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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2075 North Broadweil
<br />r n Island N� 68803 FOR RE ORDER'S U E ONI.Y
<br />F�VE PQINTS B�WWK �
<br />�
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<br />CONSTRUCTION DEED OF TRUST
<br />THIS DE�D OF TRUST IS A CONSTRUCTION SECURITY AGREEMEN7
<br />WITMIN THE MEANING OF THE N�BRASKA CONSTRUCTION LIEN ACT
<br />MAXIMUM LIEIV. The lien of this Deed of Trust shall nat exceed at any one time $200,000.00.
<br />THIS DEED OF TRUST is dated December 16, 2010, amang STAROSTKA HOMES, INC., A NEBRASKA
<br />CORPORATION and HASTINGS V�NTURES, LLC, A NEBRASKA I.IMITED LIABILITY COMPANY ("Trustar");
<br />Five Points �ank, whase address is North Branch, 2Q15 North Broadwell, Grand Island, NE 68803 (refarred to
<br />below sometimes as "l.ender" and sometimes as "Beneficiary"►; and Five Points Bank, whnse address is P.Q
<br />Bax 9 507, Grand Island, NE 68802-1507 (referrad to below as "Trustee"►.
<br />CONVEYpNCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER pF SALE, for the benefit of
<br />Lendar as Beneticiary, all of Trustor's right, title, and interest in and to the following described real prpperty, tagether with all existing or
<br />subsequantly erected or affixed buildings, improvements and fixtures; all easements, rights of way, end 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, geathermal and similar matters, (the "Real Property" located in HAI�L
<br />Caunty, State of Nebraska:
<br />LOT ONE (11, BLOCK ONE (9►, WOODLAND PARK 7EN7H SUBDIVISION, IN TME CITY OF GRAND ISLAND,
<br />HALL COUN7Y, NEBRASKA
<br />The Real Property or its address is commonly known as 4162 VERMONT AVE, GRAND ISLAND, NE 68803.
<br />CROSS�COLLATERALIZATIpN. In addition to the Note, this Deed of Trust secures all obligations, debts and liabilities, plus interest
<br />thereon, of either Trustor or 8orrnwer #a Lender, or any one or more of them, es 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 or not due, direct or indirect, determined or undetermined, absalute or contingent, liquidated or
<br />unliquidatad, whether Borrower or Trusfor may be liable individually or jointly with others, whether obligated as guarantor, surety,
<br />accommodativn party or otherwise, and whether recovery upon such amounts may 6e or hereafter may become barred by any statute of
<br />limitations, and whether the obligation to repay such amounts may be ar 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 advancas are made pursuant to a commitment. Spscifically, without limitation, this Deed of Trust secures, in addition
<br />to the amounts specified in the Note, all future amounts Lender in its discretian may loan to 8orrower or Trustor, together with all interest
<br />thareon; however, in no event shall such future advances (excluding interest) exceed in the aggregate 52pQ,000.00.
<br />Trustor presently essigns ta Lender (also known as Beneficiary in this beed 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 />Cvde security interest in the Personal Property and Rents.
<br />THIS DEEp OF TRUST, INCLUDING THE ASSIGNMEN7' OF RENTS AND THE SECURITY INT�REST IN THE R@NT5 AND PERSONAL
<br />PROPERI"Y, 15 GIVEN TO SECURE (A) PAYMENT QF 7HE INpEBTEDNESS AND (B) P�RFORMANCE QF ANY ANp ALI. OBLIGATIONS
<br />UNDEfl THE NOTE, 7HE RELATEP POCUMENTS, AND THIS DEED QF TRUST. THIS DEED OF TRUST, INCLUDING THE ASSIGNIVIENT OF
<br />RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS ALSO GIVEN TO SECURE ANY AND ALL QF
<br />BORROWER'S OBLIGA71qNS UNbER 7MAT CERTAIN CONSTRUCTION LOAN AGRE�MENT BETWEEN BORROWER AND LENDER OF EVEN
<br />
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