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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank ~Q, ~~ ~Sp '7
<br />South Branch
<br />3917 W. 5tplley Pk. Rd.
<br />Grand Island NE 5$$01 ~v~~D ~
<br />FOR RECORDER'S U5E
<br />NLY
<br />FIVE POINTS B~WK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 515,000AO.
<br />THIS DEED OF TRUST is dated November 19, 2009, among MILDRED A. SCHEEL; A SINGLE PERSON
<br />("Trustor"); Five Points Bank, whose address is South Branch, 3111 W. Stoney Pk. Rd., Grand Island, NE
<br />68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"1; and Five Points Bank,
<br />whose address is P.O Box 1507, 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 HALL
<br />County, State of Nebraska:
<br />LOT ELEVEN 1111 IN BLOCK TEN (10), ASHTON PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 2521 W KOENIG ST, GRAND ISLAND, NE
<br />68$03-5344.
<br />FUTURE ADVANCES. In addition to the Note, this Dsed of Trust secures all future advances made by Lender to Trustor whether ar not the
<br />advances are made pursuant to a commitment. Specifically, without limitatian, this Deed of Trust secures, in addition to the amounts
<br />specified in the Note, alt 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 515,000.00.
<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 AND PER50NAL
<br />PROPERTY, IS GIVEN TO SECURE IA1 PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, ANb 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
<br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents.
<br />POSSE5510N AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may 11- remain in possession and control of the Property;
<br />12) use, operate or manage the Property; and l31 collect the Rents from the Property.
<br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and
<br />maintenance necessary to preserve its value.
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