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-~ <br />~ <br />~ m <br />.~..~ ~; _ ~ ~ ~ d ~ <br /> <br />~ <br />~ <br />~ = .. <br />r~~ <br />~~ <br />~ -~-d <br />N r <br />r <br />~ <br /> ~ ~ ~ <br />~~~ <br />Pi ~ wJ ~ <br />~- <br />W ~ ~ <br /> ~ ~r ~ <br />~ ~^ <br />IV <br />~ ~] ~~ <br />w ~ rTl V <br />~wi.~ m ~ <br />~ -~ A CZ7 ~ '--I <br />= T 1 ~ ~ ~ y r'~ ~ <br />C <br /> <br /> <br /> <br /> C1"1 cn "~, Z <br />..~ ~" O <br />WHEN RECORDED MAIL TO: <br />Flve Points Bank RD ~Sj~ /SD '7 <br />West Branch ~~ ~ ~ ~ <br />2009 N, piers Ave. G ~'~~' <br />Grand Island, NE 6$$03 FOR RECORpER'S USE ONLY <br />FIVE POINTS BAIVK <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated March 26, 2010, among KARLA J SEXTRO; A SINGLE PERSON ("Trustor"); <br />Five Pain#s Bank, whose address is West Branah, 2009 N. Diers Ave., Grand Island, NE 68803 (referred to <br />below sometimes as "Lender" and sometimes as "Beneficiary"1; and Five Points Bank, whose address is P.O <br />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 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 relatin to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") IOCate~ In MALL <br />County, State of Nebraska: <br />Lot twenty-Two (22), in Block One (11, in Meves First Addition to the City of Grand Island, Hall County, <br />Nebraska. <br />The Real Property or its address is commonly known as 956 MAC ARTHUR AVE, GRAND ISLAND, NE <br />B8$01. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of TrustCr'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 (Al PAYMENT OF THE IND'EB~DNESS 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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all ampunts 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 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: 11) buying the period of Trustor's ownership <br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, relsass 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, la) any breach or 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 (c) any actual or <br />