|
<br />
<br />10
<br />m
<br />-n
<br />c:
<br />Z
<br />.....~
<br />
<br />.,
<br />
<br />
<br /> ~
<br /> CIl
<br /> :c r'~ ~
<br /> c~ 0 (j)
<br /> <:::':l> ~[
<br /> -.,;i,~ ~ 0 --I
<br /> r" -- c: l>
<br /> ::u ~ '. ~ z: -j
<br /> c:: -j rn
<br /> /'T1 "\- (7) 0
<br /> C) t....~'.... -< 0 c::>'~
<br />U\ o<"'~ c...v 0 ...,
<br /> """T1 c:::> '1 z: -
<br />ct) lO:l ti I fl'l ~~
<br /> r" r ::0 l> cu
<br /> r'1 ::3 r :::u
<br /> 0 r l> -.J
<br /> (J) I--" (n ~i
<br /> t-> ;><;
<br /> :t>-
<br /> O -..-."--,,
<br /> CO (n UlI~
<br /> (n
<br />
<br />n
<br />..~ .~.
<br />~:c
<br />
<br />1'0
<br />S
<br />S
<br />--..J
<br />S
<br />--..J
<br />.j::::..
<br />.j::::..
<br />CJ1
<br />
<br />WHE~'~~~~t~O:
<br />
<br />Five Points Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />Grand Island. NE 68803
<br />
<br />/f{). $iJ
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />THIS DEED OF TRUST is dated August 24, 2007. among BECKI J KEESHAN, FIIK/A, BECKI J HAlTE, A
<br />
<br />MARRIED PERSON, AND JASON D KEESHAN. HER HUSBAND ("Trustor"); Five Points Bank, whose address is
<br />
<br />West Branch, 2009 N. Diers Ave.. Grand Island. NE 68803 (referred to below sometimes as "lender" and
<br />
<br />sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand Island. NE
<br />
<br />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 />
<br />County, State of Nebraska:
<br />
<br />lot Six (6). Block Two (2), Woodland Park First Subdivision. in the City of Grand Island, Hall County,
<br />
<br />Nebraska.
<br />
<br />The Real Property or its address is commonly known as 4164 TEXAS AVE, GRAND ISLAND, NE
<br />
<br />68803-1054. The Real Property tax identification number is 400423790.
<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 />PA YMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay to Lender all Indebtedness
<br />secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall perform all their respective obligations under the Note,
<br />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 />
|