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<br />State of Nebraska Space Above This Line For Recording
<br />Data
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ....... APRIL 6,..200
<br />1, , , , , , , , , , , ,
<br />, , , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: SHAYNE BADER STEPHANIE BADER
<br />HUSBAND AND WIFE HUSBAND AND WIFE
<br />a'
<br />8375 N CAMERON RD 8375 N CAMERON RD
<br />CAIRO, NE 68824 CAIRO, NE 68824
<br />SOCIAL SECURITY #: 508 -08 -5175 SOCIAL SECURITY #: 507
<br />-96 -9541
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE: PINNACLE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />COMMERCIAL STREET, PO BOX 187
<br />PALMER, NE 68864
<br />TAXPAYER I.D. #: 47- 0098450
<br />BENEFICIARY: PINNACLE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P.O. BOX 187
<br />PALMER, NE 68864
<br />TAXPAYER I.D. #: 47- 0098450
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: THE NORTH HALF (N12) , AND THE SOUTHWEST QUARTER (SW1 /4) OF SECTION TWO (2) ,
<br />TOWNSHIP TWELVE (12) NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M. HALL COUNTY,
<br />NEBRASKA.
<br />Theproperty is located in HALL .............................. ............................... at ............... ...............................
<br />(County)
<br />8375 CAMERON ROAD CAIRO , Nebraska 68824
<br />......... ............................... .................... ............................... .......................
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 573,. 000,.. 00 , , , , , , ,, , ,,,,,,, , , , , , , , , , , , , , , , , , , This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A PROMISSORY NOTE DATED 04 -06 -01 IN THE AMOUNT OF $153,00.00 AND A PROMISSORY
<br />NOTE DATED 04 -06 -01 IN THE AMOUNT OF $360,000.00 TO SHAYNE G BADER AND
<br />STEPHANIE S BADER
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 41
<br />©1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97
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