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<br />WHEN RECORDED MAIL TO: ' L ~ ~ ~ ~
<br />Five Points Bank ~a ~~ ~~r0 7 'T
<br />North Branch
<br />2075 North Broadwell ~~~4y
<br />Grand Isl~n~ NE__6$803 _...._.__..._.___ .. FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />DEED ~F TRUST
<br />MAXIMUM LIEN. The lien of this D®ed of Trust shall not exceed at any one time $75,000.40.
<br />THIS DEED OF TRUST is dated May 7, 2010, among KENNETH L FAIRBANKS and DEBRA FAIRBANKS;
<br />HUSBAND AND WIFE ("Trustor"); Five Paints Bank, whose address is North Branch, 2015 North Broadw®II,
<br />Grand Island, NE 6$803 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"1; and FIVE
<br />POINTS BANK, whose address is 2015 N. BROADWELL AVE., GRAND ISLAND, NE 68803 (referred to below
<br />as "Trustee").
<br />CONVEYANCE AND GRANT. Far 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 ether rights, royalties, and profits relating to the real
<br />property, including without limitation all minerals, oil, gas, geothermal ahd similar matters, (th9 "Real Property") located in HALL
<br />County, State of Nebraska:
<br />PARCEL A: LOTS ELEVEN (11) AND TWELVE (12), BLOCK SIXTEEN 116), WOOD RIVER VILLAGE, WOOD
<br />RIVER, HALL COUNTY, NEBRASKA
<br />PARCEL B: LOTS TEN (10), ELEVEN (11) AND TWELVE (12), BLOCK TWENTY-TWO 1221, WOOD RIVER
<br />VILLAGE, WOOD RIVER, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as TWO COMMERCIAL BUILDINGS, WOOD RIVER, NE
<br />68$83. The Real Property tax identification number.. is 400176769 AND 400176173.
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, pf either Trustor or Borrower to Lender, or any one or more of them, as well as all claims by Lender against Borrower and Trustor
<br />or any one or more of them, whether new existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether
<br />voluntary or otherwise, whether due pr net due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or
<br />unliquidated, whether Borrower or Truster may be liable individually or jointly with others, whether obligated as guarantpr, surety,
<br />accommodation party or otherwise, and whether recpvery upon such amounts may be pr hereafter may become barred by any statute pf
<br />limitations, and whether the obligation to repay such amounts may be or hereafter may became otherwise unenforceable.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed pf 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 Cpmmercial
<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 Tp SECURE (A1 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 IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Truster warrants that: lal this Deed of Trust is executed at Borrower's request and
<br />not at the request of Lender; (bl Trustor has the full power, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />Property; Ic) the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or other instrument
<br />binding upon Trustor and do not result in a violation of any law, regulatipn, court decree or order applicable to Trustor; (dl Trustor has
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