|
~_
<br />~~
<br />...r,~
<br />~ ,.^~
<br />c37 ~
<br />..a ~....
<br />~,.
<br />~~
<br />~~
<br />
<br /> ~
<br /> c ~ ~~
<br />
<br />ray n N °
<br />~
<br />~ ~
<br />= ~
<br /> a ""~J
<br /> r7t
<br /> c~
<br />
<br />rv
<br />~ ~~
<br />-~~,
<br />~ ~~
<br />C-" ^-d
<br />~„ ~ rn
<br />~ ~
<br />cn
<br />"L.7
<br />ra
<br />-.a
<br />c~ "~"t
<br />-'~ ~
<br />z m
<br />~. cry
<br />r~- ~
<br />r ~.
<br />u>
<br />x
<br />a
<br />~...._
<br />F---~
<br />C~
<br />C7 a
<br />m
<br />m
<br />rl"1
<br />C7
<br />A
<br />CJ~
<br />Z
<br />C
<br />m
<br />z
<br />-~
<br />z
<br />%[~E~E~~J' ~'/9TNY
<br />WHEN RECORDED MA L TO:
<br />Five Points Bank P~, 4~x ~slr ~
<br />West Branch ~D ~(~
<br />20p9 N. Diers Ave.
<br />Grand Island NE 6$$03 ~°~'p0 Z FOR RECORDER'S USE ONLY
<br />FIVE PO-NTS BANK
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated June 2$, 2090, among VALERIE J JENSEN, A SINGLE WOMAN, AND WESLEY
<br />J SANDO.UIST, A SINGLE MAN ("Trustor"); Five Points Bank, whose address is West Branch, 2009 N. Diers
<br />Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary");
<br />and Five Points Bank, whose address is P.O Box 9 507, Grand Island, NE 68802-9 507 (referred to below as
<br />"Trustee"1.
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor cpnvays 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 relating to the real
<br />property, including without limitaticn all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br />County, State of Nebraska:
<br />Lot Eleven (11), Capital Heights Sixth Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 2830 INDEPENDENCE AVE, GRAND ISLAND, NE
<br />68803-9 044.
<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 (A) PAYMENT OF THE INDEBTEDNESS AND IBl_ 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: la- this Deed of Trust is executed at Borrower's request and
<br />not at the request of Lander; Ib) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />Property; Icl the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument
<br />binding upon Trustor and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; Id- Trustor has
<br />established adequate means of obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e)
<br />Lender has made nn representation to Trustor about Borrower (including without limitation the creditworthiness of 8orrower-,
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other
<br />law which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise
<br />entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by
<br />exercise of a power of sale.
<br />PAYMENt AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay to Lender all Indebtedness
<br />secured by this bead of Trust as it becomes due, and Borrower and Trustor shall perform all their respective obligations under the Note,
<br />this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's possession and use of
<br />the Property shall be governed by the fallowing provisions:
<br />
|