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~~ <br />IV ~ <br />~~ <br />~ ~~ <br />~~~ <br />~ ~~ <br />O <br /> "~ m <br /> ~, ['1 , ;~ ea cn Z <br />1 ~ ~ ,~~ ~ 7Y <br /> ~ <br />~ <br />.-..1 ~ w <br />1 V <br /> <br /> <br /> <br /> <br />7~ = c? ~; z m z <br /> <br /> ' ~ <br /> h ~:a f " I~ G!l ~J <br /> t ~ ~~ <br />r ~ <br /> 0 4 ~ <br /> <br /> O ~ <br /> c o cn o - <br />-I <br /> u7 Z <br /> <br />WHEN RECORDED MAIL TO: "T~' ~ <br />Five Points Bank <br />North Branch ~-~~'Q~x X507 <br />2015 North Broadwell <br />Grand Island, NE 68803 __ ~a'~dd?' ___ _. __._ . FOR RECORDER'S USE ONLY <br />FIVE P101NfS SANK <br />DEED OF TRUST <br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $55,000.00. <br />THIS DEED OF TRUST is dated August 12, 2070, among LARRY FOWLE; A SINGLE PERSON 1"Trustor"); Five <br />Paints Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, NE 68803 (referred to <br />below sometimes as "Lender" and sometimes as ""Beneficiary"1; and FIVE POINTS BANK, whose address is <br />2015 N. BROADWELL AVE, GRAND ISLAND, NE 68803 (referred to below as "Trustee'"1. <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to 'Trustee in trust, WITW POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or <br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water <br />rights and ditch rights (including stock in utilities with ditch or irrigation rights; and all other rights, royalties, and profits relating to the real <br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL <br />County, State of Nebraska: <br />SUITE THIRTY-SIX (361, ANb GARAGE "V", IN "D" WINDSOR SQUARE CONDOMINIUM PROPERTY <br />REGIME, UNIT FOUR (4-, LOT TWO (21, BLOCK EIGHT 1$), REPEAT OF CONTINENTAL GARDENS, AN <br />ADDITION TO TWE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The Real Property or its address is commonly known as 3027 W CAPITAL AVE STE 36, GRAND ISLAND, NE <br />68803-1811. <br />FUTURE ADVANCES. In addition to the Note, this Deed 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 therecn; however, in no <br />event shall such future ,advances (excluding interest) exceed in the aggregate 555,000.00. <br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of 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 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 IA1 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 />PAYMENT AND PERFORMANCE. Except as otherwise provided in this bead of Trust, Trustor shall pay to Lender all amounts secured by <br />this Deed of Trust as they became 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 />governed by the following provisions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustor may 11) remain in possession and control of the Property; <br />12- use, operate or manage the Property; and (3) collect the Rents from the Property. <br />Duty to Maintain. Trustor shall maintain the Property in goad cpnditipn and promptly perform all repairs, replacements, and <br />