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<br />WHEN RECORDED MAIL TO: <br />Five Points Bank RL"\ t'YV'II.'IG.:;:~1.v1 <br />West Branch - .. I <br />2009 N. Diers AVe. <br />Grand Island. NE 68803 <br /> <br /> ;;0 0 0 ~ <br /> m :I: )> c:::::. 0(1) <br /> .." c:::. .Q rn <br /> c m (fl " c..n o ~ <br /> Z n :I: Z c: l:- r'\,)=:J <br />n ;li; ~f z~ aOl' <br />~ 0 <::::;) -I1Tl <br />'J: rt1 i-- c.=: <br />m en o - -<0 [ <br />() (t) 0 ....... 0""" a <br />A :c ...,., -L: -"z G;- <br /> r en <br /> 0 :::t: Pl <br /> rt1 -u ~ co ....... 3" <br /> 0 rt1 :3 r- :::0 <br /> 0 r~ .......... g <br /> '" ....... U> <br /> N ;:><; .......... <br /> l:- co ~ <br /> c..) '-'" '-'" <br /> -...J en c:o ;:a. <br /> en <br /> :2 <br /> 200511188 0 <br /> FOR RECORDER'S USE ONLY <br /> <br />I'V <br />IS <br />IS <br />0'1 <br />~ <br />~ <br />~ <br />00 <br />00 <br /> <br />..yo s <br />' C) <br /> <br />THIS DEED OF TRUST is dated November 4, 2005, among ROBERT F STOLTENBERG and MARY JANE <br />STOLTENBERG; Husband and Wife ("Trustor"); Five Points Bank, whose address is West Branch, 2009 N. <br />Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802-1507 <br />(referred to below as "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 rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including <br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL County, State of <br />Nebraska: <br /> <br />DEED OF TRUST <br /> <br />Lot Four (4), Block Four (4), Brentwood Subdivision, City of Grand Island, Hall County, Nebraska. <br /> <br />The Real Property or its address is commonly known as 3016 BRENTWOOD PL, GRAND ISLAND, NE <br /> <br />68801-7223. <br /> <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, Trustor grants to Lender a Uniform Commercial Code security <br />interest in the Personal Property and Rents. <br /> <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 /> <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Truster shell 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 Trustor's obligations under the Note, this Deed of Trust, <br />and the Related Documents. <br /> <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 /> <br />Possession and Use. Until the occurrence of an Event of Default, Trustor 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 /> <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and maintenance <br />necessary to preserve its value. <br /> <br />Compliance With Environmental laws. Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership of <br />the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous <br />Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason to believe that there has been, <br />except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any Environmental Laws, (b) any <br />use, generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance on, under, about or <br />from the Property by any prior owners or occupants of the Property, or (c) any actual or threatened litigation or claims of any kind by any <br />person relating to such matters; and (3) Except as previously disclosed to and acknowledged by Lender in writing, (a) neither Trustor nor <br />any tenant, contractor, agent or other authorized user of the Property shall use, generate, 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 />federal, state, and local laws, regulations and ordinances, including without limitation all Environmental Laws. Trustor authorizes Lender and <br />