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<br />WHEN RECORDED AIL TO: ��%1a� �
<br />Five Poirns Bank ��'^/ �py
<br />South Branch
<br />3117 W. Stolley Pk. Rd.
<br />Grand Island. NE 68801 FOR RECORDER'S USE ONLY �� ��
<br />FtvE PD►►urS B�uvK
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated November 14, 2011, among CHARLES D BOSSELMAN JR end
<br />LAURA L BOSSELMAN; HUSBAND AND WIFE ("Trustor"); Five Points Benk, whose address is
<br />South Branch, 3111 W. Stolley Pk. Rd., Grand Island, NE 68801 (referred to below sometimes
<br />as "Lender" and sometimes as "Beneficiary"); and Five Points Bank, whose address is P.O Box
<br />9 507, Grand Island, NE 68802-1507 (referred to below as "Trustee"1.
<br />CONVEYANCE AND GRANT. For valuable consideratlon, Trustor conveys to Trustee ln trust, WITH POWER OF SALE,
<br />for the benefit of Lender as Beneflciary, all of Trustor's right, title, end interest in and to the following described real
<br />property, together with all existing or subsequently erected or affixed buildings, improvements and fixtures; ell
<br />easements, rights of way, and appurtenences; ell water, weter rights and ditch rights (including stock in utilities with
<br />ditch or irrigetion rightsl; and all other rights, royalties, and profits relating to the real pro�erty, including without
<br />limitation all minerals, oil, gas, geothermal and similar metters, (the "Real Property 1 IOCeted 'In HALL
<br />County, State of Nebraska:
<br />LOT FIVE (51, BLOCK ONE (1►, PONDEROSA LAKE ESTATES FOURTH SUBDIVISION, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The Real Property or its address is commonly known as 308 PONDEROSA DR, GRAND
<br />ISLAND, NE 68803-9648.
<br />REVOLVING LINE OF CREDIT. This Deed of Trust secures the Indebtedness including, without limitetion, a revolving
<br />line of credit, which obligates Lender to make advances to Trustor so long as Trustor complies with all the terms of the
<br />Credit Agreement. Such advances may be made, repaid, and remede from time to time, subJect to the limkation that
<br />the total outstandine balance owing at eny one time, not including flnance charges on such balence at a flxed or
<br />varlable rate or sum as provided in the Credit Agreement, any temporery overages, other charges, and any emounts
<br />expended or advanced as provided in this paragreph, shell not exceed the Credit Limit as provided in the Credit
<br />Agreement. It is the irrtention of Trustor and Lender that thls Deed of Trust secures the balance outstanding under the
<br />Credit Agreement from time to tlme from zero up to the Credit Limit as provided in the Credit Agreement and any
<br />irnermediate balance.
<br />Trustor presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and
<br />interest in and to all present and future leases of the Properry and all Rents from the Property. In addition, Trustor
<br />grants to Lender a Unifarm Commercial 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
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
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