Laserfiche WebLink
WHEN RECORDED MAIL TO: <br />Five Points Bank 20030142; <br />' <br />North Branch <br />2016 Nort BrOatlwell <br />Grand I tl NE 69903 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 $250,000.00. <br />r, <br />THIS DEED OF TRUST is dated December 31, 2002, among HEHNSON LLC; A LIMITED LIABILITY COMPANY <br />( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, NE <br />68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, <br />whose address is P.0 Box 1507, Grand Island, NE 68802 -1507 (referred to below as "Trustee ") <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or <br />subsequently erected or affixed buildings, Improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property including <br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property') located In HALL County, State Of <br />Nebraska: <br />See SEE EXHIBIT A, which is attached to this Deed of Trust and made a part of this Deed of Trust as if <br />fully set forth herein. <br />The Real Property or its address is commonly known as NORTH WEBB RD, GRAND ISLAND, NE 68803. <br />CROSS- COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest thereon, of <br />Borrower to Lender, or any one or more of them, as well as all claims by Lender against Borrower or any one or more of them, whether now <br />existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, <br />direct or Indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Borrower or Trustor may be liable <br />individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such <br />amounts may be or hereafter may become bared by any statute of limitations, and whether the obligation to repay such amounts may be or <br />hereafter may became otherwise unenforceable. <br />FUTURE ADvANCES. Spsenceily, without iimiburon, this Deed of Trust secures, in addition to lire amounts specified in lien Note, it future <br />amounts Lender in its discretion may loan to Borrower, together with all interest thereon; however, in no event shall such future advances <br />(excluding interest) exceed in the aggregate $250,000.00. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present <br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security <br />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 PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS <br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at Borrower's request and not <br />at the request of Lender; fb) Truster has the full power, right, and authority to anter into this Deed of Trust and to hypothecate the Property; (c) <br />the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument binding upon Trustor and <br />do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Theron has established adequate means of <br />obtaining from Borrower on a continuing basis information about Borrowers financial condition; and (e) Lender has made no representation to <br />Trustor about Borrower ( including without limitation the creditworthiness of Borrower). <br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "ant-deficieney" law, or any other law <br />which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise entitled to a <br />*DEED OF TRUST RE -FILED TO CORRECT LEGAL DESCRIPTION. <br />x <br />m <br />of <br />= <br />in <br />`-n <br />z <br />ry <br />T, <br />co <br />m <br />io <br />0 <br />� <br />� z <br />ics <br />O <br />ca <br />O <br />N <br />A <br />vim, <br />a <br />0 <br />WHEN RECORDED MAIL TO: <br />Five Points Bank 20030142; <br />' <br />North Branch <br />2016 Nort BrOatlwell <br />Grand I tl NE 69903 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 $250,000.00. <br />r, <br />THIS DEED OF TRUST is dated December 31, 2002, among HEHNSON LLC; A LIMITED LIABILITY COMPANY <br />( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, NE <br />68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, <br />whose address is P.0 Box 1507, Grand Island, NE 68802 -1507 (referred to below as "Trustee ") <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or <br />subsequently erected or affixed buildings, Improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property including <br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property') located In HALL County, State Of <br />Nebraska: <br />See SEE EXHIBIT A, which is attached to this Deed of Trust and made a part of this Deed of Trust as if <br />fully set forth herein. <br />The Real Property or its address is commonly known as NORTH WEBB RD, GRAND ISLAND, NE 68803. <br />CROSS- COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest thereon, of <br />Borrower to Lender, or any one or more of them, as well as all claims by Lender against Borrower or any one or more of them, whether now <br />existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, <br />direct or Indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Borrower or Trustor may be liable <br />individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such <br />amounts may be or hereafter may become bared by any statute of limitations, and whether the obligation to repay such amounts may be or <br />hereafter may became otherwise unenforceable. <br />FUTURE ADvANCES. Spsenceily, without iimiburon, this Deed of Trust secures, in addition to lire amounts specified in lien Note, it future <br />amounts Lender in its discretion may loan to Borrower, together with all interest thereon; however, in no event shall such future advances <br />(excluding interest) exceed in the aggregate $250,000.00. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present <br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security <br />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 PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS <br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at Borrower's request and not <br />at the request of Lender; fb) Truster has the full power, right, and authority to anter into this Deed of Trust and to hypothecate the Property; (c) <br />the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument binding upon Trustor and <br />do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Theron has established adequate means of <br />obtaining from Borrower on a continuing basis information about Borrowers financial condition; and (e) Lender has made no representation to <br />Trustor about Borrower ( including without limitation the creditworthiness of Borrower). <br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "ant-deficieney" law, or any other law <br />which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise entitled to a <br />*DEED OF TRUST RE -FILED TO CORRECT LEGAL DESCRIPTION. <br />