|
�
<br />�
<br />N �
<br />a �
<br />-
<br />� �
<br />� �
<br />0
<br />,p ��
<br />� �
<br />N �
<br />�
<br />�
<br />'�
<br />�
<br />� R
<br />_
<br />� , 3 � �� s .� �
<br />RE-RECORD�D ~
<br />201�.02'72G
<br />�
<br />�
<br />C
<br />���
<br />�1 �/1 �
<br />� .T.
<br />�� �
<br />f
<br />� �°^.
<br />�
<br />�
<br />�
<br />�
<br />�
<br />rn
<br />CL7 •
<br />F—�
<br />�
<br />"�
<br />3
<br />c.�
<br />C,J '
<br />0
<br />��
<br />O --�
<br />cn
<br />Z�
<br />--�
<br />� O
<br />O '=1
<br />� Z
<br />� m
<br />n ao
<br />r �
<br />r D
<br />�
<br />�
<br />D
<br />� �
<br />f1�
<br />CJ�
<br />u
<br />A!
<br />:iA
<br />�
<br />.
<br />0
<br />�
<br />O
<br />F—+
<br />F--�
<br />O
<br />►—+
<br />�
<br />H
<br />��
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />Grand Island NE 68803 FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated February 18, 2011, among ERNEST R. WILLIAMS, A MARRIED PERSON, AND
<br />SUSAN K. WILLIAMS, HIS WIFE ("Trustor"); Five Points Bank, whose address is West Branch, 2009 N. Diers
<br />Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary");
<br />and Five Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802-1507 (referred to below as
<br />"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 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") loCated in HALL
<br />County, State of Nebraska:
<br />LOT SEVEN (7), BLOCK TWENTY-EIGHT (28), IN RUSSEL WHEELER'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NE.
<br />The Real Property or its address is commonly known as 106-108 E. 10TH ST., GRAND ISLAND, NE 68801.
<br />The Real Property tax identification number is 400121573.
<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, 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 (6) 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: (a) this Deed of Trust is executed at Borrower's request and
<br />not at the request of Lender; (b) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />Property; (c) 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; (d) Trustor has
<br />established adequate means of obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e)
<br />Lender has made no representation to Trustor about Borrower (including without limitation the creditworthiness of Borrowerl.
<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 Deed 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 Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's possession and use of
<br />y�� �-�
<br />DEED OF TRiTST RF-FILED TO CORRECT NOTARY NATE.
<br />
|