Laserfiche WebLink
m <br /> � � N p� � <br /> m"' � cD m <br /> � � n� � N zm N m <br /> o ,Z�7� �,mj . D �O o 0 <br /> °�° � z� p � �z 0 cDi� <br /> � <br /> G7 j o � =W � (�/� <br /> � D pp <br /> �A m �Z7 � <br /> mn, m � r�D W � <br /> c� 0 � <br /> � C <br /> � �,o cn � � <br /> m <br /> �� � � � <br /> � z <br /> O <br /> WHEN RECORDED MAIL TQ: <br /> Equifable Bank <br /> Diers Avenue Branch <br /> PO Box 160 <br /> Grand Island. NE 68802-0'160 FOR RECORDER'S USE ONLY <br /> DEED OF TRUST <br /> MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $22,265_33. <br /> THIS DEED OF TRUST is dated August 15. 2012, among MARSH PROPERTFES LLC, whose <br /> address is 2306 APACHE RD, GRAND ISLAIVD, NE 68801; a Nebraska Limited Liability <br /> Gompany ("Trustor"); Equitable Bank, whose address is Diers Avenue Branch, PO Box 7 60, <br /> Grand Island, NE 68802-0160 (referred to below sometimes as "Lender" and sometimes as <br /> "Beneficiary"); and EquPtable Bank (Grand Island Region), whose address is 173-115 N Locust <br /> St; PO Box 160, Grand Island, NE 68802-0760 (referred to 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 Ber�eficiary, all of Trustor's�right, title, and interest in and io the following described real <br /> property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all <br /> easements, rights of way, and appurtenances; all water, water rights and diich rights (including stock in utilities with <br /> ditch or irrigation rignts); and all other rights,. royakies, and profits relating to the real property, including without <br /> limitation alI minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in Flall County, <br /> State of Nebraska: <br /> Parcel A: Lot Two (2), in Block -L'hwenty-six (26), in Packer and Barr`s Second Additeon to <br /> the Ciiy of Grand Island, Hall County, Nebraska. <br /> Parcel B: The Northerly Sixty-nine (69) feet of the Westerly Thirty-five (35) feet of Lot Five <br /> (5) in Block Eight (8) in H.G_ Clarks Addition to the City of Grand Island, Hall County, <br /> Nebraska. <br /> The Real Property or its address is commonly known as 206-205 N Custer Ave & 807-809 N <br /> Elm St, Grand Island, NE 68801. The Real Property tax identification number is 400077002 8z <br /> 400030268. <br /> CROSS-COLLATERALIZATION_ In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, <br /> plus interest thereon, ofi Trustor to Lender, or any one or more of them, as well as all daims by Lender against Trustor <br /> or any one or more of them, whether now existing or hereafter arising; whetner related or unrelated to the purpose of <br /> the Note,. whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br /> absolute or contingent, liquidated or unliquidated, whether Trustor may be 1ia61e individually or jointly with others, <br /> whether obligated as guarantor, surety, accommodatiort party or otherwise, and whether recovery upon such amounts <br /> may be or hereafter may become barred by any statute ofi limitations, and whether the obligation to repay such amounis <br /> may be or hereafter may become otherwise unenforceable. <br /> FUTURE ADVANCES. In.addition to the Note,this Deed of Trust secures alI fuwre advances made by Lender to Trustor <br /> whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust <br /> secures, in addition to the amounts specified in the Note, all future amo��unts Lender in its discretion may Ioan to <br /> Trustor,.together with all interest thereon. <br /> Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trusior's rig�ht, title, and <br /> iMerest in and to aIl present and future leases of the Property and afl Rents from the Property. In addition, T�ustor <br /> grants to Lender a Uniform Commercial Code seeurity interest in the Personal Proper[y and Rents. <br /> THIS DEED OF TRUST, WCLUDWG THE ASSIGNMENT OF RENTS AND THE SEEURITY INTEREST IN THE RENTS AND <br /> PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMEIVT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br /> ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOGUMENTS, AND THIS DEED OF TRUST. THIS <br /> DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWWG TERMS: <br /> PAYMENT AND PERFORMANCE. Except as oiherwise provided in thiS Deed of Trust, Trustor shall pay to Lender all <br /> amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of <br /> Trustor's obligations under the Noie,this Deed of Trust, and the Related Documents. � <br /> POSSESSION AND MAINTENANGE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the <br /> Property shall be govemed by the fiollowing provisions: <br /> Possession and Use. Until Yhe� occurrence of an Event of Default, Trustor may (1) remain i�n possession and <br /> conirol of the PYopetty; (2) use, operaie or manage the Property; and (3) collect the Rents fro�m the Property�. <br /> Duty to Maintain. Trusior shall rnaintain ihe Property in tenantable condition and promptly perform all repairs, <br /> replacements, and maintenance necessary to�preserve its value. <br /> Compliance With Environmental Laws. Trustor represents and warraMs to Lender that: (1) During ihe period ofi <br />