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C m [nir w c� —f O <br />Z r) <br />\ y <br />In n O 9.. U m O <br />N I O <br />n y N n T O <br />200302283 ': > _ <br />to <br />3 fV <br />O <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />North Branch <br />2016 North Broatlwell <br />Grand Island, HE 68803 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 $40,000.00. <br />THIS DEED OF TRUST is dated February 24, 2003, among MARK D STELK and WANDA LEE STELK, <br />HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell, <br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and <br />Five Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as <br />"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 two forearty, 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 wIM 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, State of <br />Nebraska: <br />LOT ONE (1), BLOCK SEVENTEEN (17), FAIRVIEW PARK ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 903 WEST 10TH STREET, GRAND ISLAND, NE <br />68801. <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 Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unllquidated whether Truster may be liable individually or fall wild <br />others, whether pull 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 my be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to Me amounts specified in the Note, alt future <br />amounts Lender in its discretion may loan to Trustor, together with all interest thereoq however, In no event shall such future advances (excluding <br />interest) exceetl in the aggregate $40,000.00. <br />Truster presently assigns to Lender (also known as Beneficiary In this Dead of Trust) all of Tmstors right, title, and Interest In and to all present <br />and future leeses of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security <br />'mtarast 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 (8) 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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Truster shall pay to Lender all amounts secured by Mrs <br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Truster's obligations under the Note, this Dead of Trust, <br />and the palsied Documents_ <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Truster 's possession and use of the Property shall be governed <br />by the following provisions: <br />M <br />ER <br />n <n M <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />North Branch <br />2016 North Broatlwell <br />Grand Island, HE 68803 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 $40,000.00. <br />THIS DEED OF TRUST is dated February 24, 2003, among MARK D STELK and WANDA LEE STELK, <br />HUSBAND AND WIFE ( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell, <br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and <br />Five Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as <br />"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 two forearty, 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 wIM 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, State of <br />Nebraska: <br />LOT ONE (1), BLOCK SEVENTEEN (17), FAIRVIEW PARK ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 903 WEST 10TH STREET, GRAND ISLAND, NE <br />68801. <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 Note, whether voluntary or otherwise, whether due or not due, direct or <br />indirect, determined or undetermined, absolute or contingent, liquidated or unllquidated whether Truster may be liable individually or fall wild <br />others, whether pull 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 my be or hereafter may become otherwise <br />unenforceable. <br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, in addition to Me amounts specified in the Note, alt future <br />amounts Lender in its discretion may loan to Trustor, together with all interest thereoq however, In no event shall such future advances (excluding <br />interest) exceetl in the aggregate $40,000.00. <br />Truster presently assigns to Lender (also known as Beneficiary In this Dead of Trust) all of Tmstors right, title, and Interest In and to all present <br />and future leeses of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial Code security <br />'mtarast 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 (8) 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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Truster shall pay to Lender all amounts secured by Mrs <br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Truster's obligations under the Note, this Dead of Trust, <br />and the palsied Documents_ <br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Truster 's possession and use of the Property shall be governed <br />by the following provisions: <br />