rn
<br />c
<br />n Z
<br />(No
<br />cri
<br />op
<br />Wsometimes as "Lender" and sometimes as "Beneficiary"); and BankFirst, whose address is 2710
<br />y L St, Ord, NE 68862 (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 />WHEN RECORDED MAIL TO:
<br />BankFirst
<br />Ord Location
<br />2710 L St
<br />Ord, NE 68862
<br />n
<br />cn
<br />fn
<br />c
<br />r
<br />FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $100,000.00.
<br />THIS DEED OF TRUST is dated July 30, 2020, among John L. Felton and Rebecca L. Felton,
<br />Husband and Wife, whose address is 717 Valley View Dr, Ord, NE 68862-1662 ("Trustor");
<br />BankFirst, whose address is Ord Location, 2710 L St, Ord, NE 68862 (referred to below
<br />Lot Eight (8), in Block Eight (8), in Koehler Place, an Addition to the City of Grand Island,
<br />Hall County, Nebraska
<br />The Real Property or its address is commonly known as 322 S. Oak Street, Grand Island, NE
<br />68801. The Real Property tax identification number is 400055570.
<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; however, in no event shall such future advances (excluding interest) exceed
<br />in the aggregate $100,000.00.
<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 />ON IN3WI1b1SNI SY 031131N3
<br />
|