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<br />WHEN RECORDED MAIL TO: 0
<br />Five Points Bank ~Q ~~ ~S p. y ~` O
<br />West Branch
<br />2009 N. Diers Ave. ~,gn
<br />Grand Island NE 6SB99-•- ~ FOR RECORDER'S USE ONLY
<br />FIVE POINTS ~IAIVK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 5800,000.00.
<br />THIS DEED OF TRUST is dated February 25, 2010, among LARRY J KNUTH and KAREN L KNUTH, whose
<br />address is 3554 W WILDWOOD DR, GRAND ISLAND, NE 68803-9615 ("Trustor"1; Five Points Bank, whose
<br />address is West Branch, 2009 N. Diers Ave., Grand Island, NE 6$803 (referred to below sometimes as
<br />"Lender" and sometimes as ""Beneficiary"1; and Five Points Bank, whose address is P.O Box 1507, Grand
<br />Island, NE 68802-1507 (referred to below as "Trustee").
<br />CONVEYANGE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the fallowing described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rightsl; and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") IpCated in HALL
<br />County, State of Nebraska:
<br />Parcel 1: The West Half of the Northeast Quarter (W1/2NE1/4) and the West Half of the Southeast Quarter
<br />(W1/2SE1/4) of Section One (1), Township Ten (10) North, Range Ten (101, West of the 6th P.M., in Hall
<br />County, Nebraska, excepting therefrom tracts of land more particularly described in Return of Appraisers
<br />recorded in Book 9, Page 67; Warranty Deed recorded as Document No. 99102831; and Return of
<br />Appraisers recorded as Instrument No. 20020423$; and also except Knuth Subdivision recorded March 26,
<br />2009, as Instrument #200902169 records of Hall County, Nebraska. Parcel 2: The Northwest Quarter
<br />of the Northeast auarter (NW7/4NE1/4) of Section 12, Township 10 North, Range Ten (101, West of the
<br />6th P.M., in Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 3554 W WILDWOOD DR, GRAND ISLAND, NE
<br />68803-9615.
<br />CR055-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 ono or more of them, as well as all claims by Lender against Trustor or any one or more of them,
<br />whether now existing pr 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 ar 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 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 5800,000.00.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trustl 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
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