|
201201833
<br />Return To: Loan Department, Midwest Bank, 701 4th St, PO Box 646, Deshler, NE 68340
<br />Prepared By: Loan Department, Midwest Bank, 701 4th St, PO Box 646, Deshler, NE 68340
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is MARCH 7, 2012.
<br />The parties and their addresses are:
<br />TRUSTOR (Grantorl:
<br />JOSEPH H. MURRAY, GUARDIAN AND CONSERVATOR OF GAYLORD S. BINFIELD, AN
<br />INCAPACITATED AND PROTECTED PERSON, SUBJECT TO THE FARM LEASE
<br />INTEREST OF DOUG ABLOTT
<br />PO BOX 87
<br />HEBRON, NE 68370
<br />TRUSTEE:
<br />MIDWEST BANK
<br />a Nebraska Corporation
<br />701 4th St, PO Box 646
<br />Deshler, NE 68340
<br />BENEFICIARY (Lenderl:
<br />MIDWEST BANK
<br />Organized and existing under the laws of Nebraska
<br />701 4th St, PO Box 646
<br />Deshler, NE 68340
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured Debts and Grantor's performance under this Security
<br />Instrument, Grantor does hereby irrevocably grant, convey and sell to Trustee, in trust for the
<br />benefit of Lender, with power of sale, the following described property:
<br />THE SOUTHEAST 1/4 OF SECTION 24, TOWNSHIP 9 NORTH, RANGE 11 WEST OF THE 6TH
<br />P.M., HALL COUNTY, NEBRASKA
<br />The property is located in Hall County at 8420 W RAINFORTH RD, WOOD RIVER, Nebraska
<br />68883.
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights,
<br />all water and riparian rights, wells, ditches and water stock, crops, timber, all diversion
<br />payments or third party payments made to crop producers and all existing and future
<br />improvements, structures, fixtures, and replacements that may now, or at any time in the
<br />future, be part of the real estate described (all referred to as Propertyl. This Security
<br />Instrument will remain in effect until the Secured Debts and all underlying agreements have
<br />been terminated in writing by Lender.
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security
<br />Instrument at any one time and from time to time will not exceed 580,000.00. Any limitation
<br />of amount does not include interest and other fees and charges va l i dly made pursuant to this
<br />GAYLORD S. BINFIELD, An Incapacitated And Protected Person
<br />Nebraska Deed Of Trust Initials
<br />NE/4XXCEMORY00000000000826045030712N Wolters Kluwer Financial Services �1998, 2012 Bankers Page 1
<br />SyStBrtISTM
<br />
|