust, and the Related Documents.
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<br />WHEN RECORDED MAIL TO:
<br />200209532
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<br />Bank of Clarks
<br />301 N. Green
<br />P.x 125
<br />D. Bo
<br />GI k NE 68628 0125
<br />FOR
<br />RECORDER'S USE
<br />ONLY
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this
<br />Deed of Trust shall not exceed at any one time
<br />$60,600.60.
<br />THIS DEED OF TRUST is dated September 4, 2002, among Nancy L. Stephens, as wife and debtor, whose
<br />address is 209 Sunny Drive, Doniphan, NE 68832 and Kurvin Sampson, as husband, whose address is 209
<br />Sunny Drive, Doniphan, NE 68832 ("Transfer"); Bank of Clarks, whose address Is 301 N. Green, P.O. Box
<br />125, Clarks, NE 68628 -0125 (referred to below sometimes as "Lender" and sometimes as "Beneficiary");
<br />and Bank of Clarks, whose address is 301 N. Green, P.O. Box 125, Clarks, NE 68628 -0125 (referred to
<br />below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable considerable , Truster conveys to Trustee In trust, WITH POWER OF SALE, for the benelit of
<br />Lender as Beneficiary, all of Trustees 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; all easements, rights of way, and appurtenances; all water, wafer rights and
<br />ditch rights (Including stock in unities with ditch or Irrigation rights); and all other rights, royalties, and pprofits relating to me real yproperly, Including
<br />without limitation all minerals, oil, gas, geothermal and similar names, (the "Real Property ") located in Hall GOunty, State of
<br />Nebraska:
<br />Lots One (1) and Two (2) in Block Four (4), in Boggs and Hilt's Addition to the City of of Grand Island,
<br />Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 2003 West 12th, Grand Island, NE 68801.
<br />FUTURE ADVANCES. Specifically, without limitation, this Dead of Trust secures, in addition to the amounts specllled in fine Note, all future
<br />amounts Lender in its discretion may loan to Borrower, together with all interest thereon; however, in re, event shall such future advances
<br />(excluding Interest) exceed in the aggregate $60,000.00.
<br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Truslor's right, title, and Interest in and to all present
<br />and future leases of the Property and all Rents from the Propi in addition, Truster grants to Lender a uniform Commercial Code security
<br />Interest m 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trusfor warrants that (a) this Deed of Trust is executed at Borrowers request and not
<br />at the request of Lender, (b) Trustor has the full power, right, and authority to enter Into fins Deed of Trust and to hypothecate the Property; (c)
<br />the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument binding upon Truster and
<br />do not result in a violation of any law, regulation, court decree or Order applicable 0 Terri (d) Truster has established adequate means of
<br />obtaining from Borrower on a continuing basis information about Borrower's financial condition, and (a) Lender has made no representation to
<br />Truster about Borrower (Including without hartaticn the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Truster waives all rights or defenses arising by reason of any "one action" or "anti- deficiency" law, or any other law
<br />which may prevent Lender from bringing any soften against Truster, Including a claim for dobawcy to the extent Lender is otherwise entitled to a
<br />claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of
<br />sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Dead of Trust, Borrower shall pay to Lender all Indebtedness secured by
<br />this Used of Trust as it becomes due, and Borrower and Truster shall strictly feature all their respective obligations under the Note, this Deetl of
<br />Trust, and the Related Documents.
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