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<br /> WHEN RECORDED MAIL 70:
<br /> First Na#iona!Bank of pmaha
<br /> Grand Island Branch
<br /> 810 Atlen Dr
<br /> Grand Island, NE 58803 __ „ FOR RECORDER'S USE 4NlY
<br /> DEED OF TRUST
<br /> MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $83,Sq(},QQ.
<br /> THtS DE�p OF TRUS7 is dated July 1, 20'[4, among 5teadfast Builders, Inc; a Nebraska
<br /> Limited Liability Company ("7rustor"}; First Natianal Bank of Omaha, whose address is Grand
<br /> Island Branch, 810 Allen Dr, Grand Is[and, N� 68803 (referred to below sametimes as
<br /> "L.ender" and sometimes as "8ene�iciary""]; and First National Bank of Omaha, whose address is
<br /> 8'[0 Aflen pr, Grand Island, NE 68803 [referred to below as "Trustee"},
<br /> CONVEYAt1fCE AND GRANT. For valuable consideratian, Trustor conveys to Trustee in trust. WI7W POWER OF SALE,
<br /> for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and ta the fol{owing described rea3
<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 irrigatian rights); and all other rights, rayalties, and profits relating ta the real property, inclvding without
<br /> limitatian al! minerals, oil, gas, geothermal and similer matters, {the "Real Property"} IoCated in H�II County,
<br /> State of Nebraska:
<br /> Lot Ten {1Q] and a tract of ground '[2X40 fset of Lot Nine (9), m4re particularly described
<br /> as follows: Beginning at the Northeasterly carner af said Lo# Nine {9) running thence in a
<br /> Souther[y directian, a distance pf 4U fee#, thence Westerly a distance ot 7 2 fieet, thence
<br /> Northeriy a distance of 4Q feet, thence Easterly along the Alley line of said lot, a distance of
<br /> 12 feet ta the place of beginning, a[I in Block �i�e {5), in GilberYs Second Addition to the
<br /> City af Grand Island, Hall County, Nehraska.
<br /> The Rea] Property or its address is commonly [cnown as '[5Q4 - 1512 N, Eddy St, Grand Island,
<br /> NE 688�3.
<br /> FiJTURE ADVANCES. In addition to the No#e, this Deed af Trust secures all fu#ure advances made by Lender to
<br /> Barrower whett�er or not the advances are made pursuant to a commitment. Specifically, without 4imitation, this Deed
<br /> of Trust secures, in additian to the amounts specified in the Note, all future amounts Lender in its discretion may loan
<br /> to Borrower, together with all int�rest thereon.
<br /> Trustar presently assigns to Lender {also known as Beneficiary in tnis �eed of Trust) all of Trustor's right, Eitle, and
<br /> interest in and to all present and future leases of the Property and al] Rents from the Property. In addition, Trustar
<br /> grants to Lender a Uniform Commercial Code security interest in the Persanal Property and Rents.
<br /> THIS QEED OF TRUST, INCLU�ING THE ASSiGNMEN7 OF RENTS AN� THE S�CURITY INTEREST IN THE R�NTS AND
<br /> PER50lVAL PFtpPERTY, 15 G1VEi11 TO SECURE (A) PAYME]VT OF THE INDEBTEDNESS AfVQ [Bp PERFORMANCE OF
<br /> ANY AND ALL OBLIGA710NS UNDER THE NDTE, TH� RELATED DOCUM£NTS, AIHD THIS DEED OF TRUST, THIS
<br /> DEED OF 7RUST IS GIVEN AND ACCEP7�D plV THE FQLLOWI�VG 7�RM5;
<br /> TRUSTOR'S REPRESENTATI�NS AND WARRANTI�5. Trustor warrants that; {a} this Deed of l"rust is executed at
<br /> Borrower's request ancf �ot a# the request o# Lender; (b} 'frustor has the full power, right, and authority to enter into
<br /> #his Deed of Trust and to hypothecate the Property; (c} ti�e provisions af this Deed of Trust do not conflict with, or
<br /> result in a de#aul# under any agreement or other insYrument binding upon Trustar 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 obtaining
<br /> from Borrower on a continuing basis information a6out Borrower's financial candition; and fe) Lender has made na
<br /> representation to Trustor about Borrawer fincluding without limitation the creditworthiness of Borrower).
<br /> TRUSTQR'S WAIVE�iS. Trustar waives all righ#s or defenses arising by reason of any "ona action" or "anti-deficiency"
<br /> law, or any other law wi�ich rr�ay prevent Lend�r frpm bringing any action against Trustar, inctuding a claim for
<br /> deficiency to the extent Lender is otherwise entitled to a claim far deficiency, before or after Lender's commencement
<br /> or completion of any foreclosure action, either judicially or by exercise af a power of sa9e.
<br /> PAYM�NT AND PERFORMANCE. Except as otherwise provided in this Qeed of Trust, Bnrrower shall pay to Lender a{I
<br /> Indebtedness secured by this Deed af Trust es it becomes due, and $orrower and Trustar shalE perform all their
<br /> respec#ive obligations under the Note, this Qeed of Trust, and the Related Documents,
<br /> POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustar agree that Borrower`s and Trustor's
<br /> possession and use of the Property shall be governed by the following pro�isions:
<br /> Possession and Use. Until the occurrence of ars Event o# Default; Trustor may (1] remain in possessian and
<br /> control of the Property; [2) use, operate or manage the Property; and {3} collect the ftents from the Property.
<br /> 17uty �v Maintain. Trustor shall maintain the Property in tenantable condition and pramptly per#orm alf repairs,
<br /> replacements, and maintenance necessary tv preserve its value.
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