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201706172
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Last modified
9/11/2017 4:03:29 PM
Creation date
9/11/2017 4:03:28 PM
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DEEDS
Inst Number
201706172
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WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Diers Branch <br />2009 N. Diers Ave. <br />PO Box 1507 <br />Grans! Island, NE 68802 <br />rnI 2.a <br />=ma <br />n N • <br />1 <br />0 <br />FIVE POINTS BANK <br />NIIIII IIIII IIIII IIIINIIN {I{N IIIfl IIIN lllll lllll lu000004ll {IIII NIII IIIII IIIII IIIII I II{ IIIII {11111ll lull lull {III IIII <br />*0000 -2961 4A 340* <br />t 4 <br />C..; <br />N <br />CO <br />rra <br />FOR RECORDER'S USE ONLY <br />/O/3o <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated August 31, 2017, among KODY HOOVER; A Single Person <br />( "Trustor "); Five Points Bank, whose address is Diers Branch, 2009 N. Diers Ave., PO Box <br />1507, Grand Island, NE 68802 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary "); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE <br />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 />Lot Twelve (12), Block Two (2), in West Bel Air Addition to the City of Grand Island Hall <br />County, Nebraska <br />The Real Property or its address is commonly known as 1710 BLAINE ST, GRAND ISLAND, NE <br />68803. The Real Property tax identification number is 400111403. <br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving <br />line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the <br />Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that <br />the total outstanding balance owing at any one time. not including finance charges on such balance at a fixed or <br />variable rate or sum as provided in the Credit Agreement, any temporary overages, other charges, and any amounts <br />expended or advanced as provided in this paragraph, shall not exceed the Credit Limit as provided in the Credit <br />Agreement. It is the intention of Trustor and Lender that this Deed of Trust secures the balance outstanding under the <br />Credit Agreement from time to time from zero up to the Credit Limit as provided in the Credit Agreement and any <br />intermediate balance. <br />
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