|
Y
<br />RECORDATION REQUESTED BY:
<br />EXCHANGE BANK
<br />P.O. BOX 760
<br />14 LABARRE
<br />GIBBON, HE 66640 -0760
<br />WHEN RECORDED MAIL TO:
<br />EXCHANGE BANK
<br />P.O. BOX 760
<br />14 LABARRE
<br />GIBBON, NE 66640 -0760
<br />;a
<br />M
<br />M
<br />'11� OW10009
<br />n
<br />c a
<br />=
<br />c
<br />i
<br />-t
<br />N
<br />� _
<br />v
<br />o
<br />t�
<br />M i •`�
<br />N
<br />'Tt Z
<br />o
<br />�
<br />o
<br />� c
<br />x rn
<br />rnrn z
<br />o
<br />r m
<br />•
<br />C'
<br />'n Q7
<br />�
<br />Q0
<br />C7
<br />"0
<br />M ,
<br />O
<br />s
<br />M 3
<br />0
<br />(n r-•
<br />r:a
<br />W
<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />Q OF TWST
<br />"` -OF TRUST IS A CONSTRUCT -SECURITY AGREEMENT
<br />WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br />THIS DEED OF TRUST IS DATED JUNE 9, 2000, among THE MEADOWS APARTMENT HOMES, L.L.C., A
<br />NEBRASKA LIMITED LIABILITY COMPANY, whose address Is PO BOX 1399 GRAND ISLAND, NE 68802
<br />(referred to below as "Tr4stor "); EXCHANGE BANK, whose address Is P.O. BOX M, 14 LABARRE, GIBBON,
<br />NE 68840 -0760 (referred to below soaaaWnea ss "Lender" and sometimes se "Benef ley "); and EXCHANGE
<br />BANK, whose address Is P.O. BOX 760 GIBBON, NEBRASKA 48840-0760 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valu6bte conslderaGon, Truetor conveys to Trustee In trust, WITH POWER OF SALE, for the beneAt of
<br />Lender as Benetklery, all of Trustoes rbid, title, and Interest in and to the following described real property, together with all existing or
<br />subsequently arected or affixed buildings, improvements and ttxtures; all easements, rights of way, and appurtenances; all water, owa�terr rights and
<br />bout (Including d minerals, oil gas, herrn al and Irrigation matters, 10C�il�l 'HT2 tMy� State of Nelxasaia (thel�"Re2
<br />Property "):
<br />LOTS THREE (3) AND FOUR (4), OAKWOOD SUBDIVISION, IN THE CITY OF BRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />G
<br />The Real Property or its address Is commonly known as CURRAN COURT, GRAND ISLAND, NE 68803.
<br />Trustor presently assigns to Lender (also known as Beneficiary In this Dead of Trust) all of Trustor's right, tips, and interest in and to all present and
<br />future leases of the Property and all Rents from the Property. In addition, Trustor grants Lender a Uniform Commercial Code security interest in the
<br />Rents and the Personal Property defined below.
<br />11110""oNS the iofio wwww* shah tisve the fallowing meanings when used in this Deed of Trust. Terms
<br />Trust shall hriye,the meanings attributed tq such terms in the Vpffprrp t ommercial Coclsr, k;efersnces ±o d01!ar- atr+Dunls s1+aN -M Mn err�ounts in
<br />lawful money of the United $fates of America.
<br />Beneficiary. The word "Beneficiary" means EXCHANGE BANK, its successors and assigns. EXCHANGE BANK also is referred to as "Lender"
<br />In this Deed of Trust.
<br />Deed of Trust. The words 'Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and includes without limitation all
<br />assignment and security interest provisions relating to the Personal Property and Rents.
<br />Guarantor. The word "Guarantor" means and Includes without limitation any and all guarantors, sureties, and accommodation parties In
<br />connection with the Indebtedness.
<br />Improvements. The word "Improvements" means and includes without limitation all existing and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Property, facilities, additions,.repiamments and other construction on the Real Property.
<br />Indebtedness. The word "Indebtedness" means all principal and Interest payable under the Note and any amounts expended or advanced by
<br />Lender to discharge obligations of Trustor or expenses Incurred by Trustee or Lender to enforce obligations of Trustor under this Deed of Trust,
<br />together with Interest on such amounts as provided in this Deed of Trust.
<br />Lender. The word "Lender" means EXCHANGE BANK, its successors and assigns.
