Laserfiche WebLink
ft 7;6 V:\ <br />tit <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />South Branch <br />3111 W. Stolley Pk. Rd. <br />Grand Island, NE 68801 <br />III <br />r UT <br />P <br />FIvE POINTS BANK <br />1 MN n 1111 fl IANII Mill 1 <br />* 000000000101260204034012282012* <br />FOR RECORDER'S USE ONLY <br />111111111111111111 <br />CI> <br />(f) <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated December 28, 2012, among NICHOLAS R. STAAB and <br />JEANNETTE A. STAAB; HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is <br />South Branch, 3111 W. Stolley Pk. Rd., Grand Island, NE 68801 (referred to below sometimes <br />as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.0 Box <br />1507, Grand Island, NE 68802 -1507 (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 Beneficiary, all of Trustor's right, title, and interest in and to 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 ditch rights (including stock in utilities with <br />ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL <br />County, State of Nebraska: <br />LOT SEVEN (7), BLOCK ONE (1), PONDEROSA LAKE ESTATES SUBDIVISION, IN THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The Real Property or its address is commonly known as 59 PONDEROSA DRIVE, GRAND <br />ISLAND, NE 68803. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future 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 amounts Lender in its discretion may loan 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 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 addition, 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 />g <br />sa <br />1 <br />r\-.) <br />f--' <br />1• <br />W <br />