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WHEN RECORDED MAIL TO:
<br />United Nebraska Bank
<br />Grand island Office
<br />PO Box Seta FOR RECORDER'S UBE ONLY
<br />Grand wang. uL USO'
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated December 20, 2002, among KRISTIN R PETERSEN; SINGLE INDIVIDUAL
<br />( "Trustor" ); United Nebraska Bank, whose address Is Grand Island Office, PO Box 5018, Grand Island, NE
<br />68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and United Nebraska
<br />Bank , whose address is 700 N. Webb, Grand island, NE 68802 (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 , ell Of Tuslor's night, title, And interest in and to the following described real property, together with all exlsling or
<br />subsequently erected or aff,xed buildings, Improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (including stack in utilities with ditch Or irrigation rights); and all other rights royeplliesm, tan profits relating to the reel pmparty, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real f r0 a located in HALL County, Stale Of
<br />Nebraska:
<br />THE EAST TWENTY -FIVE AND FIVE TENTHS (E25.5) FEET OF LOT THIRTY (30) AND THE WEST
<br />TWENTY -THREE AND FIVE TENTHS (23.5) FEET OF LOT THIRTY -ONE (31), IN BUENAVISTA
<br />SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 327 EAST DODGE, GRAND ISLAND, NE 68801.
<br />The Real Property tax identification number is 400027003
<br />Truster presently assigns to Lender (also known as Beneficiary in this Dead of Trusts l of Trustor's Lentle a right. title, and interest In and to otlel present
<br />and future leases of the Property and all Rents from the Property. In addition, grants to
<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 ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST 18 GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />Deed of Trust st AND as they became due, end shall otherwise provided
<br />and n a timely) manner periorm of of T shall pay ations under the Note, his Deed Of Trust,
<br />and the Releled Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trustor's possession and use of the Properly shall be governed
<br />by the following provisions:
<br />Possession and Use. Until the Occurrence of en Event of Default, Trustor may (1) remain in possession and control of the Property: (2)
<br />use, operate or manage the Properly; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Truster shell maintain the Property in tenantable condition and promptly perform all reports, replacements, and
<br />maintenance necessary to preserve its value.
<br />Compliance With Environmental Law &. Trustor represents and warrants to Lentler that (1) During the period of Truslor's ownership of
<br />the Properly, there has been no use, generation• manufacture, storage, treatment, disposal, release or threatened release of any Hamrtlous
<br />Substance by any person on, under, about or from the Properly; (2) Trustor has no knowledge of, or reason to believe that there has been,
<br />excepl as previously disdosetl to and acknowledged by Lender in writing, (a) any breech or violation of any Environmental Laws, (b) any
<br />use, generation, manufacture, storage, treatment, disposal, release of threatened release of any Hamrtlous Substance on, under. about Or
<br />from the Property by any prior owners or Occupants of the Properly, or (c) any actual or threatened litigation or claims of egher kind by nor
<br />person relating to such matters; and (3) Except as previously disclosed to and acknowledged by Lender In writing. (a)
<br />any tenant, contractor, agent or other euthorimtl user of the Properly shell use, as to, manufacture, store, treat, dispose of or release any
<br />Hazardous Substance on, under, about or from the Property ; and (b) any such activity shall be conducted in compliance with all applicable
<br />Trustor federal, stale, and Ideal laws, regulations and ordinances, including without limitation all Environmental Laws,
<br />sntler me atleem appropriate s Lender
<br />to
<br />Its agents to enter upon the Property to make such Inspections and tests, at Truster's expense, Y
<br />determine compliance of the Property with this section of the Dead Of Trust. Any Inspections or tests made by Lender shall be for Lenders
<br />purposes only and shall not be construed to creale any responsibility or liability On the part of Lender to Tractor or to any other person. The
<br />representations and warranties contained herein are based on Truster's due diligence in investigating the Property for Hamrtlous
<br />Substances. Trustor hereby (1) releases and waives any future claims against Lender for indemnity Or contdbutlon in the event Trustor
<br />becomes liable for cleanup Or other costs under any such laws; and (2) agrees to Indemnify and hold harmless Lender against any and all
<br />claims, losses, liabilities, damages Penalties, and expenses which Lender may directly or ndireclly sustain or suit or resulting from a broach
<br />of this section of the Dead of Trust or as a consequence of any use, generation, manufacture, storage, disposal ' release or threatened
<br />known to Trustor.
<br />release occurring prior to Trustor's Ownership or interest In the Property, whether Or not the same was Or Should have been Indebtedness and
<br />The provisions of this section of the Dead Of Trust, including the obligafion to indemnify, shall survive the pay
<br />the satisfaction and reconveyande of the lien of this Deed Of Trust and shall not be affected by Lender's acquisition of any interest in the
<br />Property, whether by foreclosure or Otherwise. or to
<br />Nuisance, Waste. Trustor shall not cause, conduct Or permit any nuisance nor commit, permit, or suffer any stripping oof or waste to any other
<br />the Properly or one portion of the erron nteralss (hulutl nmlloi and gas), Col al, clay, scoriia,O50 • gravel a, ock tproducts without Lender's prior
<br />party the right to remove, any limber, i ( 8 )•
<br />written consent.
<br />Removal of Improvements. Truster shall not demolish or remove any Improvements from the Real Properly without Lender's prior written
<br />consent. As a condition to the removal of any Improvements, Lender may require Trustor to make arrangements satisfactory to Lender to
<br />replace such Improvements with Improvements of at least equal value.
