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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 $25,000.00.
<br />THIS DEED OF TRUST is dated August 31, 2001, among RICHARD S RASMUSSEN JR. and CATHERN A
<br />RASMUSSEN; HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is South Branch, 3111 W.
<br />Stolley Pk. Rd., Grand Island, NE 68801 (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 />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, §tate of
<br />Nebraska:
<br />A TRACT OF LAND COMPRISING PART OF THE SOUTH HALF OF THE NORTHWEST QUARTER (S1/2
<br />NW1 /4) OF SECTION THIRTEEN (13), TOWNSHIP TEN (10) NORTH, RANGE NINE (9) WEST OF THE 6TH
<br />P.M. IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />BEGINNING AT A POINT ON THE WEST LINE OF SAID SECTION THIRTEEN (13), SAID POINT BEING SIX
<br />HUNDRED SEVENTY THREE AND SEVENTY FOUR HUNDREDTHS (673.74) FEET NORTH OF THE
<br />SOUTHWEST CORNER OF SAID NORTHWEST QUARTER (NW1 /4); THENCE NORTHERLY ALONG THE
<br />WEST LINE OF SAID SECTION THIRTEEN (13), A DISTANCE OF SIX HUNDRED FORTY EIGHT AND
<br />EIGHTY ONE HUNDREDTHS (648.81) FEET TO THE NORTHWEST CORNER OF SAID SOUTH HALF OF
<br />THE NORTHWEST QUARTER (S1/2 NW1 /4); THENCE EASTERLY ALONG THE NORTH LINE OF SAID
<br />SOUTH HALF OF THE NORTHWEST QUARTER (S1 /2 NW1 /4), A DISTANCE OF TWO THOUSAND ONE
<br />HUNDRED SEVENTY ONE AND NINETY ONE HUNDREDTHS (2,171.91) FEET; THENCE DEFLECTING
<br />RIGHT 910 30' 38" AND RUNNING SOUTHERLY, A DISTANCE OF SIX HUNDRED THIRTY AND TWENTY
<br />ONE HUNDREDTHS (630.21) FEET; THENCE DEFLECTING RIGHT 870 59' 14" AND RUNNING WESTERLY,
<br />A DISTANCE OF TWO THOUSAND ONE HUNDRED FIFTY TWO AND NINETY THREE HUNDREDTHS
<br />(2,152.93) FEET TO THE PLACE OF BEGINNING
<br />The Real Property or its address is commonly known as 6375 S SHADY BEND RD, DONIPHAN, NE
<br />68832 -9537.
<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 $25,000.00.
<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.
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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 $25,000.00.
<br />THIS DEED OF TRUST is dated August 31, 2001, among RICHARD S RASMUSSEN JR. and CATHERN A
<br />RASMUSSEN; HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is South Branch, 3111 W.
<br />Stolley Pk. Rd., Grand Island, NE 68801 (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 />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in HALL County, §tate of
<br />Nebraska:
<br />A TRACT OF LAND COMPRISING PART OF THE SOUTH HALF OF THE NORTHWEST QUARTER (S1/2
<br />NW1 /4) OF SECTION THIRTEEN (13), TOWNSHIP TEN (10) NORTH, RANGE NINE (9) WEST OF THE 6TH
<br />P.M. IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />BEGINNING AT A POINT ON THE WEST LINE OF SAID SECTION THIRTEEN (13), SAID POINT BEING SIX
<br />HUNDRED SEVENTY THREE AND SEVENTY FOUR HUNDREDTHS (673.74) FEET NORTH OF THE
<br />SOUTHWEST CORNER OF SAID NORTHWEST QUARTER (NW1 /4); THENCE NORTHERLY ALONG THE
<br />WEST LINE OF SAID SECTION THIRTEEN (13), A DISTANCE OF SIX HUNDRED FORTY EIGHT AND
<br />EIGHTY ONE HUNDREDTHS (648.81) FEET TO THE NORTHWEST CORNER OF SAID SOUTH HALF OF
<br />THE NORTHWEST QUARTER (S1/2 NW1 /4); THENCE EASTERLY ALONG THE NORTH LINE OF SAID
<br />SOUTH HALF OF THE NORTHWEST QUARTER (S1 /2 NW1 /4), A DISTANCE OF TWO THOUSAND ONE
<br />HUNDRED SEVENTY ONE AND NINETY ONE HUNDREDTHS (2,171.91) FEET; THENCE DEFLECTING
<br />RIGHT 910 30' 38" AND RUNNING SOUTHERLY, A DISTANCE OF SIX HUNDRED THIRTY AND TWENTY
<br />ONE HUNDREDTHS (630.21) FEET; THENCE DEFLECTING RIGHT 870 59' 14" AND RUNNING WESTERLY,
<br />A DISTANCE OF TWO THOUSAND ONE HUNDRED FIFTY TWO AND NINETY THREE HUNDREDTHS
<br />(2,152.93) FEET TO THE PLACE OF BEGINNING
<br />The Real Property or its address is commonly known as 6375 S SHADY BEND RD, DONIPHAN, NE
<br />68832 -9537.
<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 $25,000.00.
<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.
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