|
~
<br /> ~a
<br />
<br />" rn ~
<br />m
<br /> Z ~ .. +Y a . ~ ,. ~ ~. , ca - ~
<br />
<br />N ~~ ~.. G ~ ~' ~~ L ~ ~ ~ ~, v
<br />
<br />p ~ ~ o~ c~~ ~ :x rn 2
<br />rr. ~
<br />N .a.......^^ ~ ~
<br />" ~ ~ r' ~ ~ C1"1
<br />cQ ~ M i ~ q ~
<br />4 rv ~
<br />~ c ~
<br /> ~ ~ o ~ ~ ~ rv
<br /> c
<br /> o
<br />
<br />
<br />
<br />
<br /> 5 5v
<br /> ~
<br />.
<br /> (Space Above This Line For Recording Data)
<br /> COMMERCIAL REAL ESTATE DEED OF TRUST
<br /> FUTURE ADVANCES AND ~F'[JTURE OBLIGATIONS ARE SECURED BY THIS REAL ESTATE D EED
<br /> OF TRUST
<br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on August 5, 2010 by
<br />the grantor(s) Travis D Fagan, whose address is 9251 W Loup River Road, Dannenbrog, Nebraska 68831 ,and
<br />Traci R Fagan, Husband and Wife, whose address is 9251 W Loup River Raad, Dannenbrog, Nebraska 68831
<br />("Grantor"). The trustee is Union Bank & Trust Company whose address is 3643 South 48th Street, Lincoln,
<br />Nebraska 68506 ("Trustee"). The beneficiary is Union Bank & Trust Company whose address is 200$ North
<br />Webb Road, Grand Island, Nebraska 68803 ("Lender"), which is organized and existing under the laws of the
<br />State of Nebraska. Grantor in consideration of loans extended by Under up to a maximum principal amount of
<br />Four Hundred Seventy-five Thousand and 00/100 Dollars ($475,000.00) ("Maximum Principal Indebtedness"),
<br />and for other valuable consideration, the receipt of which is acknowledged, irrevocably grants, conveys and
<br />assigns to 't'rustee, in trust, with power of sale, the land and property described below:
<br />Legal Description: A tract of land comprising a part of the Northeast Quarter (NE1/4), of Section Two (2),
<br />Township Twelve (12) North, Range Eleven (11) West of the 6th P.M., Hall County, Nebraska, and more
<br />particularly described as follows:
<br />Beginning at a point on the north line of said Northeast Quarter (NEl/4), said point being One Thousand
<br />Four Hundred Ninety Five and Forty Seven Hundredths (1,495.47) feet west of the northeast corner of said
<br />Northeast Quarter (NEl/4), said point also being on the 3rd Standard Parallel; thence N89°18'06" W,
<br />along and upon the north line of said Northeast Quarter (NE1/4), and also being along and upon said 3rd
<br />Standard Parallel, a distance of Twenty One and Four Hundredths (21.04) feet to a point nn the west line
<br />of a survey by Clark A. Boschult, L. S. No. 438, dated December 8, 1987; thence 800°54'45"W, along and
<br />upon a west line of said Clark A. Boschult survey, a distance of Three Hundred Sixty Eight and One
<br />Hundredth (368.01) feet to a corner of said Clark A. Boschult survey; thence 585°12'20"E. a distance of
<br />One Hundred Sixteen and Ninety One Hundredths (116.91) feet; thence N00°53'30"E, a distance of One
<br />Hundred Thirty Four and Fifty Six Hundredths (134.56) Feet; thence N35°57'38"W, a distance of One
<br />Hundred Fifty Eight and Eleven Hundredths (158.11) feet; thence N00°34'23"E, a distance of One
<br />Hundred Fourteen and Ninety Seven Hundredths (114.97) feet to the point of beginning and containing
<br />0.607 acres, more or less, now known as Lot One (1), Wieck Subdivision, Hall County, Nebraska.
<br />Together with all easements, appurtenances abutting streets and alleys, improvements, buildings, fixtures,
<br />tenements, hereditaments, equipment, rents, income, profits and royalties, personal goods of whatever description
<br />and all other rights and privileges including all minerals, oil, gas, water (whether groundwater, subterranean or
<br />otherwise), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant to the above-
<br />described real property), wells, well permits, ditches, ditch rights, reservoirs, reservoir rights, reservoir sites,
<br />storage rights, dams and water stock that may now, or at any time in the future, be located on and/or used in
<br />connection with the above_described real property, payment awards, amounts received from eminent domain,
<br />amounts received from any and all insurance payments, and timber which may now or later be located, situated, or
<br />affixed on and used in connection therewith (hereinafter called the "Property").
<br />RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions,
<br />guaranties, environmental agreements, subordination agreements, assignments of leases and rents and any other
<br />,,,,,, •~ documents or agreements executed in connection with this Security Instrument whether now or hereafter existing.
<br />ti; ,•~~ ti• ~~,,~ f~ Thy "~'"e~Iatet# D(cuments are hereby made a part of this Security Instrument by reference thereto, with the same
<br />,.' .~~ •. • • • , ~Fo~C and effect as if fully set forth herein.
<br />- ,:.~+ ,•
<br />~=~•' U = ~~I1~~TEDNESS. This Security Instrument secures the principal amount shown above as may be evidenced by a
<br />- = '~ F caprgm~s$~ry note or notes of even, prior or subsequent date hereto, including future advances and every other
<br />..:• ~ ;r`~S ~ ;";'incle)Zfe~ness of any and every kind now or hereafter owing from Grantor to Lender, howsoever created or arising,
<br />~` `~~ •. ~ ~~ v,~be~~r primary, secondary or contingent, together with any interest or charges provided in or arising out of such
<br />• '~' Y`"~ •~~'"igj~e~rtedness, as well as the agreements and covenants of this Security Instrument and all Related Documents
<br />'~`~' 'y ''~~~~(la~reinafter all referred to as the "Indebtedness"). INCREASED MAXIMUM PRINCIPAL
<br />'~`F''"'A)'""`"`•1NDEBTEllNE55: Grantor hereby acknowledges that the principal amount shown above will
<br />automatically be increased by any future advances ar other indebtedness of the Grantor to the Lender,
<br />C~i 2004.2010 Compliance Systems, Inc. F947-CB69 - 2010.05365
<br />Commercial Real (stale Security Inslrumenl - DIAUU7 Nflge 1 of 5 www.cumplinncesystems.cum
<br />
|