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<br />WHEN RECORDED MAIL TO: 2 O O 3 q b, E 1 u� ~a O
<br />Five POlnts Bank 1
<br />West Branch
<br />2008 N. Diem Ave.
<br />Grand Island, NE 69603 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 $30,000.00.
<br />THIS DEED OF TRUST is dated February 10, 2003, among DIANNE S RICE, a Married Woman and .TAMES A
<br />RICE, her husband ( "Truster"); Five Points Bank, whose address is West Branch, 2009 N. Diets Ave., Grand
<br />Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five
<br />Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as
<br />"'1'rustee').
<br />CONVEYANCE AND GRANT. For valuable consderation, 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 reacted 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 metiers, (the Real Property ") located In BALL County, State of
<br />Nebraska:
<br />Lot Ten (10), Block Twenty -eight (28), Gilbert's Third Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />The Real Property or its address is commonly known as 1911 N GRAND ISLAND AVE, GRAND ISLAND, NF.
<br />68803 -2741.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all future
<br />amounts Larder in it discretion may loan to Borrower, together with all interest thereon; however, in no event shall such future advances
<br />(excluding Interest) exceed In the aggregate $30,ODD.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:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Truster warrants that: (a) this Deed of Trust Is executed at Borrower's request and not
<br />at the request of Lender; (b) Truster has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the Property; (c)
<br />the provisions of this Dead of Trust do not conflict with, or result in a default under any agreement or other instrument binding upon Truster and
<br />do not result in a violation of any law, regulation, court discrete or order applicable to TrustOq (d) Trustor has established adequate means of
<br />obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e) Lender has made no representation to
<br />Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other law
<br />which may prevent Lender from bringing any action agalost Truster, including a claim for deficiency to the extent Lender is otherwise entitled to a
<br />claim for tleficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of
<br />sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay to Lender all Indebtedness secured by
<br />this Deed of Trust as it becomes due, and Borrower and Trustor shall strictly perform all their respective Obligations under the Note, this Deed of
<br />Trust, and the Related Documents.
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<br />WHEN RECORDED MAIL TO: 2 O O 3 q b, E 1 u� ~a O
<br />Five POlnts Bank 1
<br />West Branch
<br />2008 N. Diem Ave.
<br />Grand Island, NE 69603 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 $30,000.00.
<br />THIS DEED OF TRUST is dated February 10, 2003, among DIANNE S RICE, a Married Woman and .TAMES A
<br />RICE, her husband ( "Truster"); Five Points Bank, whose address is West Branch, 2009 N. Diets Ave., Grand
<br />Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five
<br />Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as
<br />"'1'rustee').
<br />CONVEYANCE AND GRANT. For valuable consderation, 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 reacted 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 metiers, (the Real Property ") located In BALL County, State of
<br />Nebraska:
<br />Lot Ten (10), Block Twenty -eight (28), Gilbert's Third Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />The Real Property or its address is commonly known as 1911 N GRAND ISLAND AVE, GRAND ISLAND, NF.
<br />68803 -2741.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts specified in the Note, all future
<br />amounts Larder in it discretion may loan to Borrower, together with all interest thereon; however, in no event shall such future advances
<br />(excluding Interest) exceed In the aggregate $30,ODD.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:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Truster warrants that: (a) this Deed of Trust Is executed at Borrower's request and not
<br />at the request of Lender; (b) Truster has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the Property; (c)
<br />the provisions of this Dead of Trust do not conflict with, or result in a default under any agreement or other instrument binding upon Truster and
<br />do not result in a violation of any law, regulation, court discrete or order applicable to TrustOq (d) Trustor has established adequate means of
<br />obtaining from Borrower on a continuing basis information about Borrower's financial condition; and (e) Lender has made no representation to
<br />Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />TRUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other law
<br />which may prevent Lender from bringing any action agalost Truster, including a claim for deficiency to the extent Lender is otherwise entitled to a
<br />claim for tleficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of
<br />sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Borrower shall pay to Lender all Indebtedness secured by
<br />this Deed of Trust as it becomes due, and Borrower and Trustor shall strictly perform all their respective Obligations under the Note, this Deed of
<br />Trust, and the Related Documents.
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