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THIS DEED OF TRUST is dated December 5, 2002, among Timothy C. Plate, a single person, whose address is <br />2608 Old Fair Road. Grand Island, NE 68803 ( "Trustor "); Wells Fargo Bank Nebraska, National Association, <br />whose address is Grand Island -Mein, 304 W 3rd St, Grand Island, NE 68801 (referred to below sometimes as <br />"Lender" and sometimes as "Beneficiary"1: and Wells Fargo Financial National Bank, whose address is 1919 <br />Douglas Street, Omaha, NE 68102 (referred to below as "Trustee "). <br />CONVEYANCE AND GRANT. For valuable considered... Treater conveys n Trusts. in trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Thater s right, title, and Interest in and to the following described real property, together with all existing or <br />subsequently onseed or affixed buildings, Improvement. and murce; all a ... m acts, rights of way, and ap mIteme...; all water Wata! <br />rights and ditch rights Including stock in utilities with ditch or irrigation right.); and all other rights, royalties, and profits relating to the real <br />property. including without limitation all minerals, oilr gas, geothermal and similar matters, )the "Real Property '9 located in Hell <br />County, State of Nebraska: <br />Lot Two (2), Saddle Club Subdivision. Washington Township, Hall County, Nebraska. <br />The Real Property or its address is commonly known as 3618 East Bismark Road, Grand Island, NE 68801. <br />The Real Property tax identification number is 400214873 <br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Tariff all of Truetor'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 IA) PAYMENT OF THE INDEBTEDNESS AND IBI 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 ell of Tmstor's obligations under the Note, this <br />Dead of Treat, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trusmr's possession and use of the Property shell be <br />governed by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Truster may 111 remain in perepeauon and control of the Property; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Bury to Maintain. Truster shall maintain the Property In tenantable condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve its value. d at <br />Compliance With Environmental Laws. Treater represents and warrants ans to Lender treatment, :d1) During the <br />se periohreetenotlt�elease otr only <br />of the Property, there has been no use, pressure, manufacture, g o <br />Npro <br />G <br />! } <br />W <br />e <br />N Iv <br />N <br />4!1 <br />m <br />imp. <br />WHEN RECORDED MAIL TO: <br />200213775 <br />Minneapolis Loan Ops Comer <br />n <br />Attn: Collateral Processing - Rep 111 <br />m <br />730 2nd Ave. South Sake 1000 <br />FOR RECOgD...a <br />USE ONLY <br />i/i <br />M I MN 554]9 <br />'tltlI <br />�� <br />II'NpI 'RryglFpk^ qqB' IINNIIu�uII <br />IOIO IW FI M <br />, <br />000000000000002O02 35 <br />DEED OF TRUST+ <br />MAXIMUM LIEN. The lien of this <br />Deed <br />of <br />Trust shall not exceed at any one time $55,047.06. <br />THIS DEED OF TRUST is dated December 5, 2002, among Timothy C. Plate, a single person, whose address is <br />2608 Old Fair Road. Grand Island, NE 68803 ( "Trustor "); Wells Fargo Bank Nebraska, National Association, <br />whose address is Grand Island -Mein, 304 W 3rd St, Grand Island, NE 68801 (referred to below sometimes as <br />"Lender" and sometimes as "Beneficiary"1: and Wells Fargo Financial National Bank, whose address is 1919 <br />Douglas Street, Omaha, NE 68102 (referred to below as "Trustee "). <br />CONVEYANCE AND GRANT. For valuable considered... Treater conveys n Trusts. in trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Thater s right, title, and Interest in and to the following described real property, together with all existing or <br />subsequently onseed or affixed buildings, Improvement. and murce; all a ... m acts, rights of way, and ap mIteme...; all water Wata! <br />rights and ditch rights Including stock in utilities with ditch or irrigation right.); and all other rights, royalties, and profits relating to the real <br />property. including without limitation all minerals, oilr gas, geothermal and similar matters, )the "Real Property '9 located in Hell <br />County, State of Nebraska: <br />Lot Two (2), Saddle Club Subdivision. Washington Township, Hall County, Nebraska. <br />The Real Property or its address is commonly known as 3618 East Bismark Road, Grand Island, NE 68801. <br />The Real Property tax identification number is 400214873 <br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Tariff all of Truetor'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 IA) PAYMENT OF THE INDEBTEDNESS AND IBI 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 ell of Tmstor's obligations under the Note, this <br />Dead of Treat, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trusmr's possession and use of the Property shell be <br />governed by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Truster may 111 remain in perepeauon and control of the Property; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Bury to Maintain. Truster shall maintain the Property In tenantable condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve its value. d at <br />Compliance With Environmental Laws. Treater represents and warrants ans to Lender treatment, :d1) During the <br />se periohreetenotlt�elease otr only <br />of the Property, there has been no use, pressure, manufacture, g o <br />