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The lien of this Deed of Trust shall not exceed at any one time $28,000.00. <br />THIS DEED OF TRUST is dated June 14, 2012, among Brian J McMahon and Lori McMahon, <br />HUSBAND AND WIFE, Robert D Riedy and Kristin M Riedy, HUSBAND AND WIFE ("Trustor"); <br />GREAT WESTERN BANK, whose address is Grand Island - Webb Rd, 700 N Webb Rd, Grand <br />Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); <br />and Great Western Bank, whose address is PO Box 4070, Omaha, NE 68104-0070 (referred to <br />below as "Trustee"). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, <br />for the benefit of Lender as Beneflciary, all of Trustor's right, title, and interest in and to the following described real <br />property, together with ali existing or subsequently erected or affixed buildings, improvements and fixtures; all <br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with <br />ditch or irrigation rights); and all other rights, royalties, and profits relatin to the real prope�y, including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the ° Real �roperty IOCeted 111 H811 COUnty, <br />State of Nebraska: <br />Lot Two (2), Kaaar Subdivision, in the City of Grand Island, Hall County, Nebraska <br />The Real Property or its address is commonly known as Grand Island, NE. <br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of 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 existing or hereafter arising, whether <br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Trustor <br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or <br />otherwise, and whether recovery upon such amounts may be or hereafter may become baRed by any statute of <br />limitations, and whether the obligation to repay such amounts may be or hereafter may become othervvise <br />unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to <br />Borrower or Trustor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, <br />this Deed of Trust secures, in 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 in this Deed of Tnist) 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 Property. In addftion, Trustor <br />grants to Lender a Uniform Commercial 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 <br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS <br />DEED OF TRUST IS GNEN APID ACCEPTED ON THE FOLLOWING TERMS: <br />TRUSTOR'S REPRESENTATIONS AND WARRANTIEe. Tnrstor warrants that: (a) this Deed of Trust is executed at <br />Borrower's request and not a4 the request of Lender, (b) Trustor has the full power, right, and authority to enter into <br />this Deed of Trust and to hypothecate the Property; (c) the provisions of this Deed of Trust do not conflict with, or <br />result in a default under any agreement or other instrument 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 obtainfng <br />from Borrower on a continuing basis information about Borrower's financial condition; and (e) Lender has made no <br />representation to Trustor about BoROwer (including without limitation the creditworthiness of Borrower). <br />TRUSTOR'S WAIVERS. Trustor 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 />deflciency to the extent Lender 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 PERFORMANCE. Except 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 />N <br />O <br />G—� <br />N <br />� <br />� <br />C.L1 <br />t--� <br />w <br />�D <br />/ �je <br />5 � <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />