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201504220
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6/24/2015 2:16:03 PM
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6/24/2015 2:16:03 PM
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DEEDS
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201504220
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WHEN RECORDED MAIL TO: <br />1 Five Points Bank <br />. �- ti Q , /fox 60 <br />Grand Island, NE GZsaa-- Lp88 6a — 150 <br />111111111111111 <br />11 <br />FIvE POINTS BANK <br />1 1111111 <br />11 <br />1111111 <br />11111111111111 <br />11111111111111 <br />111111111111111 11111111 <br />* 000000000101286451034006152015* <br />IIIIIIIIIIIIIIIN11111NIII11111111 <br />r' ) <br />s <br />CD <br />c) <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated June 15, 2015, among JEFFREY L SCHIMMER and CYNTHIA E <br />SCHIMMER; Husband and Wife ( "Trustor "); Five Points Bank, whose address is West Branch, <br />2009 N. Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and <br />sometimes as "Beneficiary"); and Five Points Bank, whose address is P.0 Box 1507, Grand <br />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 " Property ") located in HALL <br />County, State of Nebraska: <br />The Southeast Quarter of the Southeast Quarter of the Southwest Quarter (SE1 /4 SE1 /4 <br />SW1 /4) and the South Half of the Northeast Quarter of the Southeast Quarter of the <br />Southwest Quarter (S1/2 NE 1 /4 SE 1 /4 SW1/4) and the Southwest Quarter of the <br />Southwest Quarter of the Southwest Quarter of the Southeast Quarter (SW1 /4 SW1 /4 <br />SW1/4 SE 1 /4) of Section Thirty Five (35), Township Eleven (11) North, Range Ten (10) <br />West of the 6th P.M., Hall County, Nebraska. <br />The Real Property or its address is commonly known as 4208 W SCHIMMER DR, GRAND <br />ISLAND, 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 />
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