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..�� <br />_ <br />�� <br />�� <br />— <br />� <br />0 � <br />� - <br />� �� <br />0 _ <br />� <br />�� <br />c � <br />� <br />�� <br />� <br />� <br />� <br />�� <br />� <br />.� �-=:: c� cn <br />� !, '.`-` o —� <br />v � c v <br />r _ „ Z -� <br />� _ , -_ c � � <br />r. ,= , � -G <br />G � <br />� i��-_ c� -°-,� <br />� j? ' = � r7, <br />�, ; n � � � <br />� � -- � <br />� �� r`�— n <br />�, , r, F-- cn <br />� <br />� � o � <br />,- <br />�° �" c� � � <br />o ��- --� C/> <br />� � <br />� #� I� ,� �J� t�' <br />WHEN RECORDED TO: <br />GREAT WESTERN BANK <br />Grand Island - Webb Rd <br />700 N Webb Rd �D��p�,t,,�bf� <br />Grand Island. NE 6880 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one tlme $150,000.00. <br />THIS DEED OF TRUST is dated August 2, 2011, among Powhein, L.L.C., a Nebraska Limlted <br />Llability Company ("Trustor"); GREAT WESTERN BANK, whose address is Grand Island - Webb <br />Rd, 700 N Webb Rd, Grand Island, NE 68803 (referred to below sometimes as "Lender" and <br />sometimes as "Beneficiary"); and Great Western Bank, whose address is PO Box 4070, Omaha, <br />NE 68104-0070 (referred to below as "Trustee"): <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, <br />for the beneflt of Lender as Beneflciary, all of Trustor's right,� title, and interest in and to the following described real <br />property, together with all existing or subsequently erected or affTxed buildings, improvements and flxtures; all <br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with <br />ditch or ircigation rights); and all other rights, royalties, and profits relatin to the real property, includin without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the '� Real �roperty located in Hall � OUntY, <br />State of Nebraska: <br />Lots One (1) and Two (2), Cook Subdivision, Hall County, Nebraska <br />The Real Property or its address is commonly known as 4954 W Hwy 30, Alda, NE 68$10. <br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabflities, <br />plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor <br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of <br />the Note, whether voluntary or othervvise, whether due or not due, direct or indirect, determined or undetermfned, <br />absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others, <br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts <br />may be or hereafter may become barred by any statute of Iimitations, and whether the obligatfon to repay such amounts <br />may be or hereafter may become otherwise unenforceable. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor <br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust <br />secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan to <br />Trustor, together with all interest thereon. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and <br />interest in and to all present and future leases of the Properry and all Rents from the Property. In addition, Trustor <br />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents. <br />THIS DEED OF TRUST, INCLUDING THE dSSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND <br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br />ANY AND ALL OBLIGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS <br />DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all <br />amounts secured by this Deed of Trust as they become due, and shall strictly and in a timely manner pertorm all of <br />Trustor's obligations under the Note, this Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the <br />Praperty shall be govemed by the following provisions: <br />Possession and Use. Until fhe occurrence of an Event of Default, Trustor may (1) remain in possession and <br />control of the Property; (2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perForm all repairs, <br />replacements, and maintenance necessary to preserve its value. <br />Compltance With Environmental Laws. Trustor represents and warrants to Lender that: (1) During the period of <br />Trustor's ownership of the Property, there has been no use, generation, manufacture, storage, treatment, disposal, <br />release or threatened release of any Hazardous Substance by any person on, under, about or from the Property; <br />(2) Trustor has no knowledge of, or reason to believe that there has been, except as previously disclosed to and <br />acknowledged by Lender in writfng, (a) any breach or violation of any Environmental Laws, (b) any use, <br />� <br />P�J <br />d <br />� <br />� <br />0 <br />� <br />� <br />C1't <br />U1 <br />�; <br />,..�: <br />K <br />� <br />P� <br />�1 °� <br />