~~
<br />~~
<br />^.~
<br />
<br />rn
<br />
<br />~
<br />e ~
<br />~ _
<br />~ `
<br />7"C _
<br />~ ~
<br />~ ~~
<br />~~
<br />~~
<br />~^
<br />n z
<br />~
<br />
<br /> rr, ~ t rn
<br />~ N
<br /> ~. 7 -
<br />-I
<br /> ~~
<br />~~
<br />~ c~> ~
<br />Q
<br /> ~~
<br />,~, ~ F--+
<br />"
<br />~ C/?
<br />F,,,,
<br /> ~~
<br />" CJ
<br />] ~
<br />R Z
<br />C.7 C/]
<br /> ~ ~
<br />1
<br /> r° ~
<br />r`-
<br />C
<br /> Cn p..
<br /> ~ ~
<br />
<br /> ~ ~~ ~.
<br /> y
<br />
<br />/PEtF.rVV'.• J~4Ali~
<br />WHEN RECORDED MAIL TO:
<br />Fiva Points Bank
<br />Wast Branch ~Q. ~~
<br />2009 N. Diers Ave.
<br />Grand Island, NE 6$$03 FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated August 9, 20'10, among LETT W BREWER and HELEN A BREWER; Husband
<br />and Wife ("Trustor"); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., 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").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for #ha 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 lincluding 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") located In HALL
<br />County, State of Nebraska:
<br />Lot Ten (10) in Block Nine 191, in Clarkson's First Addition to the Village of Alda, Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 202 N VINE ST, ALDA , NE 68810-0054.
<br />Trustor presently assigns to Lender (also knpwn 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 (AI PAYMENT OF THE INDEBTEDNESS AND (BI 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 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 pf an Event of Default, Trustor may (1) remain in possession and control of the Property;
<br />121 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 buying the period of Trustor's ownership
<br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release pr threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; 12- Trustor has no knowledge nf, 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, Ib) 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 Prpperty, or Ic) any actual or
<br />threatened litigation or claims of any kind by any person relating to such matters; and 13) Except as previously disclosed to and
<br />acknowledged by Lender in writing, lal neither Trustor nor any tenant, contractor, agent or other authorized user of the Property
<br />shall use, generate, manufacture, stare, treat, dispose of or release any Hazardous Substance on, under, about or from the Property;
<br />
|