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<br /> C~ <br /> ~~ <br />rr^~aa I~ <br /> <br />~ ~ rt'1 ' Z 7C ~"~ ~=-.-. ~ ~ rV ~ <br /> C <br />1 ~~ ~ <br />N ~ n ~N ~; <br />~ Q-~ ~ c; <br />~ ~~ r^ ~ _ -~, rv ~, <br />w ~ <br />' <br />~ <br />° <br />'^ <br />~ r ~' ~ <br />~ <br />~ ~ <br />9 <br />~ <br />y r* <br />r <br />~ V ~ ~ <br />"" C~ <br />~r , r 3 f <br />~ <br />~ ~ ~ `~' ~~ ~ fV ~ <br />~~ ~ N ~. `. C.C~ '~"' <br /> ~ ~ ~ <br /> <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Gr nd Island NE 68 F R RECORDER'S U E ONLY <br />FIVE IQQINTSBANK -~ <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated May 29, 2009, among ELIZABETH A WILLIAMS, A SINGLE PERSON <br />("Trustor"1; Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE 68$03 <br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"-; and Five Points Bank, whose <br />address is P.O Box 1507, Grand Island, NE 68802-1507 (referred to below as "Trustee"1. <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benaHt 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 rightsl; and all other rights, royalties, and profits relating to the real <br />property, including without limitation ail minerals, oil, gas, geothermal and similar matters, (the "Real Property") located In HALL <br />County, State of Nebraska: <br />Lot Seven (71 in Block Twelve (121 of Schimmer's Addition to the City of Grand Island, Hall County, <br />Nebraska. <br />The Real Property or its address is commonly known as 618 W 14TH ST, GRAND ISLAND, NE 68803. The <br />Real Property tax identification number is 400090422. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead 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 />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND 7HE SECURITY INTEREST IN THE RENTS AND PER50NAL <br />PROPERTY, IS GIVEN TO SECURE (AI 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 />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 />P055ESSION 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 />Possession and Use. Until the occurrence of an Event of Default, Trustor may 11- remain in possession and control of the Property; <br />(2) use, operate or manage the Property; and 131 collect the Rents from the Property. <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 />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: l11 During the period of Trustor's ownership <br />of the Property, there has been na use, generation, manufacture, storage, treatment, disposal, release or threatened release of any <br />Hazardous Substance by any parson on, under, about or from the Property; (2) Trustor has no knowledge af, or reason to believe <br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach ar violation of any <br />Environmental Laws, Ibl 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 Ic1 any actual or <br />