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M <br />h <br />0 A C A <br />= D Z <br />N <br />R <br />1 xvl <br />1 <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />0 <br />N <br />ci <br />CD <br />CD <br />CD <br />N <br />O <br />t� <br />4 <br />l <br />d <br />Qr <br />Cc <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />fl <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $50,000.00. <br />THIS DEED OF TRUST is dated January 17, 2001, among STEVEN R. HAMELOTH and CONNIE D. <br />HAMELOTH; HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N. <br />Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE 68802 -1507 <br />(referred to below as "Trustee "). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or <br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights royalties, andprofits relating to the real property includingg <br />without limitation all minerals, oil, gas, geothermal and similar matters; (the "Real �roperty ") located in HALL County, $fate of <br />Nebraska: <br />LOT ELEVEN (11), BLOCK ONE (1), JENKINSON SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The Real Property or its address is commonly known as 2608 N. NORTH RD., GRAND ISLAND, NE <br />68803 -1141. <br />REVOLVING LINE OF CREDIT. Specifically, without limitation, this Deed of Trust secures a revolving line of credit, which obligates <br />Lender to make advances to Trustor so long as Trustor complies with all the terms of the Credit Agreement. Such advances may be <br />made, repaid, and remade from time to time, subject to the limitation that the total outstanding balance owing at any one time, not <br />Including finance charges on such balance at a fixed or variable rate or sum as provided In the Credit Agreement, any temporary <br />overages, other charges, and any amounts expended or advanced as provided In this paragraph, shall not exceed the Credit Limit as <br />provided in the Credit Agreement. It is the intention of Trustor and Lender that this Deed of Trust secures the balance outstanding <br />under the Credit Agreement from time to time from zero up to the Credit Limit as provided In this Deed of Trust and any Intermediate <br />balance. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present <br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security <br />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 PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this <br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Credit Agreement, this <br />Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be governed <br />by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; (2) <br />use, operate or manage the Property; and (3) collect the Rents from the Property. Real Property and collect the Rents. <br />o <br />c> cn <br />►-• <br />O -I <br />rD <br />-4 <br />_ <br />-i M <br />m <br />-< O <br />rr i <br />0 <br />C.n <br />.� <br />M <br />N <br />N <br />0 <br />N <br />ci <br />CD <br />CD <br />CD <br />N <br />O <br />t� <br />4 <br />l <br />d <br />Qr <br />Cc <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />fl <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $50,000.00. <br />THIS DEED OF TRUST is dated January 17, 2001, among STEVEN R. HAMELOTH and CONNIE D. <br />HAMELOTH; HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N. <br />Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary"); and Five Points Bank, whose address is P.0 Box 1507, Grand Island, NE 68802 -1507 <br />(referred to below as "Trustee "). <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or <br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights royalties, andprofits relating to the real property includingg <br />without limitation all minerals, oil, gas, geothermal and similar matters; (the "Real �roperty ") located in HALL County, $fate of <br />Nebraska: <br />LOT ELEVEN (11), BLOCK ONE (1), JENKINSON SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />The Real Property or its address is commonly known as 2608 N. NORTH RD., GRAND ISLAND, NE <br />68803 -1141. <br />REVOLVING LINE OF CREDIT. Specifically, without limitation, this Deed of Trust secures a revolving line of credit, which obligates <br />Lender to make advances to Trustor so long as Trustor complies with all the terms of the Credit Agreement. Such advances may be <br />made, repaid, and remade from time to time, subject to the limitation that the total outstanding balance owing at any one time, not <br />Including finance charges on such balance at a fixed or variable rate or sum as provided In the Credit Agreement, any temporary <br />overages, other charges, and any amounts expended or advanced as provided In this paragraph, shall not exceed the Credit Limit as <br />provided in the Credit Agreement. It is the intention of Trustor and Lender that this Deed of Trust secures the balance outstanding <br />under the Credit Agreement from time to time from zero up to the Credit Limit as provided In this Deed of Trust and any Intermediate <br />balance. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present <br />and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security <br />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 PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF EACH OF TRUSTOR'S <br />AGREEMENTS AND OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this <br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Credit Agreement, this <br />Deed of Trust, and the Related Documents. <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be governed <br />by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property; (2) <br />use, operate or manage the Property; and (3) collect the Rents from the Property. Real Property and collect the Rents. <br />