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Ret. Env. <br />Z <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />CAD <br />N <br />CL <br />N <br />eN-F <br />a <br />CD <br />z <br />O <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 />S <br />THIS DEED OF TRUST is dated May 21, 2003, among WALTER W ROSS and RONDA L ROSS; HUSBAND G <br />AND WIFE ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE <br />68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points Bank, <br />whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as "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 <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 ") located in HALL <br />County, State of Nebraska: <br />LOT TEN (10) AND THE EASTERLY TWENTY FOUR (24) FEET OF LOT NINE (9) ALL IN BLOCK FOUR (4) <br />IN PLEASANT VIEW ADDITION TO THE CITY OF GRAND ISLAND HALL COUNTY NEBRASKA AND THE <br />WESTERLY THREE (3) FEET OF LOT ONE (1) IN BLOCK THREE (3) PLEASANT VIEW THIRD ADDITION TO <br />THE CITY OF GRAND ISLAND HALL COUNTY NEBRASKA. AND <br />FRACTIONAL LOT SEVEN (7) IN FRACTIONAL BLOCK TWENTY (20) OF WALLICH'S ADDITION AND ITS <br />COMPLEMENT: FRACTIONAL LOT SEVEN (7) IN FRACTIONAL BLOCK FOUR (4) IN THE BONNIE BRAE <br />ADDITION, BOTH BEING ADDITIONS TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The Real Property or its address is commonly known as 909 E OKLAHOMA, GRAND ISLAND, NE <br />68801 -8145. The Real Property tax identification number is 400079267 AND 400022087 <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 Trustor, together with all interest thereon; however, in no event shall such future <br />advances (excluding interest) exceed in the aggregate $40,000.00. <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, Trustor 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 (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's 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 in possession and control of the Property; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />i <br />t <br />V <br />U' <br />O <br />C> —+ <br />�� • <br />C T3 <br />N <br />' <br />:3 <br />Z <br />r'n <br />O <br />rn <br />o <br />O <br />O <br />O <br />Z <br />W <br />r <br />� ffl <br />F <br />rn <br />r D <br />rn <br />o <br />co <br />O <br />D <br />►—, <br />N <br />Cn <br />CQ <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />West Branch <br />2009 N. Diers Ave. <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />CAD <br />N <br />CL <br />N <br />eN-F <br />a <br />CD <br />z <br />O <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 />S <br />THIS DEED OF TRUST is dated May 21, 2003, among WALTER W ROSS and RONDA L ROSS; HUSBAND G <br />AND WIFE ( "Trustor "); Five Points Bank, whose address is West Branch, 2009 N. Diers Ave., Grand Island, NE <br />68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points Bank, <br />whose address is P.O Box 1507, Grand Island, NE 68802 -1507 (referred to below as "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 <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 ") located in HALL <br />County, State of Nebraska: <br />LOT TEN (10) AND THE EASTERLY TWENTY FOUR (24) FEET OF LOT NINE (9) ALL IN BLOCK FOUR (4) <br />IN PLEASANT VIEW ADDITION TO THE CITY OF GRAND ISLAND HALL COUNTY NEBRASKA AND THE <br />WESTERLY THREE (3) FEET OF LOT ONE (1) IN BLOCK THREE (3) PLEASANT VIEW THIRD ADDITION TO <br />THE CITY OF GRAND ISLAND HALL COUNTY NEBRASKA. AND <br />FRACTIONAL LOT SEVEN (7) IN FRACTIONAL BLOCK TWENTY (20) OF WALLICH'S ADDITION AND ITS <br />COMPLEMENT: FRACTIONAL LOT SEVEN (7) IN FRACTIONAL BLOCK FOUR (4) IN THE BONNIE BRAE <br />ADDITION, BOTH BEING ADDITIONS TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The Real Property or its address is commonly known as 909 E OKLAHOMA, GRAND ISLAND, NE <br />68801 -8145. The Real Property tax identification number is 400079267 AND 400022087 <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 Trustor, together with all interest thereon; however, in no event shall such future <br />advances (excluding interest) exceed in the aggregate $40,000.00. <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, Trustor 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 (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's 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 in possession and control of the Property; <br />(2) use, operate or manage the Property; and (3) collect the Rents from the Property. <br />i <br />t <br />V <br />