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<br />WHEN RECORDED MAIL TO:
<br />Five Points Ba�� Q � 7 ��� �
<br />Downtown a
<br />518 N Eddy
<br />Grand Island NE 68801 FOR RECORDER'S USE ONLY
<br />FivE PorNrs I�nrK
<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not excesd at any one time 580,110.50.
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<br />THiS DEED QF TRUST is dated March 11, 2011, among ARNOLD WENN, and LlNDA C WENN, HUSBAND
<br />AND WIFE. ("Trustor"); Five Points Bank, whose address is Downtown, 518 N Eddy , Grand Island, NE 68801
<br />(referred to below sometimes as "Lender" and sometimes as "Beneficiary"1; and Five Points Bank, whose
<br />address is P.O Box 1507, Grand Island, NE 68802-1507 (referred to betow 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 Beneficiary, al� 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 rightsi; and ali other rights, royalties, and profits relating to the real
<br />property, including without limitation ail minerals, oil, gas, geothermal and similar matters, (the "Real Property") IoCated in HALL
<br />County, State of Nebraska:
<br />LOT EIGHTEEN (18), IN BLOCK TWENTY-FIVE (25), IN COLLEGE ADDITION TO WEST LAWN IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 2105 N HUSTON , GRAND ISLAND , NE 68801.
<br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitation, a revolving line of credit, which
<br />obligates Lender to make advances to Borrower so long as Borrower complies with all the terms of the Note.
<br />Trustor presentiy assigns to Lender lalso known as Beneficiary in this Deed of Trust) all pf Trustor's right, title, and interest in and to all
<br />present and future leases of the Property a�d all Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCIUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND fBl PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOGUMENTS, AND THIS DEED OF TRUST. THIS 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; Ib) Trustor has the fuli power, right, and authority to enter into this Deed of Trust and to hypothecate the
<br />Property; (c) the provisions of this Deed of Trust do not conflict with, or result in a default under any agreement or 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 Borrower on a continuing basis information about Borrower's financial condition; and (e)
<br />Lender has made no representation to Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />TRUSTOR'S WAlVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other
<br />law which may prevent Lender from bringing any action against Trustor, inciuding a claim for deficiency to the extent Lender is otherwise
<br />entitled to a claim for deficiency, before or after l.ender's commencement or completion of any foreclosure action, either judicially or by
<br />exercise of a power of sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of T�ust, Borrower shall pay to Lender all Indebtedness
<br />secured by this Deetl of Trust as it becomes due, and Borrower and Trustor shall perform all their respective obligations under the Note,
<br />this Deed of Trust, and the Related Documents.
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