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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Island NE 68803 FOR RE ORDER' E NLY
<br />FIVE PAINTS B~4NK
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<br />CONSTRUCTION DEED.OF TRUST
<br />THIS DEED OF TRUST.IS A CONSTRUCTION SECURITY AGREEMENT
<br />"° WITH11'It'THI< MEANING OF THE NEBRASKA CONSTRUCTION LIEN ACT ' - ' ~'
<br />MAXII~IIIJM LIEN. The lien- of this Deed of Trust shall not exceed at any one time X270-,000:00; -°
<br />THIS DEED OF TRUST is dated March 22, 2010, among JIM L BUCK; A SINGLE PERSON and. LINDA L BUCK;
<br />A SINGLE. PERSON. ("Trustor"); Five Poin#s Bank, whose address is North Branch; 2015 .North Broadwell,
<br />Grand Island, NE 68803 (referred to below sometimes as "Lender'" and sometimes as "Beneficiary"); and :FIVE
<br />POINTS BANK, whose address is 2015 N..BROADWELL AVE, GRAND ISLAND, NE fi$$03 (referred ta...bel,ow
<br />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 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 stack in utilities with ditch or irrigation rightsl; and all other rights, royalties, and profits ralatin to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the °Real Property°) IacatB~ in HALL
<br />County, State of Nebraska:
<br />LOT NINE 19), AMERICAN INDEPENDENCE SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 1422 INDEPENDENCE AVE, GRAND ISLAND, NE
<br />68803. The Real .Prop®rty tax identification number is 400417995.
<br />CROSS-COLLATERALI2ATION. 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 Nate, 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 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 heed 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 5270,000.00.
<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 OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND IB) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF
<br />RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, 15 ALSO GIVEN TO SECURE ANY AND ALL OF
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