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WHEN RECORDED MAIL TO: 200300736
<br />Five Points Bank
<br />"Your Hometown Bank"
<br />2015 N. Broadwell
<br />P.O. Bo% 1507
<br />Grantl Island. NE 68802 -1507 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST -�-
<br />c—
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $800,000.00.
<br />THIS DEED OF TRUST is dated January 16, 2003, among IVAN L BILSLEND and MARY S BILSLEND;
<br />HUSBAND AND 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, Truster 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, Slate of
<br />Nebraska:
<br />ALL OF THE SOUTHWEST QUARTER (SW 1/4) AND THE WEST HALF OF THE SOUTHEAST QUARTER (W
<br />1/2 SE 1/4) OF SECTION FIFTEEN (15) TOWNSHIP TEN (10) NORTH, RANGE TWELVE (12), WEST OF
<br />THE 6TH P.M., HALL COUNTY NEBRASKA. THE NORTHWEST QUARTER (NW 1/4) OF SECTION THREE
<br />(3), TOWNSHIP NINE (9) NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M., HALL COUNTY,
<br />NEBRASKA. TOGETHER WITH ALL WELLS PUMPS, MOTORS OR ENGINES, GEAR HEADS, AND
<br />EQUIPMENT LOCATED ON AND USED TO IRRIGATE SAID PREMISES, WHICH ITEMS ARE DECLARED
<br />TO BE A PART OF THE DEEDED PREMISES AND APPURTENANT TO SAID REAL ESTATE.
<br />The Real Property or its address is commonly known as RURAL ROUTE, WOOD RIVER, NE.
<br />CROSS- COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest thereon, of
<br />Truster to Lender, or any one or more of them, as well as all claims by Lender against Truster or any one or more of them, whether now existing
<br />or hereafter arising, whether related or unrelated to the purpose of the Nate, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Truster may be liable individually or jointly with
<br />others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter
<br />may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<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 Truster, together with all interest thereon; however, in no event shall such future advances (excluding
<br />interest) exceed in the aggregate $800,000.00.
<br />Truster 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, Truster 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 THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
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<br />WHEN RECORDED MAIL TO: 200300736
<br />Five Points Bank
<br />"Your Hometown Bank"
<br />2015 N. Broadwell
<br />P.O. Bo% 1507
<br />Grantl Island. NE 68802 -1507 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST -�-
<br />c—
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $800,000.00.
<br />THIS DEED OF TRUST is dated January 16, 2003, among IVAN L BILSLEND and MARY S BILSLEND;
<br />HUSBAND AND 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, Truster 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, Slate of
<br />Nebraska:
<br />ALL OF THE SOUTHWEST QUARTER (SW 1/4) AND THE WEST HALF OF THE SOUTHEAST QUARTER (W
<br />1/2 SE 1/4) OF SECTION FIFTEEN (15) TOWNSHIP TEN (10) NORTH, RANGE TWELVE (12), WEST OF
<br />THE 6TH P.M., HALL COUNTY NEBRASKA. THE NORTHWEST QUARTER (NW 1/4) OF SECTION THREE
<br />(3), TOWNSHIP NINE (9) NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M., HALL COUNTY,
<br />NEBRASKA. TOGETHER WITH ALL WELLS PUMPS, MOTORS OR ENGINES, GEAR HEADS, AND
<br />EQUIPMENT LOCATED ON AND USED TO IRRIGATE SAID PREMISES, WHICH ITEMS ARE DECLARED
<br />TO BE A PART OF THE DEEDED PREMISES AND APPURTENANT TO SAID REAL ESTATE.
<br />The Real Property or its address is commonly known as RURAL ROUTE, WOOD RIVER, NE.
<br />CROSS- COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest thereon, of
<br />Truster to Lender, or any one or more of them, as well as all claims by Lender against Truster or any one or more of them, whether now existing
<br />or hereafter arising, whether related or unrelated to the purpose of the Nate, whether voluntary or otherwise, whether due or not due, direct or
<br />indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated whether Truster may be liable individually or jointly with
<br />others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter
<br />may become barred by any statute of limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise
<br />unenforceable.
<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 Truster, together with all interest thereon; however, in no event shall such future advances (excluding
<br />interest) exceed in the aggregate $800,000.00.
<br />Truster 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, Truster 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 THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
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