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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated January 2, 2002, among CARSON- SULLIVAN PARTNERSHIP, A PARTNERSHIP
<br />( "Trustor "); Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, NE 68803 d
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and (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
<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 />A TRACT OF LAND COMPRISING A PART OF THE WEST HALF OF THE SOUTHWEST QUARTER
<br />(W1 /2SW1 /4) OF SECTION FIVE (5), TOWNSHIP TEN (10) NORTH, RANGE TEN (10) WEST OF THE 6TH
<br />P.M., HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: FIRST, TO
<br />ASCERTAIN THE POINT OF BEGINNING, START AT THE SOUTHWEST CORNER OF SAID SECTION FIVE
<br />(5); THENCE N 00 000'00" (ASSUMED BEARING) ALONG AND UPON THE WEST LINE OF SAID WEST
<br />HALF OF THE SOUTHWEST QUARTER (W1/2SW1/4) A DISTANCE OF ONE THOUSAND THREE HUNDRED
<br />FORTY (1340.0) FEET; THENCE 90 100'00" E A DISTANCE OF SEVENTY (70.0) FEET TO A POINT ON THE
<br />EASTERLY RIGHT OF WAY LINE OF ALDA ROAD AND BEING THE ACTUAL POINT OF BEGINNING;
<br />THENCE CONTINUING 90 000'00" E A DISTANCE OF FIVE HUNDRED SEVENTY ONE AND SIXTY FOUR
<br />HUNDREDTHS (571.64) FEET TO A POINT ON THE PROLONGATION OF THE WEST LINE OF ARGO
<br />FOURTH SUBDIVISION IN THE CITY OF ALDA, NEBRASKA, THENCE S 00 005'00" W ALONG AND UPON
<br />SAID PROLONGATION AND THE WEST LINE OF SAID ARGO FOURTH SUBDIVISION A DISTANCE OF
<br />THREE HUNDRED (300.0) FEET; THENCE S 90 000'00" W A DISTANCE OF FIVE HUNDRED SEVENTY ONE
<br />AND TWO TENTHS (571.2) FEET TO A POINT ON SAID EASTERLY RIGHT OF WAY LINE OF ALDA ROAD;
<br />THENCE N 00 000'00" E, ALONG AND UPON SAID RIGHT OF WAY LINE PARALLEL WITH THE WEST LINE
<br />OF SAID WEST HALF OF THE SOUTHWEST QUARTER (W1/2SW1/4) A DISTANCE OF THREE HUNDRED
<br />(300.0) FEET TO THE ACTUAL POINT OF BEGINNING AND CONTAINING 3.945 ACRES MORE OR LESS,
<br />ALSO TO BE KNOWN AS LOT 1, P.V. VET SUBDIVISION, AN ADDITION TO THE VILLAGE OF ALDA,
<br />HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 4783 S ALDA RD, ALDA, NE 68810.
<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 />
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