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200107354
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island. NE 68803 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated July 25, 2001, among DUANE C RIEFLIN, A MARRIED PERSON AND VADA
<br />M. RIEFLIN, HIS 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.0 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 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 />t;�
<br />w out limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") '
<br />PARCEL 1: THE SOUTHEAST QUARTER (SE1 /4) OF SECTION FOUR (4), TOWNSHIP NINE (9) NORTH,
<br />RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA EXCEPTING THEREFROM
<br />TRACTS OF LAND MORE PARTICULARLY DESCRIBED IN DEEDS RECORDED IN BOOK 75, PAGE 523,
<br />BOOK 100, PAGE 188, BOOK 77, PAGE 354 AND RETURN OF APPRAISERS RECORDED IN BOOK R,
<br />PAGE 607 AND BOOK S, PAGE 399.
<br />PARCEL 2: THE SOUTHEAST QUARTER (SE1 /4) OF SECTION TWENTY -ONE (21), TOWNSHIP
<br />EIGHTEEN (18) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., GREELEY COUNTY, NEBRASKA
<br />PARCEL 3: ALL OF SECTION TWENTY -SIX (26), TOWNSHIP EIGHTEEN (18) NORTH, RANGE NINE (9)
<br />WEST OF THE 6TH P.M., AND ALL OF SECTION THIRTY -FIVE, TOWNSHIP EIGHTEEN (18) NORTH,
<br />RANGE NINE (9) WEST OF THE 6TH P.M., AND THE SOUTHWEST QUARTER (SW1 /4) OF SECTION
<br />THIRTY -SIX (36), TOWNSHIP EIGHTEEN (18) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., ALL IN
<br />GREELEY COUNTY, NEBRASKA
<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 $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 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
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