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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />South Branch
<br />3111 W. Stolley Pk. Rd.
<br />Grand Island, NE 68801 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 $500,000.00.
<br />THIS DEED OF TRUST is dated May 21, 2001, among JACK L JOHNSON and VICKI L JOHNSON; HUSBAND
<br />AND WIFE ( "Trustor "); Five Points Bank, whose address is South Branch, 3111 W. Stolley Pk. Rd., Grand
<br />Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five
<br />Points Bank, whose address is P.0 Box 1507, Grand Island, NE 68802 -1507 (referred to below as
<br />"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 includin
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, §tate of
<br />Nebraska:
<br />LOTS FIFTEEN (15) AND SIXTEEN (16), GARLAND PLACE SUBDIVISION, HALL COUNTY, NEBRASKA
<br />LOCATED IN THE NORTH HALF OF THE SOUTHEAST QUARTER (N1/2SE1/4) OF SECTION
<br />TWENTY -THREE (23), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL
<br />COUNTY NEBRASKA, EXCEPTING A TRACT OF LAND CONVEYED TO FRANK STAUSS, JR. DESCRIBED
<br />IN DEED RECORDED AT BOOK 160, PAGE 696 AND EXCEPT TRACT CONDEMNED BY THE STATE OF
<br />NEBRASKA, CONDEMNATION PROCEEDINGS RECORDED AT BOOK 9, PAGE 649 AND EXCEPT A
<br />TRACT OF LAND MORE PARTICULARLY DESCRIBED IN QUITCLAIM DEED RECORDED AS DOCUMENT
<br />NO. 82- 002508 AND EXCEPTING A TRACT OF LAND MORE PARTICULARLY DESCRIBED IN WARRANTY
<br />DEED RECORDED AS DOCUMENT NO. 93- 108854
<br />The Real Property or its address is commonly known as 4039 STAUSS RD, GRAND ISLAND, NE. The Real
<br />Property tax identification number is 400155664.
<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 Trustor, together with all interest thereon; however, in no event shall such future advances (excluding
<br />interest) exceed in the aggregate $500,000.00.
<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 />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 Note, this Deed of Trust,
<br />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
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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />South Branch
<br />3111 W. Stolley Pk. Rd.
<br />Grand Island, NE 68801 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 $500,000.00.
<br />THIS DEED OF TRUST is dated May 21, 2001, among JACK L JOHNSON and VICKI L JOHNSON; HUSBAND
<br />AND WIFE ( "Trustor "); Five Points Bank, whose address is South Branch, 3111 W. Stolley Pk. Rd., Grand
<br />Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five
<br />Points Bank, whose address is P.0 Box 1507, Grand Island, NE 68802 -1507 (referred to below as
<br />"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 includin
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, §tate of
<br />Nebraska:
<br />LOTS FIFTEEN (15) AND SIXTEEN (16), GARLAND PLACE SUBDIVISION, HALL COUNTY, NEBRASKA
<br />LOCATED IN THE NORTH HALF OF THE SOUTHEAST QUARTER (N1/2SE1/4) OF SECTION
<br />TWENTY -THREE (23), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL
<br />COUNTY NEBRASKA, EXCEPTING A TRACT OF LAND CONVEYED TO FRANK STAUSS, JR. DESCRIBED
<br />IN DEED RECORDED AT BOOK 160, PAGE 696 AND EXCEPT TRACT CONDEMNED BY THE STATE OF
<br />NEBRASKA, CONDEMNATION PROCEEDINGS RECORDED AT BOOK 9, PAGE 649 AND EXCEPT A
<br />TRACT OF LAND MORE PARTICULARLY DESCRIBED IN QUITCLAIM DEED RECORDED AS DOCUMENT
<br />NO. 82- 002508 AND EXCEPTING A TRACT OF LAND MORE PARTICULARLY DESCRIBED IN WARRANTY
<br />DEED RECORDED AS DOCUMENT NO. 93- 108854
<br />The Real Property or its address is commonly known as 4039 STAUSS RD, GRAND ISLAND, NE. The Real
<br />Property tax identification number is 400155664.
<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 Trustor, together with all interest thereon; however, in no event shall such future advances (excluding
<br />interest) exceed in the aggregate $500,000.00.
<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 />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 Note, this Deed of Trust,
<br />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
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