|
WHEN RECORDED MAIL TO:
<br />GREAT WESTERN BANK
<br />Grand Island - Webb Rd
<br />700 N Webb Rd
<br />Grand Island, NE 68803
<br />Q —1
<br />COcam
<br />Cr: D
<br />77 o z --r
<br />•....., C•7 —A r -n
<br />,t7 7,c --1 -< Q
<br />rTiSJ N) c -n
<br />c-) cn CO -,1 z
<br />63 --1S M
<br />rn - -1:J r X
<br />X o : r n
<br />Cr) r (Ji
<br />CO :2C;
<br />_J
<br />rn CD
<br />rpt IV
<br />c
<br />C!)
<br />FOR RECORDER'S USE ONLY
<br />i
<br />i
<br />u
<br />n
<br />i
<br />II
<br />i
<br />i
<br />fi
<br />u
<br />V
<br />u
<br />i
<br />V
<br />V
<br />i
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $136,000.00.
<br />THIS DEED OF TRUST is dated October 28, 2019, among Cang V Nguyen, a single person,
<br />whose address is 3203 Memphis PI, Grand Island, NE 68803 ("Trustor"); GREAT WESTERN
<br />BANK, whose address is Grand Island - Webb Rd, 700 N Webb Rd, Grand Island, NE 68803
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Great Western
<br />Bank , whose address is 700 N Webb Rd, Grand Island, NE 68803 (referred to below as
<br />"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 South Seventy Feet (70') of the East Half (E112) of Block Two (2) of Pleasant Home
<br />innosi Subdivision of Part of E1/2 of SE 1 /4 of Section 21, Township 11 North, Range Nine (9)
<br />West of the Sixth P.M., Hall County, Nebraska.
<br />I-
<br />ar+'t The Real Property or its address is commonly known as 1224 S Eddy Street, Grand Island, NE
<br />68801. The Real Property tax identification number is 400078082.
<br />CROSS -COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br />C"i plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor
<br />P4'1 or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br />Con 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 />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs,
<br />replacements, and maintenance necessary to preserve its value.
<br />
|