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~~ <br />~~ <br />N ~ <br />~ - <br />~ ~~ <br />~~ <br />.nr~~ <br />...w.~ <br />b <br />r <br />~ n~ <br />Z ~ <br />=~v <br />n ~ `n <br />~ ~ <br />O <br />O <br /> <br /> <br />~ ~; <br />° <br />. ,-, ~ ~ <br /> <br /> t~ <br /> ~, <br /> ~, <br />~ ~' <br />nr <br /> 'Zf ~ <br />zw co <br />~ ~ ~~ <br /> ~ ~ <br /> w ~ <br /> <br /> ~ ~~ <br />WHEN RECORDED MAIL TO: ~ ~ <br />Five Points Bank <br />South Branch <br />37 71 W. Stollsy Pk. Rd. <br />Grand Island, NE 68801 _._._ _... FOR RECORDER'S USE ONLY <br />r.~.' o..,.T~ o..,,. <br />m <br />z <br />~~ <br />rv m <br />c~ <br />~_~ <br />c~ ~ <br />~~ <br />~., c <br />c~ <br />~ Z <br />O <br />rive rvnv~J ow~vrt <br />c <br />0 <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 560,000.00. <br />THIS DEED OF TRUST is dated February 16, 2010, among LEE MEENTS; A SINGLE PERSON ("Trustor"); Five <br />Points Bank, whose address is South Branch, 3111 W. Stollsy Pk. Rd., Grand Island, NE 68801 (referred to <br />below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P,O <br />Box 1507, Grand Island, NE 68802-1507 (referred to below as "Trustee"). <br />CDNVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of <br />Lander 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 />County, State of Nebraska: <br />LOT TWELVE (12) AND THE WEST HALF OF LOT ELEVEN (11) IN REUTING'S THIRD SUBDIVISION IN THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The Real Property or its address is commonly known as 3946 REUTING RD, GRAND ISLAND, NE 68801. <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 nr 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 or 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 Note, this peed of Trust secures all future advances made by Lender to Trustor whether nr 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 />avant shall such future advances (excluding interest) exceed in the aggregate 560,000.00. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustar'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 DF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS <br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED DF TRUST IS GIVEN AND ACCEPTED pN THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amcunts 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 />