Laserfiche WebLink
�. <br />� <br />�I� <br />N � <br />m <br />,� <br />� � <br />m _� <br />� .� <br />� �` <br />� <br />�� <br />�� <br />� n� <br />�� <br />iB 4 C <br />� <br />�� <br />� <br />"\ <br />"!;' � a <br />f. . <br />aar <br />� <br />� <br />� <br />n�`�' <br />�_ <br />�� <br />�_> <br />�� <br />��� <br />� � � t� ` c:� <br />�E r�� �� � <br />_ �> <br />7C � , ` =�= r'�v <br />T, <br />�=, ��; <br />�, � _� <br />` T ' � <br />C7 } <br />U% �� <br />��1 h <br />r� <br />\ �� <br />�a <br />(5pace Ahove This Line For Recording Data) <br />C�MMERCIAL REAL ESTATE DEED OF TRUST <br />c� u> <br />c:� —� <br />� � <br />---i <br />� r <br />-�r �, <br />.� -,:.� <br />-�, � <br />� r <br />�. �� <br />r-- � <br />� � <br />U7 <br />� � +� <br />� <br />� <br />This COMMERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on November 19, <br />2010 by the grantor(s) Ted Robb, A Single Person, whose address is 2811 South Locust St, Grand Island, <br />Nebraska 68801 ("Grantor"). The trustee is Union Bank & Trtxst Company whase address is 3643 South 4$th <br />Street, Lincaln, Nebraska 68506 ("Trustee"). The beneficiary is Unian Bank & Trust Company whose address <br />is 3643 Soath 48th Street, PO Box $2535, Lincoln, Nebraska 68501-2535 ("I.ender"), which is organized and <br />existing under the laws of the State of Nebraska. Grantor in consideration of loans extended by Lender up to a <br />maximum principal arnount of Three Hundred Eighty-six Thousand k'ive Hundred and OQ/1QQ Dollars <br />($3$G,SOU.00) ("Maximum Principal Indebtedness"), and for ather valuable consideration, the receipt of which is <br />acknowledged, irrevocably grants, c�nveys and assigns to Trustee, in trust, with power of sale, the land and <br />property described below: � <br />Address: 227 and 235 E. Stolley Park Road, Grand Island, Nebraska 68801 <br />Legal Description: Lots One (1) and Two (2), in Racqaet Club Subdivisian, ip the City of Grand �sland, <br />Hall County, Nebraska <br />Together with all easements, appurtenances abutting streets and alleys, improvernents, buildings, fixtures, <br />tenements, hereditaments, equiprnent, 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 />otherwisc), water rights (whether riparian, appropriate or otherwise, and whether or not appurtenant Co Che 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/c7r used in <br />connection with the ahove-described real property, payment awards, amounts received from eminent domain, <br />amounts received from any and all insurance payments, and timber which rnay 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 agreernents, <br />prior mortgages, prior deeds of trust, business loan agreements, construction loan agreements, resolutions, <br />guaranties, environrnental agreements, subordination agreements, assignments of leases and rents and any other <br />docurnents or agreements executed in connection with this Security Instrument whether now or heteafter existing. <br />'I'he Related Documents are hereby rnade a part of this 5ecurity Instrurnent by reference thereto, with the sarne <br />force and effect as if fully set forth herein. <br />INDEBTEDNESS. This Security Instrument secures the principal amount shown above as may be evidenced by a <br />promissory note or notes of even, prior or subsequent date hereto, including future advances and every other <br />indebtcdness of any and every kind now or hereafter owing from Grantor to Lender, howsoever created or arising, <br />whether prirnary, secondary or contingent, together with any interest or chatges provided in or arising out of such <br />indebtedness, as well as the agreements and covenants of this Security Instrument and all Related Documents <br />(hereinafter all referred to as the "Indebtedness"). INCREASED MAXIMUM PRINCIPAL <br />INDEBTEDNESS: Grantor hereby acknowledges that the principal amount shown above will <br />automatically be increased by any t�tnrc advances or other Indebtedness of the Grantor to the Lender. <br />Notwithstanding the foregoing, the parties a e that the total amount which is secured by this Security <br />Instrument shall not exceed $7'73,000.00. �(Initials) <br />FUTURE ADVANCES. To the extent permitted by law, this Security Instrument will securE future advances as if <br />such advances were rnade on the date of this Security lnstrurnent regardless of thc fact that from tirne to time there <br />may be no balance due under the note and regardless of whether Lender is obligated to make such future advances. <br />CROSS COLLATERALIZATION. It is the expressed intent af Grantor to cross collateralize all of its <br />Indebtedness and obligations to Lender, howsoever arising and whensoever incurred. <br />WARRANTIES. Grantor, for itself, its heirs, personal representatives, suc:cessors, and assigns, represents, <br />warrants, covenants and agrees with Lender, its successors and assigns, as follows: <br />Performance of Obligatians. Grantor pramises to perform all terms, conditions, and covenants of this <br />Security Instrument and Related Documents in acc;ordance with the terms contained therein. <br />Defense and Title to Property. At the tirne of execution and delivery of this instrument, Grantor is lawfully <br />seised of the esCate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the <br />� 2U04-2010 Cnmpliance Systems, Inc. 1•Y47-4BUC - 2010.05 3!S <br />Commcrcial Rcxl Estam Sewrity InElrument - DI,4W7 Pxgc 1 ot S www.cnmpliancesyslcros.wm <br />c� <br />N <br />� <br />N <br />c� <br />� <br />� <br />^� <br />�a <br />� <br />m <br />� <br />;77 <br />f�l'1 <br />� <br />x� <br />rn <br />� <br />� <br />--I <br />� <br />� <br />� <br />� <br />� <br />0 <br />��°p0 <br />