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<br /> State of Nebraslca Space Above This Line For Recording Data
<br /> DEED OF TRUST � �
<br /> (With�ture Advance Clause) � ' n (�
<br /> ❑ Construction Security Agreement , `U �
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......�Y..�S�...���$..................
<br /> and the parties,their addresses and tax idendfication numbers, if required, are as follows:
<br /> TRUSTOR: I�IlQEIH A LA�SI�It IQIRF�J J.' LANC.�,SZ�R ,
<br /> AS Fit7SBArID ArID WIF'E AS Fi[7SBArID A1�ID V�IIb'E �
<br /> PO BC� Y725 PO BOX 1725 �
<br /> r Q2AI�ID ISLAI�ID, NE 68802-1725 C32ATID ISL�1l�ID, NE 68802-1725
<br /> Social Sec,�urity #: 505-78-6730 Social Security #: 505-70-1326
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: BANK OF WI�OD RIVII2
<br /> PO BOX 487
<br /> �JOOD RIVER, NE 68883
<br /> Taxpayer I.D. #: 47-0098350
<br /> BENEFICIARY:BANK OF WOOD RIVII2 dba I�2I� BANK GRArID ISLArID
<br /> Organized and existir�g under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GRArID ISLAI�ID, NE 68802
<br /> Ta�ayer I.D. #: 47-0098350
<br /> 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br /> secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br /> grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br /> property: Refer to exhibit 'A' which is attached hereto and mac�e a part hereof.
<br /> Theproperty is located in�r............................................................. at ..............................................
<br /> (County) ,
<br /> 4�7..��..g�..�........................... 4�ND.��............................., Nebraska ..�$801............
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and ripazian
<br /> rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br /> now, or at any time in the future, be part of the real estate described above(all referred to as "Property").
<br /> 3. MA��IMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $�OO,,OQ0,;00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , �is limitation of amount does not include interest and other fees
<br /> and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br /> the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br /> Security Instrument.
<br /> 4. SECURED DEBT AND F[JTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br /> A.Debt incuned under the terms of all promissory note(s), contract(s), guazanty(s) or other evidence of debt described
<br /> below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br /> suggested that you include items such as borrowers'names, note amounts, interest rates, maturiry ctates, etc.)
<br /> SBA I�K7I'E ]]ATED 5-15-98 FL�R $300,000 TO N�'I�JRE C�T 5-15-08.
<br /> NEBRASKA-DEED OF TRUST INOT FOR FNMA,FHLMC,FHA OR VA USEI « ��"
<br /> �
<br /> ,, � �`(paj�A 1uof4/
<br /> m1994 Benken Systems.Inc.,St.Cloud,MN (1-800-397-2341) Form tiE-DT-NE 10/27/97 �
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