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<br />" <br /> <br />Q~ <br />mc.n <br />():J: <br />A <br /> <br />":::tt <br />r'..'- <br /> <br />~ ~<' <br />~,{- <br /> <br />""1 <br /> <br />......\ <br />r'T1 <br />CD <br /> <br />N <br />--...J <br /> <br />m <br />c: <br />nn6 <br />~>~ <br />nc.n <br />~:J: <br /> <br /> <br />:n <br />::3 <br />.......... <br />C) <br />I"'V <br />-C <br /> <br />,...,. <br />(~.) <br />g <br /> <br />N <br />S <br />S <br />0'> <br />S <br />..... <br />0'> <br />0'> <br />CO <br /> <br />r <br /> <br />o <br />Pl <br />("T1 <br />o <br />en <br /> <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island. NE 68803 <br /> <br />Ret. Env. <br />/4 A.-+ Y <br /> <br />200601668 <br /> <br />0(f) <br />o -i <br />cl> <br />z-i <br />-irTl <br />-<0 <br />0""'1 <br />""'1z <br />::.r: rll <br />J>- co <br />, ~D <br />,p. <br />(Jl <br />^ <br />l> <br /> <br />---- ---- <br /> <br />(Jl <br />(.f) <br /> <br />~i <br />~~ <br />C)cr <br /> <br />~I~ <br /> <br />0'> <br />CO"r-t" <br />Z <br />o <br /> <br />FOR RECORDER'S USE ONLY <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST is dated February 17, 2006, among DEBORAH L SHRINER; an Unmarried Woman <br />("Trustor"); Five Points Bank. whose address is West Branch. 2009 N. Diers Ave.. Grand Island. NE 68803 <br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose <br />address is P.O Box 1507. Grand Island. NE 68802-1507 (referred to below as "Trustee"). <br /> <br />CONVEYANCE AND GRANT. For valuable consideration. Trustor conveys to Trustee in trust. WITH POWER OF SALE. for the 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 (including 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 /> <br />Lot Twelve (12). in Block One (1). in Axt and Hagges Addition to the City of Grand Island. Hall County. <br />Nebraska. <br /> <br />The Real Property or its address is commonly known as <br />68801-7830. <br /> <br />267 S KIMBALL ST. GRAND ISLAND. NE <br /> <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 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 /> <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) 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 /> <br />PA YMENT 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 /> <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 /> <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 /> <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 /> <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. 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 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; <br />and (b) any such activity shall be conducted in compliance with all applicable federal, state, and local laws, regulations and <br />