|
t; "..
<br />fV ~ = p
<br />~ ~ N
<br />m - rn N,
<br />~e =
<br />W
<br />C,T1
<br />~~
<br />~~
<br />~ww
<br />~~
<br />,r, ~„
<br /> a
<br /> -~
<br />
<br />
<br />
<br /> ~`
<br />~
<br />~ ~ ~, a
<br />cn
<br /> Q
<br />
<br /> rn -~ A ct7 G;5 ~
<br /> f*~ ~
<br />~ r-- ~
<br />'"
<br />C>Q
<br /> o r
<br />n ~
<br /> U7
<br />F"' CJ7
<br />~ ~~
<br /> m
<br /> a w ~
<br />
<br /> I-' ~ cn
<br /> ~" O
<br />WHEN RECORDED MAR 70:
<br />Five Points Bank ~D ,~dJG ~$~
<br />West Branch
<br />2009 N. Piers Ave.
<br />Grand Island. NE ®8'730'3" (v ~~Q ~ FOR RECORDER'S USE ONLY
<br />FII/E AOINT~ ~AANK
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated October 22, 2009, among NORMAN R KROLIKOWSKI and SANDRA M
<br />KROLIKOWSKI, f/k/a SANDRA M JORGENSEN; HUSBAND AND WIFE ("Trustor"1; Five Paints Bank, whose
<br />address is West Branch, 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below sometimes as
<br />"Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand
<br />Island, NE 68802-1507 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. Fqr 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 relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") IOCated in WALL
<br />County, State of Nebraska:
<br />Lot One 11), Mieth Second Subdivision, Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 4706 N CAMERON RD, CAIRO, NE 68824-9554.
<br />The Real Property tax identification number is 400367084.
<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 A551GNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN t0 SECURE IAI PAYMENT OF THE INDEBTEDNESS AND IB! PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER TWE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED pF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise prgvided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by
<br />this heed 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 />peed 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 fallowing provisipns:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may 11- remain in possession and control of the Property;
<br />12- use, operate or manage the Property; and 13- 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: 11) 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; 12) Trustor has no knowledge of, or reasgn 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, Ib- any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance qn, under, about or from the Property by any prior owners or occupants of the Property, or Icl any actual or
<br />
|