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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> REAL ESTATE DEED OF TRUST ' �
<br /> (With Future Advance Clause) �
<br /> �Construction Security Agreement �3U��
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is .......M�Y..5,,,1998,,,,,,,,,,,,,,,,,,,,, and the parties and their
<br /> addresses are as follows:
<br /> TRUSTOR: STAROSTKA C�OUP CO
<br /> PO BOX 5316
<br /> G�ID ISLAi�ID, NE 68802-5316
<br /> Taxpayer I.D. #: 91-1774892
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: BAI�1K OF WOOD RIVER
<br /> PO BOX 487
<br /> V�100D RIVER, NE 68883
<br /> T�xpayer I.D. #: 47-0098350
<br /> BENEFICIARY: �NK OF Vd00D RIVER dba �ITAC� BANK GRAND ISL�AND
<br /> O�ganized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GRAI�ID ISLAr7D, NE 68802
<br /> Taxpayer I.D. #: 47-0098350
<br /> 2. CONVEYANCE. For good and valuahle coasidcration, the receipt and sufficiency of which is acknowledged, and to
<br /> secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the
<br /> benefit of the Beneficiary, with power of sale, the following described property: L�7T 10, HOiK�iI�RK
<br /> StJBDIVISI�T, IN THE CITY OF GRAl�ID ISL�AND, HALL COUN'I'Y, NEBFt�.SKA EXCEPTING T�iEREFROM
<br /> A TRACT OF L�AND MORE PARTICCJLARLY DESCRIBID IN TnQ�RRArTI'Y DEm RECORDID AS DCXiCJN�!'
<br /> N0. 95-102886.
<br /> Theproperty is located in ..�L............................................................. at ............................................
<br /> (County)
<br /> 1216..V�.RRE[�T.L�ANE............................. .....GRAI�ID,ISI�I�ID.................., Nebraska .....68801..................
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all
<br /> diversion payments or third party payments made to crop producers, and all existing and future improvements, structures,
<br /> fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all
<br /> refened to as "Property"). The term Property also includes, but is not limited to, any and all water wells, water, ditches,
<br /> reservoirs, reservoir sites and dams located on the real estate and all ripazian and water rights associated with the Property,
<br /> however established.
<br /> 3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br /> Deed of Trust at any one time shall not exceed$ 55,000;,00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , �is limitation of amount does
<br /> not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly
<br /> made pursuant to this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the
<br /> terms of this Deed of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of
<br /> Trust. Future advances are contemplated and, along with other future obligations, are secured by this Deed of Trust even
<br /> though all or part may not yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to
<br /> make additional or future loans or advances in any amount. Any such commitment would need to be agreed to in a separate
<br /> writing.
<br /> 4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following:
<br /> A. The promissory note(s), contract(s), guazanty(s) or other evidence of debt described below and all extensions,
<br /> renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested that
<br /> you include items such as borrowers'names, note amounts, interest rates, maturiry dates, etc.)
<br /> 1�K7I� DATID 5-5-98 FOR $55,000 'I1� MAT[JRE 11-5-98.
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE,AND NOT FOR CONSUMER PURPOSES) � , f� ��e i'of 6
<br /> �1993 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-2341� Form AG/CO-DT-NE 10/30/97
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