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M <br />M <br />T <br />m > 0 <br />2 <br />o <br />C".) 07 <br />> <br />ry <br />o -+ <br />\L <br />c_ n <br />O <br />O <br />N <br />O <br />O <br />N <br />O <br />rn <br />O <br />co <br />I tf Cn <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch — JD 0 Q O'x % Yo 7 <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />rr Y <br />co <br />CO2 <br />c <br />3 <br />CD <br />0 '4 <br />THIS DEED OF TRUST is dated February 4, 2002, among WILLIAM H RAMSEY and LINDA N RAMSEY; <br />HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., <br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and <br />(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 Oroperty ") located in HALL County, Mate o <br />Nebraska: <br />LOT TEN (10), IN SUNSET FOURTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The Real Property or its address is commonly known as 4002 KAY AVE, GRAND ISLAND, NE 68803. The <br />Real Property tax identification number is 400164132 <br />REVOLVING LINE OF CREDIT. Specifically, without limitation, this Deed of Trust secures a revolving line of credit, which obligates <br />Lender to make advances to Trustor so long as Trustor complies with all the terms of the Credit Agreement. Such advances may be <br />made, repaid, and remade from time to time, subject to the limitation that the total outstanding balance owing at any one time, not <br />including finance charges on such balance at a fixed or variable rate or sum as provided in the Credit Agreement, any temporary <br />overages, other charges, and any amounts expended or advanced as provided In this paragraph, shall not exceed the Credit Limit as <br />provided in the Credit Agreement. It is the Intention of Trustor and Lender that this Deed of Trust secures the balance outstanding <br />under the Credit Agreement from time to time from zero up to the Credit Limit as provided in this Deed of Trust and any Intermediate <br />balance. <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 EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this <br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Credit Agreement, this <br />Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of theProperty shall be governed by <br />the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; (2) <br />use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and maintenance <br />necessary to preserve its value. <br />Hazardous Substances. Trustor represents and warrants that the Property never has been, and never will be so long as this Deed of Trust <br />O� <br />o <br />C".) 07 <br />ry <br />o -+ <br />\L <br />c_ n <br />m <br />U3 <br />a <br />O <br />CD <br />-Z (T1 <br />CD <br />n: .. <br />O <br />D- r <br />M (+ <br />:3 <br />r— v <br />O <br />?� <br />N <br />O <br />Cf) <br />O <br />N <br />O <br />O <br />N <br />O <br />rn <br />O <br />co <br />I tf Cn <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch — JD 0 Q O'x % Yo 7 <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />rr Y <br />co <br />CO2 <br />c <br />3 <br />CD <br />0 '4 <br />THIS DEED OF TRUST is dated February 4, 2002, among WILLIAM H RAMSEY and LINDA N RAMSEY; <br />HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., <br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and <br />(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 Oroperty ") located in HALL County, Mate o <br />Nebraska: <br />LOT TEN (10), IN SUNSET FOURTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The Real Property or its address is commonly known as 4002 KAY AVE, GRAND ISLAND, NE 68803. The <br />Real Property tax identification number is 400164132 <br />REVOLVING LINE OF CREDIT. Specifically, without limitation, this Deed of Trust secures a revolving line of credit, which obligates <br />Lender to make advances to Trustor so long as Trustor complies with all the terms of the Credit Agreement. Such advances may be <br />made, repaid, and remade from time to time, subject to the limitation that the total outstanding balance owing at any one time, not <br />including finance charges on such balance at a fixed or variable rate or sum as provided in the Credit Agreement, any temporary <br />overages, other charges, and any amounts expended or advanced as provided In this paragraph, shall not exceed the Credit Limit as <br />provided in the Credit Agreement. It is the Intention of Trustor and Lender that this Deed of Trust secures the balance outstanding <br />under the Credit Agreement from time to time from zero up to the Credit Limit as provided in this Deed of Trust and any Intermediate <br />balance. <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 EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this <br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Credit Agreement, this <br />Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of theProperty shall be governed by <br />the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; (2) <br />use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and maintenance <br />necessary to preserve its value. <br />Hazardous Substances. Trustor represents and warrants that the Property never has been, and never will be so long as this Deed of Trust <br />O� <br />