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m <br /> z <br /> � m N � � <br /> N � m� o y m <br /> � � nA ��cn �m N m <br /> oorn � � o <br /> o '�z � C z� � D <br /> � �c� p r �z O (n <br /> � z� o m � <br /> `'' - �A o � O� � � <br /> � <br /> m cm, o � =cDn w � <br /> � �A � � �� � <br /> r m <br /> �o N ._.._. z <br /> p o N � � <br /> � Z <br /> O <br /> WHEN RECORDED MAIL TO: <br /> Exchange Bank <br /> GI-Allen Drive Branch <br /> 1204 Allen Dr <br /> PO Box 5793 <br /> Grand Is�and, NE 68802 FOR RECORDER'S USE ONLY <br /> DEED OF TRUST <br /> THIS DEED �F TRUST is dated July 1, 2015, among CHRISTINA A COX, A Single Person <br /> ("Trustor"); Exchange Bank, whose address is GI - Allen Drive Branch, 1204 Allen Dr, PO Box <br /> 5793, Grand Island, NE 68802 (referred to below sometimes as "Lender" and sometimes as <br /> "Beneficiary"); and Exchange Bank, whose address is PO Box 397, Kearney, NE 68848 <br /> (referred to below as "Trustee"1. <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 /> LOT EIGHTEEN (18), SUNSET SUBDIVI510N TO THE CITY OF GRAND ISLAND, HALL <br /> COUNTY, NEBRASKA. <br /> The Real Property or its address is commonly known as 4027 W CAPITAL AVE, GRAND <br /> ISLAND, NE 68803. The Real Property tau identification number is 400163780. <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 Iong 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 either the Indebtedness paragraph or this paragraph, shall not exceed the Credit <br /> Limit as provided in the Credit Agreement. It is the intention of Trustor and Lender that this Deed of 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 Agreemea�t and any intermediate balance. <br /> Trustor presently assigns to Lender lalso 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 OF TRUST,INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND <br /> PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br /> EACH OF TRUSTOR'S AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, THE RELATE� <br /> DOCUMENTS, AND 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 MAINTENANCE OF THE 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 and promptly perform all repairs, <br /> replacements,and maintenance necessary to preserve its value. <br /> Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of <br /> Trustor's awnership of the Property,there has been no use,generation, manufacture, storage,treatment, disposal, <br /> release or threatened release of any Hazardous Substance by any person on, under, about or from the Property; <br /> 12) Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and <br /> acknowledged by Lender in writing, Ia) any breach or violation of any Environmental Laws, (b) any use, <br /> generation, manufacture, storage, treatment, disposal, release or threatened release of any Hazardous Substance <br /> on, under, about or from the Property by any prior owners or occupants of the Property, or (c) any actual or <br /> threatened litigaiion or claims of any kind by any person relating to such matters; and (3) Except as previously <br /> disclosed to and acknowledged by Lender in writing, fa) neither Trustor nor any tenant,contractor,agent or other <br /> authorized user of the Property shall use, generate, manufacture, store, treat, dispose of or release any Hazardous <br /> Substance on, under, about or from the Property; and Ib) any such activity shall be conducted in compliance with <br /> all applicable federal, state, and local laws, regulations and ordinances, including without limitation all <br />