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<br />WHEN RECORDED MAil TO:
<br />Fivll Points Bonk f () g "" ISO 7
<br />South Branch
<br />3111 W. StollllY Pk. Rd.
<br />Grand Island, NE 1)889.1 tJ (?0'2.-
<br />
<br />FOR RECORDER'S USE ONLY
<br />
<br />FIVE PoINTS BANK
<br />
<br />DEED OF TRUST
<br />
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at anyone time $150,000.00.
<br />
<br />THIS DEED OF TRUST is dated January 2, 2009, among WENDELL R DUBBS and SALLY DUBBS; HUSBAND
<br />
<br />AND WIFE ("Trustor"); Five Points Bank, whose address is South Branch, 3111 W. Stolley Pk. Rd.. Grand
<br />
<br />Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points
<br />
<br />Bank, whose address is P.O Box 1507, Grand Island, NE 68802-1507 (referred to below as "Trustee").
<br />
<br />CONVEY ANCE AND GRANT. For valuable consideration, Trustor conveys to Trustllll in trust, WITH POWER OF SALE, for thll bllnefit of
<br />Lendllr as Benllficiary, 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 end similar matters, (the "Real Property") located in HALL
<br />
<br />County, State of Nebraska:
<br />
<br />THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER (NE1/4SE1/4); AND THE WEST HALF OF
<br />
<br />THE SOUTHEAST QUARTER (W1/2SE1/4) OF SECTION THREE (3), TOWNSHIP TEN (10) NORTH, RANGE
<br />
<br />TWELVE (12), WEST OF THE 6TH P.M.. IN HALL COUNTY, NEBRASKA, SUBJECT TO EASEMENTS,
<br />
<br />RESERVATIONS AND PUBLIC ROADS EITHER APPARENT OR OF RECORD, AND BEING 120 ACRES,
<br />
<br />MORE OR LESS.
<br />
<br />CROSS-COLLATERALlZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to Lender, or anyone or more of them, as well as all claims by Lender against Trustor or anyone or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether voluntary or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or unliquidated, whether Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />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 Trustor, together with all interest thereon; however, in no
<br />event shall such future advances (excluding interest) exceed in the aggregate $150,000.00.
<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 />
<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 />
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