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<br />WHEN RECORDED MAIL TO:
<br />Five Poirrts Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />Grend Island, NE 68803 FOR RECORDER'S USE ONLY
<br />�r� P���� �,an�� d�5�
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated May 5, 2011, among KAY M STRONG PRATHER, F/I(/A KAY M STRONG, A
<br />MARRIED WOMAN and CARL E PRATHER, HER HUSBAND ("Trustor"); Five Points Bank, whose address is
<br />West Branch, 2009 N. Dier� Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and
<br />sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand island, NE
<br />68802-1507 (referred to below as "Trustee").
<br />CONVEYANCE AND GRAIUT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneflciary, all 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 rightsl; and all other rights, royalties, and profits relating to the real
<br />property, including without limitation all minerais, oil, gas, geothermal and similar matters, (the ° Re81 Pt'Operty located in HALL
<br />County, State of Nebraska:
<br />Lot Twenty-eight (28), Eaglewood Acres Subdivision in Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 656 SWAN LN, GRAND ISLAND, IVE 68801-8629.
<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 edvances to Borrower so long as Borrower complies with all the terms of the Credit Agreemerrt. Such advances
<br />may be made, repaid, and remade from time to time, subject to the limitation that the total outstanding balance owing at any one time, not
<br />Including flnance cherges on such balance at a fiued or variable rate or sum as provided in the Credit Agreemerrt, any temporary overages,
<br />other charges, and any amouM�s expended or advanced as provided In this paregraph, shall not exceed the Credit Limit as provided In the
<br />Credtt Agreemerrt. It is the intention of Trustor and Lender that this Deed of Trust secures the balance outstanding under the Credit
<br />Agreemerrt from time to time from zero up to the Credit LimFe es provided in 4h� Credit Agreeess�n4 and �ny irrtermediate balance:
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, end interest in end 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 />Code security interest in the Personal Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING 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 (B) PERFORMANCE OF EACH OF TRUSTOR'S
<br />AGREEMENTS AND OBLIGATIONS UNDER THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />TRUSTOR'S WAIVERS. 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, including a claim for deficiency to the extent Lender is otherwise
<br />entitled to a claim for deficiency, before or after Lender's commencement or compietion 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 Trust, Borrower shall pay to Lender all Indebtedness
<br />secured by this Deed of Trust as it becomes due, and Borrower and Trustor shall perform all their respective obligations under the Credit
<br />Agreement, this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Trustor agree that Borrower's and Trustor's possession and use of
<br />the Property shall be governed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Trustor may (1) remain in possession and control of the Property;
<br />
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