Laserfiche WebLink
WHEN RECORDED MAIL TO: <br />CORNERSTONE BANK <br />Grand Island Main Facility <br />840 North Diers Avenue <br />Grand Island, NE 68803 <br />N <br />C7 <br />FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated May 14, 2018, among Bonsack Land Company LLC, whose <br />address is 169 Mead Rd, Dannebrog, NE 68831 -3153; A Nebraska Limited Liability Company <br />( "Trustor "); CORNERSTONE BANK, whose address is Grand Island Main Facility, 840 North <br />Diers Avenue, Grand Island, NE 68803 (referred to below sometimes as "Lender" and <br />sometimes as "Beneficiary "); and CORNERSTONE BANK, whose address is 529 LINCOLN <br />AVENUE, YORK, NE 68467 (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 County, <br />State of Nebraska: <br />The North Half of the Southeast Quarter (N1/2 SE1/4) and the Southeast Quarter of the <br />Southeast Quarter (SE1 /4 SE1 /4) of Section Two (2), Township Ten (10) North, Range <br />Eleven (11) West of the 6th P.M., in Hall County, Nebraska <br />The North Half of the Northwest Quarter (N1/2 NW 1 /4) of Section Twenty -One (21), in <br />Township Eleven (11) North, Range Twelve (12 ) West of the 6th P.M., and The South Half <br />of the Northwest Quarter (S1/2 NW 1 /4) of Section Twenty -Three (23), Township Eleven <br />(11) North, Range Twelve (12) West of the 6th P.M., in Hall County, Nebraska <br />The Northwest Quarter of the Northwest Quarter (NW1 /4 NW1 /4) of Section Twenty Three <br />(23), Township Eleven (11) North, Range Twelve (12), West of the 6th P.M., in Hall <br />County, Nebraska <br />The North Half of the Northwest Quarter (N1/2 NW1 /4) of Section Twenty- Three (23), <br />Township Ten (10) North, Range Eleven (11) West of the 6th P.M., Hall County Nebraska <br />Lots 1, 2, 3 and 4 of White Pine Subdivision, Hall County Nebraska <br />The Northwest Quarter of the Southeast Quarter of the Southwest Quarter (NW1 /4 SE1 /4 <br />SW1 /4) and the East Half of the Southeast Quarter of the Southwest Quarter (E1/2 SE1 /4 <br />SW1 /4) and the Southwest Quarter of the Southeast Quarter (SW1 /4 SE1 /4) all in Section <br />Twenty -Three (23), Township Eleven (11) North, Range Twelve (12), West of the 6th P.M., <br />in Hall County, Nebraska, subject to public roads, existing boundaries and any utility <br />easements and right -of -way. <br />The Real Property or its address is commonly known as Several parcels' in Hall County, <br />Nebraska, NE. <br />CROSS - COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, <br />plus interest thereon, of either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by <br />Lender against Borrower and Trustor or any one or more of them, whether now existing or hereafter arising, whether <br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Trustor <br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or <br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of <br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to <br />Borrower or Trustor whether or not the advances are made pursuant to a commitment. Specifically, without limitation, <br />this Deed of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion <br />may loan to Borrower or Trustor, 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 />