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- <br />�� <br />N � <br />� �� <br />� � <br />0 <br />� �� <br />� <br />� a <br />� �� <br />�� <br />� <br />� <br />�� <br />— <br />�� <br />�� <br />�� <br />y;�. <br />l � <br />a ' , <br />r' � <br />i i: <br />� ; <br />i ; <br />, <br />� N <br />r7 <br />i y, � Y--1 <br />tl ��y <br />a <br />n ,_ <br />°� � " � <br />� �° � T ! • --� <br />c� �- -- <br />o r` ' <br />N <br />� <br />� � � ��. � <br />� <br />--� � <br />��.� r�� � <br />� <br />i 4 � ° � '� C.J <br />� � <br />p '�' _ <br />rn � ►--� <br />r*t � F ,— ' <br />� <br />cn <br />n � <br />� � <br />c a� <br />z � <br />� m <br />'� o <br />O �1 <br />� � <br />= m <br />D � <br />r � <br />r D <br />� <br />R <br />n <br />.� .._. <br />U'� <br />tt� <br />Q <br />N <br />O <br />F—� <br />F--� <br />O <br />� <br />Q� <br />� <br />CO <br />b <br />� <br />ra <br />�� <br />�. <br />WHEN RECORDED MAIL TO: �� �u <br />Five Points Bank � <br />West Branch � <br />2009 N. Diers Ave. <br />Grand Island. NE 68803 FOR RECORDER'S USE ONLY <br />Ftl/E POINTS �ANK � <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 5560,000.00. <br />THIS DEED OF TRUST is dated June 22, 2011, among BTW PROPERTIES INC; a Nebraska Corporation <br />("Trustor"); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE 68803 <br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose <br />address is P.O Box 1507, Grand Island, NE 68802-1507 (referred to below as "Trustee"). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefrt 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 ot way, and eppurtenances; 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, (th� "Real Property") located in Hall <br />County, State of Nebraska: <br />Lot Three (3), Commerical Industrial Park Second Subdivision, in the City of Grand Island, Hall County, <br />Nebraska and the East Fifty Feet (E50') of Lot Two (2) and the Northeast 62.65 Feet of Lot Four (4); <br />Commercial Industrial Park Second Subdivision, in the City of Grand Island, Hall County, Nebraska togetherrr <br />with that tract of land described as follows: That part of Frontage Road in Commercial Industrial Park <br />Second Subdivision, vacated by Ordinance No. 6450, more particularly described as that part of Frontage <br />Road abutting upon the East 50 Feet or 15.240 meters, of Lot 2 and all of Lot 3, Commercial Industrial <br />Park Second Subdivision in the City of Grand Island, Hall County, Nebraska. <br />The Real Property or its address is commonly known as 2621 West Highway 30, Grend Island, NE 68803. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures alI future advances made by Lender to Trustor whether or not the <br />advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts <br />specified in the Note, all future amounts Lender in its discretion may loen to Trustor, together with all interest thereon; however, in no <br />event shall such future advances (excluding interest) exceed in the aggregate $560,000.00. <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 (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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by <br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this <br />Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be <br />governed by the following provisions: <br />