|
<br />N
<br />iSl
<br />iSl
<br />--..J
<br />.....
<br />is
<br />U1
<br /><0
<br />.....
<br />
<br />
<br />""
<br />m
<br />on
<br />c:
<br />n Z
<br />~~~
<br />(')(1)
<br />""%
<br />
<br />,r
<br />(, K
<br />r~ .f
<br />,\
<br />f;
<br />(.
<br />t..
<br />
<br />C)
<br />cn
<br />
<br />no
<br />%)-
<br />m CIl
<br />n::t
<br />A
<br />
<br />:--....,:)
<br />(':::,:.,,,'i
<br />~:~
<br />--.3
<br />
<br />(") (n
<br />o ~.,j
<br />c= :r>
<br />z--i
<br />--i Pl
<br />-< C)
<br />C.J """T1
<br />'-r1
<br />..;',",
<br />
<br />'---..,r
<br />,.."..,'.,:..."
<br />~...., f..,'
<br />f"'q &''\...''
<br />~) .-..,~
<br />0<:::'(
<br />\
<br />"TI
<br />
<br />'..:)
<br />,'r-,
<br />c-:>
<br />
<br />
<br />N
<br />a
<br />
<br />W
<br />"1
<br />("n
<br />CJ
<br />(f)
<br />
<br />-.tJ
<br />3
<br />
<br />_~. "1
<br />1::.... \.,.",'
<br />,'.- :::0
<br />r 1,.
<br />Vl
<br />:;><;
<br />1>
<br />
<br />
<br />C)
<br />
<br />I-"
<br />
<br />----- .........
<br />
<br />(/)
<br />(/)
<br />
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank p () . e eX 1'Ii 0 "7
<br />North Branch
<br />2015 North Broadwell 2.-
<br />Grand Island, NE 68803
<br />
<br />o
<br />N
<br />C)
<br />C)
<br />;--J
<br />b-'
<br />o
<br />Ul
<br />(0
<br />~
<br />
<br />~
<br />-i
<br />n1
<br />:0
<br />m
<br />o
<br />6;
<br />Z
<br />(f)
<br />-I
<br />:0
<br />c:
<br />3:
<br />m
<br />~
<br />e
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />/js 5CJ
<br />
<br />DEED OF TRUST
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $100,000.00.
<br />
<br />THIS DEED OF TRUST is dated December 18, 2007, among MICHAEL S WILLIAMS and SANDY S WILLIAMS;
<br />HUSBAND AND WIFE, AS JOINT TENANTS AND NOT AS TENANTS IN COMMON ("Trustor"); Five Points
<br />
<br />Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, NE 68803 (referred to below
<br />sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box
<br />1507, Grand Island, NE 68802-1507 (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 relatinll to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br />County, State of Nebraska:
<br />
<br />LOT ONE (1), BURCH SECOND SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, EXCEPT THAT PORTION DEEDED TO THE CITY OF GRAND ISLAND BY DEED RECORDED
<br />SEPTEMBER 6, 2000, AS INSTRUMENT #2000-07324, AND RE-RECORDED OCTOBER 2, 2000, AS
<br />INSTRUMENT #2000-08192
<br />
<br />The Real Property or its address is commonly known as 2209 S LOCUST, GRAND ISLAND, NE 68801. The
<br />Real Property tax identification number is 400028859.
<br />
<br />CROSS.COLLATERALlZATlON. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to Lender, or anyone or mora of them, as well as all claims by Lender against Trustor or anyone or more of th~m,
<br />whether now existing or hereaher arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may become otherwise unenforceable.
<br />
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor whether or not the
<br />advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts
<br />specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest thereon; however, in no
<br />event shall such future advances (excluding interest) exceed in the aggregate $100,000.00.
<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 (AI 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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents.
<br />
|