|
<br /> ;0 n E
<br /> m %
<br /> 'TI
<br /> c: m
<br /> n ::c
<br /> ~~ Z '" r" g-
<br /> O C"-' 0 lj)
<br /> <:::> C)
<br /> !{' "'- -..JI G> '-1 fir
<br /> ",.,),:l., c:: :t> N
<br /> n'(n ...... -1
<br /> ~\, ~'-' ::z: a
<br />1'0 11\% ::0 c:::: -l 111 C)
<br />e rrl l.;~ C"J -<
<br />e ~c{.~ 0 ar
<br /> w 0 ." C>
<br />-.J ....... ."
<br />lSl '1 :z: -.,]
<br />-.J Us ::c: (T1 -
<br /> c;:l ~I
<br />CJ'1 rn ::D l> co
<br />lSl rrl ~ ::3 r- :::u
<br />---" I;::;J r- :P-
<br /> C/> lj)
<br /> c..o ;:>0:;
<br /> ~ ):>
<br /> Ul ~""'-'"
<br /> co (f)
<br /> (f) t;
<br />
<br />
<br />
<br />
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch PO e D X /:50'1
<br />2015 North Broadwell
<br />Grand Island, NE 68803
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />*.
<br />o
<br />c
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $125,000.00.
<br />
<br />THIS DEED OF TRUST is dated August 29, 2007, among DAVID W FOX and CINDY FOX; HUSBAND AND
<br />
<br />WIFE ("Trustor"); Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand Island. NE
<br />
<br />68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and (referred to below as
<br />
<br />"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 relatinll 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 />The East Fourteen Feet (14') of Lot Four (4) and all of Lot Three (3). Block Nineteen (19). Morrill's Addition
<br />
<br />to the City of Grand Island, Hall County. Nebraska
<br />
<br />The Real Property or its address is commonly known as 2115 W KOENIG, GRAND ISLAND. NE 68803-5338.
<br />
<br />CROSS-COLLATERALlZATION. 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, If the lender is
<br />required to give notice of the right to cancel under Truth in lending in connection with any additional loans, extensions of credit and other
<br />liabilities or obligations of Trustor to lender, then this Deed of Trust shall not secure additional loans or obligations unless and until such
<br />notice is given,
<br />
<br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving line of credit, which
<br />obligates Lender to make advances to Borrower so long as Borrower complies with all the terms of the Note.
<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 IA) PAYMENT OF THE INDEBTEDNESS AND IB) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS. AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at Borrower's request and
<br />not at the request of Lender; (b) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />Property; (c) the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument
<br />binding upon Trustor and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Trustor has
<br />established adequate means of obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e)
<br />Lender has made no representation to Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />
|