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<br />WHEN RECORDED MAIL TO:
<br />Five Points Benk
<br />North Branch [~/_ ,/~ v
<br />2095 North Broadwell "~[~
<br />Grand Island, NE fi$$U3 FOR RECORDER'S USE ONLY
<br />FIVE POINTS B,AWK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $35,000.00.
<br />THIS DEED OF TRUST is dated October 1, 2009, among SAM GRIMMINGER and PATRICIA KAY
<br />GRIMMINGER; HUSBAND AND WIFE ("Trustor"); Five Points Bank, whose .address is North Branch, 2015
<br />North Broadwell, Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"-; and (referred to below as "Trustee").
<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 ar
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; ell water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights; and all other ri hts, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, It~ie "Real Property") located In HALL
<br />County, State of Nebraska:
<br />THE NORTH FORTY FEET (40') OF LOT ONE (1) AND THE NORTH FORTY FEET (40') OF LOT TWO (2-,
<br />EXCEPT THE WEST TWELVE FEET 112'1 OF LOT TWO 12-, BLOCK SEVEN (7'1, ARNOLD AND ABBOTT'S
<br />ADDITION, CITY OF GRAND ISLAND, MALL COUNTY, NEBRASKA, IN ADDITION TO A VACATED
<br />PORTION OF GREENWICH STREET
<br />The Real Property or its address is commonly known as 1003 W 4TH ST, GRAND ISLAND, NE 68801. The
<br />Real Property tax identification number is 400009048. .
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of Trustor to Lender, or any one or more of them, as well as all claims by Lender against Trustor or any one 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 ar unliquidated, whether Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party ar otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation tc repay
<br />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 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 535,000,00.
<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
<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 ANb PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE IAI PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED bOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by
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