Laserfiche WebLink
...^~ <br />"""~ ~ G -rn <br />N ~ ~ A O ~ <br />~~ <br />rn <br />®~ 7C = <br />rn <br />00 ~ <br />~~ <br />~~ ~ m <br />V! ~ ~ cn ~ <br /> p <br /> <br />~ ~ ~~ ~ rr, m <br />rY, y. ~ ~ <br />C~ ~ <br /> <br /> C <br />~ <br />r~ ~- ~ m . ~ <br /> <br />(n r+7 <br />J <br />-~ <br />n m <br />~ C <br />/7 <br />-1 <br /> <br />~ ~' Q7 <br /> 'r m <br /> a <br /> ,~ .~ <br />~...,, <br /> C3'] cn ~° Z <br /> cr' O <br />WHEN RECORDED MAIL TO: ~b <br />Five Points Bank q <br />North Branch ~ ` ~ <br />2015 North Broadwell <br />Gran I land NE 6$$ FOR RECORDER'S USE ONLY <br />FIVE POINTS BANK <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not axce®d at any one time 540,000.00. <br />THIS DEED OF TRUST is dated June 70, 2009, among J & B RENTALS LLC; A NEBRASKA LIMITED LIABILITY <br />COMPANY ("Trustor"); Five Paints Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, <br />NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, <br />whose address is P.O Bax 7 507, Grand Island, NE 68802-1507 (referred to below as "Trustee" 1. <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 rightsl; 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 WALL <br />County, State of Nebraska. <br />THE WESTERLY TWO 121 FEET OF FRACTIONAL LOT THREE (31 AND ALL OF FRACTIONAL LOTS FOUR <br />(~) AND FIVE (51, FRACTIONAL BLOCK TWELVE (12), GILBERT'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 7015 N. BROADWELL, GRAND ISLAND, NE <br />68$03-3729. <br />CROSS-COLLATERALI~ATION. In addition to the Nota, this Deed of Trust secures all obligations, debts and liabilities, plus interest <br />thereon, of either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by Lander against Borrower and Trustor <br />or any one 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 ar hereafter may become otherwise unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Borrower or Trustor <br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition <br />to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Borrower or Trustor, together with all interest <br />thereon; however, in no event shall such future advances (excluding interest) exceed in the aggregate 823,750.00. <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 />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 IBI 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants tl^lat: la- this•De+~d of Trust is executed at Borrower's request and <br />not at the request of Lender; (k2) Trustpt ha8 the full power,; right, and authority to enter intq this Daad of Trust and to hypothecate the <br />