201800758 - Laserfiche WebLink

Browse

WHEN RECORDED MAIL TO: Five Points Bank 0 Diers Branch 2009 N. Diers Ave. PO Box 1507 Grand Island. NE 68802 FIVE POINTS BANK 11 11111111111110111111110 1111111111111111111111111101111111111 *0000000001013089480340* Cr1 C..) CONSTRUCTION DEED OF TRUST THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT cr1 <n FOR RECORDER'S USE ONLY THIS DEED OF TRUST is dated February 5, 2018, among CASEY CLAUSEN and ASHLEY CLAUSEN; Husband and Wife ( "Trustor "); Five Points Bank, whose address is Diers Branch, 2009 N. Diers Ave., PO Box 1507, Grand Island, NE 68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE 68802 -1507 (referred to below as "Trustee "). CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real pro including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property) located in HALL County, State of Nebraska: Lot One (1), Grand Island Farmstead Project Fourth Subdivision, Hall County, Nebraska. The Real Property or its address is commonly known as 3543 FARMSTEAD RD, GRAND ISLAND, NE 68801. The Real Property tax identification number is 400210932. FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest thereon. Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.