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<br />WHEN RECORDED MAIL TO:
<br />Five Points Bank
<br />North Branch
<br />2015 North Broadwell
<br />Grand Is(and NE 68803 FOR RECORDER'S USE ONLY
<br />F�1/E' I�O�IV1'� �ANK
<br />�
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<br />DEED OF TRUST
<br />MAXIMUM LIEN. The lien of this Deed of Trust shall not exceed at any one time 5700,000.00.
<br />THIS DEED OF TRUST is dated June 24, 2017, among DOUGLAS D AXFORD, A MARRIED PERSON and
<br />DIANE L AXFQRD, HIS SPOUSE ("Trustor"); Five Points Bank, whose address is North Branch, 2015 North
<br />Broadwell, 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 Trustea in trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following describad real property, together with all existing or
<br />subsequently erected or aftixed buildings, improvements and fixtures; all easements, rights of wey, and appurtenances; all water, weter
<br />rights and ditch rights (including stock in utilities with ditch or irrigation rights); end all other rights, royalties, and protits relatin to the real
<br />property, including without (imitation all minerals, oil, gas, geothermal and similar matters, (th@ ° Real Property IoCete in HALL
<br />County, State of Nebraska:
<br />LOT THREE (3) D R D SUBDIVISION, CITY OF GRAIIID ISLAND, HALL COUNTY, NEBRASKA
<br />The Real Property or its address is commonly known as 115 NORTH WEBB ROAD, GRAND ISLAND, NE
<br />68803.
<br />CROSS-COLLATERALIZATION. In addition to the Note, this Deed of Trust secures all obligations, debts and liebilities, plus interest
<br />thereon, of Trustor to Lender, or any one or more of them, as well as a!I cla3ms by Lender against Trustor or any one or more of them,
<br />whether now existing or hereafter arising, whether related or unrelated to the purpose of tha Note, whether voluntery or otherwise,
<br />whether due or not due, direct or indirect, determined or undetermined, abso(ute or contingent, liquidated or unliquidated, whether Trustor
<br />may be liable individually or jointly with others, whether obligated as guarantor, surety, accommodation party or otherwise, and whether
<br />recovery upon such amounts may be or hereafter may become barred by any statute of limitations, and whether the obligation to repay
<br />such amounts may be or hereafter may bacome otherwisa unenforceable.
<br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures ell future advances made by Lender to Trustor whether or not khe
<br />advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts
<br />specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest tF�ereon; however, in no
<br />event shall such future advences (excluding interest) exceed in the aggregate S700,000.00.
<br />Trustor presently essigns to Lender (also known as Beneficiary in this Deed ot 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, T�ustor 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 Ild THE RENTS AND PERSONAL
<br />PROPERTY, IS GIYEN TO SECURE iA) PAYMENT OF THE INDEBTEDNESS A11lD (B) PERFORMANCE OF ANY AND ALL OBLIGATIONS
<br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE
<br />FOLLOWING TERMS:
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shalt pay to Lender all amounts secured by
<br />this Deed of Trust ss they become due, and shal! strictly and in a timely manner perform all of Trustor's obligations under the Note, this
<br />Deed of Trust, and the Related Documents.
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