|
e U
<br />rt
<br />W P r Lit
<br />V __ :
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Ni West Branch
<br />2009 N. Diers Ave.
<br />Grand Island, NE 68803
<br />IIIIIIIIII
<br />FIVE POINTS BANK
<br />IIIIIIIIIIIIIIIIIIIIIIIIII�I IIIIIIIIIIIIIIIIU IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIhIIIIIIIIIIIII
<br />* 000000000101265961034007312013*
<br />7)
<br />Cr)
<br />CD Cr
<br />ci)
<br />FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated July 31, 2013, among TERRY E ROBERTSON and BARBARA G
<br />ROBERTSON, whose address is PO BOX 182, CAIRO, NE 68824 -0182 ( "Trustor "); Five Points
<br />Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE 68803 (referred to
<br />below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose
<br />address is P.O Box 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 />SEE ATTACHED EXHIBIT "A"
<br />The Real Property or its address is commonly known as 409 W MEDINA ST, CAIRO, NE
<br />68824. The Real Property tax identification number is 400169746.
<br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving
<br />line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the
<br />Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that
<br />the total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or
<br />variable rate or sum as provided in the Credit Agreement, any temporary overages, other charges, and any amounts
<br />expended or advanced as provided in this paragraph, shall not exceed the Credit Limit as provided in the Credit
<br />Agreement. It is the intention of Trustor and Lender that this Deed of Trust secures the balance outstanding under the
<br />Credit Agreement from time to time from zero up to the Credit Limit as provided in the Credit Agreement and any
<br />intermediate balance.
<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 />
|