|
<br /> ;JO () ()
<br /> m :J: )>
<br /> "T1
<br /> C m (/'l
<br /> Z n :::t
<br /> (') A
<br /> ::t: ~ 0
<br /> m en
<br />N n cn
<br />6l
<br />6l ~ :c
<br />en
<br />6l
<br />->.
<br />en
<br />~
<br />~
<br />
<br />
<br />r'~
<br />C';-~
<br />(:~
<br />C;~
<br />
<br />>~
<br />~ ~\.'
<br />C") ( ,::-
<br />o ..~;\"-
<br />-.,
<br />
<br />
<br />"I
<br />rT1
<br />co
<br />
<br />N
<br />.....c:
<br />
<br />t
<br />
<br />N
<br />N
<br />
<br />CJ
<br />fT1
<br />P"
<br />o
<br />Ul
<br />
<br />-0
<br />::3
<br />
<br />G)
<br />
<br />200601644
<br />
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />Grand Island, NE 68803
<br />
<br />(") Ul
<br /><:) --l
<br />c:)>
<br />z--l
<br />--1m
<br />--<0
<br />0-"
<br />-"::7
<br />:t: rrl
<br />)>lD
<br />r :::u
<br />r p.
<br />(fl
<br />;::><;
<br />)>
<br />
<br />--- '--'
<br />
<br />(fl
<br />(fl
<br />
<br />o
<br />N
<br />o
<br />C>
<br />m
<br />o
<br />t--'
<br />en
<br />J:
<br />-C
<br />
<br />~
<br />fiT
<br />[
<br />rr
<br />::;-
<br />[
<br />~
<br />
<br />rot"
<br />~
<br />r
<br />
<br />$--CL c.
<br />-"'0
<br />FOR RECORDER'S USE ONLY
<br />
<br />:.:-
<br />=
<br />c:'"
<br />>
<br />::.1':
<br />--I
<br />:J''a
<br />Co,
<br />rn
<br />-I
<br />::::::i
<br />V-
<br />...,
<br />en
<br />rr'1I
<br />:::a
<br />:5
<br />C")
<br />rn
<br />en
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST is dated February 22, 2006, among STACI MILLER, AN UNMARRIED WOMAN and
<br />
<br />TYLER C TRENTMAN. AN UNMARRIED MAN ("Trustor"); Five Points Bank, whose address is West Branch,
<br />
<br />2009 N. Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />
<br />"Beneficiary"); and Five Points Bank, whose address is P.O Box 1507. Grand Island, NE 68802-1507 (referred
<br />
<br />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 />
<br />County, State of Nebraska:
<br />
<br />The Southerly Half (S1/2) of Lot Five (5). in Block Forty-eight (48), Russel Wheeler's Addition to the City of
<br />
<br />Grand Island, Hall County, Nebraska, except the Easterly Two (2) feet thereof.
<br />
<br />The Real Property or its address is commonly known as 1113 N CLARK ST, GRAND ISLAND, NE 68801.
<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 (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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at Borrower's request and
<br />not at the request of lender; (b) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />Property; (c) the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument
<br />binding upon Trustor and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Trustor has
<br />established adequate means of obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e)
<br />lender has made no representation to Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other
<br />law which may prevent lender from bringing any action against Trustor, including a claim for deficiency to the extent lender is otherwise
<br />entitled to a claim for deficiency, before or after lender's commencement or completion of any foreclosure action, either judicially or by
<br />exercise of a power of sale.
<br />
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower and Trustor shall pay to lender all
<br />Indebtedness secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall strictly perform all their respective
<br />obligations under the Note, this Deed of Trust, and the Related Documents.
<br />
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's possession and use of
<br />the Property shall be 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 />
|