Laserfiche WebLink
WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Attn: Diers <br />PO Box 1507 <br />Grand Island, NE 68802 -1507 <br />111111111 <br />11 111111111 <br />� n <br />rn <br />-n c n = <br />n C7 <br />f'1 vl <br />r <br />FIVE POINTS BANK <br />II II II IIIIIIIIIII III II I II I II0111I IIIIIIIIIII IIIIIII IIIII IIIIIIIIIIIII <br />" 000000000101296876034007262016 <br />1111111 <br />r— l `� <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated July 26, 2016, among DT HOMES LLC ( "Trustor "); Five Points <br />Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island. NE 68803 (referred to <br />below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose <br />address is P.O Box 1507, Grand 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 />Lots Seven (7) and Eight (8), Block One Hundred Thirty Three (133), Koenig and Wiebe's <br />Addition to the City of Grand Island, Hall County, Nebraska. <br />The Real Property or its address is commonly known as 1104 & 1110 W CHARLES AND 316 <br />S LINCOLN, GRAND ISLAND, NE 668801. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to <br />Borrower whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed <br />of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan <br />to Borrower, 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 />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 />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS <br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />