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201702210
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Last modified
4/7/2017 4:20:15 PM
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4/7/2017 4:20:15 PM
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DEEDS
Inst Number
201702210
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f <br />71 <br />Fn <br />N — C <br />Is <br />N <br />- = <br />0 �� <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />Diers Branch <br />2009 N. Diers Ave. <br />PO Box 1507 <br />Grand Island, NE 68802 <br />r n <br />rn <br />n = <br />FIVE POINTS BANK <br />11111111111111111 II III III 11111111111111111111111111111111111 111111III I I 11111 IIIIIIIIIIIIII II <br />{ r <br />yi <br />FOR RECORDER'S USE ONLY <br />CONSTRUCTION DEED OF TRUST <br />THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT <br />I. WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT <br />THIS DEED OF TRUST is dated April 7, 2017, among KEVIN L CAREY and MICHELLE L CAREY; <br />Zfax <br />= Husband and Wife ( "Trustor "); Five Points Bank, whose address is Diers Branch, 2009 N. Diers <br />- Ave., PO Box 1507, Grand Island, NE 68802 (referred to below sometimes as "Lender" and <br />rY'tl sometimes as "Beneficiary "); and Five Points Bank, whose address is P.0 Box 1507, Grand <br />:71- Island, NE 68802 -1507 (referred to below as "Trustee "). <br />'it) ▪ CONVEYANCE CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, <br />W Fri for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real <br />vy property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; all <br />( ,, Al easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with <br />\-N XI ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, including without <br />INC limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL <br />CI <br />f7'1 County, State of Nebraska: <br />C) <br />Lot Two (2), Sandy Beach Third Subdivision, Hall County, Nebraska <br />The Real Property or its address is commonly known as 2405 E STOLLEY PARK RD, GRAND <br />ISLAND, NE 68801. The Real Property tax identification number is 400390779. <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 Property 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 />
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