|
<br />~
<br />~-
<br />Cf)~~
<br />(~~ {\>
<br />,-'" "-
<br />.:0:::.. ~ .t\
<br />t,..\U\-
<br />A;-
<br />~ ~"'<
<br />~ t....--
<br />~ -L
<br />C. ~
<br />(}.l n.
<br />
<br />:l'O
<br />m
<br />"""
<br />c:
<br />Z
<br />nno
<br />::I:>(/)
<br />rT1 ..
<br />n(/)
<br />"."x
<br />
<br />nn
<br />:1:>
<br />mCll
<br />ox
<br />.....
<br />
<br />r-..>
<br />.c:::=.,
<br />c:=
<br />cT:>
<br />
<br />~
<br />~.
<br />
<br />N
<br />N
<br />c.n
<br />
<br />())
<br />(A
<br />
<br />,,,
<br />~
<br />[
<br />Gr
<br />
<br />-
<br />
<br />~
<br />3
<br />!!
<br />~
<br />
<br />c::>
<br />N
<br />Cl
<br />Cl
<br />Q")
<br />c::>
<br />CD
<br />N
<br />N
<br />CJ)
<br />
<br />N
<br />G
<br />G
<br />O':l
<br />G
<br />0:>
<br />I\.J
<br />I\.J
<br />O':l
<br />
<br />-u
<br />::3
<br />
<br />(") UJ
<br />o --l
<br />c:J:>-
<br />:z:--l
<br />_~ rt1
<br />-< c>
<br />C) "''T'l
<br />...., ::1':
<br />f"ll
<br />j;'; eJ
<br />r 7J
<br />I ;-,)110-
<br />(f)
<br />::><:
<br />~
<br />----.........
<br />
<br />
<br />~-.t,
<br />,..--\'
<br />:n t.: '.
<br />m ('..
<br />;;,;) ~:."\ ~;:---
<br />o ~"'t"
<br />""Tl ).,,{
<br />C? \.y
<br />
<br />~ L
<br />
<br />Cf)
<br />r1
<br />-0
<br />
<br />t-"
<br />...l:
<br />
<br />.~lt
<br />...:l'
<br />
<br />Space Above This line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />
<br />30. SO
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) IS September 14, 2006. The
<br />parties and their addresses are:
<br />TRUSTOR (Grantor):
<br />THIRD CITY CHRISTIAN CHURCH
<br />A Nebraska NonProfit Corporation
<br />4100 W 13th St
<br />Grand Island, Nebraska 68803
<br />TRUSTEE:
<br />PLATTE VAllEY STATE BANK & TRUST COMPANY
<br />a Nebraska Corporation
<br />PO Box 430
<br />Kearney, Nebraska 68848
<br />BENEFICIARY (lender):
<br />PLATTE VAllEY STATE BANK &TRUST COMPANY
<br />Organized and existing under the laws of Nebraska
<br />810 Allen Drive
<br />Grand Island, Nebraska 68803
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of lender, with power of sale, the following
<br />described property:
<br />
<br />lot 1, of Grand West Subdivision, an addition to the City of Grand Island, Hall County, Nebraska
<br />
<br />The property is located in Hall County at 4100 W 13th St, Grand Island, Nebraska 68803.
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber,
<br />all diversion payments or third party payments made to crop producers and all existing and future
<br />improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the
<br />real estate described (all referred to as Property). This Security Instrument will remain in effect until the
<br />Secured Debts and all underlying agreements have been terminated in writing by lender.
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone
<br />time will not exceed $1,300,000.00. This limitation of amount does not include interest and other fees and
<br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances
<br />made under the terms of this Security Instrument to protect lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />3. SECURED DEBTS. The term "Secured Debts" includes and this Security Instrument will secure each of the
<br />following:
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note or other agreement, No. 313784-100, dated September 14, 2006, from
<br />Grantor to lender, with a loan amount of $1,300,000.00. One or more of the debts secured by this
<br />Security Instrument contains a future advance provision.
<br />B. All Debts. All present and future debts from Grantor to lender, even if this Security Instrument is not
<br />specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than
<br />one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or
<br />with others who may not sign this Security Instrument. Nothing in this Security Instrument constitutes a
<br />commitment to make additional or future loans or advances. Any such commitment must be in writing. In
<br />the event that lender fails to provide any required notice of the right of rescission, lender waives any
<br />subsequent security interest in the Grantor's principal dwelling that is created by this Security Instrument.
<br />This Security Instrument will not secure any debt for which a non-possessory, non-purchase money security
<br />interest is created in "household goods" in connection with a "consumer loan," as those terms are defined by
<br />federal law governing unfair and deceptive credit practices. This Security Instrument will not secure any
<br />debt for which a security interest is created in "margin stock" and lender does not obtain a "statement of
<br />purpose," as defined and required by federal law governing securities.
<br />C. Sums Advanced. All sums advanced and expenses incurred by lender under the terms of this Security
<br />Instrument.
<br />
<br />Third City Christian Church
<br />Nebraska Deed Of Trust
<br />NE/4XX28333000937100005187017091406Y
<br />
<br />@1996 Bankers Systems, Inc., St. Cloud, MN ~nl::
<br />
<br />Initials
<br />Page 1
<br />
|