|
<br />"
<br />:-
<br />~
<br />en
<br />B
<br />
<br /> 10 n i
<br /> m :z:
<br /> "TI rn r
<br /> c n f""""..:> fT1
<br />() Z '" <::',.::) (") I
<br /> =:> U';
<br />:I: n C ........'""'or "-.r; 0 -j c::>
<br />m > ~ T'" cn c:: l>
<br />n C/) ::u \ " r-" :z -"~ N
<br />'" :I: rr"] '~, -u -l rn
<br /> "'~) t"',.-..... -< 0 c::::> c:
<br /> (,,~, 1'1,. N
<br /> C) '"t- O "Tl c::>
<br /> r") W 'T)
<br /> ~ C'" '.( .~L.. en 3"
<br /> (, =:.1::
<br /> In r -U ','~ C'.J c::> g
<br /> ~ r'l
<br /> 0 3 r :1;)
<br /> '-'l r- :r.. CD
<br /> -C w ~
<br /> ^ J:
<br /> :t>
<br /> N ----- ----- CD .....
<br /> N <n 0 ~
<br /> C/)
<br />
<br />I'\.:l
<br />IS>
<br />S
<br />c.J1
<br />IS>
<br />CD
<br />+::.
<br />c.o
<br />IS>
<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 />DEED OF TRUST
<br />
<br />FOR RECORDER'S USE ONL~
<br />---.
<br />C
<br />\::J
<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 September 16, 2005, among LAURA J JOHNSON; A SINGLE PERSON, LONI K
<br />
<br />DENNE AND DOUGLAS L DENNE, WIFE AND HUSBAND, ("Trustor"); Five Points Bank, whose address is
<br />
<br />"Your Hometown Bank", 2015 N. Broadwell, P.O. Box 1507, Grand Island, NE 68802-1507 (referred to
<br />
<br />below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O
<br />
<br />Box 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 relating 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 />LOTS TWO (2) AND FOUR (4). IN BLOCK SEVEN (7). IN UNIVERSITY PLACE, AN ADDITION TO THE CITY
<br />
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The Real Property or its address is commonly known as 2621 W COTTAGE ST, 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 Borrower to Lender, or anyone or more of them, as well as all claims by lender against Borrower or anyone or more of them,
<br />whether now existing or hereafter 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 Borrower
<br />or Trustor may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and
<br />whether recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to
<br />repay 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 Borrower, 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 (BI 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; (bl 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 />
|