201701064 - Laserfiche WebLink

Browse

rn � m I�] � � rnm � y rn o �� rn � rn i �o rn �1 �C � � o �z � rn Z� � � � o z� � m �z � � � G7� � � �� z �� � rnm rn � _� � � c� o � y cn � c �� �� rn �� .� z o� � � � 0o z � WHEN F�EG�RDED 11llAIL TC]: Heart�and Bank Has�ings Branch 374'! flstaarne Dr West Has�in s, NE 689Q'� FDR REC�RDER'S USE�NLY DEED �F TRUST 11IiAXIMU�II L�EN. The I�en of th�s Deed vf Trust �haI[ not exceed at any one time $��fl,�nD.��. THIS DEED C�F TRUST is dated February ��, ��7, among �harles R �hristensan, whose address is 3� I�uester Lake, Grand island, NE �B�D'[; 5ing�e Person�s� �"Trustor"}; Heartland Bank, ►rvhvse address is Hastings Branch, 370� 4sbarne Dr West, Hastings, NE �89�7 �referred ta below svmetimes as "Lender" and samet�mes as rr genef��iary"�; and HEARTLAND �ANK, whvse address is �9� G �t., Gene�a, NE �83�'I �referred ta be[vw as "Trustee"�. C�NVEYANGE AND GRANT. For valuab[e consideration, Trustor conveys ta Trustee 'rn trus��VV1TH P�VIrER QF SALE, fvr the bene�it o� Lender as Benefi�iary, a�l a�Trustor's right, t��e, and interest in and to the �ol�ov�ing desGribed real properry, together with ail exisfiing or subsequen�[y erected ar affixed bui[d�ngs, impro�emen�s and �ixtures; a�l easements, rights ofi �ivay, and appurtenances; ai� water, vuater rights and d�tGh rights �in�Iudin� stock in utilit�es with di�ch ❑r irrigation rights}; and a�� other rights, royal�ies, and profit� refa�ing ta the rea� property, including without Iimita�ian all minerals, vi[, gas, geo�herma� and simi�ar matters, {�he "Reai Property*'} [ocated �n Ha�l Gaunty, State flf Nehraska: Lot Sixty-Three �63} in Buenav�sta Subdi�ision, an Additio� �o the City of Grand ls[and, Hall Countyr Nebraska The Rea[ Prvperty or its address is common[y knv�nrn as 42g E South 5t, Grand lsiand, NE 6$$Q'1. The Real Property tax ident�fication numher �s 4D��734�. FUTURE ADVANCES. ln additian to the Note,this Deed o�Trust secures aII future ad�ances made by Lender to Trusfior whefiher ❑r not the ad�ances are made pursuant ta a commitment. Speci�ica�ly, without �imitatFon, �his Qeed o�Trust secures, in addi�ion �o the amaunts speGi�ied in the Na�e, all �uture amounts Lender in its d�s�retian may loan fa Trustor, �og��her v�rith al! interest�hereon, however, in nv e�en�shall such �uture ad�ances �exc�uding in��res�} �xceed in fihe aggregate $12�,�UD.�a. Trus�or present�y assigns to Lender �aisa known as Bene��cia�y in this Qeed of Trust� a�� af Trusfior's right, titIe, and in�erest in and tv al� presen� and �uture Ieases o� the Properry and all Rents �rom the Property. f n addi�ion, Trus�or grants to Lender a Uni�Form Commercial Code security interest in the Persana[ Property an d �ents. TH[5 DEED pF TRUSTr INCLUDING THE�45SIGNMENT �F RENTS AND THE SEGUR[TY �NTEREST IN THE RENTS AND PERS�NAL PF�OPERTY, [5 G1VEN TD SECURE �A} PAY11llENT �F THE 1NDEBTEDNESS AND {B] PERF�F�l1liANGE �F ANI� AND ALL �BL[GAT1aNS UNDER THE NUTE, THE FiELATED DQCU11lIENTS. AND TH[S DEED aF TFiUST. TH15 DEED QF TF�UST IS GIVEN AND ACCEPTED QN THE FOLLQ1NiNG TEFiMS: PAYMENT AND PERF�RMANCE. Except as o�herwise provided in �his Deed of Trust, Trus�or shaiI pay to Lender a�� amoun�s secured by this Deed o� Trusfi as they become due, and shall s�ric�ly and Fn a timely manner perform all ❑f Trust�r`s obligations under the Nate,this Deed o�F Trus�, and�he Rela�ed Documents. P�SSESSION AND MAINTENANCE �F THE PRQPERTY. Trus�or ag�-ees �hat Trus�or's passession and use a� the Properry shal[ be gvverned by�he failawing prov�s�ons: Pvssession and Use. Un�il �he occurrence o� an E�en� a� Default, Trustar may ��} remain in possession and control o�the Proper�y: {2] useF operate ar manage the Praperty; and �3} cvlfec�the Rents fram�he Property. Duty #o Maintain. Trustor sha!! main�ain the Property in good condition and promptly perfarm aII repairsr replacements. and maintenan�e necessary�❑ preser�e its vaIue. Comp[iance 1Nith Envzronmen�a[ Laws. Trustar represents and warrants to Lender that: ��} During the period ❑f Trustar`s ownership o�the Property,there has been n❑ use, genera�ian, manufacfiure, storage,treatment, disposal, release ar �hreatened release ❑� any Hazardaus Substance by any person on, under, abau� or�r�m �he Propertyr ��} Trustor has no knavv[edge ❑ff or reasvn �o be�ieve �hat there has been, excep� as pre�iously disclased to and acknawledged by Lender in v+rri�ing, �a� any breach or vialation ❑� any En�ironmen�af Lavrrs, �b� any use, genera�tion, manufacturer starage, treatment, d�sposaI, release or threa�ened release ❑fi any Hazardous Substance on, under, ahout ❑r from the Property hy any prior owners or occupants af the Pr.operty, or {�� any actua[ ar threatened Iitigativn ar cIaims �� any kind by any persnn rela�ing to such matters; and �37 Except as previausly discIosed�o and acknowIedged by Lender in wrFting, {a� neither Trustor nor any tenant, cnntractor. agent ar a�her autharized user of the Proper�ty shall use, generate, manu�actu�e, store, �reat, dispose ❑f or release any Hazardous 5ubs�ance❑n, under, about vr�rom�he Prvperty; and �b} any such activity shall be Gonduc�ed in complian�e v►rith ai� applicable �ederal, s�ate, and lacal lav►rs, regulations and vrdinance�, including without �imitation a�I En�iranmental Laws. Trustvr authvr�zes Lender and i�s ag�nts to enter u�vn th� Property to make such inspectians and tests, at Trustor's expense, as Lender may deem apprapria�e �o determine camp�iance o� the Prvperty �vith this sec�ion of the De�d of Trust. Any inspections or fies�s made by Lender shaf[ be far Lender's purposes only and shal� not be canstrued t❑ create any responsibi�i�y ar liabififiy vn�he part of Lender ta Trustor❑r .