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<br />
<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island, NE 68803
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />DEED OF TRUST
<br />
<br />-?~---
<br />:> c;
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $95,000.00.
<br />
<br />THIS DEED OF TRUST is dated March 19, 2007, among DAVID J PARMLEY and DIANNE J PARMLEY;
<br />
<br />HUSBAND AND WIFE ("Trustor"); Five Points Bank, whose address is North Branch, 2015 North Broadwell,
<br />
<br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five
<br />
<br />Points Bank, whose address is P.O Box 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 />COMMENCING AT A POINT FIFTY-FIVE (55) FEET NORTHERLY FROM THE SOUTHEAST CORNER OF LOT
<br />
<br />EIGHT (8), IN BLOCK SIXTY-FIVE (65) OF THE ORIGINAL TOWN, NOW CITY OF GRAND ISLAND, HALL
<br />
<br />COUNTY, NEBRASKA, RUNNING THENCE NORTHERLY ALONG THE EASTERLY LINE OF SAID LOT EIGHT
<br />
<br />(8), TWENTY-TWO (22) FEET; THENCE WESTERLY AT RIGHT ANGLES AND PARALLEl WITH THE
<br />
<br />SOUTHERLY LINE OF SAID LOT EIGHT (8) AND SEVEN (7) IN SAID BLOCK SIXTY-FIVE (65),
<br />
<br />NINETY-NINE (99) FEET; THENCE SOUTHERLY AT RIGHT ANGLES AND PARALLEl WITH THE EASTERLY
<br />
<br />LINE OF SAID LOT EIGHT (8). TWENTY-TWO (22) FEET; THENCE EASTERLY AT RIGHT ANGLES AND
<br />
<br />PARALLEl WITH THE SOUTHERLY LINE OF SAID LOTS SEVEN (7) AND EIGHT (8), NINETY-NINE (99)
<br />
<br />FEET TO THE POINT OF BEGINNING EXCEPT A CERTAIN TRACT OF LAND MORE PARTICULARLY
<br />
<br />DESCRIBED IN WARRANTY DEED RECORDED AS DOCUMENT NO. 91-103092.
<br />
<br />The Real Property or its address is commonly known as 208 N LOCUST ST, GRAND ISLAND, NE 68801.
<br />
<br />The Real Property tax identification number is 4000005581.
<br />
<br />CROSS-COLLATERALlZATlON. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of either Trustor or Borrower to Lender, or anyone or more of them, as well as all claims by Lender against Borrower and Trustor
<br />or anyone or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether
<br />voluntary or otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or
<br />unliquidated, whether Borrower or Trustor may be liable individually or jointly with others, whether obligated as guarantor, surety,
<br />accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may become otherwise unenforceable.
<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 Borrower, together with all interest thereon; however, in no
<br />event shall such future advances (excluding interest) exceed in the aggregate $95,000.00.
<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 />
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