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<br /> CORRECTIVE
<br /> NEBRASRA DEED OF TRUST
<br /> THIS DEED OF TRUST, is made as of the � day ot�
<br /> , 2000, by and among Ronald L. Bockstadter and Alice K.
<br /> Bockst ter, husband and wife ("Trustor") , whose mailing address is
<br /> 15090 West Guenther Road, Wood River, Nebraska 68883 , Matthew Hanson,
<br /> an attorney licensed to practice law in the State of Nebraska � >
<br /> ("Trustee") , whose mailing address is 1331 Main, Crete, Nebraska 68333 ,
<br /> and Barbara B. Steele ("Beneficiary") whose mailing address is 836 East
<br /> 15th Street, Crete, Nebraska 68333 .
<br /> FOR VALUABLE CONSIDERATION, Trustor irrevocably transfers, conveys
<br /> and assigns to Trustee, IN TRUST, WITH POWER OF SALE, for the benefit
<br /> and security of Beneficiary, under and subject to the terms and
<br /> conditions of this Deed of Trust, the real property, located in the
<br /> County of Hall, State of Nebraska, and described as follows (the
<br /> "Property") :
<br /> The Southeast Quarter (SE4) of Section Eleven (11) , Township
<br /> Ten (10) North, Range Twelve (12) , West of the 6th P.M. , in
<br /> Hall County, Nebraska, except lawful and valid restrictions
<br /> of record and except for lawful and valid easements whether
<br /> of record or not
<br /> TOGETHER WITH, all rents, easements, appurtenances, hereditaments,
<br /> interests in adjoining roads, streets and alleys, improvements,
<br /> buildings and any and all irrigation equipment (including but not
<br /> limited to pumps, motors, pipes and pivots) of any kind situated
<br /> thereon and all personal property that may be or hereafter become an
<br /> integral part of such buildings and improvements, all crops raised
<br /> thereon, and all water rights.
<br /> The Property and the entire estate and interest conveyed to the
<br /> Trustee are referred to collectively as the "Trust Estate" .
<br /> FOR THE PURPOSE OF SECURING:
<br /> a. Payment of indebtedness in the total principal amount of
<br /> $305, 000. 00, with interest thereon, as evidenced by that certain
<br /> promissory note of even date (the "Note") with a maturity date of
<br /> December 1, 2011, executed by Trustor, which has been delivered and is
<br /> payable to the order of Beneficiary, and which by this reference is
<br /> hereby made a part hereof, and any and all modifications, extensions
<br /> and renewals thereof, and
<br /> b. Payment of all sums advanced by Beneficiary to protect the
<br /> Trust Estate, with interest thereon at tY:e rate of sixteen percent
<br /> (16. 00%) per annum until all amounts are paid in full.
<br /> This Deed of Trust, the Note, and any other instrument given to
<br /> evidence or further secure the payment and performance of any
<br /> obligation secured hereby are referred to collectively as the "Loan
<br /> Instruments" .
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