201600662 - Laserfiche WebLink

Browse

WHEN RECORDED MAIL TO: ' Five Points Bank West Branch 2009 N. Diers Ave. Grand Island, NE 68803 11 FIVE POINTS BANK 1111111111111111111111 II II 11 IIII I III II II I I I II I II II IIII II II III I I II I I 111 1111 IIII * 000000000 11 r FOR RECORDER'S USE ONLY DEED OF TRUST THIS DEED OF TRUST is dated January 29, 2016, among TERA CHRISTENSEN; A Single Person ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE 68802 -1507 (referred to below as "Trustee "). CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL County, State of Nebraska: Lot Three (3), Block Sixteen (16), in South Grand Island, City of Grand Island, Hall County, Nebraska The Real Property or its address is commonly known as 940 S PINE ST, GRAND ISLAND, NE 68801 -7945. The Real Property tax identification number is 400094126 FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest thereon. Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND