Laserfiche WebLink
m <br /> � � N p� � <br /> - m m O �y ffl <br /> 1 � n�� � Zm N m <br /> o �o� , 0 �O 0 0 <br /> �o o�o m o�' � � <br /> a � ZD� n TZ � <br /> cn �� n� xm � z <br /> o W � � <br /> � m�o � D �cn cn � <br /> � cn o m � � � <br /> om � ._.� Z <br /> �� N � � <br /> �p Z <br /> O <br /> WHEN RECORDED MAiL TO: <br /> Equitable Bank <br /> North Locust Branch <br /> '113-115 N 9.ocust St <br /> PO Box 160 <br /> Grand Island.NE 68 80 2-0 1 60 FOR RECORDER'S USE ONLY <br /> DEED OF TR[JST <br /> TNlS DEED �F TRUST is dated December 23, 2071, among 1955 INVESTMENTS LLC, whose <br /> address is 1016 1!U DIVISION ST, GRAND ISLAND, NE 68801; A NEBRASKA LfMITED <br /> LIABILITY COMPANY ("Trustor"); Equitable Bank, whose address is North Locust Branch, <br /> 113-115 N �ocust St, PO Box 160, Grand Island, NE 68802-0'160 {referred to below <br /> sometimes as "Lender" and sometimes as "Beneficiary"); and Equitable Bank (Grand Island <br /> Regionl, whose address is 113-115 N Locust St; PO Box 160, Grand Islarod, NE 68802-0760 <br /> (referred to below as "�'rustee"). <br /> CONVEYANCE AND GRANT: For valuable consideration,Trustor conveys to Trustee in Yrust,WITH POWER OF SALE, <br /> for the benefit of Lender as Beneficiary,ali of Trustor's right;title,and interest in and to the following descri6ed real <br /> property, together with all existing or subsequently erected or affixed 6uildings, improvements and fixtures; all <br /> eaSements, rights of way,and appurtenances all water, water rights and ditch rights (induding stock in utilities wiih - <br /> ditch or irrigation rights�; and afl other righfs, royalties, and profits relating to the real. properry, including without <br /> limixation all minerals, oil, gas, geothermal and similar matters, (the "Real Property"> located if7 HALL <br /> County,State of Nebraska_ <br /> LOT FIVE (5), BLOCK FOUR (4), ROLLINS ADDITION TO THE CITY OF GRAND ISLAND, <br /> HALL COUNTY,NEBRASKA <br /> The Real Property or its address is commonly known as 923 W 7TH ST, GRAND ISLAND, NE <br /> CS801. The Real Property ta�c iden#ification number is 400084392. <br /> CROSS-COLLATERALIZATIOW. In addition to the Note,this Deed ofi Trust secures all obligations,debts and liabilities, <br /> plus interest thereon, of either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by � <br /> Lender against Borrower and Trustor or any one or more of them,whether now e�cisting or hereafter arising,whether � <br /> � rela�ted or unrelated to the purpose of the Note, whether voluntary or otherwise, wheYher due or not due, direci or <br /> indirect, determined or undetermined, absotute or contingent, liquidated or unliquidated,whether Borrower or Trustor <br /> may be 1ia61e individually ou�jointly wiYh others, whether obligated as guarantor, surety, accommodation party or <br /> otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of <br /> limitations, and whether the obligation to tepay such amounts may be or hereafter may become otherwise <br /> unenforceable. � <br /> FUTURE ADVAI�@CES. In addition to the Note, thls Deed of Trusi secures all fuYure advances made by Lender to <br /> Borrower or Trustor whether or not the advances are made pursuant to a commitment. Specifically,wiYhout limitation, <br /> this Deed of Trust secures,ic�addition to the amounts specified in the Note,all future amounts Lender in its discretion <br /> � may loan to Borrower or Trustor,together with all interest thereon. <br /> Trustor presently assigns to Lender(also known as Beneficiary io this Deed of Trustl all of Trustor's right,title,and <br /> interest in and to all present and future leases of the Property and all Rents from the Pmperty. In addition,Trustor <br /> grants to Lender a Uniform Commercial Gode security interest in fhe Personal Property and Rents. <br /> THIS DEED OF TRUST,WCL�I�ING THE ASSlGNMENT OF RENTS AND THE SECURfTY INTEREST IN THE RENTS AND <br /> PERSONAL PROPERTY,IS GIVEN TO SECURE lA1 PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br /> ANY AND ALL OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON <br /> THE FOLLOWING TERMS: � <br /> �TRUSTOR'S REPRESENTATI�NS AND WARRANTIES. Trustor warrants thatt (a) this Deed of Trust is executed at <br /> Borrower's request and not at the request of Lender, (b)Trustor has the fuh power,right, and autfiority to enter into <br /> tliis Deed of Trust and fo hypothecate the Property; (c)the provisions of this Deed ofi Trust do not conflict with,.or <br /> result in a deFault under any agreement or other instrumerit binding upon Trustor and do not result in a violation of any <br /> law, regulation, court decree or order applicable to Trustor, (d)Trustor has established adequate means of obtaining <br /> from Borrower on a continuing basis information about Borrower's financial condition; and (e) Lender has made no <br /> representation to Trustor about Borrower(including without limitation the creditworthiness of Borrower). <br /> TRUSTOR'S WANERS. Trusmr waives all rights or defenses arising by reason of any"one action"or"anti-deficiency" <br /> law,. or any other law which may prevent Lender from bringing any action against Trustor, including a� claim for <br /> deficiency to the ext°nt LencJer is otherwise entitled to a claim for deficiency,before or after Lender's commencement <br /> or completion of any foreclosure action,either judicially or by exercise of a power of sale. <br /> PAYMENT AND&�ERFORMANCE. Excep[as otherwise provided in this Deed of Trust;Borrower and Trustor shall pay to <br /> Lender all Indebtedness secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall strictly <br /> perform.all their respective obligations under the Note,this Deed of Trust,and the Related Documents. <br /> POSSESSION.AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's <br />