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<br />WHEN RECORDED MAIL TO:
<br />Five Poirrts Bank
<br />West Branch
<br />2009 N. Diers Ave.
<br />�rartd Island, NE 688Q3 FOR RECORDER'S USE ONLY �
<br />F►VE P011VTS BANK y G d�
<br />DEED OF TRUST
<br />MAXIMUM LIEIV. The lien of this Deed of Trust shall not exceed at any one time 550,000.00.
<br />THIS DEED OF TRUST is dated June 17. 2071, among DT HOMES LLC, whose address is 706 W OKLAHOMA
<br />AVE, GRAND ISLAND, NE 68801-6753 ("Trustor"?; Five Points Bank, whose �ddress is West Branch, 2009
<br />N. Diers Ave., Grand Island, NE 68803 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and Five Points Bank, whose address is P.O Box 1507, Grand Island, NE 68802-1507 (referred
<br />to below as "Trustee").
<br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, W(TH POWER OF SALE, for the beneftt of
<br />Lender as Beneficiary, al! ot 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 fi�cturea; all easements, rights of way, and appurtenances; all water, water
<br />rights and ditch rights (including stock in utifities with ditch or irrigation rights►; and all other rights, royalties, and profits relating to the real
<br />properry including without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property") located in HALL
<br />County, State of Nebraska:
<br />Fractional Lot Three (3), in Fractional Block One Hudnred Sixteen ( 716), Railroad Addition, and its
<br />complement, Fractional Lot Three (3), in Fractional Block One Hundred Sixteen (1161, Koenig and Wiebe's
<br />Addition, both being Additions to the City of Grand Island, Nebraska.
<br />The Real Property or its �ddress is commonly known as 815 W. 1 ST ST., GRAND ISLAND, NE 68801. The
<br />Real Property ta�c identification number is 400081741.
<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 atl
<br />present and future leases of the Property and aii Rents from the Property. In addition, Trustor grants to Lender a Uniform Commercial
<br />Code security interest in the Personai Property and Rents.
<br />THIS DEED OF TRUST, INCLUDING THE ASSIGNMENT OF RENTS AWD THE SECURITY INTEREST !N THE RENTS AND PERSONAL
<br />PROPERTY, IS GIVEIV TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. 7HIS 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; (b) Trustor has the full 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 conffict with, or resuft in a defauit under any egreement 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 finencial condition; and (e)
<br />Lender has made no representation to Trustor about Borrower (including without limitation the creditworthiness of Borrower).
<br />THUSTOR'S WAIVERS. Trustor waives all rights or defenses arising by reason of any "one action" or "anti-deficiency" law, or any other
<br />lew 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 cleim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by
<br />exercise of a power of sale.
<br />PAYMENT AND PERFORMAIIICE. Except as otharwisa provided in ihis 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 shali perForm all their respective obligations under the Note,
<br />
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