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<br />WH � r�n�v:
<br />RECORDED MAIL TO:
<br />Sheher Finencial Bank y s. 5 O
<br />7877 West Broadway
<br />Colum , . _ -, _ •• ` ., , .,...__ ,_ USE ONLY
<br />�?i0 MO...BS�#e � S zc�.3 1 9 S FOR RECORDER'S..,...,,.,,..,.__
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time S 10,0OO.OQ.
<br />TH15 DEED OF TRUST is dated October 8, 2010, among Paul J Hoos and Sally A Woos; Huslaand and Wife
<br />("Trustor"►; Shelter Financial Bank, whose address is 7817 Wast Broadway, Columbia, MO 65278 (referred to
<br />below sometimes as "Lender" and sometimes as "Beneficiary"); and Shelter Financial Bank, whose eddress is
<br />1817 Wes# Broadway, Columbia, MO 6527$ (referred to below as "Trustee"1.
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor convays to Trustee in trust, WITH POWER OF SALE, fqr the benafit of
<br />Lendar as Banefici�ry, all of Trustor's right, title, and interest in and to the following described real property, together with all axisting 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 lincludin� stock in utilitiss with ditch or irrigation rightsl; and all other rights, royalties, and profits relating tp the real
<br />property, including without limitstion ett minerels, ail, gas, geothermal.and s�miiar mettera, tt� "R9�{ Prppe�ty"►-{pCated iq-Half-:—.--4�w-.�--.
<br />County, State af Nebraska:
<br />Lot 27 in GRAND WEST FOURTH SUBDIVISION, to the City of Grand Island, Hall County, Nebraska, as
<br />shown by tha recorded plat thereof.
<br />Supject ta a Deed of Trust in favor of Home F�deral Bank dated July 2010 and filed in the Records of Hall
<br />County, Nebraska.
<br />The Real Praperty or its address is commonly known as 4020 Craig Dr, Grand Island, NE 6$803. The Real
<br />Proparty tax identificatian number is 3315-00-0-12237-ppQ-0027.
<br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving line of credit, which
<br />obligstes Lender to make advances tp Trustor so long as Trustor complies with all the terms of the Credit Agreement. Such advances may
<br />be made, repafd, and remade from time to time, subjact to the limitation that the total outstanding 6alance owing at any one time, not
<br />including finance charges on such balance at a fixed or variable rata pr sum as provided in tha Credit Agreement, any temporary overages,
<br />other charees, and any amounts expended or advanced as providad in either the Indebtadneas paragreph or this paregraph, shall not
<br />exceed the Credit Limit as provided in the Credit Agreement. It is the intention pf Trustor snd Lender that this Dead of Trast secures the
<br />balance outstanding under the Credit Agreement from time to #ime from xero up to the Credit Limlt as provided in the Credit Agreement
<br />and any intermediate balance.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead 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 QF TRUST, INCLUDING THE ASSIGNMENT QF RENTS AND TME SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYM�NT OF TH� INpEBTEDNESS AND (B) PERFORMANCE OF EACH OF TRUSTOR'S
<br />AGREEMENTS AND QBLIGATIONS UNDER THE CR�DIT AGREEM�NT, THE RELATED DpCUMENTS, AND THIS DEED QF TRUST. THIS
<br />DE�D OF TRUST IS GIVEN AND ACCEPTED pN THE FQLLQWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise prpvided in this Deed of Trust, Trustor shall pay to Lender all amaunts 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 Credit
<br />Agreement, this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PRQPERTY. Trustor agrees that Trustor's possessinn and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Usa. Until the occurrence of an Event of 17efault, "frustor may (1) remain in possession and control of the f'roperty;
<br />(2) use, aparate or manage the Property; and (3) collect the Rents frnm the Property.
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