|
�
<br />�
<br />�
<br />! '
<br />�
<br />�
<br />�
<br />�
<br />�
<br />_�
<br />�
<br />l 7 �
<br />�
<br />f . ,
<br />, i i i � :. P • .
<br />� ' � �.. �� .... . � � �
<br />�
<br />A C R
<br />� � � _
<br />� _
<br />f
<br />1 :
<br />��
<br />n .
<br />r {
<br />r � , >
<br />c`� ( _
<br />c �-�
<br />� '.
<br />rn
<br />u� � ``•
<br />ni
<br />�
<br />o (_ ,a
<br />a �� :.
<br />rn
<br />d ��
<br />(Space Above This Line For Recording Data)
<br />COMMERCIAL REAL ESTATE DEED OF TRUST
<br />T"�.S
<br />.�:>
<br />.-_..
<br />T
<br />rn
<br />�
<br />N
<br />CI'1
<br />'"C7
<br />�
<br />�
<br />N
<br />t.T't
<br />CIl
<br />n �
<br />o -+
<br />� p'
<br />Z �
<br />� m
<br />-�c p
<br />c� "'�
<br />� �
<br />--" ('ri
<br />D m
<br />r �
<br />r n
<br />cn
<br />..� �
<br />(J'�
<br />cl'�
<br />�
<br />CC�
<br />�
<br />�
<br />�
<br />�
<br />�
<br />�
<br />v
<br />�
<br />O
<br />F—s
<br />t--�
<br />O
<br />t-�
<br />c.!'t
<br />�
<br />�
<br />s�
<br />�'�
<br />This CONIIVIERCIAL REAL ESTATE DEED OF TRUST ("Security Instrument") is made on February 24, 2011
<br />by the grantor(s) Theodore J Robb, A single person, whose address is 2811 South Locust St, Grand Island,
<br />Nebraska 68801 ("Grantor"). The trustee is Union Bank and Trust Company whose address is 3643 So 48th
<br />St, PO Boz 82535, Lincoln, Nebraska 68501-2535 ("Trustee"). The beneficiary is Union Bank & Trust
<br />Company whose address is 3643 South 48th Street, PO Boz 82535, Lincoln, Nebraska 68501-2535 ("Lender"),
<br />which is organized and existing under the laws of the State of Nebraska. Grantor in consideration of loans
<br />extended by Lender up to a maximum principal amount o€ Five Hundred Thousand and 00/100 Dollars
<br />($500,000.00) ("Maximum Principal Indebtedness"), and for other valuable consic�eration, the receipt of which is
<br />aclrnowledged, irrevocably grants, conveys and assigns to Trustee, ,in tru�t, with power of sale, the following
<br />described property located in the COiJNTY of HALL, State of Nebraska:
<br />s, r ". ,.- •
<br />Address: 3005 S Locust, Grand Island, Nebraska 68801 �;; �}, „�r,;
<br />Legal Description: Beginning at a point on the West line of Section Twenty Seven (2'7), Township Eleven
<br />(11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska, said point being located Three
<br />IIundred Twenty Foar (324.0) feet North of the Northwest corner of the Southwest Quarter of the
<br />Southwest Quarter (SWl/4SW14� of said Section 27, running thence East parallel with the South line of
<br />said Southwest Quarter of the Southwest Quarter (SWl/4SW1/4) a distance of Siz Hundred Siaty (660.0)
<br />feet, running thence North parallel with the West line of said Section Twenty Seven (2'n, a distance of
<br />Three Hundred Thirty Siz (336.0) feet, running thence West parallel with the South line of said Soathwest
<br />Quarter of the Southwest Quarter (SWl/4SW1l4) a distance of Sig Hundred Sizty (660.0) feet to a point on
<br />the West line of said Section Twenty Seven (2'n, thence South along and upon the West line of Section
<br />'I�venty Seven (2�, a distance of Three Hundred Thirty Six (336.0) feet to the point of beginning
<br />EXCEPTING a tract of land more particularly described.in Deed recorded in the Register of Deeds Office
<br />as Document No. 200007704
<br />Property Size: 5.08 acres.
<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, reseryoir 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 awar�is, amounts received from eminent domain,
<br />amounts received from any and all insurance payments, and timb�r which may now o� later be located, situated, or
<br />affixed on and used in connection therewith (hereiriafter calle� the "Property"�. '`
<br />,,
<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 existi�g.: ,
<br />The Related Documents are hereby made a part of this Security Instrument by reference thereto, with the same
<br />force and effect as if fully set forth herein.
<br />INDEBTEDNESS. This Security Instrument secures the principal amount shown above as may be evidencetl try a`
<br />promissory note or notes of even, prior or subsequent date hereto, including future advances and every other
<br />indebtedness of any and every kind now or hereafter owing from Grantor to Lender, howsoever created or u`ising,
<br />whether primary, secondary or contingent, together with any interest or chazges provided in or arising out of such
<br />indebtedness, as well as the agreements and covenants of this Security Instrument and a11 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 />sutomatically be increased by any future advances or other indebtedness of the Grantor to the Lender.
<br />Notwithstanding the foregoing, the parties ag ee that the total amount which is secured by this Sec�rri�tyy
<br />Instrument shall not egceed $1,000,000.00 � � (initials)
<br />FUTURE ADVANCES. To the extent permitted by law, tkis Security Instrument will secure future advances as if
<br />such advances were made on the date of this Security Instrument regardless �f ttie fact that from time to fiime there
<br />may be no balance due under the note and regardless of whether Lender is obligated_ to make such future advances.
<br />O 2004-2010 Compliance Systems, Inc. F947-2780 - 2010.05.365
<br />Commercial Real Estate Secu�ity Instrumert - DLA007 Paga 1 of 5 . wwvr.comptiancesystans.com
<br />
|