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<br />f<L\- SY\>'\t". T A- N \6 <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island. NE 68803 <br /> <br /> g <:'> en ", <br /> n~ ~ c.ro 0-1 0 fa- <br /> 10 Z c:: ~ ~ <br /> 111 'X (I) ~ ~~ = ;z-l ~ <br /> 1'1 ~:I: c::: -I1"Tl 0 <br /> c: ~~- -<0 <br /> Z "" ~ o ." 0 G;- <br />nnC .." 0> ." - <br />~>~ ~ ~ ..... U1 <br /> ::c rn S- <br />()(/) ~ t ::0 1> CD ~ <br />,..;:1: :::3 r ;:0 g <br /> r 1>- ........ <br /> ~ (f> <br /> <::) ;:>0:: N 3 <br /> l> <br /> ........ -- CD ~ <br /> CD (J') ~ <br /> en ~ <br /> 200511297 <br /> FOR RECORDER'S USE ONLY <br />DEED OF TRUST .yO 56 <br /> <br />I'V <br />S <br />S <br />C.J1 <br />......... <br />......... <br />I'V <br /><.0 <br />""'-J <br /> <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $25,000.00. <br /> <br />THIS DEED OF TRUST is dated November 9, 2005, among JOHN J LANTZ and DEBRA J LANTZ, HUSBAND <br />AND WIFE ("Trustor"); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE <br />68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, <br />whose address is P.O Box 1507, Grand Island, NE 68802-1507 (referred to below as "Trustee"). <br /> <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 /> <br />LOT TWENTY-TWO (22), KENTISH HILLS SUBDIVISION, LOCATED IN THE SOUTH HALF OF THE <br />NORTHWEST QUARTER OF THE SOUTHWEST QUARTER (S1/2 NW1/4 SW1/4) OF SECTION <br />TWENTY-FIVE (25), TOWNSHIP ELEVEN (11) NORTH. RANGE TEN (10), WEST OF THE 6TH P.M., HALL <br />COUNTY, NEBRASKA <br /> <br />The Real Property or its address is commonly known as 3020 AVON AVE, GRAND ISLAND, NE 68803-6016. <br /> <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor whether or not the <br />advances are made pursuant to a commitment. Specifically. without limitation. this Deed of Trust secures. in addition to the amounts <br />specified in the Note. 'll! future amounts Lender in its disr:retion may loan to Trustor. tOQether with all interest thereon; however. in no <br />event shall such future advunces (excluding interest) exceed in the aggregate $25,000.00. <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 <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 /> <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 (AI PAYMENT OF THE INDEBTEDNESS AND (BI 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, 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 Note. this <br />Deed of Trust. 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 <br />governed 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; <br />(2) 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 <br />maintenance necessary to preserve its value. <br /> <br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (11 During the period of Trustor's ownership <br />of the Property, there has been no use, generation, manufacture, storage, treatment. disposal, release or threatened release of any <br />