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200601283
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Last modified
2/14/2006 12:59:55 PM
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2/14/2006 12:59:55 PM
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DEEDS
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200601283
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<br /> <br /> ;v 00 <br /> m <br /> ." ffi~ <br /> c: r...... <br />I\.) n z n:r t':..::;:~ ("") U1 <br /> c::::;, <br />is Z ~ 0 7\ ~t. => 0 ~ <br />is rn !{' -,-\ c: 1> <br />m :z: --1 <br />is n (I) ~~' r-n ~ fT1 <br />,.,. X ~ - ~\: CO <br />..... -< 0 <br />I\.) I---" 0 "'"Tl <br />CO ...J: "'"Tl <br />W "T1 z <br /> )>.+ ::r:: 111 <br /> <;;) t <br /> ,.,., :D :t>- cn <br /> ,.,., ::3 r :;u <br /> <;;) r 1> <br /> C/l I---" Ul <br /> c::> ;::><;: <br /> 1> <br /> Ul --- '-" <br /> CD (I) <br /> (f) <br /> <br /> <br /> <br />200601283 <br /> <br />WHEN RECORDED MAIL TO: RdtJw-',Ka:1ul <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grend Island. NE 68803 <br /> <br />FOR RECORDER'S USE ONLY <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is dated February 8. 2006. among JEFFREY A HERBER and V ALARIE A HERBER; <br />HUSBAND AND WIFE ("Trustor"); Five Points Bank. whose address is West Branch. 2009 N. Diers Ave.. <br />Grand Island. NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five <br />Points Bank. 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 />Part of the Northwest Quarter of the Northwest Quarter (NW1/4NW1/4)of Section Thirteen(13l.Township <br />Nine(9)North.Range Twelve(12)West of the 6th P.M..Hall County.Nebraska.more particularly described as <br />follows:Beginning at the Northeast (NE)corner of the Northwest Quarter of the Northwest Quarter <br />(NW1/4NW1/4)of Section Thirteen(13l.Township Nine(9)North.Range Twelve(12)West of the 6th P.M..Hall <br /> <br />County.Nebraska;thence running Westerly on the North line of the Northwest Quarter of the Northwest <br />Quarter(NW1/4NW1/4)of Section Thirteen( 13)a distance of Five Hundred Fifty(550)feet to the actual point <br />of beginning;thence running Southerly Three Hundred Thirty(330)feet thence running Westerly Three <br />Hundred Thirty(330)feet;thence running Northerly Three Hundred Thirty(330)feet;thence running Easterly <br />Three Hundred Thirty(330)feet to the point of beginning. <br /> <br />The Real Property or its address is commonly known as 14869 W BINFIELD RD. WOOD RIVER. NE <br />68883-9321. The Real Property tax identification number is 400227304. <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 (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 />PA YMENT 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 />c::d~;l <br />~S' <br />c::>[ <br />~~ <br />c::>S <br />en <br />I---"g <br />~~ <br /> <br />W~ <br />Z <br />c <br /> <br />~S.5o <br />
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