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<br /> State of Nebraska Space Above This Line For Reco�ug Data '
<br /> REAL ESTATE DEED OF TRUST
<br /> (With Future Advance Clause) v�
<br /> ❑ Construction Security Agreement �'
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is .......�cember..28.�..1999.....,.,., and the parties and their V�
<br /> addresses are as follows: a
<br /> TRUSTOR: Steven F. Anderson
<br /> A SINGLE PIIZSON
<br /> 908 N. Howard Ste. #106
<br /> Grand Island, NE 68803
<br /> Social Security #: 520-46-4123
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �� of Wood River dba Heritage Banl� Grand Island
<br /> 1333 N. Webb Road
<br /> Grand Island, Ne 68802-5138
<br /> Tax�ayer I.D. #: 47-0098350
<br /> BENEFICIARY: �K OF WOOD RIVER dba HQ�ITAGE BANK GRAND ISLAND
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GRAI�ID ISL�AI�ID, NE 68802
<br /> Taxpayer 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 (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: Refer to exhibit 'A' which
<br /> is attached hereto and made a part hereof.
<br /> The property is located in ..Hall............................................................. at ............................................
<br /> (County)
<br /> 908.N...Howard.Ste, 106 Grand.Island,,,,,,,,,,,,,,,,,,, Nebraska .....68803
<br /> .. ................... ......... .........
<br /> (Address) (City) (ZIP Code)
<br /> Together with a11 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 /> referred 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 riparian and water rights associated with the Property,
<br /> however established.
<br /> 3. MAXIMLTM 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$ $0,000;.00.................................. . �is limitation of amount does
<br /> not include interest, loan charges, corrunitment 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 tnis 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. SECLJRED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following:
<br /> A. The promissory note(s), contract(s), guaranty(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 j
<br /> you include items such as borrowers'names, note amounts, interest rates, maturiry dates, etc.)
<br /> $80,000 note of even date executed by Steven F. Anderson.
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST (NOT FOR FNMA,fHLMC,FHA OR VA USE,AND NOT FOR CONSUMER PURPOSES) � page 1 of 6
<br /> O 1993 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-23411 Form AGl,�O DT-�1 7Q/�0/$7 �
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