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�� <br />�� <br />�� <br />- <br />N �� <br />e <br />� � <br />N � <br />B <br />�� <br />C � <br />� �� <br />�� <br />��� <br />.��■ <br />�� <br />�� <br />• . � <br />e� <br />� <br />C <br />�' � (� <br />7��C S ,• <br />rv <br />G� C7 tA <br />_ � C D' � <br />8l e � � � .� N <br />� � � � � rn O - <br />�- O <br />� � � � _ � � T ~ �. <br />� � C.0 � Z N <br />� = rn C� � <br />V� `-" � � � ` � <br />� � � r � N �� <br />� <br />�.+ O <br />� ° r`� v C,!"! � <br />U` `� F-' � �' �:s <br />rn -.,7 ct� � !�!4 <br />v N � <br />'^,�.►, <br />�. <br />WHEN RECORDED MAIL TO: <br />Flve Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />FivE PO►NrS B�uuK �° -�� <br />DEED OF TRUST <br />THIS DEED OF TRUST is dated March 12, 2012, among KENNETH W MENARD end GAIL L <br />MENARD; HUSBAND AND WIFE ("Trustor"1; Five Points Bank, whose address is West Branch, <br />2009 N. Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and <br />sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand <br />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, <br />for the benefit of Lender as Beneficiary, all of Trustor's right, title, and interest in and to the tollowing 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 pro�erty, including without <br />limitation all minerals, oil, gas, geothermal and similar matters, (the ° Real Pt'Operiy ) IoCeted 'In HALL <br />County, State of Nebraska: <br />Lot Five (5), in Block Seven (7), in Claussen Country View Addition to the City of Grand <br />Island, Hell County, Nebraska. <br />The Real Property or its address is commonly known as 919 S VINE ST. GRAND ISLAND, NE <br />68801-8035. <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 alI the terms of the <br />Credit Agreement. 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 rete or sum as provided in the Credit Agreemer►t, any temporary overages, other cherges, and any amounts <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 intention of Trustor and Lender that this Deed of Trust secures the balance outstanding under the <br />Credit Agreemerrt from time to time from 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 Personal Property and Rents. <br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT 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 />