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�� <br />� <br />� <br />� <br />� - <br />� <br />� � <br />p r�r"' <br />� �� <br />� <br />� � <br />� <br />� <br />� <br />�.. <br />� <br />M <br />C <br />=nN <br />�N" <br />T� _ <br />�v <br />� <br />�--• <br />x � �, `� <br />n+ t� �� � "� <br />n � �, <br />� �, �'� � � <br />�,�- � <br />� � <br />o � " <br />rn A -..� <br />r C� � <br />v` cn <br />N <br />N <br />C1"1 <br />� � <br />a —� <br />C A <br />� --�, <br />-� � <br />�� <br />o � <br />� -:. <br />� rr� <br />3� CS7 <br />� � <br />r' a <br />� <br />� <br />A <br />� � <br />Fi� <br />en <br />�ri <br />� <br />C7 <br />f� � c� <br />,,_.,► � <br />� � <br />� � <br />co � <br />� �� <br />Ca � <br />C7 Z <br />O <br />WHEN R�CORDED MAIL TO: <br />Five Points Bank <br />North Branch <br />2015 North Broadwell <br />Grand Island NE 68 FOR RECOR�ER'S U E ONLV <br />FivE PoiNrS �anix � <br />� <br />�� <br />CONSTRUCTION DE�D OF TRUST <br />THIS DE�D OF TRUST IS A CONSTRUCTIQN SECURITY AGREEMEN7 <br />WITHIN THE M�ANING OF THE NEBRASKA CONSTRUCTION LIEN ACT <br />MAXIMUM LIEN. The lien of this Dead af Trust shall not exceed a# any ane time 5200,000.00. <br />THIS DEED OF TRUST is dated December 96, 2U10, among STAROSTKA GROUP UNLIMITED INC, A <br />NEBRASKA CORPOA710N and HASTINGS VENTURES, LLC, A NEBRASKA LIMITED LIABILITY COMPANY <br />("Trustor"); Five Points Bank, whose address is North Branch, 2015 North Broadwell, Grand Island, NE 6$$03 <br />(referred to helow sometimes as "Lender" r�nd sometimes as "Beneficiary"1; and Five Points Bank, whose <br />address is P.O Box 1507, Grand Island, NE 6$802-'1507 (referred to below as "Trustee"). <br />CONVEYANC� AND GRANT. For valuable cansideration, 7rustor conveys to Trustee in trust, WITH PpWER 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 arected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtanances; all water, water <br />rights and ditch rights (including stock in utilities with ditch or irrigatian rightsl; and all other rights, royalties, and profits relatin to the real <br />property, including withauf limitation all minerals, oil, gas, geothermal and similar matters, (the "Real PI'operty'") locate� In HALL <br />County, State af Nebraska: <br />LOT ONE (1►, BLOCK 7W0 1�►, WOODLAND PARK TENTH SUBDIVISION, CITY OF GRAND ISLAND, HALL <br />COUNTY, NEB�iASKA <br />7he Real Property or its address is commonly known as 4161 VERMONT AVE, GRAND ISLAND, NE 6$803. <br />CRpSS-COLLATERALIZATION. In addition to the Noie, this Deed of Trust secures all obligations, debts and liabilities, plus interest <br />thereon, of either Trustor or Bprrower ta Lender, or any one or more of them, as well as all claims by Lender against Borrower and 7rustor <br />or any one ar more of them, whether now existing or hareafter arising, whether releted or unrelstad ta the purpose af the Note, whether <br />voluntary pr otherwise, whether due or not due, direct or indirect, determined or undetermined, absolute or contingent, liquidated or <br />unliquideted, whether Bprrower or Trustor may be liable individually or jointly with others, whether obligated ss guaranior, surety, <br />accommodation party or otherwise, and whether recovery upon such amounts may be or hereafter maK become barred by any statute of <br />limitations, and whether tha;obligation to repay such amounts may be or hereafter may become otherwise unenforcea6le. <br />FUTURE A�VANCES. 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 advences 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) excaed in the aggregate 5200,00�.00. <br />Trustor presently assigns tn Lender (also known as Beneficiary in this Deed 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 trom the Property. In additian, Trustor grants to Lender a Uniform Commercial <br />Code security interest in the Personal Property and Rents. <br />THIS D�Ep OF TRUST, INCLUDING THE ASSIGNIIAENT OF RENTS AND THE SECUFi17Y INTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN 7p SECUR� (A) PAYMENT OF THE INDEBTEpNE5S AND (B) PERFORMANCE QF ANY AND ALL OBLIGATIONS <br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF <br />RENTS AND THE SECURITY INTEREST IN TWE RENTS AND PERSONAL PRpPERTY, IS ALSO GIVEN TO SECURE ANY ANb ALL OF <br />BORROWER'S OBLIGATIONS UNDER THA7 CERTAIN CONSTRUCTION LQAN AGREEMENT BETWEEN BORROWER AN� LENDER pP EVEN <br />