|
<br />~ ~
<br />~.^
<br />~~
<br />
<br />~ ~ r
<br />..~ :~:
<br />~ ~~
<br />r7,
<br />
<br />~~
<br />_
<br />,~~.
<br />err ~
<br /> c~
<br /> r•.:
<br /> c~ cn
<br />a
<br />Z
<br /> ~ c> --{
<br /> .tr
<br />~ c ~_ r~
<br /> ~ ~ ~ ~
<br />~ ~ ~ fr1 C~ ~
<br />
<br />
<br /> -
<br />~ p ~ ~ j ~ r.r~ C/]
<br />m ~
<br />~ rn ~-~j ~ ~ ~ ~
<br />~ = a
<br /> ~
<br />~ ~ rv ~
<br />~
<br /> 1 ~ c.c~ m
<br /> ~ 0 c~ .-....,,w.
<br /> ._,~ `~ ~
<br />
<br /> z
<br /> 0
<br />WHEN RECORDED MAIL TO: ~ ~ ~D
<br />Five Points Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />FIVE POinrrS B~ww-~
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated June 18, 2010, among DIANA L WHITEHEAD; a Married Woman and GLENN
<br />EUGENE WHITEHEAD, her' Husband ("Trustor"); Fiv® Points Bank, whose address is West Branch, 2009 N.
<br />Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and Five Points Bank, whose address is P,0 Box 1507, Grand Island, NE 68802-1507 (referred
<br />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 irrigation rights); 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 />Condominium Unit 1004, The Yanc®y, a Condominium, in the City of Grand Island, Hall County, Nebraska,
<br />a Condominium in accordance with the Declaration recorded on October 17, 1984 under Instrument
<br />#84-005507 of the County of Hall, State of Nebraska.
<br />The Real Property or its address is commonly known as 123 N LOCUST ST #1004, GRAND ISLAND, NE
<br />68801.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this heed 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, 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, AND 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: (al this Deed of Trust is executed at Borrower's request and
<br />not at the request of Lender; (bl Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />property; Ic- the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument
<br />binding upon Trustor and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; Id- 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 or by
<br />exercise of a power of sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Peed 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 of Trust, and the Related bocuments.
<br />
|