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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 />DEED OF TRUST
<br />
<br />FOR RECORDER'S USE ONLY
<br />
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<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $125,000.00.
<br />
<br />THIS DEED OF TRUST is dated February 4. 2008, among PATRICK RENTALS LLC; A NEBRASKA LIMITED
<br />LIABILITY COMPANY ("Trustor"); Five Points Bank, whose address is North Branch. 2015 North Broadwell,
<br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five
<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 />County, State of Nebraska:
<br />
<br />A PORTION OF LOTS ONE (1) AND TWO (2), IN BLOCK SEVENTY ONE (71) OF THE ORIGINAL TOWN OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA, DESCRIBED AS FOLLOWS:, TO WIT: BEGINNING AT A
<br />POINT IN THE NORTHERLY LINE OF BLOCK SEVENTY ONE (71), SAID POINT BEING 88 FEET WESTERLY
<br />FROM THE NORTHEAST CORNER OF SAID BLOCK SEVENTY ONE (71); THENCE IN A SOUTHEASTERLY
<br />DIRECTION ACROSS LOTS TWO (2) AND ONE (1) A DISTANCE OF 158.64 FEET TO THE SOUTHEAST
<br />CORNER OF LOT ONE (1), IN SAID BLOCK SEVENTY ONE (71); THENCE WESTERLY ALONG THE
<br />SOUTHERLY LINE OF LOTS ONE (1) AND TWO (2), A DISTANCE OF 88 FEET TO A POINT 22 FEET
<br />DISTANT WESTERLY FROM THE DIVISION LINE BETWEEN LOTS ONE (1) AND TWO (2); THENCE
<br />NORTHERLY PARALLEL TO AND 22 FEET DISTANT WESTERLY FROM THE DIVISION LINE BETWEEN
<br />LOTS ONE (1) AND TWO (2) A DISTANCE OF 132 FEET TO THE PLACE OF BEGINNING EXCEPT A
<br />TRACT OF LAND MORE PARTICULARLY DESCRIBED IN BOOK 49. PAGE 565 AND EXCEPT A TRACT OF
<br />LAND MORE PARTICULARLY DESCRIBED IN BOOK 49. PAGE 624
<br />
<br />The Real Property or its address is commonly known as 519 E 3RD ST, GRAND ISLAND, NE 68801. The
<br />Real Property tax identification number is 400006057.
<br />
<br />CROSS-COLLATERALlZATION. 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 />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Borrower or Trustor
<br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition
<br />to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Borrower or Trustor, together with all interest
<br />thereon; however, in no event shall such future advances (excluding interest) exceed in the aggregate $125,000.00.
<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
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