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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />West Branch 20030399 o
<br />2009 N. Die's Ave.
<br />_ Grand Island, NE 69&03 OR ------ USE ONLY
<br />DEED OF TRUST
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<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $50,000.00. a f�
<br />THIS DEED OF TRUST is dated March 31, 2003, among GARTH EDWARDSON and TARA EDWARDSON;
<br />HUSBAND AND WIFE, AS JOINT TENANTS ( "Trustor "); Five Points Bank, whose address is West Branch,
<br />2009 N. Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary "); and Five Points Bank, whose address Is P.O Box 1507, Grand Island, NE 68802 -1507 (referred
<br />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 Truster's right, title, and interest in and to the following described real property, together with all existing or
<br />Spbseguently 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, ail, gas, gout tarsal and similar matters, (the "Real Property ") located In HALL
<br />County, State of Nebraska:
<br />SEE ATTACHED "EXHIBIT A"
<br />The Real Property or its address is commonly known as 20 ACRES OF LAND, 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
<br />future amounts Lender in its discretion may loan to Truster, together with all interest thereon; however, in no event shall Such future
<br />advanced (excluding interest) exceed In the aggregate $50,000.00.
<br />Truster presently assigns to Lender )oleo known as Beneficiary in this Deed of Trust) all of Truster'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, Truster grants to Lender a Uniform Commercial
<br />Code security 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 (BI 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
<br />this 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
<br />Deed of Trust, and the Related Documents,
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Truster's possession and use of the Property shall be
<br />governed by the following pmvaions:
<br />Possession and Use. Until the occurrence of an Event of Default, Truster may (1) remain in possession and control of the Property;
<br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to proserve its value.
<br />Compliance With Environmental Laws. Truster represents and warrants to Lender that: (11 During the period of Truster's ownership
<br />of the Property, there has been be use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; (2) Truster has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />Environmental Laws, Us any use, generation, manufecture, storage, treatment, disposal, release or threatened release of any
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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />West Branch 20030399 o
<br />2009 N. Die's Ave.
<br />_ Grand Island, NE 69&03 OR ------ 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 $50,000.00. a f�
<br />THIS DEED OF TRUST is dated March 31, 2003, among GARTH EDWARDSON and TARA EDWARDSON;
<br />HUSBAND AND WIFE, AS JOINT TENANTS ( "Trustor "); Five Points Bank, whose address is West Branch,
<br />2009 N. Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary "); and Five Points Bank, whose address Is P.O Box 1507, Grand Island, NE 68802 -1507 (referred
<br />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 Truster's right, title, and interest in and to the following described real property, together with all existing or
<br />Spbseguently 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, ail, gas, gout tarsal and similar matters, (the "Real Property ") located In HALL
<br />County, State of Nebraska:
<br />SEE ATTACHED "EXHIBIT A"
<br />The Real Property or its address is commonly known as 20 ACRES OF LAND, 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
<br />future amounts Lender in its discretion may loan to Truster, together with all interest thereon; however, in no event shall Such future
<br />advanced (excluding interest) exceed In the aggregate $50,000.00.
<br />Truster presently assigns to Lender )oleo known as Beneficiary in this Deed of Trust) all of Truster'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, Truster grants to Lender a Uniform Commercial
<br />Code security 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 (BI 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
<br />this 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
<br />Deed of Trust, and the Related Documents,
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Truster agrees that Truster's possession and use of the Property shall be
<br />governed by the following pmvaions:
<br />Possession and Use. Until the occurrence of an Event of Default, Truster may (1) remain in possession and control of the Property;
<br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in tenantable condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to proserve its value.
<br />Compliance With Environmental Laws. Truster represents and warrants to Lender that: (11 During the period of Truster's ownership
<br />of the Property, there has been be use, generation, manufacture, storage, treatment, disposal, release or threatened release of any
<br />Hazardous Substance by any person on, under, about or from the Property; (2) Truster has no knowledge of, or reason to believe
<br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any
<br />Environmental Laws, Us any use, generation, manufecture, storage, treatment, disposal, release or threatened release of any
<br />
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