|
~~ m
<br /> ?
<br />
<br /> ~
<br /> Z _ ~ ~ m
<br />~~^^^ n ~ ~ +
<br />~'
<br />
<br />~ 7~ _ F
<br />r1 ~ 2
<br />~ ~ : z
<br />~ ~ rn '"~ --q ~ ~ Q
<br />CJ'i ~ri.r.r Q ~ ~ ~ -.~ C
<br /> cn cn
<br />
<br />~
<br />1--'
<br />7C
<br />C~ ~~--11
<br /> 2
<br />~ r ~ ~~ Gr't Z
<br />
<br />WHEN RECORDED MAIL T0:
<br />Five Points Bank
<br />North Branch ~~p ~ DO
<br />2015 North Broadwell
<br />Grand Island. NE 68803 _...___ FOR RECORDER'S USE ONLY
<br />FWE POINTS BANK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $150,000.00.
<br />THIS DEED OF TRUST is dated September 30, 2009, among PHYLLIS A CLARK, AN UNMARRIED PERSON
<br />("Trustor"); Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, NE 68803
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"1; and Five Paints Bank, whose
<br />address is P.0 Box 1507, Grand Island, NE 68802-1507 (referred to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustaa 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 MALL
<br />County, State of Nebraska:
<br />THE NORTH SIXTY-SIX (66) FEET OF LOT ONE 111 AND THE NORTW SIXTY-SIX {fifi) FEET OF THE EAST
<br />ONE THIRD (E1/3) OF LOT TWO (2), IN BLOCK FORTY-TWO (42-, IN THE ORIGINAL TOWN, NOW CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real property or its address is commonly known as 382-384386 N PINE STREET, GRAND ISLAND , NE
<br />68801-4fi39.
<br />GROSS-CBLLATERALIZATION. In addition to the Note, this Daed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one or more of them,
<br />whether now existing or hereafter arising, whether related ar 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 Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may became barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may became otherwise unenforceable.
<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 Trustor, together with all Interest thereon; however, in no
<br />event shall such future advances (excluding interest- exceed in the aggregate S 150,000.00.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Daed 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 (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. TWIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />
|