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.
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<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.
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