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<br />RETURN TO
<br />DRI Title & Escrow
<br />2720 I Street, Suite 100
<br />Omaha, NE 6i)~~D OF TRUST
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />WFltt~ IU:08RIilEi1-JlAIl? TO:
<br />-,~"-.,"...--
<br />
<br />11!4i.
<br />
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<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $46,000.00.
<br />
<br />THIS DEED OF TRUST is dated January 11, 2007, among MARSHA R BARTLETT and DAVID E BARTLETT; as
<br />Wife and Husband ("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 />
<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 tixtures;all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utilities with ditch or irril'iation 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 FOLLOWING DESCRIBED REAL PROPERTY IN HALL COUNTY, NEBRASKA:
<br />
<br />LOT TWO (2), SUSSEX PLACE THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />
<br />NEBRASKA.
<br />
<br />SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENT, COVENANTS, OIL, GAS OR MINERAL
<br />
<br />RIGHTS OF RECORD, IF ANY.
<br />
<br />The Real Property or its address is commonly known as 4049 CANNON RD, GRAND ISLAND, NE 68803.
<br />
<br />The Real Property tax identification number is 400355329.
<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 />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: I I; . ~';J"" "d ,
<br />
<br />Possession and Use. Until the occurrence of an Event of DefatittnT~ustor may (11 remain in possession and control of the Property;
<br />(2) use, operate or manage the Property; and (3) collect the Het\ts' fro'm 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: (1) 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 />
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