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200104100
<br />WHEN RECORDED MAIL TO:
<br />FIVE POINTS BANK OF HASTINGS
<br />322 N ST JOSEPH
<br />HASTINGS, NE 68901 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $80,301.00.
<br />THIS DEED OF TRUST is dated April 26, 2001, among GAYLE L REINERS, UNDIVIDED 15% INTEREST;
<br />PAULA A REINERS, UNDIVIDED 19% INTEREST; JESSICA C HOAGLAND, UNDIVIDED 22% INTEREST;
<br />CAMERON A REINERS, UNDIVIDED 22% INTEREST and JARED L REINERS, UNDIVIDED 22% INTEREST
<br />( "Trustor "); FIVE POINTS BANK OF HASTINGS, whose address is 322 N ST JOSEPH, HASTINGS, NE 68901
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank of
<br />Hastings, whose address is P.O Box 55, Hastings, NE 68902 -0055 (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, and profits relating to the real Property, including
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, State of
<br />Nebraska:
<br />THE NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 32, TOWNSHIP 9 NORTH, RANGE 10
<br />WEST OF THE 6TH P.M. IN HALL COUNTY, NEBRASKA, EXCEPT THE TRACT OF GROUND IN THE
<br />EXTREME NORTHEAST CORNER, THEREOF, WHICH MEASURES 693 FEET EAST AND WEST, AND
<br />1,000 FEET NORTH AND SOUTH,; AND EXCEPT A STRIP OF GROUND ALONG THE NORTH EDGE OF
<br />SAID PROPERTY, PREVIOUSLY CONVEYED TO THE COUNTY OF HALL, NEBRASKA FOR ROAD
<br />PURPOSES.
<br />The Real Property or its address is commonly known as DONIPHAN, NE 68832.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all future
<br />amounts Lender in its discretion may loan 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 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 ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at Borrower's request and not
<br />at the request of Lender; (b) Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the Property; (c)
<br />the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument binding upon Trustor and
<br />do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Trustor has established adequate means of
<br />obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e) Lender has made no representation to
<br />Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti- deficiency" law, or any other law
<br />which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otherwise entitled to a
<br />claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of
<br />sale.
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