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DEED OF TRUST <br />This DEED OF TRUST is made as of the 6TH day of August, 2003 by and among the Trustor, Steven G. <br />Schneider, A Single Person, whose mailing address for purposes of this Deed of Trust is 3533 S. Engleman Road <br />Grand Island, Nebraska 68803 (herein, "Trustor ", whether one or more), the Trustee, AREND R. BAACK, Attorney <br />at Law, a member of the Nebraska State Bar Association, whose mailing address is P. O. Box 790, Grand Island, NE <br />68802 -0790 (herein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND, whose mailing address is P. O. Box 1009, Grand Island, NE 68802 -1009 (herein "Lender "). <br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to Steven <br />G. Schneider (herein "Borrower ", whether one or more), and the trust herein created, the receipt of which is hereby <br />acknowledged, Trustor hereby irrevocable grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH <br />POWER OF SALE, for the benefit and security of the Lender, under and subject to the terms and conditions <br />hereinafter set forth, legally described as follows: <br />A tract of land comprising a part of the North Half of the Northwest Quarter (N1 /2 NW1 /4) of <br />Section Thirty Five (35), Township Eleven (11) North, Range Ten (10) West of the 6"' P.M., in <br />Hall County, Nebraska, more particularly described as follows: Beginning at the southwest corner <br />of said North Half of the Northwest Quarter (N1 /2 NW1 /4); thence running northerly along the <br />west line of said North Half of the Northwest Quarter (N1 /2 NW1 /4), a distance of Four Hundred <br />Fifty Nine and Seventeen Hundredths (459.17) feet; thence deflecting right 89 °48'52" and running <br />easterly a distance of One Thousand One Hundred Seventy One and Seventy Nine Hundredths <br />(1171.79) feet; thence deflecting right 00 °13'48" and running easterly a distance of Five Hundred <br />Forty Two and Sixty Five Hundredths (542.65) feet; thence deflecting right 89 °32'21" and running <br />southerly, a distance of Four Hundred Sixty One and Ninety Three Hundredths (461.93) feet, to a <br />point on the south line of said North Half of the Northwest Quarter (N1 /2 NW1 /4); thence <br />deflecting right 90 °23'42" and running westerly along the south line of said North Half of the <br />Northwest Quarter (N1 /2 NW1 /4), a distance of One Thousand Seven Hundred Seventeen and <br />Seventy Nine (1717.79) feet, to the point of beginning. <br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and <br />appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and <br />remainders thereof, and such personal property that is attached to the improvements so as to constitute a fixture, <br />including, but not limited to, heating and cooling equipment and together with the homestead or marital interests, if <br />any, which interests are hereby released and waived, all of which, including replacements and additions thereto, is <br />hereby declared to be a part of the real estate secured by the lien of this Deed of Trust and all of the foregoing being <br />referred to herein as the "Property". <br />This Deed of Trust shall secure (a) the payment of the principal sum and interest evidenced by a Universal <br />Note dated August 6, 2003, having a maturity date of August 6, 2018, in the original principal amount of Three <br />Hundred Twenty Seven Thousand Two Hundred Eighteen and 33/100 Dollars ($327,218.33), and any and all modi- <br />fications, extensions and renewals thereof or thereto and any and all future advances and re- advances to Borrower <br />(or any of them if more than one) hereunder pursuant to one or more promissory notes or credit agreements (herein <br />called "Note "); (b) the payment of other sums advanced by Lender to protect the security of the Note; (c) the <br />performance of all covenants and agreements of Trustor set forth herein; and (d) all present and future indebtedness <br />and obligations of Borrower (or any of them if more than one) to Lender whether direct, indirect, absolute or <br />contingent and whether arising by note, guaranty, overdraft or otherwise. The Note, this Deed of Trust and any and <br />all other documents that secure the Note or otherwise executed in connection therewith, including without limitation <br />guarantees, security agreements and assignments of leases and rents, shall be referred to herein as the "Loan <br />Instruments ". <br />TRUSTOR COVENANTS AND AGREES WITH LENDER AS FOLLOWS: <br />1. Payment of Indebtedness. All indebtedness secured hereby shall be paid when due. <br />n <br />M <br />-„ <br />o _i <br />o rri <br />rn <br />n_z <br />N <br />n <br />__q ; <br />o CD <br />iii <br />n <br />D <br />N <br />r <br />cn <br />O T1 <br />O 0. <br />,l.. <br />a <br />r -tY <br />. <br />= <br />r <br />Z3 <br />r :o <br /><, <br />2 <br />Cr <br />CD <br />N <br />Cn <br />N <br />Cn <br />�r <br />�.s <br />0 <br />DEED OF TRUST <br />This DEED OF TRUST is made as of the 6TH day of August, 2003 by and among the Trustor, Steven G. <br />Schneider, A Single Person, whose mailing address for purposes of this Deed of Trust is 3533 S. Engleman Road <br />Grand Island, Nebraska 68803 (herein, "Trustor ", whether one or more), the Trustee, AREND R. BAACK, Attorney <br />at Law, a member of the Nebraska State Bar Association, whose mailing address is P. O. Box 790, Grand Island, NE <br />68802 -0790 (herein "Trustee "), and the Beneficiary, HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br />OF GRAND ISLAND, whose mailing address is P. O. Box 1009, Grand Island, NE 68802 -1009 (herein "Lender "). <br />FOR VALUABLE CONSIDERATION, including Lender's extension of credit identified herein to Steven <br />G. Schneider (herein "Borrower ", whether one or more), and the trust herein created, the receipt of which is hereby <br />acknowledged, Trustor hereby irrevocable grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH <br />POWER OF SALE, for the benefit and security of the Lender, under and subject to the terms and conditions <br />hereinafter set forth, legally described as follows: <br />A tract of land comprising a part of the North Half of the Northwest Quarter (N1 /2 NW1 /4) of <br />Section Thirty Five (35), Township Eleven (11) North, Range Ten (10) West of the 6"' P.M., in <br />Hall County, Nebraska, more particularly described as follows: Beginning at the southwest corner <br />of said North Half of the Northwest Quarter (N1 /2 NW1 /4); thence running northerly along the <br />west line of said North Half of the Northwest Quarter (N1 /2 NW1 /4), a distance of Four Hundred <br />Fifty Nine and Seventeen Hundredths (459.17) feet; thence deflecting right 89 °48'52" and running <br />easterly a distance of One Thousand One Hundred Seventy One and Seventy Nine Hundredths <br />(1171.79) feet; thence deflecting right 00 °13'48" and running easterly a distance of Five Hundred <br />Forty Two and Sixty Five Hundredths (542.65) feet; thence deflecting right 89 °32'21" and running <br />southerly, a distance of Four Hundred Sixty One and Ninety Three Hundredths (461.93) feet, to a <br />point on the south line of said North Half of the Northwest Quarter (N1 /2 NW1 /4); thence <br />deflecting right 90 °23'42" and running westerly along the south line of said North Half of the <br />Northwest Quarter (N1 /2 NW1 /4), a distance of One Thousand Seven Hundred Seventeen and <br />Seventy Nine (1717.79) feet, to the point of beginning. <br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and <br />appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and <br />remainders thereof, and such personal property that is attached to the improvements so as to constitute a fixture, <br />including, but not limited to, heating and cooling equipment and together with the homestead or marital interests, if <br />any, which interests are hereby released and waived, all of which, including replacements and additions thereto, is <br />hereby declared to be a part of the real estate secured by the lien of this Deed of Trust and all of the foregoing being <br />referred to herein as the "Property". <br />This Deed of Trust shall secure (a) the payment of the principal sum and interest evidenced by a Universal <br />Note dated August 6, 2003, having a maturity date of August 6, 2018, in the original principal amount of Three <br />Hundred Twenty Seven Thousand Two Hundred Eighteen and 33/100 Dollars ($327,218.33), and any and all modi- <br />fications, extensions and renewals thereof or thereto and any and all future advances and re- advances to Borrower <br />(or any of them if more than one) hereunder pursuant to one or more promissory notes or credit agreements (herein <br />called "Note "); (b) the payment of other sums advanced by Lender to protect the security of the Note; (c) the <br />performance of all covenants and agreements of Trustor set forth herein; and (d) all present and future indebtedness <br />and obligations of Borrower (or any of them if more than one) to Lender whether direct, indirect, absolute or <br />contingent and whether arising by note, guaranty, overdraft or otherwise. The Note, this Deed of Trust and any and <br />all other documents that secure the Note or otherwise executed in connection therewith, including without limitation <br />guarantees, security agreements and assignments of leases and rents, shall be referred to herein as the "Loan <br />Instruments ". <br />TRUSTOR COVENANTS AND AGREES WITH LENDER AS FOLLOWS: <br />1. Payment of Indebtedness. All indebtedness secured hereby shall be paid when due. <br />