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WHEN RECORD
<br />FIVE POINTS BA
<br />MAIN BANK
<br />2815 OSBORN
<br />HASTINGS, NE
<br />AIL TO:
<br />OF HASTINGS
<br />VE WEST
<br />68901
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<br />FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated January 31, 2017, among SCHIEFELBEIN ENTERPRISE, LLC,
<br />whose address is 2022 INDIAN ACRES DRIVE, HASTINGS, NE 68901; A NEBRASKA LIMITED
<br />LIABILITY COMPANY ( "Trustor "); FIVE POINTS BANK OF HASTINGS , whose
<br />address is MAIN BANK, 2815 OSBORNE DRIVE WEST, HASTINGS, NE 68901 (referred to
<br />below sometimes as "Lender" and sometimes as "Beneficiary "); and FIVE POINTS BANK OF
<br />HASTINGS, whose address is 2815 OSBORNE DRIVE WEST, HASTINGS, NE 68901 (referred
<br />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 />All of Lot Nine (9) in the Subdivision of Block One (1) Vine Hill Subdivision, EXCEPT the
<br />North Nineteen Feet (N19') of said Lot 9, deeded to the City of Grand Island by Warranty
<br />Deed recorded as Document No. 78- 002467;
<br />AND a part of Lot Eight (8), in the Subdivision of Block One (1) Vine Hill Subdivision, more
<br />particularly described as follows: Beginning at a point, said point being the Northeast corner
<br />of said Lot 8; thence West on and upon the lot line of Lots 8 and 9 to the Northwest corner
<br />of Lot 8; thence South along and on the West lot line of Lot 8 a distance of 10 feet; thence
<br />northeasterly in a straight line a distance of 115.7 feet to the point of beginning;
<br />All in the City of Grand Island, Hall County, Nebraska, according to the recorded plat
<br />thereof.
<br />The Real Property or its address is commonly known as 704 S BLAINE ST, GRAND ISLAND,
<br />NE 68801.
<br />CROSS - COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts -and liabilities,
<br />plus interest thereon, of either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by
<br />Lender against Borrower and Trustor or any one or more of them, whether now existing or hereafter arising, whether
<br />related or unrelated to the purpose of the Note, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Borrower or Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or
<br />otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to
<br />Borrower or Trustor whether or not the advances are made pursuant to a commitment. Specifically, without limitation,
<br />this Deed of Trust secures, in addition to the amounts specified in the Note, all future amounts Lender in its discretion
<br />may loan to Borrower or 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, 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 />ANY AND ALL OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON
<br />THE FOLLOWING TERMS:
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti- deficiency"
<br />law, or any other law which may prevent Lender from bringing any action against Trustor, including a claim for
<br />deficiency to the extent Lender is otherwise entitled to a claim for deficiency, before or after Lender's commencement
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