|
WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Kearney
<br />1809 W 39th Street
<br />Kearney, NE 68845
<br />ui
<br />1111111111
<br />FIVE POINTS BANK
<br />11111111011101 1101111 01011111 11111 11111 11 11111 111111111111111111110 0111111111111111111111111111111111111111111111 I 1111
<br />000000000101259067034012142012
<br />C)
<br />O ---1
<br />C b
<br />--f m
<br />cp
<br />G �
<br />z ; ..fl
<br />cn
<br />r r�
<br />FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated December 14, 2012, among DOUGLAS A NEW; A SINGLE
<br />PERSON and ANNETTE S MORGAN; A SINGLE PERSON ( "Trustor "); Five Points Bank, whose
<br />address is Kearney, 1809 W 39th Street, Kearney, NE 68845 (referred to below sometimes as
<br />"Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose address is P.O 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 ONE (1), FAIRACRES DAIRY SEVENTH SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 3820 E SEEDLING MILE RD, GRAND
<br />ISLAND, NE 68801.
<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 />
|