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<br />WH� RECORDED MAIL TO:
<br />Five Points Bank �
<br />Downtown ��(.) • (�r�(. l$ n "y � � ,
<br />518 N Eddy ,
<br />Crrand Island. NE 88801 ���� 2 FpR RECORDER'S U$E Qf�lLY
<br />... . � � �, �.�
<br />FivE Po�Nrs B�wwK
<br />I�7=1��I�]��:��b"�W
<br />MAXIMUM LIEN. 7he lien af this Deed of 7rust shall not exceed at any one time S2QO,OQ0.00.
<br />THIS DEED OF TRUST is dated December 97, 2090, among GETO, LLC ("Trustor"); Five Points Bank, whose
<br />addrsss is Downtown, 518 N Eddy , Grand Island, NE 6$8p1 (referred to below sometimes as "Lender" and
<br />spmetimes as "Beneficiary"►; and (referred to below as "Trustee"►.
<br />CONVEYANCE AND GRANT. For valuable consideratiqn, Trustor conveys ta Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interast in and to tha following described real property, together with all existing or
<br />subsequently erected or affixed buildings, improvements and fixtures; all easements, rights pf way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); and ali other rights, royalties, and profits relatin to the real
<br />properry, including without limitation all minerals, oil, gas, geothermal and similar matters, (th9 ° Real Property I�C8t6 in HALL
<br />County, State of Nebraska:
<br />PARCEL 9: LOT TWO (2), B.D.S. SUBDIVISIQN, IN TME CITY OF GRAND ISLAND, HALL COUNTY,
<br />N�BRASKA PARCEL 2: LOT EIGHTEEN (181, REUTING'S FIRST SUBDIVISION, IN
<br />7HE CITY OF GRANI] ISLAND, HALL COUNTY, NEBRASKA AND ALL THAT PART OF VACATED CLAUD�
<br />DRIV� I.YING ADJACENT THERE`�O
<br />The Real Property or its address is commonly known as 1423 JOHNSTOWN ROAD, GRAND ISLAND , NE
<br />68803-5016.
<br />REYOLVING LINE OF CREDIT. This �eed of Trust secures the Indebtedness including, without limitatipn, a ravplving Iine of credit, which
<br />obligates l.ender to make advances tv Borrower sp tang as Barrowar camplies with sli the terms of the Note.
<br />Trustor presently assigns to Lender (also known as 9eneficiary in this peed af Trust) all of Trustor's right, title, and interest in and to all
<br />present and future leases of the Property and all Rents frqm the Prpperty. In additipn, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personal Property and Rents.
<br />THIS DEED pF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE R�N75 ANp PERSONAL
<br />PROPERTY, IS GIVEN TQ SECURE (A) PAYMENT OF THE INDEBTEDNE55 AND (B) PERFORMANCE OF ANY ANI7 All 08LIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS D�Ed OF TRUS7. 7HIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />TRUSTOR'S REPRESENTATIONS AND WARRANTIES. Trustor warrants that: (a) this Deed of Trust is executed at Borrower's request and
<br />not at the request of Lender; (b) Trustor has the full powar, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />Property; (c) the provisions of this Daed of Trust do not conflict with, or result in a default under any agreement ar other instrument
<br />binding upon Trustor and do not result in a violation of any law, regulation, court decree or order applicable to Trustor; (d) Trustor has
<br />established adequate means of obtaining from Borrpwer pn a eqniinuing besis information a6out Borrower's financial condition; and (e)
<br />Lander has made no reprssentation to Trustor about Borrower (including without limitation the creditworthinesa af 8vrrowerl.
<br />TRUSTpR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one actipn" or "anti-deficiency" law, or any other
<br />law which may prevent Lender from bringing any action against Trustor, including a claim for deficiency to the extent Lender is otharwise
<br />entitled to a claim for deficiency, before or after Lender's commencement or completion of any fpreclosure action, either judicially or by
<br />exercise of a power of sale.
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