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<br />WHEN RECORDED MAIL TO:"
<br />Five Points Bank ·
<br />Downtown
<br />370 N. Walnut
<br />Grand Island, NE 68801
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $934,511.42.
<br />
<br />THIS DEED OF TRUST is dated January 3, 2006, among TED ROBB, A SINGLE PERSON ("Trustor"); Five
<br />
<br />Points Bank, whose address is Downtown, 370 N. Walnut, Grand Island, NE 68801 (referred to below
<br />
<br />sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box
<br />
<br />1507, Grand Island, NE 68802-1507 (referred to below as "Trustee").
<br />
<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 />
<br />County, State of Nebraska:
<br />
<br />PARCEL 1: THE SOUTHERLY ONE HUNDRED EIGHTY EIGHT AND SIX TENTHS FEET (S188.6') OF LOT
<br />
<br />EIGHT (8), COMMERCIAL INDUSTRIAL PARK SUBDIVISION OF PART OF BLOCK ONE (1), NELSEN
<br />
<br />SUBDIVISION, HALL COUNTY, NEBRASKA. PARCEL 2: LOT NINE (91. COMMERCIAL INDUSTRIAL
<br />
<br />PARK SUBDIVISION OF PART OF BLOCK ONE (1), NELSEN SUBDIVISION IN THE CITY OF GRAND
<br />
<br />ISLAND, HALL COUNTY, NEBRASKA, EXCEPTING A CERTAIN TRACT DEEDED TO BOSSELMAN, INC., A
<br />
<br />NEBRASKA CORPORATION, MORE PARTICULARY DESCRIBED IN WARRANTY DEED RECORDED AS
<br />
<br />DOCUMENT NO. 89-106507.
<br />
<br />The Real Property or its address is commonly known as 607 S WEBB RD, GRAND ISLAND, NE 68803. The
<br />
<br />Real Property tax identification number is 400036592.400036622.
<br />
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustor whether or not the
<br />advances are made pursuant to a commitment, Specifically, without limitation, this Deed of Trust secures, in addition to the amounts
<br />specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest thereon.
<br />
<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 />
<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 />
<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 />
<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 />
<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 />
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