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508 - 48.0732 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: Heritage Bank <br />110 East 9th Street <br />Wood River, NE 68883 <br />47. 0098350 <br />BENEFICIARY: Heritage Bank <br />110 East 9th Street <br />P.O. Box 487 <br />Wood River, NE 68883 <br />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: <br />See attached legal descriptions <br />The property is located in . ............................... HALL, at ..THIS PROPERTY IS. AGRICULTURAL,. <br />(County) <br />.....................REAL ESTATE .............................................. Nebraska . ............................... <br />(Address) <br />(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. MAXIMUM 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 $ 125,000 ;00 . ..... . ......... . ............. . ...... . This 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 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 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. SECURED 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 />DEED OF TRUST OF EVEN DATE HEREWITH <br />NEBRASKA - AGRICULTURAL /COMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) page t of 6 <br />©1993 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form AG /CO -DT -NE 10/30/97 <br />C m X *C <br />w' <br />o <br />c> (n <br />O <br />O <br />r- <br />o --I <br />N <br />{f J <br />— <br />--a m <br />O <br />M <br />on <br />C> * t <br />O <br />... <br />v,, f <br />M <br />CD <br />=-3 <br />r— ; <br />t— >- <br />O <br />N <br />O <br />State of Nebraska Space Above This Line For RecordiSig <br />Data <br />w� <br />�J <br />REAL ESTATE DEED OF TRUST <br />v <br />(With Future Advance Clause). <br />❑ Construction Security Agreement <br />d <br />1. DATE AND PARTIES. The date of this Deed of Trust is ................. 01,-1,1:2001, ............ <br />, ... , and the parties and their <br />addresses are as follows: <br />TRUSTOR: William H. Dibbern, A SINGLE PERSON <br />11287 W Capital Ave. <br />Wood River, NE 68883 -9742 <br />508 - 48.0732 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: Heritage Bank <br />110 East 9th Street <br />Wood River, NE 68883 <br />47. 0098350 <br />BENEFICIARY: Heritage Bank <br />110 East 9th Street <br />P.O. Box 487 <br />Wood River, NE 68883 <br />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: <br />See attached legal descriptions <br />The property is located in . ............................... HALL, at ..THIS PROPERTY IS. AGRICULTURAL,. <br />(County) <br />.....................REAL ESTATE .............................................. Nebraska . ............................... <br />(Address) <br />(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. MAXIMUM 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 $ 125,000 ;00 . ..... . ......... . ............. . ...... . This 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 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 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. SECURED 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 />DEED OF TRUST OF EVEN DATE HEREWITH <br />NEBRASKA - AGRICULTURAL /COMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) page t of 6 <br />©1993 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form AG /CO -DT -NE 10/30/97 <br />