|
arrr.....
<br />IV ~
<br />~ ....-
<br />~ ..~^
<br />v, ~
<br />.....~.^
<br />WHEN RECORDED MAIL TO:
<br />
<br /> _ ~'~ ~" ~ S~ r~
<br />~ f~
<br />~ ~ ~~ ~ ~ (-r, c~ m
<br />_ - -~ ~
<br />~ a
<br />~~~ ~~ .
<br />~~ ~
<br />
<br /> m ~ ~, ~~
<br />-' ~
<br /> ~ ~
<br />r
<br />
<br />
<br />
<br />
<br /> ~ ~ cry ~
<br /> O
<br />Five Points Bank ,'[[,~y ~'~
<br />North Branch ry!!~ • '~
<br />2015 North Broadwell
<br />Grand Island, NE 68$03 FOR RECORDER'S USE ONLY
<br />F-VE POINTS B~4WK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time S6,155.50.
<br />THIS DEED OF TRUST is dated November 5, 2009, among R TODD WIESE and AMY L WIESE, HUSBAND AND
<br />WIFE ("Trustor"); Five Points Bank, whose address is North Branch, 2015 North Broadwell, 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"1.
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trus#ee 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 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, Ithe "Real Property") located in HALL
<br />County, State of Nebraska:
<br />LOT THREI: (3) IN BLOCK TWO (2) IN WESTERHOFF'S SECOND SUBDIVISION, TO THE CITY OF GRAND
<br />ISLAND, MALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 3008 W 17TH ST, GRAND ISLAND, NE
<br />68803-3522.
<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 IAl PAYMENT OF THE INDEBTEDNESS AND ~B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND TWIS 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 />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 111 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 />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: 111 During the period of Trustor's ownership
<br />of the Property, there has been ne 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; 121 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, lal any breach or violation of any
<br />
|