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~~ <br />~~ ~ ~ , <br />B r ~ ~ ~ U1 C:'~ <br />~_ ~ _ <br />T r~ <br />e ~ C (7 ~ .v i~ \ ~ ~ ~ r~ <br />m ~' ~ to ::~ ~ c.~ `'~ rv ~ © r~ <br />_ -~, crf ~ <br />rn "'t] ~ ~z~ ~ <br />~~ R1 ~ <br />~~ ~ <br />~ (~ ~ t.~ <br />~ Cn C..? U> ~ <br />~~ ~ <br />W w V -~ <br />I't1 <br />Z <br />IT <br />fir] <br />~7`I <br />0 <br />Cam/) <br />z <br />-~-1 <br />C <br /> <br /> <br />WHEN RECORDED MAIL TO: <br />Five Points Bank <br />North Branch <br />2D95 North Broadwell <br />Grand I land NE 6880 FOR R C RDER' SE NLY <br />FIVE POINTS BANK <br />~~• <br />DEED OF TRUST '~ <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 580,000.00. <br />THIS DEED OF TRUST is dated November 24, 2009, among MARK D STELK and WANDA L STELK; HUSBAND <br />AND WIFE ("Trustor"1; Five Points 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 <br />BANK, whose address is 2015 N. Broadwell Ave., Grand Island, NE 68803 (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 irrigatipn rightsl; and all other rights, royalties, and profits relatin to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") locate in HALL <br />County, State of Nebraska: <br />LOT ONE 111, JENSEN SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 4'16 W 3RD ST, GRAND ISLAND, NE 6880'1. The <br />Real Property tax iden#ification number is 400004739. <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, ar 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 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 ar 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 />FUTURE ADVANCES. In addition to the Nnte, 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 SSO,000.pp. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustnr'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 />THI$ DEED OF TRUST, INCLUDING TWE A551GNMENT OF RENTS AND THE SECURITY INTEREST IN TWE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) 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 />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 />POSSESSION AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be <br />