|
<br />^~ ~ ",.
<br />IV
<br />0 ~
<br />.~~
<br />~ -~~
<br />~ ~~
<br />~~
<br />~~
<br />~i~
<br />..r.
<br />~ !n =
<br />~
<br />~~v
<br />
<br />to ~
<br />~ _
<br />~~
<br />~~,
<br />+_ ~
<br />rn y
<br />7C = ( ~~
<br />° ~ ~
<br /> ~ ~
<br />m ~
<br /> )
<br /> C .~.
<br /> F--+
<br />~ ;.,,.
<br />c~ -+
<br />~~
<br />~ -~
<br />,.~ rn
<br />~ ~,
<br />co
<br />rv
<br />O
<br />i~
<br />F--+
<br />C.C7
<br />..~
<br />CT]
<br />~.
<br />Z
<br />C
<br />m?~
<br />-^i
<br />Z
<br />~~
<br />~~
<br />~ m
<br />~ [z~
<br />r-~- :n
<br />r-' n
<br />A
<br />.~ .4,..
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2095 North Broadweli
<br />r nd Island NE 68803 FOR RECORDER'S USE ONLY
<br />FivE PD~NTS BANK ~.
<br />DEED OE TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall no# exceed at any one time $60,000.00.
<br />~.
<br />a
<br />THIS DEED OF TRUST is dated March 19, 2010, among LARRY W FOWLE; A SINGLE PERSON (''Trustor");
<br />Five Points Bank, whose address is North Branch, 2015 North Broadweli, Grand Island, NE 68803:{referred to
<br />below sometimes as "L®nder" and sometimes as "Beneficiary"-; and FIVE POINTS BANK, whose address is
<br />2015 N BROADWELL AVE, GRAND ISLAND, NE 68$03 (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 />Lander as Beneficiary, all of Trustpr's right, title, and interest in and to the following described real property, together with all existing nr
<br />subsequently erected. or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; ail water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights; and all other rights, royalties, and profits relatings 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 />LOT SIX (61, BLOCK FOUR (4), IN GEORGE LOAN'S SUBDIVISION, IN THE CITY OF GRAND ISLAND, WALL
<br />COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 910E 72TH ST, GRAND ISLAND, NE 68801. The
<br />Real Property tax identification number is 400060310.
<br />CROSS-COLLATERALIZATION. In addition tp the Note, this Deed pf Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to Lander, 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 pr 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 cpntingent, 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 become barred by any statute of limitations, and whether the obligation to repay
<br />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 Truster 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 860,000.00.
<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 to all
<br />present and future leases of the Prpperty 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 DEEb OF TRUST, INCLUDING THE ASSIGNMENT pF 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 />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 />Deed of Trust, and the Related Documents.
<br />
|