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.~ ~ <br /> <br />~„' C~ <br />~ q' <br /> <br /> ~~ <br />•"' <br />rllrrl~ <br />N <br />~ ~~ <br />~ ~^ <br /> <br /> <br />~y <br />P+'~ <br />i°~r <br />~~ ~ <br /> <br /> _~ ~ m <br /> <br /> <br />© <br />r~., <br />~ ~ -~ <br />c n C7 <br /> N ~` <br /> C/! <br />T C7 <br />~ ~ ~ C..O <br /> . <br />r ~ C7 '>1 ~~ <br /> ~ ~+ ~ ~~ <br /> CJ <br />fT"I <br />f77 <br />~~ <br /> <br />~ ~ f r1 <br />~ ~ <br /> a ~ n rv C <br /> <br /> <br /> w A I--- <br /> C.C~ ~ aD <br /> <br />WHEN RECORDED MAIL TO: <br />Five Paints Bank <br />West Branch <br />2009 N. Diers Ave. <br />..Grand Island NE 68803 ,, „^ FOR RECORDER'S USE QNLY <br />FIVE MINTS B~WK -~- <br /> <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated March 26, 2010, among JERRY D SINNER AND TERESA M SINNER, <br />HUSBAND AND WIFE, and EUGENE P BUETTNER, AN UNREMARRIED WIDOWER ("Trustor"); Five Points <br />Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below <br />sometimes as "Lender"' and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box <br />9507, 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 pf 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 pr irrigatipn 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") located in HALL <br />County, State of Nebraska: <br />The West half (W1/2) of Lot Nine 19) in Frank P. Bark's Subdivision in the Ci#y of Grand Island, Hall <br />County, Nebraska EXCEPT the South Thirty-three 1331 feet thereof vacated by the City of Grand Island filed <br />April 24, 1974 in Book 26, Page 503. <br />The Real Property or its address is commonly known as 1822E 7TH ST, GRAND ISLAND, NE 68801-3012. <br />The Real Property tax identification number is 400014858. <br />Truster 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 />TWIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND TWE SECURITY INTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS 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 amounts secured by <br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all pf Trustor's obligations under the Note, this <br />Deed of Trust, and the Related Documents. <br />POSSES510N 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 />12- 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 tp Lender that: (1) During the period of Trustor's ownership <br />of the Property, there has bean 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) Truster has np knowledge of, or reason tp believe <br />that there has been, except as previously disclpsed to and acknpwledged by Lender in writing, la1 any breach or violation of any <br />