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<br />Q~ <br />m en <br />n::J: <br />".. <br /> <br />::3 <br />.:::0 <br />::;Q <br /> <br />ai <br />c: <br />n Z <br />~~~ <br />~x <br /> <br />CJ"1 <br /> <br />~ <br />c:.::. <br /><::::>0 <br />CoO <br /> <br />~$ <br />~r <br /> <br />t-a <br />CD <br /> <br />. , <br />. ~ <br /> <br />J\.) <br />s <br />S <br /><0 <br />S <br />->. <br />en <br />J\.) <br />0:> <br /> <br />-0 <br />::3 <br /> <br />~ <br /> <br />t-a <br /> <br />RetrYc\J: LYl,.}.t p-. <br />WHEN RECORDED MAIL TO: <br />Five Points Bank PD EO''' /501 <br />South Branch )'- <br />3111 W. Stolley Pk. Rd. <br />Grand Island, NE 688Q+ &-~'80 2- <br /> <br />o (f) <br />0-.; <br />c:: l> <br />Z-.; <br />-ifT1 <br />-<0 <br />o ""T1 <br />""T1z <br />:I: I'T1 <br />>- tD <br />r :;:0 <br />r- >- <br />(f) <br />;::><; <br />>- <br />-........ <br /> <br />'" <br />en <br /> <br />c::J <br />I'.) <br />C) <br />o <br />C.D <br />C> <br />t-a <br />0') <br />N <br />ex) <br /> <br />m <br />~ <br />:JJ <br />m <br />o <br />)> <br />en <br />Z <br />en <br />it <br />c: <br />s: <br />m <br />~ <br />:z <br />o <br /> <br />I/o" S- 0 <br /> <br />FOR RECORDER'S USE ONLY <br /> <br />FIVE PoINTS BANK <br /> <br />DEED OF TRUST <br /> <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $35,000.00. <br /> <br />THIS DEED OF TRUST is dated February 25, 2009, among DAVID W SWIFT and CATHERINE J SWIFT; <br />HUSBAND AND WIFE ("Trustor"); Five Points Bank, whose address is South Branch, 3111 W. Stolley Pk, Rd., <br />Grand Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five <br />Points Bank, whose address is P.O Box 1507, Grand Island, NE 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 relatin~ 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 TWELVE (12), MORNINGSIDE ACRES SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br /> <br />The Real Property or its address is commonly known as 2709 RIVERVIEW DR, GRAND ISLAND, NE <br />68801-7468. <br /> <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by lender to Trustor whether or not the <br />advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts <br />specified in the Note, all future amounts lender in its discretion may loan to Trustor, together with all interest thereon; however, in no <br />event shall such future advances (excluding interest) exceed in the aggregate $35,000.00. <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 />P055ession 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 />maintenance necessary to preserve its value. <br />