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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North 8roadwell
<br />Grand Islan NE $03 FOR RECORDER'S USE ONLY
<br />FIVE PD►NTS BANK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien �f #his Deed of Trust shall not exceed at any one time $150,000.00.
<br />THIS D�ED OF TRUST is dated December 23, 2010, among STEVEN J GLAUSE and BECKIE GLAUSE;
<br />WUSBAND AND WIFE ("'7rustor"'); Five Points Bank, whose address is North Branch, 2095 North Broadwell,
<br />Grand Island, NE 68803 (referred to below sometimes as "Lender" and sametimes as "Beneficiary"); and Five
<br />Points Bank, whose address is P.O Box 9507, Grand Island, NE 6$8p2-1507 (referred to below as "Trustee"'1.
<br />CONVEYANC� ANb GRANT. Far valuahle 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 praperty, 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 prnfits ralatin to the real
<br />property, including without limitation all minerals, oil, gas, geothermal and similar matters, (thB �� Real Property IOC�te in HALL
<br />County, State of Nebraska:
<br />LOT ONE (1►, RAVENWOOD SUBDIVISION, HALL COUN7Y, N�BRASKA
<br />The Real Property or its address is commonly known as 545 IVY HALL COURT, GRAND ISLAND, NE 68803.
<br />CR055-COLLATERALIZATION. In addition to the Note, this Deed of Trust sacures all obligations, debts and liabilities, plus interest
<br />theraon, of Trustor to Lender, or any one or more of them, as well as all claims 6y Lender against 7rustor or any one or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of the Note, 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 ar hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may becvme otherwise unenforceable.
<br />FUTURE A�VANCES. In addition to the Nate, 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 limitatinn, this Deed of 7rust 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 5150,000.00.
<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 />pressnt and future leases of the Property and all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security intarast in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNM�IV7 OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />pROP�RTY. IS GIVEN TO SECURE (A) PAYMENT OF 7HE INDEBT�pNE55 AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATEb bOCUMENTS, AND THIS UEED QF 7RUST. THIS DEED OF TRUST IS GIVEN AND ACCEP7Eb pN THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFQRMANCE. Except as otherwise provided in this Deed ofi 7rust, Trustor shall pay to Lender all amounts secured by
<br />this Deed of Trust as they become 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 QF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be
<br />governed 6y the following provisions:
<br />
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