CO
<br />es*
<br />cn
<br />1Ov211S9V •
<br />rn
<br />n
<br />C
<br />nv
<br />rri
<br />> v+
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Eddy Branch
<br />518 N Eddy St.
<br />PO Box 1507
<br />Grand Island, NE 68802
<br />nn
<br />r
<br />X
<br />0
<br />0
<br />r --
<br />7 --
<br />FOR
<br />-
<br />FOR RECORDER'S USE ONLY
<br />ifli
<br />FIVE POINTS BANK
<br />11 VIIIIIM IllElllnlllll I VA 1I I III IIVYIIIV VVIIIIIIIII
<br />*0000000001013160370340*
<br />iu
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated October 1, 2018, among JACK R ARMSTRONG, A SINGLE
<br />PERSON ("Trustor"); Five Points Bank, whose address is Eddy Branch, 518 N Eddy St., PO
<br />Box 1507, Grand Island, NE 68802 (referred to below sometimes as "Lender" and sometimes
<br />as "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 THREE (3), WEST HEIGHTS ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 415 WEST AVE, GRAND ISLAND, NE
<br />68801.
<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 />
|