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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />South Branch ~~ ~~ /5A7 ~~ 5~
<br />3111 W. Stoney Pk. Rd.
<br />Grand Island, NE 688Q'I. la~6'da~, FOR RECORDER'S USE ONLY
<br />FIVE POINTS BANK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time $20,060.50.
<br />THIS DEED OF TRUST is dated August 27, 2010, among JACK E RASMUSSEN; A MARRIED PERSON
<br />("Trustor"-; Five Paints Bank, whose address is South Branch, 3171 W. S#olley Pk. Rd., Grand Island, NE
<br />68801 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and Five Points Bank,
<br />whose address is P.0 Box 1507, Grand Island, NE 6$802-1507 (referred to below 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 9eneficiary, 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 other rights, royalties, and profits relatin to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (thB "Real Property"') IpCate~ in HALL
<br />County, State of Nebraska:
<br />AN UNDIVIDED ONE-SIXTH 11/61 INTEREST IN THE WESTERLY ONE HUNDRED FORTY FEET IW 140') OF
<br />LOT ONE 171 IN WOODLAND THIRD SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND,
<br />NEBRASKA EXCEPTING THEREFROM A TRACT OF LAND MORE PARTICULARLY DESCRIBED IN DEED
<br />RECORDED IN THE REGISTER OF DEEDS OFFICE IN THE RECORDS AS DOCUMENT 0200007249 ON
<br />SEPTEMBER 5, 2000.
<br />The Real Property or its address is commonly known as 2840 S LOCUST, 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 either Trustor nr 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 now existing or hereafter arising, whether related or unrelated to the purpose of the Note, whether
<br />voluntary or otherwise, whether due ar not due, direct or indirect, determined or undetermined, absolute ar contingent, liquidated or
<br />unliquidated, whether Borrower or Trustor may be liable individually or jointly with others, whether obligated as guarantor, surety,
<br />accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay 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 Borrower or Trustor
<br />whether or not the advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition
<br />to the amounts specified in the Note, all future amounts Lender in its discretion may loan to Borrower or Trustor, together with all interest
<br />thereon; however, in no event shall such future advances (excluding interest) exceed in the aggregate 520,000.00.
<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 />Gade security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE A551GNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN Tp SECURE (A) PAYMENT OF THE INDE6TEDNESS AND (B) PERFORMANGE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. TH15 DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: la- this Deed of Trust is executed at Borrower's request and
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