WHEN RECORDED MAIL TO:
<br />First National Bank of Omaha
<br />Branch #070 - Grand Island Branch
<br />810 Allen Dr
<br />Grand Island. NE 68803
<br />-
<br />- rn
<br />=el Cr' '`
<br />el
<br />0
<br />D
<br />CD
<br />FOR RECORDER'S USE ONLY
<br />0 First National Bank
<br />IINVIM11IGNIIMVIIIIIIWIIVYI11IIIIIYIIillq11)YMYIYUIIMIInnIRI1101VYII
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $104,000.00.
<br />THIS DEED OF TRUST is dated August 31, 2018, among MTR PROPERTIES, L.L.C., whose
<br />address is 2026 N Sheridan Ave, Grand Island, NE 68803; Gregory L Geis, whose address is
<br />2203 N Lafayette St, Grand Island, NE 68803 and Sandie S Geis, whose address is 2203 N
<br />Lafayette St, Grand Island, NE 68803; Husband and Wife ( "Trustor "); First National Bank of
<br />Omaha, whose address is Branch #070 - Grand Island Branch, 810 Allen Dr, Grand Island, NE
<br />68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and First
<br />National Bank of Omaha , whose address is 810 Allen Dr. , Grand Island , NE 68801 (referred
<br />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 o the real property, including without
<br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real P roperty) located in Hall C ounty,
<br />State of Nebraska:
<br />The Northerly 107 Feet of the Westerly 125 Feet of Lot Four (4), Block One (1), Ingalls -
<br />Turner Sub - Division, Village of Cairo, Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 517 W Egypt, Cairo, NE 68824. The
<br />Real Property tax identification number is 400169355.
<br />CROSS - COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br />plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor
<br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br />absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others,
<br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br />may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay such amounts
<br />may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor
<br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust
<br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to
<br />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 />interest in and to all present and future leases of the Property and all Rents from the Property. In addition, Trustor
<br />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS
<br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all
<br />amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of
<br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the
<br />Property shall be governed by the following provisions:
<br />
|