Laserfiche WebLink
<br />loan No: 13230 <br /> <br />DEED OF TRUST <br />{Continued} <br /> <br />200702651 <br /> <br />Page 4 <br /> <br />federal laws, rules, or regulations adopted pursuant thereto. <br /> <br />Event of Default. The words "Event of Default" mean any of the events of default set forth in this Deed of Trust in the events of <br />default section of this Deed of Trust. <br /> <br />Guaranty. The word "Guaranty" means the guaranty from guarantor, endorser, surety, or accommodation party to Lender, including <br />without limitation a guaranty of all or part of the Note. <br /> <br />Improvements. The word "Improvements" means all existing and future improvements, buildings, structures, mobile homes affixed on <br />the Real Property, facilities, additions, replacements and other construction on the Real Property. <br /> <br />Indebtedness. The word "Indebtedness" means all principal, interest, and other amounts, costs and expenses payable under the Note <br />or Related Documents, together with all renewals of, extensions of, modifications of, consolidations of and substitutions for the Note <br />or Related Documents and any amounts expended or advanced by Lender to dill.charge Trustor's obligations or expenses incurred by <br />Trustee or Lender to enforce Trustor's obligations under this Deed of Trust, together with interest on such amounts as provided in this <br />Deed of Trust. Specifically, without limitation, Indebtedness includes the future advances set forth in the Future Advances provision, <br />together with all interest thereon and all amounts that may be indirectly secured by the Cross-Collateralization provision of this Deed <br />of Trust. <br /> <br />Lender. The word "Lender" means FIVE POINTS BANK OF HASTINGS, its successors and assigns. <br /> <br />Note. The word "Note" means the promissory note dated March 30, 2007, in the original principal amount of <br />$129,786.06 from Borrower to Lender, together with all renewals of, extensions of, modifications of, refinancings of, <br />consolidations of, and substitutions for the promissory note or agreement. The maturity date of this Deed of Trust is April 10, 2012. <br /> <br />Personal Property. The words "Personal Property" mean all equipment, fixtures, and other articles of personal property now or <br />hereafter owned by Trustor, and now or hereafter attached or affixed to the Real Property; together with all accessions, parts, and <br />additions to, all replacements of, and all substitutions for, any of such property; and together with all proceeds (including without <br />limitation all insurance proceeds and refunds of premiums) from any sale or other disposition of the Property. <br /> <br />Property. The word "Property" means collectively the Real Property and the Personal Property. <br /> <br />Real Property. The words "Real Property" mean the real property, interests and rights, as further described in this Deed of Trust. <br /> <br />Related Documents. The words "Related Documents" mean all promissory notes, credit agreements, loan agreements, environmental <br />agreements, guaranties, security agreements, mortgages, deeds of trust, security deeds, collateral mortgages, and all other <br />instruments, agreements and documents, whether now or hereafter existing, executed in connection with the Indebtedness. <br /> <br />Rents. The word "Rents" means all present and future rents, revenues, income, issues, royalties, profits, and other benefits derived <br />from the Property. <br /> <br />Trustee. The word "Trustee" means Five Points Bank of Hastings, whose address is 2815 Osborne Drive West, Hastings, NE 68901 <br />and any substitute or successor trustees. <br /> <br />Trustor. The word "Trustor" means DOUBLE S PROPERTIES LLC. <br /> <br />TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS DEED OF TRUST, AND TRUSTOR AGREES TO ITS TERMS. <br /> <br />TRUSTOR: <br /> <br /> <br /> <br />ART D DEWITT, Member of DOUBLE S PROPERTIES LLC <br /> <br />LIMITED LIABILITY COMPANY ACKNOWLEDGMENT <br /> <br />STATE OF _N~~ <br /> <br />COUNTY OF <br /> <br />~ <br /> <br />I <br />I SS <br />I <br /> <br />On this ~--\1- __~____._ day of ~ ' 20 01 ,before me, the undersigned Notary Public, <br />personally appeared SCOT C DEWITT, Member of DOUBLE S PROPERTIES LLC, and known to me to be partner or designated agent of the <br />limited liability company that executed the Deed of Trust and acknowledged the Deed of Trust to be the free and voluntary act and deed of <br />the limited liability company, by authority of statute, its articles of organization or its operating agreement, for the uses and purposes <br />therein mentioned, and on oath stated that he or she is authorized to execute this Deed of Trust and in fact executed the Deed of Trust on <br />behalf of the limited liability company. <br /> <br />J;ENERAL NOTARY.StalI 01 NIbraIka <br />JODY M b <br />_ My Comm. Exp. <br /> <br />By :t~ 1'Y1u~ <br /> <br />Notary ublic and for the State of ~bYlA- r CO- <br /> <br />Residing at I-\o..st\~ <br /> <br />My commission expires S rZ'? 110 <br />