<br />erS Lender's
<br />L fight tot Enter. Lenderinspe Lend, Real agents
<br />rroperty for purposes lof Truster's compliance with Rest he terms nd cond ions of this Dead and attend to
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<br />WHEN RECORDED MAIL TO:
<br />United Nebraska Bank
<br />Grand island Office
<br />PO Box Seta FOR RECORDER'S UBE ONLY
<br />Grand wang. uL USO'
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated December 20, 2002, among KRISTIN R PETERSEN; SINGLE INDIVIDUAL
<br />( "Trustor" ); United Nebraska Bank, whose address Is Grand Island Office, PO Box 5018, Grand Island, NE
<br />68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and United Nebraska
<br />Bank , whose address is 700 N. Webb, Grand island, NE 68802 (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 , ell Of Tuslor's night, title, And interest in and to the following described real property, together with all exlsling or
<br />subsequently erected or aff,xed buildings, Improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and
<br />ditch rights (including stack in utilities with ditch Or irrigation rights); and all other rights royeplliesm, tan profits relating to the reel pmparty, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real f r0 a located in HALL County, Stale Of
<br />Nebraska:
<br />THE EAST TWENTY -FIVE AND FIVE TENTHS (E25.5) FEET OF LOT THIRTY (30) AND THE WEST
<br />TWENTY -THREE AND FIVE TENTHS (23.5) FEET OF LOT THIRTY -ONE (31), IN BUENAVISTA
<br />SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 327 EAST DODGE, GRAND ISLAND, NE 68801.
<br />The Real Property tax identification number is 400027003
<br />Truster presently assigns to Lender (also known as Beneficiary in this Dead of Trusts l of Trustor's Lentle a right. title, and interest In and to otlel present
<br />and future leases of the Property and all Rents from the Property. In addition, grants to
<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 ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST 18 GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />Deed of Trust st AND as they became due, end shall otherwise provided
<br />and n a timely) manner periorm of of T shall pay ations under the Note, his Deed Of Trust,
<br />and the Releled Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Trustor's possession and use of the Properly shall be governed
<br />by the following provisions:
<br />Possession and Use. Until the Occurrence of en Event of Default, Trustor may (1) remain in possession and control of the Property: (2)
<br />use, operate or manage the Properly; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Truster shell maintain the Property in tenantable condition and promptly perform all reports, replacements, and
<br />maintenance necessary to preserve its value.
<br />Compliance With Environmental Law &. Trustor represents and warrants to Lentler that (1) During the period of Truslor's ownership of
<br />the Properly, there has been no use, generation• manufacture, storage, treatment, disposal, release or threatened release of any Hamrtlous
<br />Substance by any person on, under, about or from the Properly; (2) Trustor has no knowledge of, or reason to believe that there has been,
<br />excepl as previously disdosetl to and acknowledged by Lender in writing, (a) any breech or violation of any Environmental Laws, (b) any
<br />use, generation, manufacture, storage, treatment, disposal, release of threatened release of any Hamrtlous Substance on, under. about Or
<br />from the Property by any prior owners or Occupants of the Properly, or (c) any actual or threatened litigation or claims of egher kind by nor
<br />person relating to such matters; and (3) Except as previously disclosed to and acknowledged by Lender In writing. (a)
<br />any tenant, contractor, agent or other euthorimtl user of the Properly shell use, as to, manufacture, store, treat, dispose of or release any
<br />Hazardous Substance on, under, about or from the Property ; and (b) any such activity shall be conducted in compliance with all applicable
<br />Trustor federal, stale, and Ideal laws, regulations and ordinances, including without limitation all Environmental Laws,
<br />sntler me atleem appropriate s Lender
<br />to
<br />Its agents to enter upon the Property to make such Inspections and tests, at Truster's expense, Y
<br />determine compliance of the Property with this section of the Dead Of Trust. Any Inspections or tests made by Lender shall be for Lenders
<br />purposes only and shall not be construed to creale any responsibility or liability On the part of Lender to Tractor or to any other person. The
<br />representations and warranties contained herein are based on Truster's due diligence in investigating the Property for Hamrtlous
<br />Substances. Trustor hereby (1) releases and waives any future claims against Lender for indemnity Or contdbutlon in the event Trustor
<br />becomes liable for cleanup Or other costs under any such laws; and (2) agrees to Indemnify and hold harmless Lender against any and all
<br />claims, losses, liabilities, damages Penalties, and expenses which Lender may directly or ndireclly sustain or suit or resulting from a broach
<br />of this section of the Dead of Trust or as a consequence of any use, generation, manufacture, storage, disposal ' release or threatened
<br />known to Trustor.
<br />release occurring prior to Trustor's Ownership or interest In the Property, whether Or not the same was Or Should have been Indebtedness and
<br />The provisions of this section of the Dead Of Trust, including the obligafion to indemnify, shall survive the pay
<br />the satisfaction and reconveyande of the lien of this Deed Of Trust and shall not be affected by Lender's acquisition of any interest in the
<br />Property, whether by foreclosure or Otherwise. or to
<br />Nuisance, Waste. Trustor shall not cause, conduct Or permit any nuisance nor commit, permit, or suffer any stripping oof or waste to any other
<br />the Properly or one portion of the erron nteralss (hulutl nmlloi and gas), Col al, clay, scoriia,O50 • gravel a, ock tproducts without Lender's prior
<br />party the right to remove, any limber, i ( 8 )•
<br />written consent.
<br />Removal of Improvements. Truster shall not demolish or remove any Improvements from the Real Properly without Lender's prior written
<br />consent. As a condition to the removal of any Improvements, Lender may require Trustor to make arrangements satisfactory to Lender to
<br />replace such Improvements with Improvements of at least equal value.
<br />erS Lender's
<br />L fight tot Enter. Lenderinspe Lend, Real agents
<br />rroperty for purposes lof Truster's compliance with Rest he terms nd cond ions of this Dead and attend to
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