Laserfiche WebLink
Document management portal powered by Laserfiche WebLink 9 © 1998-2015 Laserfiche. All rights reserved.
� <br />� <br />� <br />- <br />N <br />B � <br />� .�� <br />� �� <br />� �� <br />_— <br />-�I ��■ <br />� � <br />� � <br />� <br />.� <br />s <br />� <br />..�� <br />r � y .. 0. <br />� � �. ' <br />� <br />= v <br />� J� N <br />� Z <br />a � <br />� � <br />r�s <br />0 <br />►--+ <br />�..+. <br />S <br />� O <br />C� <br />r r,��, � .,� <br />C'E �"i <br />�c � <br />� w <br />N � � <br />m 3 <br />� � <br />° � rv <br />r+ en <br />r*t � <br />O <br />� <br />C� U� <br />CQ -a <br />C � <br />Z � <br />� <br />-�C p <br />o� <br />� Z <br />= m <br />3a c9D <br />r � <br />r n� <br />� <br />�c <br />a <br />�� <br />G� <br />tt'� <br />0 <br />{ V <br />O <br />F�-� <br />F-r <br />O <br />� <br />rn <br />t-+ <br />-�.� <br />`.� <br />�_� <br />� <br />�� <br /><,�' <br />WHEN RECORDED ,tVIAIL TO: <br />Five Points Benk /�'f/� � � V <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island NE 68803 FOR RECORDER'S USE ONLY � <br />�IVE POINTS BANK `�° <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated October 4, 2011, among ARLENE N SCHWARTZ, A SINGLE <br />WOMAN ("Trustor"); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., <br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand Island, NE <br />68802-1507 (referred to below as "Trustee"). <br />CONVEYANCE AIVD GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, <br />for the benefit of Lender as Beneficiary, 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 affixed buildings, improvements and fixtures; all <br />easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with <br />ditch or irrigation rights►; and all other rights, royalties, and profits relating to the real property, including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Propel'iy") IOCated in HALL <br />County, State of Nebraska: <br />Lot Eleven (11), Block Two (2), Dickey Third Subdivision, Hall County, Nebraska. <br />The Real Property or its address is commonly known as 2664 O'FLANNAGAN ST, GRAND <br />ISLAND, NE 68803. <br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving <br />line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the <br />Credit Agreemerrt. Such advances may be made, repaid, and remade from time to time, subject to the limitation that <br />the total outstanding balance owing at any one time, not including finance charges on such balance at a fixed or <br />variable rate or sum as provided in the Credit Agreement, any temporary overages, other charges, and any emourrts <br />expended or advanced as provided in this paragraph, shall not exceed the Credit Limit as provided in the Credit <br />Agreement. It is the irrteMion of Trustor and Lender that this Deed of Trust secures the balance outstanding under the <br />Credit Agreement from time to time Trom zero up to the Credit Limit as provided in the Credit Agreement and any <br />intermediate balance. <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 Property and all Rents from the Property. In addition, Trustor <br />grants to Lender a Uniform Commercial Code security interest in the Personai Property and Rents. <br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND <br />PERSOIVAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF <br />EACH OF TRUSTOR'S AGREEMENTS AND OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS <br />