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WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />West Branch
<br />2009 N, Diers Ave.
<br />PO Box 1507
<br />Grand Island, NE 68802
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<br />FIVE POINTS BANK
<br />IIBIIIIIIIIIIIIIIIIIIIIIIIIII 111011111111011IIIIIIIIIIIIII IIIIIIIIIIII
<br />"0000000001012982 IIIIIIIIIIIIIIIIII
<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 />(1I
<br />FOR RECORDER'S USE ONLY
<br />THIS DEED OF TRUST is dated November 16, 2016, among THOMAS SUTLIFF and REBECCA L
<br />FRUSTAGLIO; Each a Single Person ( "Trustor "); Five Points Bank, whose address is West
<br />Branch, 2009 N. Diers Ave., PO Box 1507, Grand Island, NE 68802 (referred to below
<br />sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose address
<br />is P.O Box 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
<br />County, State of Nebraska:
<br />Lot Eight (8), Block Nine (9), Sterling Estates Subdivision, in the City of Grand Island, Hall
<br />County, Nebraska
<br />The Real Property or its address is commonly known as 1927 IMPERIAL PL, GRAND ISLAND,
<br />NE 68803. The Real Property tax identification number is 400493528.
<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, l rustor
<br />grants to Lender a Uniform Commercial Code security interest in the Personal Property and Rents.
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