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201506002
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9/1/2015 5:49:30 PM
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9/1/2015 5:49:30 PM
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DEEDS
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201506002
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B <br />ime <br />WHEN RECORDED MAIL TO: <br />j� Five Points Bank _1 V <br />• O . 60)( Senth-Braneh P <br />1 541 Grand Island, NE - 68804'-P83 - 150 <br />7 <br />1111 <br />1. <br />rn <br />c <br />n z <br />n l / 1 <br />r . <br />FIVE POINTS BANK <br />IIIIIIIII1I11IIIINIIIIIII�llllll�llllll l�I IIII�I�IIIIIInII�III�hIIIIIIIII <br />* 0000000 <br />IIIIIIIIaIIII IIII� <br />CO <br />cn <br />FOR RECORDER'S USE ONLY <br />CONSTRUCTION DEED OF TRUST <br />THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT <br />WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT <br />THIS DEED OF TRUST is dated August 26, 2015, among KURT F MCCALLUM and SHIRLEY M <br />MCCALLUM; Husband and Wife ( "Trustor "); Five Points Bank, whose address is South Branch, <br />3111 W. Stoney Pk. Rd., Grand Island, NE 68801 (referred to below sometimes as "Lender" <br />and sometimes as "Beneficiary "); and Five Points Bank, whose address is P.O 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 "Real Property") located in HALL <br />County, State of Nebraska: <br />LOT THREE (3), LAKE HERITAGE SECOND SUBDIVISION, AN ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The Real Property or its address is commonly known as 3405 S BLAINE, GRAND ISLAND, NE <br />68801. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor <br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust <br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />Trustor, together with all interest thereon. <br />Trustor presently assigns 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 />
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