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WHEN RECORDED MAIL TO: <br />Farm k, F.S.B. <br />P 0 ftwiiitei <br />/CL t�Wi�_ <br />First Anterieaa Equity Lomr Servioes <br />7777 Bonhowune, Suits 1603 <br />DEED OF TRUST <br />200304844 <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $9,650.00. <br />u <br />SOU . -tea <br />THIS DEED OF TRUST is dated April 9, 2003, among JOHN HANSSEN and BARBARA L HANSSEN F /K /A <br />BARBARA L ERNST F /K /A BARBARA L ERNST AKA BARBARA HANSSEN ; as Husband and Wife I "Trustor "); <br />State Farm Bank, F.S.B., whose address is Bank Loan Center, One State Farm Plaza, Bloomington, IL 61710 <br />('referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and State Farm Bank, F.S.B., <br />whose address is PO Box 419001, St. Louis, MO 63141 (referred to below as "Trustee "). <br />CONVEYANCE AND GRANT, For valuable consideration, Trustor conveys to Trustee in bust, 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 casements, rights of way, and appurtenances; all water, water <br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located In Hall <br />County, State of Nebraska: <br />The Southerly 85.7 Feet of Lot 6 in Block 46 in Russell Wheelers Addition to the City of Grand Island Hall <br />County Nebraska <br />The Real Property or its address is commonly known as 622 W 11 TH ST, GRAND ISLAND, NE 68801, <br />REVOLVWG LINE OF CREDIT. Specifically, in addition to the amounts specified M the Indebtedness definition, and without Ertfrtation, this <br />Deed of Trust secures a revolving fine of credit. which obligates Lender to make advances to Borrower so long as Borrower complies with <br />all the terms of the Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that <br />the total outstanding balance owing at any one time, not inck+ding finance charges on such balance at a fixed or variable rate or sum as <br />provided in the Credit Agreement, any temporary overages. other charges, and any amounts expanded or advanced as provided in either <br />the Indebtedness paragraph or this paragraph, shall not exceed the Credit Limit as provided in the Credit Agreement. It is the intention of <br />Trustor and Lender that this Deed of Trust secures the balance outstanding under the Credit Agreement from time to time trom zero up to <br />the Credit Limit as provided in this Deed of Trust and any interrtwdiate balance. <br />Truster 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 <br />present and future leases of the Property and all Rena from the property. In addition, Trustor grants to Lender a Uniform Commercial <br />Code security interest in the Personal Property and Rana. <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 EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, 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. Truster warrants that: (a) this Deed of Trust is executed at Borrower's request and <br />not at the request of Lander; lb) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the <br />Property: (c) the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument <br />binding upon Truster and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Trustor has <br />established adequate means of obtaining from Borrower on a continuing basis information about Borre rer's financial condition; and (e) <br />Lender has made no representation to Trvstor 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 "anti-deficiency" law, or any other <br />law which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise <br />entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by <br />exercise of a power of sale. <br />U) <br />"° <br />:0 <br />n <br />� - <br />w <br />� <br />M <br />In <br />= <br />n <br />C <br />n <br />Z <br />�1,. <br />,' <br />-7 <br />-1 <br />O <br />o <br />CL <br />f=:1 <br />�/f <br />_ .. <br />^ <br />'�' <br />N <br />Tt -' <br />W <br />n <br />o <br />F--' <br />- <br />CD <br />cp <br />00 <br />GVI�1 <br />CD <br />1i <br />(n <br />/CL t�Wi�_ <br />First Anterieaa Equity Lomr Servioes <br />7777 Bonhowune, Suits 1603 <br />DEED OF TRUST <br />200304844 <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $9,650.00. <br />u <br />SOU . -tea <br />THIS DEED OF TRUST is dated April 9, 2003, among JOHN HANSSEN and BARBARA L HANSSEN F /K /A <br />BARBARA L ERNST F /K /A BARBARA L ERNST AKA BARBARA HANSSEN ; as Husband and Wife I "Trustor "); <br />State Farm Bank, F.S.B., whose address is Bank Loan Center, One State Farm Plaza, Bloomington, IL 61710 <br />('referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and State Farm Bank, F.S.B., <br />whose address is PO Box 419001, St. Louis, MO 63141 (referred to below as "Trustee "). <br />CONVEYANCE AND GRANT, For valuable consideration, Trustor conveys to Trustee in bust, 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 casements, rights of way, and appurtenances; all water, water <br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located In Hall <br />County, State of Nebraska: <br />The Southerly 85.7 Feet of Lot 6 in Block 46 in Russell Wheelers Addition to the City of Grand Island Hall <br />County Nebraska <br />The Real Property or its address is commonly known as 622 W 11 TH ST, GRAND ISLAND, NE 68801, <br />REVOLVWG LINE OF CREDIT. Specifically, in addition to the amounts specified M the Indebtedness definition, and without Ertfrtation, this <br />Deed of Trust secures a revolving fine of credit. which obligates Lender to make advances to Borrower so long as Borrower complies with <br />all the terms of the Credit Agreement. Such advances may be made, repaid, and remade from time to time, subject to the limitation that <br />the total outstanding balance owing at any one time, not inck+ding finance charges on such balance at a fixed or variable rate or sum as <br />provided in the Credit Agreement, any temporary overages. other charges, and any amounts expanded or advanced as provided in either <br />the Indebtedness paragraph or this paragraph, shall not exceed the Credit Limit as provided in the Credit Agreement. It is the intention of <br />Trustor and Lender that this Deed of Trust secures the balance outstanding under the Credit Agreement from time to time trom zero up to <br />the Credit Limit as provided in this Deed of Trust and any interrtwdiate balance. <br />Truster 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 <br />present and future leases of the Property and all Rena from the property. In addition, Trustor grants to Lender a Uniform Commercial <br />Code security interest in the Personal Property and Rana. <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 EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THE CREDIT AGREEMENT, 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. Truster warrants that: (a) this Deed of Trust is executed at Borrower's request and <br />not at the request of Lander; lb) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the <br />Property: (c) the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument <br />binding upon Truster and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Trustor has <br />established adequate means of obtaining from Borrower on a continuing basis information about Borre rer's financial condition; and (e) <br />Lender has made no representation to Trvstor 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 "anti-deficiency" law, or any other <br />law which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise <br />entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by <br />exercise of a power of sale. <br />