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WHEN RECORDED MAIL TO <br />Five Paints 17 0 0 2 0 7 3 8 S <br />North Branch h �.r d <br />2015 North Broadwell <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />f. "AXIMUIV LIEN. The lien of this Deed of Trust shall not exceed at any one time $100,000.00. <br />IRIS DEED OF TRUST is dated July 12, 2002, among LEROY G COTE and JOSEPHINE K COTE, not personally <br />but as Trustees on behalf of COTE FAMILY REVOCABLE LIVING TRUST ( "Trustor "); Five Points Bank, whose <br />address is North Branch, 2015 North Broadwell, Grand Island, NE 68803 (referred to below sometimes as <br />"Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose address is P.O Box 1507, Grand <br />Island, NE 68802 -1507 (referred 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 Trustor's right, tills, and interest in and to the followin, descrihed teal property, together with all existing or <br />subs mtu.r illy orec;ud or afhilod budding„ improvements and fixtures; all casoments, rights of way. and appurtenances; all water, water <br />l,ul I i anet r,tch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits rotating to the real <br />property, including without limitation all minerals, ml, gas, geothermal and similar matters, [the "Real Property ") located in HALL <br />County, State of Nebraska: <br />LOT THREE (3) OF PIER PARK SUBDIVISION OF PART OF BLOCK ELEVEN 111) OF KOEHLER <br />SUBDIVISION TO THE CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA <br />The Real Property or its address is commonly known as 516 S VINE, GRAND ISLAND, NE 68801. The Real <br />Property tax identification number is 400077000 <br />CROSS- COLLATERALIZATION. In addition to the Notc, this Deed of Trust secures all obligations, debts and liandilieu, plus ir.teresl <br />thereon, of Borrower to Lender, or any one or more of them. as well as all claims by Lender against Borrower or any one or more of thorn, <br />whether now existing or hereafter arising, •.vhelher rr:Inted or unrelated to the purpose of the Note, whether voluntary or otherwise, <br />whether rlue or not due. direct or indirect, dsteirnined or undetermined, absolute or contingent, liquidated or unliquidated whether Borrower <br />Or Truster may be liable individually or jointly with others, vii other obligated as guarantor. surety, aeeommadalion party or otherwise, and <br />whot.`ier recovery upon such amounts rnav ho or hrsn;nfirr may becorne barred by any statute of limitations, and whether the obhgation to <br />repay ,uth amounts may be or hereafter may become athermse unenforceahle. <br />FUTURE ADVANCES. Specif ical'y; without limitation this Deed of Tmsi secures, in addition to the amour is specified in the Note. all <br />haur•: <br />it V_ L;r.nrr in rts discretion forty loan t i r_orrov.er together v :rih all Infareet thereon; however, in no event shall such future <br />arlvo nr.es lexcludinp shire'( exceed in the eggrooru, 5104000.00. <br />Tn,stor presently assigns to Lender iolsn known as Brnohciary in this Deed of Trusil WI of Truslor's right, title. and interest in and to all <br />pr(;-end and futures leases of the Property and all Rents from the Property. In addition, Truster grants to Lender a Uniform Commercial <br />Cole security interest in the Parsnnal 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Truster warrants that: Tel the Dead of Trust is executed at Borrower's request and <br />not it Ilia reguost of Lender, Ibl Trustor has the full power, right, arid authority to voter into this Dead of Trust and to hypothecate the <br />Protoaly; Ic) the provisions of this Deed of Trust do net nordlict wuh, or resuir ut a default under any agreement or other instrument <br />binding upon Trusmr and do riot result -.t ,, violahon of any law, regulation. court dacrou or order applicable to Trustor, ;dl Trustor has <br />eslahl'e:i"d adequate means cf obtaning fnmt Botrn war nn a continuing basis infornmtion about Borrower's financial condition; and (e) <br />Lender has niado no rc;rresentanon to Tru.ror about Borrower (including without limitation Iho creditworthiness of Borrov.erl. <br />m <br />n `ry <br />-n <br />m <br />m <br />> <br />7�s <br />ft <br />co <br />`n <br />CD <br />:V <br />(a <br />C 1 <br />n <br />C7 <br />N <br />WHEN RECORDED MAIL TO <br />Five Paints 17 0 0 2 0 7 3 8 S <br />North Branch h �.r d <br />2015 North Broadwell <br />Grand Island, NE 68803 FOR RECORDER'S USE ONLY <br />DEED OF TRUST <br />f. "AXIMUIV LIEN. The lien of this Deed of Trust shall not exceed at any one time $100,000.00. <br />IRIS DEED OF TRUST is dated July 12, 2002, among LEROY G COTE and JOSEPHINE K COTE, not personally <br />but as Trustees on behalf of COTE FAMILY REVOCABLE LIVING TRUST ( "Trustor "); Five Points Bank, whose <br />address is North Branch, 2015 North Broadwell, Grand Island, NE 68803 (referred to below sometimes as <br />"Lender" and sometimes as "Beneficiary "); and Five Points Bank, whose address is P.O Box 1507, Grand <br />Island, NE 68802 -1507 (referred 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 Trustor's right, tills, and interest in and to the followin, descrihed teal property, together with all existing or <br />subs mtu.r illy orec;ud or afhilod budding„ improvements and fixtures; all casoments, rights of way. and appurtenances; all water, water <br />l,ul I i anet r,tch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits rotating to the real <br />property, including without limitation all minerals, ml, gas, geothermal and similar matters, [the "Real Property ") located in HALL <br />County, State of Nebraska: <br />LOT THREE (3) OF PIER PARK SUBDIVISION OF PART OF BLOCK ELEVEN 111) OF KOEHLER <br />SUBDIVISION TO THE CITY OF GRAND ISLAND. HALL COUNTY. NEBRASKA <br />The Real Property or its address is commonly known as 516 S VINE, GRAND ISLAND, NE 68801. The Real <br />Property tax identification number is 400077000 <br />CROSS- COLLATERALIZATION. In addition to the Notc, this Deed of Trust secures all obligations, debts and liandilieu, plus ir.teresl <br />thereon, of Borrower to Lender, or any one or more of them. as well as all claims by Lender against Borrower or any one or more of thorn, <br />whether now existing or hereafter arising, •.vhelher rr:Inted or unrelated to the purpose of the Note, whether voluntary or otherwise, <br />whether rlue or not due. direct or indirect, dsteirnined or undetermined, absolute or contingent, liquidated or unliquidated whether Borrower <br />Or Truster may be liable individually or jointly with others, vii other obligated as guarantor. surety, aeeommadalion party or otherwise, and <br />whot.`ier recovery upon such amounts rnav ho or hrsn;nfirr may becorne barred by any statute of limitations, and whether the obhgation to <br />repay ,uth amounts may be or hereafter may become athermse unenforceahle. <br />FUTURE ADVANCES. Specif ical'y; without limitation this Deed of Tmsi secures, in addition to the amour is specified in the Note. all <br />haur•: <br />it V_ L;r.nrr in rts discretion forty loan t i r_orrov.er together v :rih all Infareet thereon; however, in no event shall such future <br />arlvo nr.es lexcludinp shire'( exceed in the eggrooru, 5104000.00. <br />Tn,stor presently assigns to Lender iolsn known as Brnohciary in this Deed of Trusil WI of Truslor's right, title. and interest in and to all <br />pr(;-end and futures leases of the Property and all Rents from the Property. In addition, Truster grants to Lender a Uniform Commercial <br />Cole security interest in the Parsnnal 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Truster warrants that: Tel the Dead of Trust is executed at Borrower's request and <br />not it Ilia reguost of Lender, Ibl Trustor has the full power, right, arid authority to voter into this Dead of Trust and to hypothecate the <br />Protoaly; Ic) the provisions of this Deed of Trust do net nordlict wuh, or resuir ut a default under any agreement or other instrument <br />binding upon Trusmr and do riot result -.t ,, violahon of any law, regulation. court dacrou or order applicable to Trustor, ;dl Trustor has <br />eslahl'e:i"d adequate means cf obtaning fnmt Botrn war nn a continuing basis infornmtion about Borrower's financial condition; and (e) <br />Lender has niado no rc;rresentanon to Tru.ror about Borrower (including without limitation Iho creditworthiness of Borrov.erl. <br />