|
rn
<br /> m I�] � �
<br /> rnm � y rn
<br /> o �� � � �rn � rn
<br /> a� �o rn � �C p �
<br /> o �z � C Z� � �
<br /> � �c� � r �z �7 cn
<br /> � �� � � �rn � z
<br /> �� orn � �� � �
<br /> rnm rn � _� � �
<br /> rn c� o � y cn C� c
<br /> �� � � �
<br /> �� rn
<br /> oa o � �.�
<br /> o� G� � �
<br /> � � Z
<br /> �
<br /> IrVHEN REC�R�E1] �PI►�IL T�:
<br /> First Na#ivnal Bank af�maha
<br /> Branch#O7� -Grand Island Branch
<br /> 8'1 D Allen !3r
<br /> �rand fsland NE G 8 S a 3 FQR REC�RDER'S USE pN LY
<br /> � i .
<br /> ��� � ���� ��
<br /> � �$4oa7�7���6�
<br /> �EED �F TRUST
<br /> IVIAX�MUM L1EN, The lien �f this !]eed af Trust sha�l not exce�d at any ane time $'17�,8DO�p[i�
<br /> THIS DEED �F TRU�T is da�ed J��y �7, �I]'I C, am�ng �yle G. Hai�n and Bet�y J. Holenr wha�e
<br /> addr�ss is 1'I� W��nd St, �rand �s�and, ME �88D'I �"Trustor"�; First IVational Bank of�mah�,
<br /> whase address �s Branch #�7� - Grand lsland Branch, 81� A[len ar, �rand Island, NE �88�3
<br /> {ref�rred ta �el�w �orr�e�im�s a� "Lender" and so�n��imes as "Benef�c�ary"�; and Firs� Na�ion�l
<br /> Bank �f�maha , wh�se address is S'!� A�len Dr. , Grand Island , NE fi$8�'I �referred to belo►w
<br /> as "Trustee"'}.
<br /> C�I�VEYANCE AND GRANT. For valuab�� consid�ratian, Trustar cvnveys to Trustee 'rn trust,WITH P�WER�F SALIE,
<br /> for the henefit o� Lender as genef�c�ary, al� af Trustvr's �igh�, ti�le, and interest in and to �he fallvwing described reaf
<br /> prape�ty, together with afl existing vr subsequ�ntly erec�ed or affixed buildings, impro�ements and fixtures; afl
<br /> easements, �ights af way, and appurtenances; al� ►nra�er, water rights and dit�h rights �includ�ng s#vck in u�ilities with
<br /> ditch o� irrigatian rights}; and ali o�h�r rights, �-oya���es, and profits relatin ta the real proper�, including withou�
<br /> limita�ion afl minerafs, oil, gas, geo#hermaf and similar mattersr �the °'Rea� �r�pet"� " IDC���d �n Ha�l Coun
<br /> State af N�braska:
<br /> y � t�r,
<br /> Lot Eight �8�, B1�ck Three �3}, Kn�ckrehm Fau�kh Addrfiian �o the Ci�y of �rand �sfand, Hall
<br /> Caunty, Nebraska
<br /> The Reai Prvperty vr its �ddres� �s commoniy known as 7'1� '4N ��r�d �t, Grand �sland, N�
<br /> fS��'�.
<br /> FUTLIRE ADVANCES. ln addition to the Note, this I]eed of Trust secures alf future ad�ances made by Lender �o
<br /> Borrow�r wh�ther vr not the ad�ances are made pursuant ta a commitment. Specifical�y, withnut �imitation, this Deed
<br /> o�Trust secu�es, in additivn ta #he amounts specified in �he Note, all future amounts Lender in its discretion may �nan
<br /> to Borrower,together wi�h alf interest�hereon.
<br /> Trustvr presen��y ass�gns to Lender 4also knawn as B�neficiary in this Deed afi Trust} al� of Trustor's righ�, titl�, and
<br /> interest in and �o af] p�esent and future leases a�th� Proper�y and al� Renfs from the Praperty. �n add�tion, Trus�ar
<br /> grants to Lender a Uni�orm Comme�cia�Gode security interes�in the Persanaf Property and Rents.
<br /> TH15 DEE❑QF TRUST, �NGLUDIlV�THE ASSIGNIV�EIVT�F RENTS AND THE SECURITY INTEREST�N THE RENTS AND
<br /> PERS�3N►�L PR�PERTY, 15 GIVEN T� SECURE {A} P�YMENT aF THE 11VDEBTEDNE55 AND �B3 PERFQRMANCE�F
<br /> ANY AND ALL �BLIGATIQNS UN�]ER THE N�TE, THE RELaTED D�CIJIVIENTS, AND TH1S DEED �F TRUST. THIa
<br /> DEED QF TRUST IS G�11EN AND ACCIEPTED�N THE FC�LL�WIfVG TERMS:
<br /> TRUST�R'S REPR,ESENTATI�NS AND VtiIA{RRANTlES, Trus�or warrants tha�: {a� �his Deed af Trust is executed ��
<br /> Barrawer's request and not at�he reques�❑f Lender; �b} Trustar has the€ull power, right, and authori�r to en�er intc�
<br /> �h is Deed o�F Trust and �o hypothe�a�e �h e Property; (c} �h e pro�is�ans of th is Deed of Trust dv n ot co n�l i ct w i�h, ar
<br /> result in a default under any agreement v�vther instrument binding upon Tn.�stvr and do nat resuit in a viv�atian of any
<br /> �aw, regulativn, court decree ❑r❑rder appl�cable tv Trustor; �d} Trusfo�has established adequate means Qf ab�aining
<br /> frvm Borrawer an a �vntinuing basis inf�rmation abvut Borro�ver's finan�ial �nnditian; and �e� Lender has made na
<br /> representa�ion to Trustvr about Borrvwer�including withaut limi�ati�n the cred��wvrthiness vf Barrower}.
<br /> TRUST�R'S�VAIVERS. Trustor wai�es alf rights vr def�nses arising by reason❑f any'"vne a�tian"ar'"anti-deficiency"
<br /> law, o� �ny o�her law which may pre�ent Lender �rram bringing any ac�ion against Trustor, including a claim for
<br /> defic�ency to the ex�ent Lender is atherwise en�i�led�a a claim for deficiency, before ar after Lender's commencemen�
<br /> ar complefiion a�F any fvreclosur�a�tivn,eithe�-jud�cial�y�ar by ex�r�ise vf a power c�f sa�e.
<br /> PAYMENT AND PERFDRiVIANCE, ExG�pt as❑therwise pro�ided in this Deed❑f Trust, Barrower-sha�� pay to Lender al�
<br /> Indebfiedness secured by this Deed ❑� Trust as �t becomes due, and Barrawer and Trustor shall perform all �heir
<br /> respeGti�e ab�igativns under the 1Vote,this Deed o�Trust,and�he Rela�ed Documen�s.
<br /> PDSSES5IQN AND IVIAiNTENANGE QF TIHE F'RQPERTV. Bvrrower and Trustor agree tha� 6arrower's and Trustvr'�
<br /> possession and use a��he Prvper�y sha�l be g��erned by the f�llowing p�-ovisions:
<br />
|