|
~~
<br />~~
<br />~ , .
<br />rti
<br />
<br />IV ~ :"s ~ ~ Gn Z
<br />~ ~ ~ ~ ~
<br />=3 C Ti
<br />r's~
<br /> ~ ---I
<br /> ~ ~ '-
<br />` ~
<br />CO
<br />~ - ~ ~ ca ~ '
<br />~
<br />q F--'
<br />1
<br />~ ~ ~
<br />N
<br />~ C
<br />/7
<br /> n C/f ~"
<br />`` ~ ~ C~ Z
<br /> '~
<br />rT't
<br />J
<br />~ Ts~ CA
<br />--'
<br /> r
<br />:U
<br /> ~
<br />~r~ ~ x CA
<br />~~ f._„ ..~. n. Cal ?
<br />
<br />
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand I_sland~ NE 6$803 ,, _ ,_.,_„ FOR REC_ORDER'S USE ONLY
<br />FIVE PQ-NTS BANK ~~
<br />~~
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed. of Trust shall not exceed at any one time 540,000.00.
<br />THIS DEED OF TRUST is dated March 19, 2010, among LARRY W FOWLS; A SINGLE PERSON ("Trustor");
<br />Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, NE 68$03 (referred to
<br />below sometimes as "Lender'' and sometimes as "Beneficiary"); and FIVE POINTS BANK, whose address is
<br />2015 N BROADWELL AVE, GRAND ISLAND, NE 68803 (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 irrigaticn 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 MALL
<br />County, State of Nebraska:
<br />LOT TWO 121, EXCEPT THE NORTHERLY SIX 161 FEET THEREOF, BLOCK ELEVEN (111, IN PACKER AND
<br />BARR'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 408 N BOGGS ST, GRAND ISLAND, NE 68801. The
<br />Real Property tax identification number is 400069474.
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed 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 or unrelated to the purpose of the Note, whether voluntary ar otherwise,
<br />whether due ar not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Trustor
<br />may be liable individually ar jointly with others, whether obligated as guarantor, surety, accommodatien party or otherwise, and whether
<br />recovery upon such amounts may 6e 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 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 540,000.00.
<br />Trustor presently assigns to Lender lalso 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 />Code security interest in the Personal Property and Rents.
<br />TWIS DEED OF TRUST, INCLUDING TWE ASSIGNMENT pF RENTS AND THE SECURITY INTEREST IN TWE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN Tp SECURE (A) PAYMENT OF THE INDEBTEDNESS AND IB) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN ANp 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 Dead 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 />
|