<br />Note. The word "Note" means the Note dated Am 9, 2000, In the principal smount of $5W,000.00 from Trustor and any
<br />cosigners to Lender, together with all renewals, egliprulons, mpolt;catians, refinancings, and substitutions for the Note. The maturity date of this
<br />Deed of Trust Is November its, 2016. CONTAINS A VARIABLE INTEREST RATE.
<br />M
<br />c a
<br />-t
<br />N
<br />a
<br />rn
<br />� O
<br />o
<br />t�
<br />O
<br />N
<br />'Tt Z
<br />o
<br />x rn
<br />ace
<br />o
<br />r m
<br />CD
<br />Q0
<br />O
<br />s
<br />SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br />Q OF TWST
<br />"` -OF TRUST IS A CONSTRUCT -SECURITY AGREEMENT
<br />WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br />THIS DEED OF TRUST IS DATED JUNE 9, 2000, among THE MEADOWS APARTMENT HOMES, L.L.C., A
<br />NEBRASKA LIMITED LIABILITY COMPANY, whose address Is PO BOX 1399 GRAND ISLAND, NE 68802
<br />(referred to below as "Tr4stor "); EXCHANGE BANK, whose address Is P.O. BOX M, 14 LABARRE, GIBBON,
<br />NE 68840 -0760 (referred to below soaaaWnea ss "Lender" and sometimes se "Benef ley "); and EXCHANGE
<br />BANK, whose address Is P.O. BOX 760 GIBBON, NEBRASKA 48840-0760 (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valu6bte conslderaGon, Truetor conveys to Trustee In trust, WITH POWER OF SALE, for the beneAt of
<br />Lender as Benetklery, all of Trustoes rbid, title, and Interest in and to the following described real property, together with all existing or
<br />subsequently arected or affixed buildings, improvements and ttxtures; all easements, rights of way, and appurtenances; all water, owa�terr rights and
<br />bout (Including d minerals, oil gas, herrn al and Irrigation matters, 10C�il�l 'HT2 tMy� State of Nelxasaia (thel�"Re2
<br />Property "):
<br />LOTS THREE (3) AND FOUR (4), OAKWOOD SUBDIVISION, IN THE CITY OF BRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />G
<br />The Real Property or its address Is commonly known as CURRAN COURT, GRAND ISLAND, NE 68803.
<br />Trustor presently assigns to Lender (also known as Beneficiary In this Dead of Trust) all of Trustor's right, tips, and interest in and to all present and
<br />future leases of the Property and all Rents from the Property. In addition, Trustor grants Lender a Uniform Commercial Code security interest in the
<br />Rents and the Personal Property defined below.
<br />11110""oNS the iofio wwww* shah tisve the fallowing meanings when used in this Deed of Trust. Terms
<br />Trust shall hriye,the meanings attributed tq such terms in the Vpffprrp t ommercial Coclsr, k;efersnces ±o d01!ar- atr+Dunls s1+aN -M Mn err�ounts in
<br />lawful money of the United $fates of America.
<br />Beneficiary. The word "Beneficiary" means EXCHANGE BANK, its successors and assigns. EXCHANGE BANK also is referred to as "Lender"
<br />In this Deed of Trust.
<br />Deed of Trust. The words 'Deed of Trust" mean this Deed of Trust among Trustor, Lender, and Trustee, and includes without limitation all
<br />assignment and security interest provisions relating to the Personal Property and Rents.
<br />Guarantor. The word "Guarantor" means and Includes without limitation any and all guarantors, sureties, and accommodation parties In
<br />connection with the Indebtedness.
<br />Improvements. The word "Improvements" means and includes without limitation all existing and future improvements, buildings, structures,
<br />mobile homes affixed on the Real Property, facilities, additions,.repiamments and other construction on the Real Property.
<br />Indebtedness. The word "Indebtedness" means all principal and Interest payable under the Note and any amounts expended or advanced by
<br />Lender to discharge obligations of Trustor or expenses Incurred by Trustee or Lender to enforce obligations of Trustor under this Deed of Trust,
<br />together with Interest on such amounts as provided in this Deed of Trust.
<br />Lender. The word "Lender" means EXCHANGE BANK, its successors and assigns.
<br />Note. The word "Note" means the Note dated Am 9, 2000, In the principal smount of $5W,000.00 from Trustor and any
<br />cosigners to Lender, together with all renewals, egliprulons, mpolt;catians, refinancings, and substitutions for the Note. The maturity date of this
<br />Deed of Trust Is November its, 2016. CONTAINS A VARIABLE INTEREST RATE.
<br />
|