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01799061-03
<br />13b211S2Y '1'J
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />Stolley Branch
<br />3111 W. Stolley Pk. Rd.
<br />PO Box 1507
<br />Grand Island, NE 68802
<br />CD
<br />FOR RECORDER'S USE ONLY
<br />FIvE P0INTs BANK
<br />111111111 II 1111111 11111111111111111 VIII III IV IIIIIIIIIIIIIIIIIMI IIIYIII
<br />*0000000001013228590340"
<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 September 9, 2019, among PRAIRIE COMMONS MOB LLC, A
<br />NEBRASKA LIMITED LIABILITY COMPANY, whose address is 13340 CALIFORNIA ST STE 108,
<br />OMAHA, NE 68154 ("Trustor"); Five Points Bank, whose address is Stolley Branch, 3111 W.
<br />Stolley Pk. Rd., PO Box 1507, Grand Island, NE 68802 (referred to below sometimes as
<br />"Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.0 Box
<br />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 TWO (2), PRAIRIE COMMONS SECOND SUBDIVISION, CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 3563 PRAIRIEVIEW ST, GRAND
<br />ISLAND, NE 68803.
<br />CROSS -COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities,
<br />plus interest thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor
<br />or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of
<br />the Note, whether voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined,
<br />absolute or contingent, liquidated or unliquidated, whether Trustor may be liable individually or jointly with others,
<br />whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts
<br />ON IN3W(1b1SNI SV 03I31N3
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