|
...~
<br />~:
<br />m
<br />_ ~ e~
<br />~~ ~
<br />o --~ cam-
<br />N ~ C 171 ~ `~ ~' ~--=' --i
<br />`T'
<br />~ ~~
<br />~ n =
<br />
<br />~ rr ~ ~ ~ c~ v
<br />..a. ~
<br />~ a nn ~ ~ ° ~ '~ can
<br />~
<br />~ r
<br />n a ~!' ° °
<br />~ n N t~'- ~, z
<br />
<br />
<br />~Ir~ I-•-' ~ N
<br /> ^ ~
<br />
<br />~rlir~ rv cn ~ z
<br />....~ ~, o
<br />WHEN RECORDED MAIL TO: ~,C~
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />r nd I I d 6$803 R RECORDER'S USE ONLY
<br />FivE ~rNrs B~41VK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $65,000.00.
<br />THIS DEED OF TRUST is dated June 15, 2010, among THOMAS W HANEY and DIANE K HANEY; HUSBAND
<br />AND WIFE ("Trustor"1; Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand Island,
<br />NE 6$803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary'"); and FIVE POINTS
<br />BANK, whose address is 2015 N. BROADWELL AVE., GRAND ISLAND, NE 68803 (referred to below as
<br />"Trustee" 1.
<br />CONVEYANGE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all ofi 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 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 />TWE NORTHERLY SEVENTY ONE (71) FEET OF LOTS ONE (1) AND TWO 12), IN BLOCK ONE HUNDRED
<br />NINE (109), IN RAILROAD ADDITION TO THE CITY OF GRAND ISLAND, MALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 320 N CLEBURN ST, GRAND ISLAND, NE 68801.
<br />The Real Property tax identification number is 4000812$8.
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, pf 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 Nate, 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 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 565,000.00.
<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 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, INGLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS ANp PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (BI PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, TWE 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 Nate, this
<br />
|