|
<br />, ;. P I
<br /> , I.; tl f l ( 10
<br /> , ' m n S
<br /> (!! % ........:Ji
<br /> ~ c,~
<br /> () Z ::z:: "=>
<br /> ~:\ c.o
<br /> :t: ~ C ~ ""T"l
<br /> ~ ~ ::u ~' rT"l
<br /> (f) ~~ "l ' CO
<br /> ~ :1: <;-,~~'
<br /> 0'::: ~
<br /> .." N
<br /> C.J r
<br /> () rTl -0
<br /> r'l
<br /> 0 :::3
<br /> (f)
<br /> c...:>
<br />
<br />N
<br />S
<br />S
<br />c.o
<br />S
<br />-"
<br />S
<br />W
<br />0)
<br />
<br />
<br />-C
<br />N
<br />
<br />--WHE~ REC~tE~ ~~~ TO:
<br />Five Points Bank p () {3 0 K ISo '7
<br />Downtown
<br />370 N. Walnut
<br />Grand Island, NE 68801
<br />
<br />FIVE POINTS BANK
<br />
<br />DEED OF TRUST
<br />
<br />(') (/l i
<br />0 -j d-""
<br />c:: )>
<br />;Z:-j N
<br />-jrTl ~
<br />-<0 0
<br />0 '"T'l 0 :>-
<br />""f'Jz: Cf)
<br />::t: rq CD Z
<br />l> ru 0 U>
<br />r- ::u ~
<br />r-)> ~
<br /> (f) c:
<br />~ 0 ?1:
<br />P- m
<br />................. w ~
<br />(f)
<br />en "en ~
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />~
<br />
<br />-,
<br />
<br />o
<br />o
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $25,000.00.
<br />
<br />THIS DEED OF TRUST is dated February 10, 2009, among GLENDA L. LOBO, AN UNDIVIDED HALF INTEREST
<br />and RAUL OMAR lOBO, AN UNDIVIDED HALF INTEREST. ("Trustor"); Five Points Bank, whose address is
<br />Downtown, 370 N. Walnut, Grand Island, NE 68801 (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 />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />lender liS 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 />County, State of Nebraska:
<br />
<br />Lot Eight (8) and the East Twenty-two (22) feet of lot Seven (7), Block Twenty-nine (29). Original Town,
<br />City of Grand Island, Hall County, Nebraska.
<br />
<br />The Real Property or its address is commonly known as 224 E 4TH ST , GRAND ISLAND, NE 68801.
<br />
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by lender to Borrower whether or not
<br />the 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 $25,000.00.
<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 IA) 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 />
|