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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> REAL ESTATE DEED OF TRUST � ,�'�
<br /> (With Future Advance Clause) \��'
<br /> ❑ Construction Security Agreement � `�
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is ........J�???�?�'..20,,,2000..........,, and the parties and their �,
<br /> J
<br /> addresses are as follows:
<br /> TRUSTOR: �IG E. EL�TST,F'�'
<br /> A SINGL,E PERSON
<br /> P.O. BOX 5822
<br /> GRAND ISLAND, NE 68802
<br /> Social Security #: 505-54-3548
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �� OF WOOD RIVER
<br /> P.O. BOX 487
<br /> WOOD RIVER, NE 68883
<br /> Taxpayer I.D. #: 47-0098350
<br /> BENEFICIARY: �K OF WOOD RIVER dba HII�ITAGE BANK GRAND ISLAND
<br /> Organized and existing under the laws of the state of Nebras}ca
<br /> P.O. B�OX 5138
<br /> GRAND ISLAND, 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: L�7I' 8, IN REUTINGS FIRST
<br /> SUSDIVISION, CITY OF GRAND ISLAND, HALL COUNI'Y, NEBRP�.SKA
<br /> Theproperty is located in ..��,L�I�............................................................. at ............................................
<br /> (Counry)
<br /> 372�1..W:..OLD HWY 30 GRAI�ID_ISLA:L�ID................... Nebraska .....68803..................
<br /> ..... . ........................ ...........
<br /> (Address) (City) (ZIP Code)
<br /> Together with all 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. MAXIMLJM 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$ 52,0 0 0:.0 0.................................. . 'I'his limitation of amount does
<br /> not include interest, loan charges, commitment 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 aze 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 this 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. SECiTRED 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
<br /> you include items such as borrowers'names, note amounts, interest rates, maturity dates, etc.)
<br /> PROMISSORY NOT� #310226 DATID JAN[JARY 20, 2000 IN T�iE ANIOUNI' OF $52,000
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST INOT FOR FNMA,FHLMC,FHA OR VA USE,AND N0T FOR CONSUMER PURPOSESI page 1 of 6
<br /> �1993 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-2341) Forrp,AG/�Q-pTrNE!10/3�0l97 t :.e
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