Laserfiche WebLink
...... ca.. u, <br />IV ~ ~ r~ N ~ ~ ~ ~ ~ C3 ~ <br />~ ~ ~ ~ ti'1 ~' C07 <br />~ "~ ~ _ ~ F--+ ~ <br />t-+ x ~' ~ <br />d ~ ~ <br />~~ ~ <br />WHEN REOORDED MAIL TO: <br />Five Points Bank <br />Downtown ~ D [~c X / SO <br />518 N Eddy <br />Grand Island NE 68801 F RE RDER'S USE ONLY <br />FivE iP~rrurs ~wK <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 530,000.00. <br />THIS DEED OF TRUST is dated January 27, 2010, among GOMEZ INC, A NEBRASKA CORPORATION <br />("Trustor"-; Five Points Bank, whose address is Downtown, 518 N Eddy ,Grand Island, NE 68801 (referred to <br />below sometimes as "Lender" and sometimes as 'Beneficiary"-; and Five Points Bank, whose address is P.O <br />Box 1507, Grand Island, NE 68802-1507 (referred to below as "Trustee"). <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 fallowing 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 relatin to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") IOCate~ In HALL <br />County, State of Nebraska: <br />Lot Throe 131, Mendyk Subdivision, in the City of Grand Island, Hall County, Nebraska. <br />The Real Property or its address is commonly known as 1019E 4TH ST, GRAND ISLAND, NE 68801. <br />FUTURE ADVANCES. In addition to the Nate, this Deed of Trust secures all future advances made by Lendsr to Trustor whether pr 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 530,000.00. <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 tc 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 />TWIS 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 7WE INDEBTEDNESS AND (6) PERFORMANCE OF ANY AND ALL OBLIGATIONS <br />UNDER THE NOTE, THE RELATED DOGUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANGE. 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 Ncte, this <br />Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF TWE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be <br />governed by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; <br />(2) use, operate or manage the Property; and 131 collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve its value. <br />Compliance With Environmental Laws. Trustor represents and warrants to Lander that: 11- During the period of Trustor's ownership <br />of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any <br />0 <br />