Laserfiche WebLink
<br /> <br />~, ^~ <br /> <br />~ ~ <br />~ ~~ <br />rn <br />N ~ <br />C9 ~^ <br />rr.w.....i^^ <br />r....~ <br />~~ <br />rrrw~ <br />~ll <br /> <br /> ~i'n = ~ (~ .; <br /> , m <br /> <br /> ~ "'- ~' <br />rn ~ ' ~ <br />~ c~ O <br />~ ~ ~ ~ <br />~ _ ~ ~ ~ -., o con <br /> <br /> ~ rat cc~ z <br /> C~ ~ <br /> ~ ~ ~ ~ <br />- ~ <br /> cr ~ <br />~ ~ ~ <br /> O <br /> (i-~ <br /> CJ1 ~.-^ ~ N`l Z <br /> G~ <br /> <br />WHEN RECORDED MAIL TO: <br />Five Points Bank ~si ~~ <br />North Branch "'~ /1 <br />201 S North Broadwell ,... <br />Grand Island, NE 68803 _. 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 exceed at any one time $40,000.00. <br />THIS DEED OF TRUST is dated June 10, 2009, among J & B RENTALS, LLC; A NEBRASKA LIMITED <br />LIABILITY COMPANY ("'Trustor"1; Five Points Bank, whose address is North Branch, 2015 North Broadwell, <br />Grand Island, NE 6$$03 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"1; and Five <br />Points Bank, whose address is P.O Box 1507, Grand Island, NE 6$$02-1507 (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 rights); and all other rights, royalties, and prpfits 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 />THE NORTHERLY SIXTY-ONE AND FOUR TENTHS FEET (61.4') OF LOT TEN (101, IN BLOCK ONE (1), IN <br />GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 7210 N. GREENWICH, GRAND ISLAND, NE <br />6$$01-3711. <br />CROSS-COLLATERALIZATION. In addition to the Note, this Dead 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 Lender 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 or 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 Trustvr <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 523,750.00. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Dead 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 />Cade security interest in the Personal Property and Rents. <br />THIS DEEP OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND IB) PERFORMANCE OF ANY AND ALL OBLIGATIONS <br />UNDER THE NQTE, 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 that: lal this Deed of Trust is executed at Borrower's request and <br />not at the request of Lender; Ib) Trualkor has the full power, right, and authority to enter into this Deed.. of Trust end: to hypothecate the <br />Property; Icl the provisions of this Dedd of Trust do not conflict with,.. or result in a default under any agreement or other instrument <br />