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WHEN RECORDED D MA ILL TO: 200300607
<br />Five Points Bank
<br />Downtown
<br />370 N. Walnut
<br />Grand Island. NE 69901 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated Dencembeto$6,I2002, among TRINIDAD J AGUILAR and BONNIE J AGUILAR;
<br />Husband and Wife and d BONNIE J AGUILAR, Trustees of the ALJR TRUST under the
<br />Trust Agreement dated April 16, 1998 ( "Truster" ); Five Points Bank, whose address is Downtown, 370 N.
<br />Walnut, Grand Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Truster conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Truster's right, file, 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 rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, includingg
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located In HALL County, State Of
<br />Nebraska:
<br />Fractional Lot Seven (7), in Fractional Block One Hundred Nineteen (119), Railroad Addition, and its
<br />complement, to wit: Fractional Lot 7 in Fractional Block Eleven (11) in Arnold & Abbott's Addition both
<br />being additions to the City of Grand Island, Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 910 W 3RD ST, GRAND ISLAND, NE 68801,
<br />REVOLVING LINE OF CREDIT. Specifically, without limitation, this Deed of Trust secures a revolving line of credit, which obligates
<br />Lender to make advances to Borrower s i long as Borrower complies with all the terms of the Credit Agreement. Such advances may be
<br />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 finance charges on such balance at a fixed or variable rate or sum as provided in the Credit Agreement, any temporary
<br />overages, other charges, and any amounts expended or advanced as provided In this paragraph, shall not exceed the Credit Limit as
<br />provided in the Credit Agreement. It Is the intention of Truster and Lender that this Deed of Trust secures the balance outstanding
<br />under the Credit Agreement from time to time from zero up to the Credit Limit as provided in this Dead of Trust and any intermediate
<br />balance.
<br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present
<br />and future leases of the Property and all Rents from the Property. In addition, Truster grants to Lender a Uniform Commercial Code security
<br />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 />TRUSTORB WAIVERS. Truster waives all rights or defenses arising by reason of any action" or "antl- deflciefi law, or any other law
<br />which may prevent Lender from bringing any action against Truster, including a claim for deficiency to the extent Lender is otherwise entitled to a
<br />claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of
<br />sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Dead of Trust, Borrower shall pay to Lender all Indebtedness secured by
<br />this Deed of Trust as it becomes due, and Borrower and Truster shall strictly perform all their respective obligations under the Credit Agreement,
<br />this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Truster agree that Borrower's and Trustofs possession and use of the
<br />Property shall be governed by the following provisions:
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<br />WHEN RECORDED D MA ILL TO: 200300607
<br />Five Points Bank
<br />Downtown
<br />370 N. Walnut
<br />Grand Island. NE 69901 FOR RECORDER'S USE ONLY
<br />DEED OF TRUST
<br />THIS DEED OF TRUST is dated Dencembeto$6,I2002, among TRINIDAD J AGUILAR and BONNIE J AGUILAR;
<br />Husband and Wife and d BONNIE J AGUILAR, Trustees of the ALJR TRUST under the
<br />Trust Agreement dated April 16, 1998 ( "Truster" ); Five Points Bank, whose address is Downtown, 370 N.
<br />Walnut, Grand Island, NE 68801 (referred to below sometimes as "Lender" and sometimes as
<br />"Beneficiary"); and (referred to below as "Trustee ").
<br />CONVEYANCE AND GRANT. For valuable consideration, Truster conveys to Trustee In trust, WITH POWER OF SALE, for the benefit of
<br />Lender as Beneficiary, all of Truster's right, file, 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 rights and
<br />ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, includingg
<br />without limitation all minerals, oil, gas, geothermal and similar matters, (the "Real Property ") located In HALL County, State Of
<br />Nebraska:
<br />Fractional Lot Seven (7), in Fractional Block One Hundred Nineteen (119), Railroad Addition, and its
<br />complement, to wit: Fractional Lot 7 in Fractional Block Eleven (11) in Arnold & Abbott's Addition both
<br />being additions to the City of Grand Island, Hall County, Nebraska.
<br />The Real Property or its address is commonly known as 910 W 3RD ST, GRAND ISLAND, NE 68801,
<br />REVOLVING LINE OF CREDIT. Specifically, without limitation, this Deed of Trust secures a revolving line of credit, which obligates
<br />Lender to make advances to Borrower s i long as Borrower complies with all the terms of the Credit Agreement. Such advances may be
<br />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 finance charges on such balance at a fixed or variable rate or sum as provided in the Credit Agreement, any temporary
<br />overages, other charges, and any amounts expended or advanced as provided In this paragraph, shall not exceed the Credit Limit as
<br />provided in the Credit Agreement. It Is the intention of Truster and Lender that this Deed of Trust secures the balance outstanding
<br />under the Credit Agreement from time to time from zero up to the Credit Limit as provided in this Dead of Trust and any intermediate
<br />balance.
<br />Truster presently assigns to Lender (also known as Beneficiary in this Deed of Trust) all of Trustor's right, title, and interest in and to all present
<br />and future leases of the Property and all Rents from the Property. In addition, Truster grants to Lender a Uniform Commercial Code security
<br />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 />TRUSTORB WAIVERS. Truster waives all rights or defenses arising by reason of any action" or "antl- deflciefi law, or any other law
<br />which may prevent Lender from bringing any action against Truster, including a claim for deficiency to the extent Lender is otherwise entitled to a
<br />claim for deficiency, before or after Lender's commencement or completion of any foreclosure action, either judicially or by exercise of a power of
<br />sale.
<br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Dead of Trust, Borrower shall pay to Lender all Indebtedness secured by
<br />this Deed of Trust as it becomes due, and Borrower and Truster shall strictly perform all their respective obligations under the Credit Agreement,
<br />this Deed of Trust, and the Related Documents.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Borrower and Truster agree that Borrower's and Trustofs possession and use of the
<br />Property shall be governed by the following provisions:
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