|
<br /> 10 n ~ ~
<br /> m :J: :"".,;;J>
<br /> C! c:'~ .). 0 u'
<br /> m VI 1':".::':":',:> C>
<br /> n :2: --.;> C) -~ ~
<br />(') z c:::: J:>
<br />E 0 ,,, Cl -.. -.j N
<br />:c ::~" ~\.' r-T1 .... m
<br />m !-!' rT'l CJ -4 C=> ~
<br />n (.J , -< (~
<br />"C: :x:: (~) -:.... \~.:: I--' c> -q C) -
<br /> \ -..J "'1 :J
<br /> "1:1 ..>," -..J
<br /> .'. r ~
<br /> \.;',;:J ::,~.:,~::.~ "1
<br /> r"t"l U ):,0)10 LTJ ..........
<br /> r"r, t ~ :::3 I'" :'.J
<br /> . i
<br /> r~,-' (' r-- ):,~ q
<br /> (I) ,. (;l
<br /> (I .......... 7<: .....c
<br /> \' l> -..J
<br /> C......l '-" "-" l' ~
<br /> .......... (J) I"'V
<br /> (J) "
<br />
<br />
<br />N
<br /><9
<br /><9
<br />--.J
<br />-"
<br /><9
<br />.f;:o.
<br />--.J
<br />N
<br />
<br />/1.d- En-v....
<br />WHEN RECORDED MAil TO:
<br />Shelter Financial Bank
<br />1817 West Broadway
<br />Columbia. MO 65218
<br />
<br />DEED OF TRUST
<br />
<br />FOR RECORDER'S USE ONLY
<br />, CO
<br /><'I 5.-'
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $48,000.00.
<br />
<br />THIS DEED OF TRUST is dated November 21, 2007, among Hoos Insurance Agency, Inc; a Nebraska
<br />corporation ("Trustor"); Shelter Financial Bank, whose address is 1817 West Broadway, Columbia, MO 65218
<br />(referred to below sometimes as "lender" and sometimes as "Beneficiary"); and Shelter Financial Bank, whose
<br />address is 1817 West Broadway, Columbia, MO 65218 (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 />subsequontly 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 />A tract of land comprising all of lot Four (4), lying West of and adjacent to the westerly right of way line of
<br />locust Street, Block Ninety Seven (97). RAilROAD ADDITION in the City of Grand Island, Hall County,
<br />Nebraska, together with the vacated southerly Twelve (12.0) Feet of Division Street (Ordinance No. 3713)
<br />lying north of and adjacent to said lot Four (4)
<br />
<br />The Real Property or its address is commonly known as 204 S locust St, Grand Island, NE 68801-6041.
<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 IA) PAYMENT OF THE INDEBTEDNESS AND IB) 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 />maintenance necessary to preserve its value.
<br />
<br />Compliance With Environmental Laws. Trustor represents and warra-nts 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 />Hazardous Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of. or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, la) any breach or violation of any
<br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or
<br />threatened litigation or claims of any kind by any person relati"g to such matters; and (3) Except as previously disclosed to and
<br />
|