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a F W) Cl'i 3 <br />O (!f Cn p <br />WHEN ECORDED MAIL O: <br />Five Points Bank <br />North Branch PO gaJC /SD % <br />2015 North Broadwell <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />S� <br />THIS DEED OF TRUST is dated June 29, 2001, among AILEEN D GRUENDEL; A MARRIED PERSON AND G <br />DAVID GRUENDEL, HER SPOUSE ( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North <br />Broadwell, Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary "); and Five Points Bank, whose address is P.O 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 o1 <br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing of <br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights anc <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real propertylincluding <br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located In HALL County, state 01 <br />Nebraska: <br />A TRACT OF LAND LOCATED IN THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER <br />(NW1 /4SW1/4) OF SECTION TWENTY ONE (21), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9), <br />WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS <br />FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF LOT TWO (2), BRACH'S FIRST <br />SUBDIVISION; THENCE NORTHERLY ALONG AND UPON THE WEST LINE OF SAID LOT TWO (2), IF <br />EXTENDED A DISTANCE OF FORTY FIVE (45.0) FEET, THENCE NORTHEASTERLY A DISTANCE OF ONE <br />HUNDRED TWENTY TWO AND TWENTY HUNDREDTHS (122.20) FEET, TO THE INTERSECTION WITH <br />THE EAST LINE OF SAID LOT TWO (2), IF EXTENDED, A DISTANCE OF THIRTEEN (13.0) FEET OT HE <br />NORTHEAST CORNER OF SAID LOT TWO (2), THENCE SOUTHWESTERLY ALONG AND UPON THE <br />NORTHERLY LINE OF SAID LOT TWO (2) TO THE PLACE OF BEGINNING.;;ALSO, LOT TWO (2), OF <br />BRACH'S FIRST SUBDIVISION OF A PART OF THE NORTHWEST QUARTER OF THE SOUTHWEST <br />QUARTER (NW1 /4SW1/4) OF SECTION TWENTY ONE (21), TOWNSHIP ELEVEN (11) NORTH, RANGE <br />NINE (9), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 1920 BARBARA AVE, GRAND ISLAND, NE 68803. <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; however, in no event shall such future advances <br />(excluding interest) exceed in the aggregate $50,000.00. <br />V. <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 THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <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 />X <br />n <br />> <br />'il <br />� I n <br />D <br />V <br />M cn <br />_ <br />` <br />I <br />� <br />� <br />t <br />j <br />O <br />C'> W <br />O <br />co <br />F--A <br />O —1 <br />M <br />r— <br />O <br />3 <br />O <br />© <br />Cn <br />3 <br />C> <br />En <br />y <br />r . <br />O <br />rn <br />Co <br />M <br />►' �► <br />rn <br />a F W) Cl'i 3 <br />O (!f Cn p <br />WHEN ECORDED MAIL O: <br />Five Points Bank <br />North Branch PO gaJC /SD % <br />2015 North Broadwell <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />S� <br />THIS DEED OF TRUST is dated June 29, 2001, among AILEEN D GRUENDEL; A MARRIED PERSON AND G <br />DAVID GRUENDEL, HER SPOUSE ( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North <br />Broadwell, Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as <br />"Beneficiary "); and Five Points Bank, whose address is P.O 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 o1 <br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing of <br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights anc <br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real propertylincluding <br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located In HALL County, state 01 <br />Nebraska: <br />A TRACT OF LAND LOCATED IN THE NORTHWEST QUARTER OF THE SOUTHWEST QUARTER <br />(NW1 /4SW1/4) OF SECTION TWENTY ONE (21), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9), <br />WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS <br />FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF LOT TWO (2), BRACH'S FIRST <br />SUBDIVISION; THENCE NORTHERLY ALONG AND UPON THE WEST LINE OF SAID LOT TWO (2), IF <br />EXTENDED A DISTANCE OF FORTY FIVE (45.0) FEET, THENCE NORTHEASTERLY A DISTANCE OF ONE <br />HUNDRED TWENTY TWO AND TWENTY HUNDREDTHS (122.20) FEET, TO THE INTERSECTION WITH <br />THE EAST LINE OF SAID LOT TWO (2), IF EXTENDED, A DISTANCE OF THIRTEEN (13.0) FEET OT HE <br />NORTHEAST CORNER OF SAID LOT TWO (2), THENCE SOUTHWESTERLY ALONG AND UPON THE <br />NORTHERLY LINE OF SAID LOT TWO (2) TO THE PLACE OF BEGINNING.;;ALSO, LOT TWO (2), OF <br />BRACH'S FIRST SUBDIVISION OF A PART OF THE NORTHWEST QUARTER OF THE SOUTHWEST <br />QUARTER (NW1 /4SW1/4) OF SECTION TWENTY ONE (21), TOWNSHIP ELEVEN (11) NORTH, RANGE <br />NINE (9), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 1920 BARBARA AVE, GRAND ISLAND, NE 68803. <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; however, in no event shall such future advances <br />(excluding interest) exceed in the aggregate $50,000.00. <br />V. <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 THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE FOLLOWING TERMS: <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 />