Laserfiche WebLink
WHEN RECORDED MAIL T_O(: <br />Five Points Bank � w <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 <br />IIIIIIIHNIII <br />FIvE P0INTs BANK <br />IIIIIIIIIIIIIIIIIIIIIIIIIII IIIIIMINIIIIIIIIIIIIIIINIIIIINIM IIIIIIIIIIIIII IIIIIII IIIIIIIINNINNIIIIIIIIIIIIIIIINIINIIII <br />• 000000000101279371034009242014" <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated September 24, 2014, among MICHAEL CHASE CACY and <br />MALLORY RANAE CACY, f /k /a MALLORY RANAE SCHWIEGER; Husband and Wife ( "Trustor "); <br />Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE 68803 <br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points <br />Bank, whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as <br />"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 o the real property, including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the " Property ") located in HALL <br />County, State of Nebraska: <br />Lot Six (6), in Block Nine (9), in Parkhill Third Subdivision, an Addition to the City of Grand <br />Island, Hall County, Nebraska <br />The Real Property or its address is commonly known as 2505 W ANNA ST, GRAND ISLAND, <br />NE 68803. <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 />o <br />--1 <br />rn <br />c? 0 <br />C 52 — <br />trIXI <br />to 0 <br />AO° <br />