|
1Oy2l1SOV 'I'J
<br />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 />17 1
<br />FOR RECORDER'S USE ONLY
<br />�fnbo
<br />11E0 Noy 11 mil
<br />11
<br />i
<br />11
<br />iu
<br />II0 1
<br />u
<br />1
<br />111
<br />* 584008182020*
<br />0lI
<br />110101011
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $184,500.00.
<br />made as of
<br />THIS DEED OF TRUST is t August 18, 2020, among TECHNOLOGY HOUSE LLC an
<br />Wyoming Limited Liability Company, whose address is 30 N Gould Ste R, Sheridan, WY 82801
<br />("Trustor"); First National Bank of Omaha, whose address is Branch #070 - Grand Island
<br />Branch, 810 Allen Dr, Grand Island, NE 68803 (referred to below sometimes as "Lender" and
<br />sometimes as "Beneficiary"); and First National Bank of Omaha , whose address is 810 Allen
<br />Dr. , Grand Island , NE 68801 (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 relatingto the real property, including without
<br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real roperty") located in Hall County,
<br />State of Nebraska:
<br />The North Fifty (50) Feet of Lot Fifteen (15) and The North Fifty (50) feet of that Portion of
<br />Lot Fourteen (14), County Subdivision of the West Half of the Southwest Quarter
<br />(W1/2SW1/4) lying West of South Pine Street, all being in Section Fifteen (15), Township
<br />Eleven (11) North, Range Nine (9) West of the 6th P.M., in the City of Grand Island, Hall
<br />County, Nebraska EXCEPTING a certain tract deeded to the Citydrtore
<br />particularly described in Deed recorded in Book 164, Page 375. *of Grand Island
<br />The Real Property or its address is commonly known as 639 & 640 S Pine Street, Grand
<br />Island, NE 68801.
<br />CROSS -COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br />plus interest thereon, of either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Trustor or any one or more of them, whether now existing or hereafter arising, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to
<br />Borrower or Trustor whether or not the advances are made pursuant to a commitment. Specifically, without limitation,
<br />this Deed of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion
<br />may loan to Borrower or 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at
<br />Borrower's request and not at the request of Lender; (b) Trustor has the full power, right, and authority to enter into
<br />
|