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<br />WHEN RECORDED MAIL TO: q .400 21 0 2 7 (� V
<br />Five Points Bank
<br />South Branch
<br />.... W Stolley Pk. Rd.
<br />Grand lit antl NE 68801 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 $175,000.00.
<br />THIS DEED OF TRUST is dated September 20, 2002, among GRAND ISLAND MUSIC, INC., A NEBRASKA
<br />CORPORATION ( "Truster"); Five Points Bank, whose address is South Branch, 3111 W. Stolley Pk. Rd., Grand
<br />Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points
<br />Bank, whose address is P.O Box 1507, Grand 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 Thrasher'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; a0 water, water
<br />rights and ditch rights (including stack 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 />PART OF LOT ONE (1), DESERT ROSE SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />A TRACT OF LAND IN THE SOUTH ONE -HALF (S1/2) OF THE SOUTHWEST QUARTER OF THE
<br />SOUTHWEST QUARTER (SW1/4 SW1/4) OF SECTION TWENTY -SEVEN (27), TOWNSHIP ELEVEN (11)
<br />NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA MORE PARTICULARLY
<br />DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID SOUTHWEST
<br />QUARTER OF THE SOUTHWEST QUARTER (SW1 /4 SW114) AND RUNNING EASTERLY ON THE
<br />SOUTHERLY LINE OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER (SW1/4 SW714) A
<br />DISTANCE OF THREE HUNDRED SEVENTY -FIVE (375) FEET; THENCE DEFLECTING LEFT NINETY -ONE
<br />DEGREES, THIRTY -EIGHT MINUTES (91 DEG 38 MIN) AND RUNNING NORTHERLY A DISTANCE OF ONE
<br />HUNDRED THIRTY AND TEN HUNDREDTHS (130.10) FEET TO THE ACTUAL POINT OF BEGINNING;
<br />THENCE DEFLECTING LEFT SIXTY -TWO DEGREES THIRTY -ONE MINUTES (62 DEG 31 MIN) AND
<br />RUNNING NORTHWESTERLY A DISTANCE OF ONE HUNDRED SEVENTY -FOUR AND FORTY
<br />HUNDREDTHS (174.40) FEET; THENCE DEFLECTING RIGHT TWENTY -ONE DEGREES SEVEN MINUTES
<br />(21 DEG 7 MIN) AND RUNNING NORTHWESTERLY A DISTANCE OF ONE HUNDRED NINETY -THREE AND
<br />FORTY HUNDREDTHS (193.40) FEET; THENCE DEFLECTING RIGHT FIFTEEN DEGREES, SEVENTEEN
<br />MINUTES (15 DEG 17 MIN) AND RUNNING NORTHWESTERLY A DISTANCE OF SIXTY -ONE AND THIRTY
<br />HUNDREDTHS (61.30) FEET; THENCE DEFLECTING RIGHT TWENTY -TWO DEGREES, FORTY MINUTES
<br />(22 DEG 40 MIN) AND RUNNING NORTHERLY A DISTANCE OF TWO HUNDRED FIFTY THREE (253) FEET;
<br />THENCE RUNNING EASTERLY A DISTANCE OF THREE HUNDRED TWENTY -FIVE (325) FEET TO A POINT
<br />BEING SIX HUNDRED FIFTY -FOUR AND EIGHTY HUNDREDTHS (654.80) FEET NORTHERLY OF THE
<br />SOUTHERLY LINE OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER (SW7 /4 SW1 /4);
<br />THENCE RUNNING SOUTHERLY A DISTANCE OF FIVE HUNDRED TWENTY -FOUR AND SEVENTY
<br />HUNDREDTHS (524.70) FEET TO THE ACTUAL POINT OF BEGINNING.
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<br />iA- Ctrl Lr it d J , q
<br />WHEN RECORDED MAIL TO: q .400 21 0 2 7 (� V
<br />Five Points Bank
<br />South Branch
<br />.... W Stolley Pk. Rd.
<br />Grand lit antl NE 68801 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 $175,000.00.
<br />THIS DEED OF TRUST is dated September 20, 2002, among GRAND ISLAND MUSIC, INC., A NEBRASKA
<br />CORPORATION ( "Truster"); Five Points Bank, whose address is South Branch, 3111 W. Stolley Pk. Rd., Grand
<br />Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary "); and Five Points
<br />Bank, whose address is P.O Box 1507, Grand 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 Thrasher'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; a0 water, water
<br />rights and ditch rights (including stack 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 />PART OF LOT ONE (1), DESERT ROSE SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />A TRACT OF LAND IN THE SOUTH ONE -HALF (S1/2) OF THE SOUTHWEST QUARTER OF THE
<br />SOUTHWEST QUARTER (SW1/4 SW1/4) OF SECTION TWENTY -SEVEN (27), TOWNSHIP ELEVEN (11)
<br />NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA MORE PARTICULARLY
<br />DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID SOUTHWEST
<br />QUARTER OF THE SOUTHWEST QUARTER (SW1 /4 SW114) AND RUNNING EASTERLY ON THE
<br />SOUTHERLY LINE OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER (SW1/4 SW714) A
<br />DISTANCE OF THREE HUNDRED SEVENTY -FIVE (375) FEET; THENCE DEFLECTING LEFT NINETY -ONE
<br />DEGREES, THIRTY -EIGHT MINUTES (91 DEG 38 MIN) AND RUNNING NORTHERLY A DISTANCE OF ONE
<br />HUNDRED THIRTY AND TEN HUNDREDTHS (130.10) FEET TO THE ACTUAL POINT OF BEGINNING;
<br />THENCE DEFLECTING LEFT SIXTY -TWO DEGREES THIRTY -ONE MINUTES (62 DEG 31 MIN) AND
<br />RUNNING NORTHWESTERLY A DISTANCE OF ONE HUNDRED SEVENTY -FOUR AND FORTY
<br />HUNDREDTHS (174.40) FEET; THENCE DEFLECTING RIGHT TWENTY -ONE DEGREES SEVEN MINUTES
<br />(21 DEG 7 MIN) AND RUNNING NORTHWESTERLY A DISTANCE OF ONE HUNDRED NINETY -THREE AND
<br />FORTY HUNDREDTHS (193.40) FEET; THENCE DEFLECTING RIGHT FIFTEEN DEGREES, SEVENTEEN
<br />MINUTES (15 DEG 17 MIN) AND RUNNING NORTHWESTERLY A DISTANCE OF SIXTY -ONE AND THIRTY
<br />HUNDREDTHS (61.30) FEET; THENCE DEFLECTING RIGHT TWENTY -TWO DEGREES, FORTY MINUTES
<br />(22 DEG 40 MIN) AND RUNNING NORTHERLY A DISTANCE OF TWO HUNDRED FIFTY THREE (253) FEET;
<br />THENCE RUNNING EASTERLY A DISTANCE OF THREE HUNDRED TWENTY -FIVE (325) FEET TO A POINT
<br />BEING SIX HUNDRED FIFTY -FOUR AND EIGHTY HUNDREDTHS (654.80) FEET NORTHERLY OF THE
<br />SOUTHERLY LINE OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER (SW7 /4 SW1 /4);
<br />THENCE RUNNING SOUTHERLY A DISTANCE OF FIVE HUNDRED TWENTY -FOUR AND SEVENTY
<br />HUNDREDTHS (524.70) FEET TO THE ACTUAL POINT OF BEGINNING.
<br />
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