|
<br />p
<br />...
<br />l:
<br />~
<br />
<br /> ;lIO n~\?
<br /> ", ~~.
<br /> "T1
<br /> c::
<br />n z O:J:
<br />Z g 0 ~
<br />m ~ b
<br />n
<br />~ ::J: ~
<br /> \)
<br />
<br />y
<br />t
<br />
<br /> ~ Ii
<br /> = (() ...Q")
<br /> ~ c
<br />s;f -.:I Q-l
<br />~ C):i.- N
<br />c=: %.;;.,;f
<br />c:;;:) .;;.,;fIT! <::)
<br /> -< 0
<br />c;:> ~ 0 .,., <::) ~I
<br />...., CJ"l ...., Z -.J
<br /> r -
<br />to ::x: r'T1 I
<br />rr'I -0 1>- t;X:I 0
<br />"., ::a r- :;0
<br />lD r >- -..J
<br />'" en 0
<br /> C,.) ,....
<br /> :t>- o
<br /> .,.... ~::~.
<br /> CD . CD
<br /> (ti ~
<br /> "
<br />
<br />-
<br />
<br />N
<br />e
<br />e
<br />--'
<br />si
<br />-J
<br />e
<br />e
<br />(0
<br />
<br />20070746
<br />
<br />Space Above This Line For Recording Data
<br />
<br />
<br />DEED OF TRUST
<br />
<br />~~
<br />
<br />The parties
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is August 15, 2007.
<br />and their addresses are:
<br />TRUSTOR (Grantor):
<br />GIOMAHA, LLC
<br />A Nebraska Limited Liability Company
<br />11717 Burt Street, Suite 102
<br />Omaha, Nebraska 68154
<br />
<br />TRUSTEE:
<br />PLATTE VALLEY STATE BANK & TRUST COMPANY
<br />a Nebraska Corporation
<br />PO BOX 430
<br />KEARNEY, Nebmska 68848
<br />
<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 />Lot One (1), LaBelindo Second Subdivision in the City of Grand Island, Hall
<br />~~County, Nebraska excepting a tract more particularlY" described in Harranty Deed
<br />recorded as Document No. 200316345. .
<br />The property is located in Hall County at 1300 S Locust Street, Grand Island, Nebraska 68801.
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, wells, ditches and water stock, crops, timber, all diversion payments or third party payments
<br />made to crop producers and all existing and future improvements, structures, fixtures, and replacements that
<br />may now, or at any time in the future, be part of the real estate described (all referred to as PropertYl. This
<br />Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been
<br />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 $736,000.00. 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, dated August 15, 2007, from Grantor to Lender, with
<br />a loan amount of $736,000.00.
<br />B. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security
<br />Instrument.
<br />4. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in
<br />accordance with the terms of the Secured Debts and this Security Instrument.
<br />5. WARRANTY OF TITLE. Grantor warrants that Grantor is or will be lawfully seized of the estate conveyed by
<br />this Security Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust,
<br />with power of sale. Grantor also warrants that the Property is unencumbered, except for encumbrances of
<br />record.
<br />6. PRIOR SECURITY INTERESTS. With regard to any other mortgage, deed of trust, security agreement or
<br />other lien document that created a prior security interest or encumbrance on the Property, Grantor agrees:
<br />A. To make all payments when due and to perform or comply with all covenants.
<br />B. To promptly deliver to Lender any notices that Grantor receives from the holder.
<br />C. Not to allow any modification or extension of, nor to request any future advances under any note or
<br />agreement secured by the lien document without Lender's prior written consent.
<br />7. CLAIMS AGAINST TITLE. Grantor will pay all taxes, assessments, liens, encumbrances, lease payments,
<br />ground rents, utilities, and other charges relating to the Property when due. Lender may require Grantor to
<br />
<br />GIOmaha. LLC
<br />Nebraska Deed Of Trust
<br />NE/4XX28424000005900005586019081507Y
<br />
<br />@1996 Bankers Systems, Inc., St. Cloud, MN ~
<br />
<br />Initials
<br />Page 1
<br />
|