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DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $50,000.00.
<br />THIS DEED OF TRUST is dated April 9, 2003, among BAASCH REALTY & INSURANCE INC; A NEBRASKA
<br />CORPORATION ( "Trustor"1; Five Points Bank, whose address is "Your Hometown Bank ", 2015 N. Broadwell,
<br />P.O. Box 1507, Grand Island, NE 68802 -1507 (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 a Beneficiary, all of Trustor's right, title, and interest in and to the following described real properly, together with all existing or
<br />subsequently 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, oil, gas, geothermal and similar matters, (the "Real Property "I located in HALL
<br />County, State of Nebraska:
<br />LOT ONE (1), BLOCK ONE (1), AXT & HAGGE'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY,NEBRASKA
<br />The Real Property or its address is commonly known as 213 S KIMBALL, GRAND ISLAND, NE.
<br />CROSS- COLLATERALIZATION. In addition to the Nate. this Decd of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Truster to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidamd whether Truster
<br />may be liable individually or jointly with others, whetter obligated as guarantor, surety, accommodation party or otherwise. and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, In addition to the amounts specified in the Note, all
<br />future a unts lender in its discretion may ban to Truster, together with all interest thereon; however, In no event shall such future
<br />advances(excluding interest) exceed in the aggregate $50,000.00.
<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
<br />present and future leases of the Property and all Rents from the Property. In addition, Truster grams 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 IAI 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
<br />this 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
<br />Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor 'a possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain is possession and control of the Property:
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<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $50,000.00.
<br />THIS DEED OF TRUST is dated April 9, 2003, among BAASCH REALTY & INSURANCE INC; A NEBRASKA
<br />CORPORATION ( "Trustor"1; Five Points Bank, whose address is "Your Hometown Bank ", 2015 N. Broadwell,
<br />P.O. Box 1507, Grand Island, NE 68802 -1507 (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 a Beneficiary, all of Trustor's right, title, and interest in and to the following described real properly, together with all existing or
<br />subsequently 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, oil, gas, geothermal and similar matters, (the "Real Property "I located in HALL
<br />County, State of Nebraska:
<br />LOT ONE (1), BLOCK ONE (1), AXT & HAGGE'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY,NEBRASKA
<br />The Real Property or its address is commonly known as 213 S KIMBALL, GRAND ISLAND, NE.
<br />CROSS- COLLATERALIZATION. In addition to the Nate. this Decd of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Truster to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidamd whether Truster
<br />may be liable individually or jointly with others, whetter obligated as guarantor, surety, accommodation party or otherwise. and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, In addition to the amounts specified in the Note, all
<br />future a unts lender in its discretion may ban to Truster, together with all interest thereon; however, In no event shall such future
<br />advances(excluding interest) exceed in the aggregate $50,000.00.
<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
<br />present and future leases of the Property and all Rents from the Property. In addition, Truster grams 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 IAI 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
<br />this 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
<br />Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor 'a possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain is possession and control of the Property:
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<br />WHEN RECORDED MAIL TO:
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<br />Five Poinu Bank
<br />"Your Permanent Bank"
<br />2015 N. Broadwell
<br />P.O. Box 5]
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<br />G tl NE 68802 -1507
<br />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 $50,000.00.
<br />THIS DEED OF TRUST is dated April 9, 2003, among BAASCH REALTY & INSURANCE INC; A NEBRASKA
<br />CORPORATION ( "Trustor"1; Five Points Bank, whose address is "Your Hometown Bank ", 2015 N. Broadwell,
<br />P.O. Box 1507, Grand Island, NE 68802 -1507 (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 a Beneficiary, all of Trustor's right, title, and interest in and to the following described real properly, together with all existing or
<br />subsequently 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, oil, gas, geothermal and similar matters, (the "Real Property "I located in HALL
<br />County, State of Nebraska:
<br />LOT ONE (1), BLOCK ONE (1), AXT & HAGGE'S ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY,NEBRASKA
<br />The Real Property or its address is commonly known as 213 S KIMBALL, GRAND ISLAND, NE.
<br />CROSS- COLLATERALIZATION. In addition to the Nate. this Decd of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Truster to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidamd whether Truster
<br />may be liable individually or jointly with others, whetter obligated as guarantor, surety, accommodation party or otherwise. and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may become otherwise unenforceable.
<br />FUTURE ADVANCES. Specifically, without limitation, this Deed of Trust secures, In addition to the amounts specified in the Note, all
<br />future a unts lender in its discretion may ban to Truster, together with all interest thereon; however, In no event shall such future
<br />advances(excluding interest) exceed in the aggregate $50,000.00.
<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
<br />present and future leases of the Property and all Rents from the Property. In addition, Truster grams 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 IAI 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
<br />this 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
<br />Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor 'a possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain is possession and control of the Property:
<br />
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