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<br />WHEN RECORDED MAR���'
<br />Five PoiMs Bank �+
<br />West Branch � 8� �D �
<br />2009 N. Diers Ave.
<br />Grand Island NE 68803 FOR RECORDER'S USE ONIY
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated July 1, 2011, among RONALD C MILES and JANET K MILES; Husband and
<br />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 consideradon, Trustor conveys to Trustee in trust, WfTH POWER OF SALE, for the benefit of
<br />Lender as Beneflciary, 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 utitities with ditch or irrigation rights►; and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerels, oil, gas, geothermal and similar matters, (the ° Real Pi'OPerty located in HALL
<br />County, State of Nebrask�:
<br />Lot Fifteen (15), Argo Fouth Subdivision, Village of Alda, Hall County, Nebraska.
<br />The Real Properly or its address is commonly known as 15 VENUS ST, ALDA, NE 68810-9744.
<br />Trustor presently assigns to Lander (also known as Beneficiary in this Deed of Trustl aVl of Trustor's right, title, and interest in and to all
<br />present and future leases of the Property and ail Rents from the Property. In addition, Trustor grants to Lender a Uniform Commerciat
<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 (B) PERFORMAWCE OF ANY AI11D 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 />FOLLOWIWG TERMS:
<br />PAYMENT AND PERFOAI1fIA1110E. 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 mannar perform all of Trustor's obligetions under the IVote, 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 of an Event of Defauit, 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, Trustor represents and warrants to Lender that: (1) During the period of Trustor's ownership
<br />of the Property, there has.: been'no use, generation, manufacture, storage, treatment, disposai, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; l2) Trustor has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />Environmental Laws, (b) 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 Property, or (c) any actual or
<br />threatened litigation or claims of any kind by any person relating to such matters; and (3) Except as previously disclosed to and
<br />acknowledged by Lender in writing, (a) neither Trustor nor any tenant, contractor, agent or other authorized user of the Property
<br />shall use, generate, manufacture, store, treat, dispose of or release any Hazardous Substance on, under, about or from the Property;
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