Laserfiche WebLink
<br /> <br /> <br /> P 70 n ~ <br /> m :J: ~ <br />N -n =:> ("'> (,0 <br />,.. c: m CJl <:::> <br />CS) () ::J: "'- -..;J 0 -l <br />CS) I z ~~~ c::: l> <br />""..J n 0 ^ = ::z -I <br />~ ~ ':":'J <br />CS) ~!) -l (Tl <br /> 6...t --l <br />CO -< c' <br />~ n (I) <br />'" :J: 0 ~ <br />CO Gl N "'T\ <br />CJ'1 ..,., Z <br /> Gil ti; ::::: ,"1 <br /> ~ r -0 l> rt:J <br /> ~ m ::3 r- ::0 <br /> Q I )> <br /> (n (fl <br /> Co:) ~ <br /> ):> <br /> ...t: ~,~ <br /> en (I) <br /> ()l <br /> <br /> <br /> <br />WHEN RECORDED MAil TO: <br />Five Points Bank <br />"Your Hometown Bank" <br />2015 N. Broadwell <br />P.O. Box 1507 <br />Grand Island, NE 68802-1507 <br /> <br />0 ~i <br />N <br />C) ~. <br />~ <br />c::> <br />~ ~ <br />C) - <br />::J <br />CO ~ <br />J:: <br />CO i <br />en <br /> 2 <br /> '=' <br /> <br />FOR RECORDER'S USE ONLY <br /> <br />~ <br /> <br />THIS DEED OF TRUST is dated October. 1, 2?07, among HUSKER SA~ES AND CONSTRUCTION, INC; A , \~ <br />NEBRASKA CORPORATION ("Trustor"); FIve POints Bank, whose address IS "Your Hometown Bank", 2015 N. . . <br />Broadwell, P.O. Box 1507, Grand Island, NE 68802-1507 (referred to below sometimes as "lender" and <br />sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand Island, NE <br />68802-1507 (referred to below as "Trustee"). <br /> <br />DEED OF TRUST <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 i'elating to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the" Real Property") located in HAL.l <br /> <br />County, State of Nebraska: <br /> <br />lOT ONE (1). SCHUELE SUBDIVISION, IN HAll COUNTY, NEBRASKA. <br /> <br />The Real Property or its address is commonly known as 2018 KENT AVE, GRAND ISLAND, NE 68801. <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. <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 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 /> <br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other <br />law which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise <br />entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by <br />exercise of a power of sale. <br /> <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower and Trustor shall pay to Lender all <br />Indebtedness secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall strictly perform all their respective <br />