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200402597
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />"Your Hometown Bank"
<br />2015 N. Broadwell
<br />P.O. Box 1507
<br />Grand Island, NE 68802 -1507 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 $150,000.00
<br />THIS DEED OF TRUST is dated March 8, 2004, among Ray M Poehler, a married person and LINDA L
<br />POEHLER, his wife ( "Trustor "); Five Points Bank, whose address is "Your Hometown Bank ", 2015 N.
<br />Broadwell, P.O. Box 1507, Grand Island, NE 68802 -1507 (referred to below sometimes as "Lender" and
<br />sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand Island, NE
<br />68802 -1507 (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
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located in Hall
<br />County, State of Nebraska:
<br />AN UNDIVIDED TWO- THIRD'S INTEREST IN THE NORTHEAST QUARTER (NE1/4) OF SECTION
<br />TWENTY -NINE (29), TOWNSHIP TWELVE (12) NORTH, RANGE ELEVEN (11), WEST OF THE 6TH P.M., IN
<br />HALL COUNTY,NEBRASKA, LESS THE FOLLOWING DESCRIBED REAL ESTATE; COMMENCING AT THE
<br />NORTH QUARTER CORNER OF SAID SECTION, THENCE EAST ON SECTION LINE A DISTANCE OF 759.0
<br />FEET TO A POINT ON SECTION LINE WHICH IS THE ACTUAL POINT OF BEGINNING. FROM THIS POINT,
<br />SOUTHERLY, AT AN ANGLE OF 90 DEGREES 00' TO THE RIGHT FROM THE SECTION LINE A DISTANCE
<br />OF 438.0 FEET, THENCE EASTERLY AT AN ANGLE OF 90 DEGREES 00' TO THE LEFT A DISTANCE OF
<br />596.7 FEET, THENCE NORTHERLY AT AN ANGLE OF 90 DEGREES 00' TO THE LEFT A DISTANCE OF
<br />438.0 FEET THENCE WEST ON SECTION LINE TO THE POINT OF BEGINNING A DISTANCE OF 596.7
<br />FEET,
<br />The Real Property or its address is commonly known as Cairo, NE 68824 -9754.
<br />CROSS- COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all
<br />future amounts Lender in its discretion may loan to Trustor, together with all interest thereon; however, in no event shall such future
<br />advances (excluding interest) exceed in the aggregate $150,000.00.
<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
<br />present and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personal Property and Rents.
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