|
m
<br /> � � N � �
<br /> mm o D m
<br /> ; � n� ��cn pm N m
<br /> � m � � o0
<br /> W � �o p � �O cs cDi�
<br /> � �D �p � O omo � z
<br /> �� m � �� N �
<br /> mcmi o D DCDi� � c
<br /> � �� � � �� �
<br /> rv o � `.`. z
<br /> �� W (�A �
<br /> O z
<br /> O
<br /> WH�� RECORDED �'iAIL TO:
<br /> First National Bank of Omaha
<br /> Branch#070
<br /> 2223 2nd Ave
<br /> Kearnev, NE 68847 FOR RECORDER'S USE QN Y
<br /> �I��� ���I���� ��1 ��
<br /> I I���II Illil I���I IiI������!I������������II I������Iil���II�������III���II�����If���I���f I���I Illll����I������������l�l l���l��III������������E� II������������1����1������������I.
<br /> "`#####################584005142015'
<br /> DEED �� T�UST
<br /> �AXt�'I€U�+I LIEN. The lien of this Deed of Trust shall not exceed at any one time $12,OOO.QO.
<br /> THIS DEED OF TRUST is dated it�€ay 14, 2015, among �iles L Enyeart and Amanda J Enyeart
<br /> FKA Amanda Jo Prorok; Husband and Wife, as joint tentants with right of survivorship
<br /> ("Trustor"); First National Bank of Omaha,'`�uhose address is Branch #070, 2223 2nd Ave,
<br /> Kearney, I�E 68847 (referred to bela� sometimes as "Lender°' and sometimes as
<br /> "'Beneficiary"); and First National Bank of Omaha, whose address is 1620 Dodge Street,
<br /> Omaha, NE 68197 (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 subse�uently 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, royafties, and profits relatin to the real property, including without
<br /> limitation all minerals, oil, gas, geothermal and similar matters, (the "Real �roper'ty") loCated in Hall County,
<br /> State of �Iebraska:
<br /> Lot Two Hundred Forty Seven (247), in 4tlfest Lawn, in the City of Grand Is�and, Hall
<br /> County, Nebraska
<br /> The Real Property or its address is commonly known as 1323 '�t�rth Park Avenue, Grand
<br /> Island, NE 68803. The Real Property tax identifieation number is 400117479.
<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 fram time to time, subject to the limitafion that
<br /> the total outstanding baianae 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 either the Indebtedness paragraph or this paragraph, shall not exceed the Credit
<br /> Limit as provided irr the Credit Agreement. It is the intention of Trustor and Lender that this Deed af Trust secures the
<br /> balance outstanding under the Credit Agreement from time to time from zero up to the Credit Limit as provided in the
<br /> Credit Agreement and any intermediate balance.
<br /> Trustor presently assig�s 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 QF TRUST, INCLUDING THE ASSIGi�Cs�lENT OF RENTS AND THE SECURITY INTEREST FN THE RENTS AND
<br /> PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAY}k��NT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br /> EAGH OF TRUSTOR'S AGREEik��NTS AND OBLIGATIONS UNDER THE CREDIT AGRE�{u7��T, THE RELATED
<br /> DOCI#�'lENTS, AiVD THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING
<br /> TERMS:
<br /> PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br /> amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of
<br /> Trustor's obligations under the Credit Agreement,this Deed of Trust,and the Related Documents.
<br /> POSSESSION AND I�fAINTENANCE OF 7HE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br /> Property shall be governed by the following provisions:
<br /> Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and
<br /> control of the Property; (2) use,operate or manage the Property;and (3) collect the Rents from the Property.
<br /> Duty to Maintain. Trustor shall maintain the Property in good condition artd promptly perForm all repairs,
<br /> replacements, and maintenance necessary to preserve its value.
<br />
|