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� <br />� <br />N � <br />0 � <br />�� <br />j � <br />0 <br />� <br />� � <br />� <br />�� <br />� <br />�� <br />Rt'N,E�✓ <br />WHEN RECORDED MAIL TO: <br />Five Points Sank � <br />West Branch pQ �� �c,�� <br />2009 N. Diers Ave. <br />�� <br />THIS DEED OF TRUST is dated April 4, <br />("Trustor"); Five Points Bank, whose a <br />(referred to below sometimes as "Len <br />address is P.O Box 1507, Grand Island, <br />CONVEYANCE AND GRANT. For vatuable consi� <br />Lender as Beneficiary, all of Trustor's right, title, <br />subsequently erected or affixed buildings, impro� <br />rights and ditch rights (including stock in utilities � <br />property, including without limitation all minerals, <br />County, State of Nebraska: <br />� <br />C <br />_ � � <br />n N <br />� _ <br />i <br />�� <br />S "�J ._�.+. p ""{ C� <br />z ' _�"i.. Z D t'V <br />A � ;_ r�. " � � rn O <br />r .:. . � � � <br />m � � ' . ►-, � -r, �-► <br />A � �._,._ f,� � z <br />� N � <br />ii� � -D D- t� p .�.�" <br />m � r � r� <br />�, r � N <br />cn �-�I <br />� ��., � x � � <br />A � � <br />yd � � �,.. <br />0 p � tL7 f1'> � <br />Crn Cn � <br />� <br />�'�S <br />DEED OF TRUST <br />�B � <br />011, among JUDY L LOG E and MARK L LOGUE; Husband and Wife <br />Iress is West Branch, 20 9 N. Diers Ave., Grand Istand, NE 68803 <br />�r" and sometimes as "B neficiary"1; and Five Points 8ank, whose <br />E 68802-1507 (referred o below as "Trustee"). <br />ation, Trustor conveys to Trust e in trust, WlTH POWER OF SALE, for the bene�t of <br />�d interest in and to the followi g described real property, together with ali existing or <br />ients and fixtures; all easement , rights of way, and appurtenances; ait water, water <br />h ditch or irrigation rights); and II other rights, royalties, and profits relating to the real <br />I, gas, geothermal and similar atters, (the "Real Property") located in HALL <br />Lot Thirteen (13), in Block Three (3) in Valley View Subdivisio , being part of the North 1103.0 feet of the <br />East Half of the Northeast Quarter ( 1/2NE1/4) of Section Tw nty Two (22), Township Eleven (11) North, <br />Range Nine (9) West of the 6th P.M , Hall County, Nebraska. <br />The Real Property or its address is ommonly known as 10 4 E PHOENIX AVE, GRAND ISLAND, NE <br />6880 1-8 1 56. <br />Trustor presently assigns to Lender (also known s Beneficiary in this Deed of Tru t) all of Trustor's right, title, and interest in and to all <br />present and future leases of the Property and aI Rents from the Property. In ad ition, Trustor grants to Lender a Uniform Commercial <br />Code security interest in the Personal Property an Rents. <br />THIS DEED OF TRUST, INCLUDtNG THE ASSI NMENT OF RENTS AND THE S CURlTY lNTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYME T OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS <br />UNDER THE NOTE, THE REIATED DOCUMENTS, AND THIS DEED OF TRUST. THI DEED OF TRUST IS GtVEN AND ACCEPTEQ ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as oth rwise provided in this Deed of Tr st, Trustor shall pay to Lender all amounts secured by <br />this Deed of Trust as they become due, and sha I strictly and in a timely manner erform all of Trustor's obligations under the Note, this <br />Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PR PERTY. Trustor agrees that T ustor's possession and use of the Property shall be <br />governed by the following provisions: <br />Possession and Use. Until the occurrence o an Event of Default, Trustor ma (1) remain in possession and control of the Property; <br />(2) use, operate or manage the Property; an (3) collect the Rents from the roperty. <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. Trus or represents and warrants to Le der that: (1) During the period of Trustor's ownership <br />of the Property, there has been no use, ge eration, manufacture, storage, tr atment, disposal, release or threatened release of any <br />Hazardous Substance by any person on, un er, about or from the Property; (2) Trustor has no knowledge of, or reason to believe <br />that there has been, except as previously isclosed to and acknowledged by Lender in writing, (al any breach or violation of any <br />Environmental Laws, (b) any use, gener tion, manufacture, storage, trea ment, disposal, release or threatened release of any <br />