Laserfiche WebLink
WHEN R CO DED MAIL TO: <br />PINNA L BANK <br />CENTR CITY OFFICE <br />320 G <br />PO X <br />CE TRAL ITY, NE 68826 <br />PARCEL A: <br />PARCEL B: <br />PARCEL C: <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated April 15, 2016, among C & S GROUP, LLC, a Nebraska Limited <br />Liability Company, whose address is 4083 NORTHVIEW DR, GRAND ISLAND, NE 68803 -3825 <br />( "Trustor "); PINNACLE BANK, whose address is CENTRAL CITY OFFICE, 320 G ST, PO BOX <br />28, CENTRAL CITY, NE 68826 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary "); and PINNACLE BANK, whose address is 320 G STREET; PO BOX 28, CENTRAL <br />CITY, NE 68826 (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 1, Block 9, Schimmer's Addition to the City of Grand Island, Hall County, Nebraska. <br />(1324 N Walnut Street, Grand Island, NE 68801) <br />Fractional Lot 2, in Fractional Block 14, in Ashton Place, an addition to the City of Grand <br />Island, Hall County, Nebraska; ALSO the Westerly 51 feet of the Easterly 105 feet of <br />Fractional Block 21 of Baker's Addition to the City of Grand Island, Hall County, Nebraska, <br />which last described property in Fractional Block 21, in baker's Addition taken with <br />Fractional Lot 2, in Fractional Block 14, of Ashton Place, make a rectangular tract of ground <br />having a frontage of 51 feet on Second Street, and extending in a Southeasterly direction <br />140 feet, as surveyed, platted and recorded. <br />(2607 W 2nd Street, Grand Island, NE 68803) <br />Lot 16, Block 1, College Addition to West Lawn in the City of Grand Island, Hall County, <br />Nebraska. <br />(1818 Cottage Street, Grand Island, NE 68803) <br />The Real Property or its address is commonly known as 1324 N WALNUT STREET, GRAND <br />ISLAND, NE 68801; 2607 W 2ND STREET, GRAND ISLAND, NE 68803; 1818 COTTAGE <br />STREET, GRAND ISLAND, NE 68803. <br />CROSS - COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, <br />plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor <br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, <br />absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others, <br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <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 />N <br />CD <br />Cr) <br />C) <br />N <br />N <br />1-' <br />