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MIIIIIIIMMIIM <br />N ,3 <br />CS) m <br />..., -n <br />cn •�� c <br />is) 0 ��■ rn 9' le <br />IIII <br />11 <br />i <br />* 000000000101286094034005202015* <br />FIvE P0INTS BANK <br />111111111111111111 II 1101 IIII 11111111111 11 111111111111111111111111111111 1 1111111111111111111 <br />IIIIIIIIIIIIIII <br />r) <br />N <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 />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />North Branch (� <br />2015 North Broadwell ' <br />Grand Island, NE 68803 FOR RECORDER'S USE O Y <br />THIS DEED OF TRUST is dated May 20, 2015, among KEN SHUDA CONSTRUCTION LLC; A <br />LIMITED LIABILITY COMPANY ( "Trustor "); Five Points Bank, whose address is North Branch, <br />2015 North Broadwell, 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 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 <br />County, State of Nebraska: <br />LOT TWO (2), SUMMERFIELD ESTATES NINTH SUBDIVISION, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 3930 CHUKAR CIRCLE, GRAND <br />ISLAND, NE. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to <br />Borrower whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed <br />of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion may loan <br />to Borrower, 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 />ITII <br />m <br />rn <br />0 <br />D <br />C!) <br />CCJ) <br />33 <br />m <br />---I <br />CO <br />