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<br />
<br />WHEN RECORDED MAIL TO:
<br />Wells Fargo Bank. National Association
<br />Attn: Collateral Processing - Rep III
<br />730 2nd Avenue South. Suite 1000
<br />Minneapolis, MN 55479
<br />
<br />
<br />FOR RECORDER'S USE ONLY
<br />~-"7
<br />C>
<br />~
<br />
<br />200086253745000235
<br />
<br />CONSTRUCTION DEED OF TRUST
<br />
<br />THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br />WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $195.000.00.
<br />
<br />THIS DEED OF TRUST is dated July 11, 2007. among Michael R. Robinson and Angela D. Robinson, husband
<br />
<br />and wife, whose address is 2114 Park Avenue, Grand Island, NE 68803 ("Trustor"); Wells Fargo Bank,
<br />
<br />National Association, whose address is Omaha Downtown, 1919 Douglas Street, Omaha, NE 68102 (referred
<br />
<br />to below sometimes as "Lender" and sometimes as "Beneficiary"); and Wells Fargo Financial National Bank,
<br />
<br />whose address is c/o Minneapolis Loan Operations Center. 730 2nd Avenue South, Suite 1000, Minneapolis,
<br />
<br />MN 55479 (referred to below as "Trustee").
<br />
<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
<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 />
<br />County, State of Nebraska:
<br />
<br />Lot Eleven (11), Block Ten (10), in College Addition to West Lawn, in the City of Grand Island, Hall County,
<br />
<br />Nebraska
<br />
<br />The Real Property or its address is commonly known as 2310 North Lafayette Avenue, Grand Island, NE
<br />
<br />68803. The Real Property tax identification number is 400033968.
<br />
<br />CROSS-COLLATERAlIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of either Trustor or Borrower to Lender, or anyone or more of them, as well as all claims by Lender against Borrower and Trustor
<br />or anyone or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether
<br />voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or
<br />unliquidated, whether Borrower or Trustor may be liable individually or jointly with others, whether obligated as guarantor, surety,
<br />accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise unenforceable.
<br />
<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
<br />present and future leases of the Property and all Rents from the Property, In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personal Property and Rents.
<br />
<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 ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS. AND THIS DEED OF TRUST. THIS DEED OF TRUST. INCLUDING THE ASSIGNMENT
<br />OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY. IS ALSO GIVEN TO SECURE ANY AND ALL OF
<br />BORROWER'S OBLIGATIONS UNDER THAT CERTAIN CONSTRUCTION LOAN AGREEMENT BETWEEN BORROWER AND LENDER OF EVEN
<br />
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