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<br /> WHEN RECORDED MAIL TO:
<br /> Five Points Bank
<br /> Stolley Branch
<br /> 3111 W.Stolley Pk.Rd.
<br /> AO
<br /> PO Box 1507
<br /> Grand Island, NE 68802 FOR RECORDER'S USE ONLY _CO
<br /> FIVE POINTS BANK '���/;'
<br /> 0 IIEIIEI1 IIIIIIHIINIIIIIIIIIIIIIIIII1I 1 III IIIIIIIIIIIIIIIIMIIH1I•
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<br /> *0000000001013127100340*
<br /> CONSTRUCTION DEED OF TRUST
<br /> THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br /> WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br /> THIS DEED OF TRUST is dated April I 61 -90)?" , among WESTSIDE BOWLING LLC; A
<br /> Nebraska Limited Liability Company ("Trustor"); Five Points Bank, whose address is Stolley
<br /> Branch, 3111 W. Stolley Pk. Rd., PO Box 1507, Grand Island, NE 68802 (referred to below
<br /> sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address
<br /> is P.O Box 1507, Grand Island, NE 68802-1507 (referred 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 /> LOT ONE (1), COMMONWEALTH BUSINESS PARK SUBDIVISION, AN ADDITION TO THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br /> The Real Property or its address is commonly known as 112 KAUFMAN AVE, GRAND ISLAND,
<br /> NE 68803-4912.
<br /> CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br /> 1 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
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