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WHEN RECORDED MAIL TO: 200303910
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />CONSTRUCTION DEED OF TRUST
<br />THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br />WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $525,000.00.
<br />THIS DEED OF TRUST is dated March 28, 2003, among RYAN D CROUCH and LISA A CROUCH; HUSBAND
<br />AND WIFE ( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand
<br />Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five
<br />Points Bank, whose address is P.0 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 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, State Of
<br />Nebraska:
<br />A TRACT OF LAND COMPRISING A PART OF THE W1/2 SE1 /4 OF SECTION 27, TOWNSHIP 11 NORTH,
<br />RANGE 9 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, SAID TRACT BEING MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: WITH REFERENCE TO THE NORTHWEST CORNER OF
<br />SAID W1/2 SE1 /4; THENCE RUNNING S 00 057'18 "E ON THE WEST LINE OF SAID W1/2 SE1 /4 FOR A
<br />DISTANCE OF 788.94 FEET TO THE ACTUAL POINT OF BEGINNING; THENCE CONTINUING S 00 057'18 "E
<br />ON THE WEST LINE OF SAID W1/2 SE1 /4 FOR 279.98 FEET; THENCE N 560\50'07 "E FOR 568.42 FEET;
<br />THENCE N 870\45'01 "E FOR 772.78 FEET; THENCE N 01 003'33 "W FOR 471.71 FEET; THENCE N 89 046'37 "W
<br />FOR 489.11 FEET; THENCE S 00 047'08 "E FOR 129.00 FEET; THENCE S61 047'17" W FOR 858.61 FEET TO
<br />THE POINT OF BEGINNING.
<br />The Real Property or its address is commonly known as AN ACREAGE, GRAND ISLAND, NE 68801.
<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 $525,000.00.
<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.
<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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this
<br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this Deed of Trust,
<br />and the Related Documents.
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<br />WHEN RECORDED MAIL TO: 200303910
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />CONSTRUCTION DEED OF TRUST
<br />THIS DEED OF TRUST IS A CONSTRUCTION SECURITY AGREEMENT
<br />WITHIN THE MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $525,000.00.
<br />THIS DEED OF TRUST is dated March 28, 2003, among RYAN D CROUCH and LISA A CROUCH; HUSBAND
<br />AND WIFE ( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand
<br />Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five
<br />Points Bank, whose address is P.0 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 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, State Of
<br />Nebraska:
<br />A TRACT OF LAND COMPRISING A PART OF THE W1/2 SE1 /4 OF SECTION 27, TOWNSHIP 11 NORTH,
<br />RANGE 9 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, SAID TRACT BEING MORE
<br />PARTICULARLY DESCRIBED AS FOLLOWS: WITH REFERENCE TO THE NORTHWEST CORNER OF
<br />SAID W1/2 SE1 /4; THENCE RUNNING S 00 057'18 "E ON THE WEST LINE OF SAID W1/2 SE1 /4 FOR A
<br />DISTANCE OF 788.94 FEET TO THE ACTUAL POINT OF BEGINNING; THENCE CONTINUING S 00 057'18 "E
<br />ON THE WEST LINE OF SAID W1/2 SE1 /4 FOR 279.98 FEET; THENCE N 560\50'07 "E FOR 568.42 FEET;
<br />THENCE N 870\45'01 "E FOR 772.78 FEET; THENCE N 01 003'33 "W FOR 471.71 FEET; THENCE N 89 046'37 "W
<br />FOR 489.11 FEET; THENCE S 00 047'08 "E FOR 129.00 FEET; THENCE S61 047'17" W FOR 858.61 FEET TO
<br />THE POINT OF BEGINNING.
<br />The Real Property or its address is commonly known as AN ACREAGE, GRAND ISLAND, NE 68801.
<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 $525,000.00.
<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.
<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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by this
<br />Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this Deed of Trust,
<br />and the Related Documents.
<br />
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