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<br />WHEN RECORDED MAIL TO:
<br />Five Points Benk
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island. NE 68803
<br />
<br />L/-s; 50
<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 May 1. 2009. among J & B RENTALS LLC; A NEBRASKA LIMITED LIABILITY
<br />
<br />COMPANY ("Trustor"); Five Points Bank, whose address is North Branch, 2015 North Broadwell. Grand Island,
<br />
<br />NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and FIVE POINTS
<br />
<br />BANK, whose address is 2015 N. BROADWELL AVE.. GRAND ISLAND, NE 68803 (referred to below as
<br />
<br />"Trustee").
<br />
<br />CONVEY ANCE 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 />THE WESTERLY ONE HUNDRED FIFTY -THREE (153) FEET OF THE SOUTH HALF (S 1/2) OF BLOCK
<br />
<br />TWELVE (12), PLEASANT HOME SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />
<br />NEBRASKA
<br />
<br />The Real Property or its address is commonly known as 518, 520. 522 W HEDDE ST, GRAND ISLAND, NE
<br />
<br />68801 .
<br />
<br />CROSS-COllATERAlIZATION. 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 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 $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 IA) PAYMENT OF THE INDEBTEDNESS AND IB) 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at Borrower's request and
<br />
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