...^~
<br />"""~ ~ G -rn
<br />N ~ ~ A O ~
<br />~~
<br />rn
<br />®~ 7C =
<br />rn
<br />00 ~
<br />~~
<br />~~ ~ m
<br />V! ~ ~ cn ~
<br /> p
<br />
<br />~ ~ ~~ ~ rr, m
<br />rY, y. ~ ~
<br />C~ ~
<br />
<br /> C
<br />~
<br />r~ ~- ~ m . ~
<br />
<br />(n r+7
<br />J
<br />-~
<br />n m
<br />~ C
<br />/7
<br />-1
<br />
<br />~ ~' Q7
<br /> 'r m
<br /> a
<br /> ,~ .~
<br />~...,,
<br /> C3'] cn ~° Z
<br /> cr' O
<br />WHEN RECORDED MAIL TO: ~b
<br />Five Points Bank q
<br />North Branch ~ ` ~
<br />2015 North Broadwell
<br />Gran I land NE 6$$ FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not axce®d at any one time 540,000.00.
<br />THIS DEED OF TRUST is dated June 70, 2009, among J & B RENTALS LLC; A NEBRASKA LIMITED LIABILITY
<br />COMPANY ("Trustor"); Five Paints Bank, whose address is North Branch, 2015 North Broadwell, Grand Island,
<br />NE 68803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank,
<br />whose address is P.O Bax 7 507, Grand Island, NE 68802-1507 (referred to below as "Trustee" 1.
<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 rightsl; 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 WALL
<br />County, State of Nebraska.
<br />THE WESTERLY TWO 121 FEET OF FRACTIONAL LOT THREE (31 AND ALL OF FRACTIONAL LOTS FOUR
<br />(~) AND FIVE (51, FRACTIONAL BLOCK TWELVE (12), GILBERT'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 7015 N. BROADWELL, GRAND ISLAND, NE
<br />68$03-3729.
<br />CROSS-COLLATERALI~ATION. In addition to the Nota, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by Lander against Borrower and Trustor
<br />or any one 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 ar 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 823,750.00.
<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
<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 />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 IBI 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 />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants tl^lat: la- this•De+~d of Trust is executed at Borrower's request and
<br />not at the request of Lender; (k2) Trustpt ha8 the full power,; right, and authority to enter intq this Daad of Trust and to hypothecate the
<br />
|