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200 12161 <br />r< <br />State Farm Bank, F.S.B. First Amer "can L-oan Serviees L�(` (� S2 p� <br />P 0 Box 5961 7777 Bonhomme, Suite 1603 <br />Madison, WI 57305 -0961 Clayton, MO 63105 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $21,000.00. <br />THIS DEED OF TRUST is dated August 26, 2003, among CHARLES C DONNER and PATRICIA DONNER; as <br />Husband and Wife ( "Trustor "); State Farm Bank, F.S.B., whose address is Bank Loan Center, One State Farm <br />Plaza, Bloomington, IL 61710 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and <br />State Farm Bank, F.S.B., whose address is PO Box 419001, St. Louis, MO 63141 (referred to below as <br />"Trustee "). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor 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 <br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in Hall <br />County, State of Nebraska: <br />The Easterly 46 Feet of Lot 7, and the Westerly 14 Feet of Lot 8 in Block 19, of Charles Wasmer's Addition <br />to the City of Grand Island, Hall County, Nebraska <br />The Real Property or its address is commonly known as 1818 W CHARLES ST, GRAND ISLAND, NE 68803. <br />The Real Property tax identification number is 400108321 <br />REVOLVING LINE OF CREDIT. Specifically, in addition to the amounts specified in the Indebtedness definition, and without limitation, this <br />Deed of Trust secures a revolving line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all <br />the terms of the Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that the <br />total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or variable rate or sum as <br />provided in the Credit Agreement, any temporary overages, other charges, and any amounts expended or advanced as provided in either <br />the Indebtedness paragraph or this paragraph, shall not exceed the Credit Limit as provided in the Credit Agreement. It is the intention of <br />Trustor and Lender that this Deed of Trust secures the balance outstanding under the Credit Agreement from time to time from zero up to <br />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 <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 (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, 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 all of Trustor's obligations under the Credit <br />Agreement, this Deed 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 <br />governed by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and <br />M <br />= <br />D <br />f n <br />C <br />m <br />N <br />w <br />Ao <br />n <br />Z <br />n <br />= <br />-' <br />:jn <br />---4 <br />z �� <br />�CCD <br />CL <br />N <br />T <br />�7 <br />O <br />-* <br />O N <br />_ <br />f -� <br />O t <br />-n° <br />N <br />-n <br />Cl) <br />�n <br />u <br />o v <br />r n <br />NC= <br />, <br />CD <br />F <br />~ CD <br />CD .�-�- <br />� <br />N <br />o <br />r< <br />State Farm Bank, F.S.B. First Amer "can L-oan Serviees L�(` (� S2 p� <br />P 0 Box 5961 7777 Bonhomme, Suite 1603 <br />Madison, WI 57305 -0961 Clayton, MO 63105 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $21,000.00. <br />THIS DEED OF TRUST is dated August 26, 2003, among CHARLES C DONNER and PATRICIA DONNER; as <br />Husband and Wife ( "Trustor "); State Farm Bank, F.S.B., whose address is Bank Loan Center, One State Farm <br />Plaza, Bloomington, IL 61710 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and <br />State Farm Bank, F.S.B., whose address is PO Box 419001, St. Louis, MO 63141 (referred to below as <br />"Trustee "). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor 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 <br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in Hall <br />County, State of Nebraska: <br />The Easterly 46 Feet of Lot 7, and the Westerly 14 Feet of Lot 8 in Block 19, of Charles Wasmer's Addition <br />to the City of Grand Island, Hall County, Nebraska <br />The Real Property or its address is commonly known as 1818 W CHARLES ST, GRAND ISLAND, NE 68803. <br />The Real Property tax identification number is 400108321 <br />REVOLVING LINE OF CREDIT. Specifically, in addition to the amounts specified in the Indebtedness definition, and without limitation, this <br />Deed of Trust secures a revolving line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all <br />the terms of the Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that the <br />total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or variable rate or sum as <br />provided in the Credit Agreement, any temporary overages, other charges, and any amounts expended or advanced as provided in either <br />the Indebtedness paragraph or this paragraph, shall not exceed the Credit Limit as provided in the Credit Agreement. It is the intention of <br />Trustor and Lender that this Deed of Trust secures the balance outstanding under the Credit Agreement from time to time from zero up to <br />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 <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 (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, 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 all of Trustor's obligations under the Credit <br />Agreement, this Deed 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 <br />governed by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and <br />