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1. DEFINITIONS. For the purposes of this document, the following term has the following
<br />meaning.
<br />A. Loan. The Loan" refers to this transaction generally, including obligations and duties
<br />arising from the terms of all documents prepared or submitted for this transaction.
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured Debts and Grantor's performance under this Security
<br />Instrument, Grantor does hereby irrevocably grant, convey and sell to Trustee, in trust for the
<br />benefit of Lender, with power of sale, the following described property:
<br />THE SOUTHEAST QUARTER (SE1 /4) OF SECTION TWENTY -FIVE (25), TOWNSHIP NINE (9)
<br />NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA; EXCEPT A
<br />TRACT DEEDED TO THE STATE OF NEBRASKA MORE PARTICULARLY DESCRIBED IN DEED
<br />RECORDED IN BOOK 77, PAGE 458; EXCEPT A TRACT DEEDED TO COUNTY OF HALL,
<br />STATE OF NEBRASKA MORE PARTICULARLY DESCRIBED IN- QUIT CLAIM DEED RECORDED
<br />IN BOOK 138, PAGE 313; EXCEPT A TRACT MORE PARTICULARLY DESCRIBED IN REPORT
<br />OF APPRAISERS RECORDED IN BOOK 17, PAGE 439,; EXCEPT A TRACT DEEDED TO THE
<br />STATE OF NEBRASKA MORE PARTICULARLY DESCRIBED IN WARRANTY DEED RECORDED
<br />AS DOCUMENT NO. 82002222,
<br />AND EXCEPT, HOLLISTER'S HILLTOP SUBDIVISION, IN HALL COUNTY, NEBRASKA.
<br />The property is located in Hall County at , , Nebraska
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights,
<br />all water and riparian rights, wells, ditches and water stock, crops, timber, all diversion
<br />payments or third party payments made to crop producers and all existing and future
<br />improvements, structures, fixtures, and replacements that may now or at any time in the
<br />future, be part of the real estate described (all referred to as Property). This Security
<br />Instrument will remain in effect until the Secured Debts and all underlying agreements have
<br />been terminated in writing by Lender.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security
<br />Instrument at any one time and from time to time will not exceed $1,400,000.00. Any
<br />limitation of amount does not include interest and other fees and charges validly made pursuant
<br />to this Security Instrument. Also, this limitation does not apply to advances made under the
<br />terms of this Security Instrument to protect Lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />4. SECURED DEBTS. The term "Secured Debts" includes and this Security Instrument will
<br />secure each of the following:
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings,
<br />modifications and replacements. A promissory note or other agreement, dated January 6,
<br />2016, from Grantor to Lender, with a loan amount of $328,000.00 and maturing on January
<br />1, 2019.
<br />B. All Debts. All present and future debts from Grantor to Lender, even if this Security
<br />Instrument is not specifically referenced, or if the future debt is unrelated to or of a different
<br />type than this debt. If more than one person signs this Security Instrument, each agrees
<br />that it will secure debts incurred either individually or with others who may not sign this
<br />Security Instrument. Nothing in this Security instrument constitutes a commitment to make
<br />additional or future loans or advances. Any such commitment must be in writing. This
<br />MARK A. HOLLISTER
<br />Nebraska Deed Of Trust
<br />NE /4XXSPIEHS00000000009625Q18N Wolters Kluwer Financial Services © 1996, 2016 Bankers Page 2
<br />Systeme'
<br />201600211
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