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<br /> <br /> : ! ' (\' <br />N P ~ Qs;? <br />IS> <br />IS> ,.. ~cn <br /><0 Z <br />IS> )t ~E :l'li:% <br />N 0 <br />w 1 ~ <br /><0 ~:J: <br />(J'l <br /> !:l ~ <br /> <br /> <br /> <br /> m <br /> ~ ~ <br /> .g O(n :0 <br />~$ C;O O-j ogJ <br />:n Cl> <br />"""tJ :z: -j N)> <br />;:0 -I I'T1 en <br /> -<0 0- <br /> z <br />..,., t-o o " 051 <br />c::J ~ "z <br />rn ::r tT'1 COc: <br />tT'1 ! -0 l>rn <br />0 :::3 r-;o 0 s: <br />en r-l> ~ <br /> -c en N <br /> ;:0;; W <br /> 0 ;b. ti <br /> <::) -- CO <br /> en <br /> c.n CJ'J <br /> I/D.SO <br /> FOR RECORDER'S USE ONLY <br /> <br />WHEN RECORDED MAil TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island. NE 68803 <br /> <br />FIVE POINTS BANK <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is dated March 31, 2009, among DAVID R WOODS and ERIN B WOODS; Husband and <br />Wife ("Trustor"); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave" Grand Island, NE <br />68803 (referred to below sometimes as "lender" and sometimes as "Beneficiary"); and Five Points Bank, <br />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 riilhts. 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 Four (4) Bishop Heights Third Subdivision, Hall County, Nebraska. <br /> <br />The Real Property or its address is commonly known as 4350 MANCHESTER RD, GRAND ISLAND, NE <br />68803. <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 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 />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, (a) 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 relating to such matters; and (3) Except as previously disclosed to and <br />acknowledged by Lender in writing. (a) neither Trustor nor any tenant, contractor. agent or other authorized user of the Property <br />