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<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured Debt (hereafter defined►, Trustor irrevocably grants, conveys
<br />and sells to Trustee, in trust for the benefit of the Beneficiary, with power of sale, the following
<br />described property'
<br />LOT 4, THEtEN SUBDIVISION, FIRST ADDITION TO WOOD RIVER, Hhll COUNTY, NEBRASKA
<br />The property is located in H�LL at 1503 MARSHALL STREET
<br />(County)
<br />, WOOD RIVER , Nebraska 68883
<br />(Address) (City) . �. - I�ip,Code�
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops,
<br />timber, all diversion payments or third party payments made to cr'op producers, and all existing and
<br />future improvements, structures, fixtures, and replacements that may now, or at any time in the future,
<br />be part of the real estate described above (all referred to as °Property"). The term Property also
<br />includes, but is not limited to, any and all water wells, water, ditches, reservoirs, reservoir sites and
<br />dams located on the real estate and all riparian and water rights associated with the Property, however
<br />established.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter definedl
<br />secured by this Deed of Trust at any one time shall not exceed S 71.000.00
<br />This limitation of amount does not include interest, loan charges, commitment fees, brokerage
<br />commissions, attorneys' fees and other charges validly made pursuant to this Deed of Trust and does
<br />not apply to advances �or interest accrued on such advances) made under the terms of this Deed of
<br />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 otherfuture obligations, are secured by this
<br />Deed of Trust even though all or part may not yet be advanced. Nothing in this Deed of Trust, however,
<br />shall constitute a commitment to make additional or future loans or advances in any amount. Any such
<br />commitment would need to be agreed to in a separate writing.
<br />4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following:
<br />A. The promissory note(s}, contractls�, guaranty(ies) or other evidence of debt described below and
<br />all extensions, renewals, modifications or substitutions (Evidence of Debt►. M/hen ieferencing the
<br />debts be%w it is suggested that you include items such as borrowe�s' names, note amounts,
<br />inte�est �ates, maturity dates, etc.J
<br />BOD NOTE �'S 7277;7218; 7183; 7216;7243;7251 PLUS ANY EXTENSIONS, RENEWALS OR ADDITIONAL LOANS WITH
<br />BURGHARDT TRUCKING, INC.
<br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to
<br />Beneficiary under any promissory note, contract, guaranty, or other evidence of debt existing now
<br />or executed after this Deed of Trust whether or not this Deed of Trust is specifically referred to in
<br />the evidence of debt.
<br />C. All obligations Trustor owes to Beneficiary, which now exist or may later arise, to the extent not
<br />prohibited by law, including, but not limited to, liabilities for overdrafts relating to any deposit
<br />account agreement between Trustor and Beneficiary.
<br />Sewrity InstrumerK-Commereial/Agricultural-NE AGCO-RESI-NE 7/2t2011
<br />VMPOO gankersSystemsTM VMP-C696{NE} (1107l.00
<br />Wokers Kluwer Fnarxial Services OO 1993, 2011 Page 2 of 11
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