Laserfiche WebLink
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 />II <br />m <br />-n <br />Z <br />Z <br />trin•• <br />Tom= <br />n `C <br />Cr) r_c CD -H <br />� c <br />C.7 ›- <br />Xr CJ) ▪ —1 <br />r-ry ---1 rrn <br />-w -<` <br />rr xt c -r, <br />(f) - -I• (l <br />-I rri <br />a E - "L7 <br />r— <br />CD 3 r- n <br />ca r- v, <br />-r1 o W 7C <br />FOR RECORDER'S USE ONLY <br />0 First National Bank <br />uu <br />1101 IHI 1 <br />i <br />1 REM <br />IID IIH III II III 11II 11II 11II U U Hill DI I I IH Il0 II0 1101 ID III ID <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $70,400.00. <br />THIS DEED OF TRUST is dated September 5, 2019, among Michael R Wagoner, whose address <br />is 407 W 16th Rd, Phillips, NE 68865 and Lorna D Wagoner, whose address is 407 W 16th <br />Rd, Phillips, NE 68865; Husband and Wife ("Trustor"); First National Bank of Omaha, whose <br />address is Branch #070 - Grand Island Branch, 810 Allen Dr, Grand Island, NE 68803 (referred <br />to below sometimes as "Lender" and sometimes as "Beneficiary"); and First National Bank of <br />�) Omaha , whose address is 810 Allen Dr. , Grand Island , NE 68801 (referred to below as <br />"Trustee"). <br />• <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, <br />W for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real <br />to 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 />XI ditch or irrigation rights); and all other rights, royalties, and profits relatingto the real property, includingwithout <br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real roperty") located in Hall ounty, <br />Ci State of Nebraska: <br />--I <br />Lot Six (6), except the East Thirty Eight and One -Half Feet (38 1/2'), Block Eleven (11), <br />Arnold and Abbott's Addition to the City of Grand Island, Hall County, Nebraska. <br />The Real Property or its address is commonly known as 918 W 3rd St., Grand Island, NE <br />68801. The Real Property tax identification number is 400009196. <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 />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and <br />ON 1N3Wf1I1SN <br />