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WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />South Branch
<br />3111 W. Stolley Pk. Rd.
<br />Grand Island, NE 68801
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<br />CONSTRUCTION DEED OF TRUST
<br />THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br />WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br />FOR RECORDER'S USE ONLY
<br />III
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<br />THIS DEED OF TRUST is dated August 18, 2014, among L & P INVESTMENTS, L.L.C.; A
<br />NEBRASKA LIMITED LIABILITY COMPANY ( "Trustor "); Five Points Bank, whose address is
<br />South Branch, 3111 W. Stolley Pk. Rd., Grand Island, NE 68801 (referred to below sometimes
<br />as "Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose address is P.O Box
<br />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,
<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 Property ") located in Hall County,
<br />State of Nebraska:
<br />SUITE A OF 2535 N. CARLETON AVENUE CONDOMINIUM REGIME IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA tea :.•,.
<br />The Real Property or its address is commonly known as 2535 North Carleton, Suite A, Grand
<br />Island, NE 68803.
<br />CROSS - COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<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 otherwise, whether due or not due, direct or indirect, determined or undetermined,
<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 limitations, and whether the obligation to repay such amounts
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