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<br />WHEN REC�RDED MAIL TO:
<br />Five Points Bank � � � �
<br />West �ranch �'V �d'u �S� �
<br />2009 M. Diers Ave. ��
<br />Grand Island NE 6$$03 � FOR RECORDER'S USE ONLY
<br />FivE Porn►rs �an►K
<br />DEED OF TRUST
<br />THIS D��D OF TRUST is dated October 13, 2010, among HERBER7 W HEUSEL JR and CHRISTENE D HEUSEL;
<br />Husband and Wife ("Trustor"); Five Points Bank, whose address is West Branch, 20p9 N. Diers Ave., Grand
<br />Island, N� 6$$03 (referred to below sometimes as "Lender" and sometimes as '"Baneficiary"); and Five Points
<br />Bank, whase address is P.O Box 7 507, Grand Island, NE 68802-9 507 Ueferred to below as "Trustee"1.
<br />CpNVEYANCE AND (3FtAN7". For valuable consideration, Trustor conveys to Twustee in trust, WITH PpWER QF SAL�, for the benefit of
<br />Lender as Beneficiary, aIi 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 irrigatipn 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, (thB "Re�l Property") IoCated in HALL
<br />County, State of Nebraska:
<br />The Easterly Half (E9/2) of Lot Sixteen (16) and the Westerly 7hree Fourths (W314) of Lot Seventeen (17),
<br />in Block Nine (9►, in Parkhill Third Subdivision, an Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />The Real Property or its address is commonly known as 2474 W OKLAHOMA AVE, GRAND ISLAND, NE
<br />88803-6�07.
<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 ati 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 REN7S AND THE 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 OBLIGATIQNS
<br />UNDER THE NQTE, TME RELATEb DOCUMENT5, AND THIS DEED OF TRUST. THIS DEEd OF TRUST IS GIVEN AND ACCEPTEP 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 />PQSSESSION AND MpINTENANC� OP 7HE PR�PERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed by the fqllowing 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 />(2) 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. Trustar rapresents and warrants to Lender that: (1) During the period of Trustor's ownership
<br />of the Property, there has been no use, generation, menufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; (2) Trustor has no knowledge of, or reason to believe
<br />that there has 6een, except as previously disclosed to and acknowledged 6y Lender in writing, (a) any 6reach or violation of any
<br />Environmental Laws, (b) any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
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