Laserfiche WebLink
Document management portal powered by Laserfiche WebLink 9 © 1998-2015 Laserfiche. All rights reserved.
~~ '~ <br />N ~ ~ ~ n <br />~ ~.~..,, <br />a ..~ N C rn to <br />~~ ~ ~ Z ~ x <br />w ~..~. ~ A v .- <br />j ...~.~... m A ~ <br />~ ~~ <br />r.rl^^... `~ <br />~~~ 0 ~~ <br />^ ~ ~- <br />~. <br />~~ ((^^ <br />~ O o <br />"1 <br />r~ <br />° c~ cn <br />o ~ <br />~ ~n <br />_~ ~ <br />--c ~ <br />~a <br />-v <br />ca <br />w <br />~~ <br />~, <br />~-, <br />n <br />r ~ <br />r n <br />x <br />a~ <br />cn <br />rv <br />e~ <br />I--~ <br />W <br />I--+ <br />v <br />m <br />~Z-I <br />m <br />m <br />O <br />a <br />C <br />m <br />O <br />WHEN RECORDED MAIL TO: ~' <br />Five Points Bank <br />West Branch <br />2009 N, piers Ave. <br />Grand Island, NE 68803 _ FOR RECORDER'S USE ONLY <br />FIVE DINTS ~4NK ~ <br />DEED OF TRUST <br />~~ <br />~~ <br />THIS DEED OF TRUST is dated May 7, 2010, among ERICA LEE NICKESON HAAKE and TREVOR DALE <br />HAAKE; Wife and Husband ("Trustor"-; Five Poin#s Bank, whose address is West Branch, 2009 N. Diers Ave., <br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"1; and Five <br />Points Bank, whose address is P.O Box 7 507, Grand Island, NE 68802-1507 (referred to below as "Trustee"1. <br />CONVEYANCE AND GRANT. Far 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 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") IOCated in HALL <br />County, State of Nebraska: <br />Lot One 11 ), Westwood Park Eighth Subdivision, in the City of Grand Island, Hall County, Nebraska. <br />The Real Property or its address is commonly known as 4126 FLEETWOOD RD, GRAND ISLAND, NE $8803. <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 Property and all Rents from the Property. In addition, Truster 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, ANp 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- Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the <br />Property; Ic1 the provisions of this Deed of Trust do not conflict with, pr result in a default under any agreement or ether instrument <br />binding upon Trustor and do not result in a violation of any law, regulation, epurt decree or order applicable to Trustor; (d) Trustor has <br />established adequate means of obtaining from Borrower on a continuing basis information about Borrower's financial condition; and le) <br />Lender has made no representation to Trustor about Borrower (including without limitation the creditworthiness of Borrower). <br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other <br />law which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise <br />entitled to a claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially pr by <br />exercise of a power of sale. <br />PAYMENT AND PERFORMANCE. Except as otherwise prpvided in this Deed of Trust, Borrower shall pay to Lender all Indebtedness <br />secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall perform all their respective obligations under the Note, <br />this Deed pf Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF 7HE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's possession and use of <br />the Property shall be governed by the following provisions: <br />Possession and Use. Until the pecurrence 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 (3) collect the Rents from the Property. <br />