|
<br />
<br />;u
<br />m
<br />'"TI
<br />c:
<br />('\ Z
<br />:I: no
<br />m::r>!{>
<br />()(/)
<br />~::J:
<br />
<br />
<br />
<br />-:":1 .:-"-..
<br />rn r....
<br />~), . ",..
<br />CO "~
<br />~.-r'1
<br />
<br />:3
<br />::n
<br />--c
<br />
<br />0 (f) C> I
<br />0 ......;
<br />C J> N
<br />z ...-j
<br />-i rT1 c:'l
<br />-.< c.
<br />C.) -'1 c:'l ~
<br />'1 ::;:~ -...J
<br />~.r: (':"1 -
<br />;,.)10 ::.n C) ~
<br />,- ',-,,)
<br />r- 100- -C
<br /> en G..)
<br /> ^ i
<br /> l::.~ G..)
<br />---- ----
<br />(j) ...........
<br />(j) :z
<br /> n
<br />
<br />I'\.)
<br />Gl
<br />Gl
<br />-.....J
<br />Gl
<br />.j::>.
<br />eN
<br />eN
<br />......
<br />
<br />r"-)
<br />CD
<br />
<br />.,!:
<br />lh
<br />U\
<br />
<br />r~l
<br />(""j
<br />(/1
<br />
<br />~.
<br />ij
<br />~
<br />1--.
<br />
<br />::D
<br />::3
<br />
<br />f.---Jo
<br />f--'
<br />
<br />t;"}
<br />
<br />i'\
<br />(...
<br />
<br />r"-.)
<br />(\)
<br />
<br />!?i.fbw-: tl'ndlt. .1> .
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank f1I8~ /..$"07
<br />"Your Hometown Bank"
<br />2015 N. Broadwell
<br />P.O. Box 1507
<br />Grand Island, NE 68802-1507
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST is dated May 17, 2007, among FRED A BOSSElMAN AND CHARLES 0 BOSSELMAN,
<br />NOT PERSONALLY BUT AS CO.PERSONAL REPRESENTATIVES ON BEHALF OF THE FRED H BOSSELMAN
<br />ESTATE ("Trustor"); Five Points Bank, whose address is "Your Hometown Bank", 2015 N. Broadwell, P.O.
<br />Box 1507, Grand Island, NE 68802-1507 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and FIVE POINTS BANK, whose address is POBOX 1507, GRAND ISLAND, NE 68802
<br />(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 ot.her 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 ONE (1), BLOCK THREE (3), REPLAT OF RIVERSIDE ACRES, AN ADDITION THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The Real Property or its address is commonly known as 2717 COTTONWOOD RD, GRAND ISLAND, NE
<br />68801.
<br />
<br />CROSS-COllATERALlZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to lender, or anyone or more of them, as well as all claims by lender against Trustor or anyone or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Trustor
<br />may be liable individuaily or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may become otherwise unenforceable.
<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 />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 tenantable condition and promptly perform all repairs, replacements, and
<br />
|