~~
<br />~~
<br />~~
<br />~r>,
<br />r>#~ ;~"
<br />N ~
<br />m ~`
<br />~ ~
<br />.y ~"'~
<br />~ ~
<br />.A ~~
<br />~~
<br />.r~~
<br />fir,
<br />.~~
<br />~, i., .. at J' 1` ..
<br />n
<br />rrt
<br />f'1
<br />rn
<br />n c
<br />a
<br />N
<br />_~~
<br />n z
<br />~i
<br />iia
<br />:~
<br />c~ ~~
<br />a ~~
<br />Q
<br />rn
<br />r~n
<br />:n
<br />~~
<br />~ -~
<br />c~ c n
<br />~ ~ ~
<br />--i ~ m
<br />w[
<br />w
<br />"`O
<br />Ca
<br />r„~
<br />0
<br />a "'n
<br />~ m
<br />~.. a~
<br />r~-
<br />C Tr
<br />cry
<br />x
<br />n
<br />cn
<br />c~
<br />N
<br />C:7
<br />C1?
<br />CJ
<br />-~]
<br />CL7
<br />..c
<br />1-+
<br />m
<br />
<br />C~/]~.
<br />Z
<br />C
<br />;~
<br />m
<br />z
<br />a
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />rand 1 n NE FOR RECORDER'S USE ONLY
<br />FivE Po~nrrs B~WK
<br />DEED OF TRUST
<br />~.
<br />THIS DEED OF TRUST is dated October 1, 2009, among DENNIS W BRUNS and ANN E BRUNS; HUSBAND
<br />AND 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 />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 7rustor'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 stack in utilities with ditch or irrigation rightsl; 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") IOCated In HALL
<br />County, State of Nebraska:
<br />Lat Two 121, Bruns Subdivision in the City of Grand Island, Hall County, Nebraska
<br />The Real Property or its address is commonly known as 1303 GEDDES ST, GRAND ISLAND, NE 68801.
<br />CROSS-COLLATERALIZATIQN. In addition to the Nots, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct ar indirect, determined or undetermined, absolute ar contingent, liquidated or unliquidated, whether Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be ar hereafter may become otherwise unenforceable.
<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 />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE IA1 PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. TWIS 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 />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 />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property;
<br />121 use, operate or manage the Property; and (3) collect the Rents from the Property.
<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 />Compliance With Envirpnmental Laws. Trustor represents and warrants to Lender that: 111 During the period of Trustor's ownership
<br />
|