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DEED OF TRUST - Ij5 -7 Z (-011 y
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $5,000.00. N
<br />THIS DEED OF TRUST is dated August 30, 2002, among DONNA F LONGENECKER FMA DONNA F.
<br />LYBARGER and ERNEST S LONGENECKER; as Wife and Husband ( "Truster"); State Farm Bank, F.S.B.,
<br />whose address is Bank Loan Center, One State Farm Plaza, Bloomington, IL 61710 (referred to below
<br />sometimes as "Lender" and sometimes as "Beneficiary"); and State Farm Bank, F.S.B., whose address is
<br />1212 Fern Ridge Parkway, Crave Coeur, MO 63141 -4451 (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 Trustor'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; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (Including stock in utiltties with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real ppropeny, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Properly') IOCBted In HALL County, State of
<br />Nebraska:
<br />LOTS 5, 6, 7 AND 8, IN BLOCK 4, IN DILL AND HUSTON'S ADDITION TO THE CITY OF GRAND ISLAND,
<br />NEBRASKA.
<br />The Real Property or its address is commonly known as 2327 W 11TH ST, GRAND ISLAND, NE 68803. The
<br />Real Property tax identification number is 400126753
<br />REVOLVING LINE OF CREDIT. Specifically, In addition to the amounts specified in the Indebtedness definition, and without limitation,
<br />this Deed of Trust secures a revolving line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies
<br />with all the terms of the Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation
<br />Met the total outstanding balance owing at any one time, not Including finance charges on such balance at a fixed or variable rate or sum
<br />as provided in the Credit Agreement, any temporary overages, other charges, and any amounts expended or advanced as provided In
<br />either the Indebtedness paragraph or this paragraph, shall not exceed the Credit Limit as provided in the Credit Agreement. It is the
<br />intention of Trustor and Lender that this Deed of Trust secures the balance outstanding under the Credit Agreement from time to time
<br />from are up to the Credit Limit as provided In this Deed of Trust and any Intermediate balance.
<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 present
<br />and future leases of the Property and all Rents from the Property. In addition, Truster 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 EACH OF TRUSTOR'S
<br />AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Tuster 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 Truslors obligations under the Credit Agreement, this
<br />Dew of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's 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, Truster 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 Property.
<br />Duty to Maintain. Truster shall maintain the Property in good condition and promptly perform all repairs, replacements, and maintenance
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<br />WHEN CRJORDED MAIL TO:
<br />Fier ilq„is, u,el barvmerc
<br />State Fa k F.S.B.
<br />777 Bean
<br />7797 Bonhumme, Suite 1603
<br />P 0 Be_ x
<br />Clayton, MO 63105
<br />Matliso I 05 -0961
<br />FOR RECORDER'S USE ONLY
<br />DEED OF TRUST - Ij5 -7 Z (-011 y
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $5,000.00. N
<br />THIS DEED OF TRUST is dated August 30, 2002, among DONNA F LONGENECKER FMA DONNA F.
<br />LYBARGER and ERNEST S LONGENECKER; as Wife and Husband ( "Truster"); State Farm Bank, F.S.B.,
<br />whose address is Bank Loan Center, One State Farm Plaza, Bloomington, IL 61710 (referred to below
<br />sometimes as "Lender" and sometimes as "Beneficiary"); and State Farm Bank, F.S.B., whose address is
<br />1212 Fern Ridge Parkway, Crave Coeur, MO 63141 -4451 (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 Trustor'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; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (Including stock in utiltties with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real ppropeny, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Properly') IOCBted In HALL County, State of
<br />Nebraska:
<br />LOTS 5, 6, 7 AND 8, IN BLOCK 4, IN DILL AND HUSTON'S ADDITION TO THE CITY OF GRAND ISLAND,
<br />NEBRASKA.
<br />The Real Property or its address is commonly known as 2327 W 11TH ST, GRAND ISLAND, NE 68803. The
<br />Real Property tax identification number is 400126753
<br />REVOLVING LINE OF CREDIT. Specifically, In addition to the amounts specified in the Indebtedness definition, and without limitation,
<br />this Deed of Trust secures a revolving line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies
<br />with all the terms of the Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation
<br />Met the total outstanding balance owing at any one time, not Including finance charges on such balance at a fixed or variable rate or sum
<br />as provided in the Credit Agreement, any temporary overages, other charges, and any amounts expended or advanced as provided In
<br />either the Indebtedness paragraph or this paragraph, shall not exceed the Credit Limit as provided in the Credit Agreement. It is the
<br />intention of Trustor and Lender that this Deed of Trust secures the balance outstanding under the Credit Agreement from time to time
<br />from are up to the Credit Limit as provided In this Deed of Trust and any Intermediate balance.
<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 present
<br />and future leases of the Property and all Rents from the Property. In addition, Truster 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 EACH OF TRUSTOR'S
<br />AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Tuster 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 Truslors obligations under the Credit Agreement, this
<br />Dew of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's 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, Truster 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 Property.
<br />Duty to Maintain. Truster shall maintain the Property in good condition and promptly perform all repairs, replacements, and maintenance
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