|
<br />.
<br />
<br />.
<br />
<br />,"led ""Recenllhl. 1;Z ~d~
<br />20~ at-L~~~
<br />Recorded In Book r!A..t!f1i.,., 7'1:8
<br />'''!rum''''''''. d?O~iJ~
<br />Merrick County CIerfc
<br />~~
<br />
<br />
<br />BOOK /11 PAGE 74-3
<br />
<br />200802177
<br />
<br />WHEN RECORDED MAil TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island, NE 68803
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $250,000.00.
<br />
<br />THIS DEED OF TRUST is dated February 8, 2008, among NED H MEIER, A MARRIED PERSON and NANCY A
<br />MEIER, HIS SPOUSE ("Trustor"); Five Points Bank, whose address is North Branch. 2015 North Broadwell.
<br />Grand Island. NE 68803 (referred to below sometimes as "lender" and sometimes as "Beneficiary"); and Five
<br />Points Bank. whose address is P.O Box 1507. Grand Island. NE 68802-1507 (referred to below as "Trustee").
<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 />AND MERRICK County. State of Nebraska:
<br />
<br />THE NORTH HALF OF THE SOUTHWEST QUARTER (N1/2 SW1/4). OF SECTION NINETEEN (19).
<br />TOWNSHIP TWELVE (12) NORTH. RANGE EIGHT (8)WEST OF THE 6TH P.M.. IN MERRICK COUNTY.
<br />NEBRASKA; AND
<br />
<br />THE SOUTHWEST QUARTER (SW1/4) OF SECTION THIRTEEN (13). TOWNSHIP TWELVE (12) NORTH.
<br />RANGE TEN (10). WEST OF THE 6TH P.M.. IN HAll COUNTY. NEBRASKA. EXCLUDING A THREE-ACRE
<br />TRACT IN THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER (SE1/4 SW1/4) OF SECTION
<br />THIRTEEN (13). TOWNSHIP TWELVE (12) NORTH. RANGE TEN (10) WEST OF THE 6TH P.M.. IN HAll
<br />COUNTY. NEBRASKA.. DESCRIBED AS FOllOWS: A TRACT OF lAND COMPRISING THE SOUTHERLY
<br />FOUR HUNDRED TWENTY -FIVE (425) FEET OF THE EASTERLY THREE HUNDRED TWENTY -FIVE (325)
<br />FEET OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER (SE1/4 SW 1/4) OF SECTION
<br />THIRTEEN (13). TOWNSHIP TWELVE (12) NORTH. RANGE TEN (10) WEST OF THE 6TH P.M.. IN HAll
<br />COUNTY. NEBRASKA; ALSO EXCEPT THAT PORTION DEEDED TO HAll COUNTY BY WARRANTY DEED
<br />RECORDED APRil 5. 1995 AS INSTRUMENT #95-102059. RECORDS OF HAll COUNTY. NEBRASKA
<br />
<br />The Real Property or its address is commonly known as RURAL ROUTE. GRAND ISLAND, NE 68801.
<br />
<br />CROSS-COLLATERALlZATlON. 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 />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 />
|