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•�il•! E 11- I111131
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 68801.5138
<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 ropperty:
<br />THE SOUTHWEST QUARTER (SW114) 0F SECTION THIRTY-SIX (36►, TOWNpSHIP ELEVEN (11) NORTH, RANGE ELEVEN (11), WEST OF
<br />THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />Theproperty is located in . ............................... HALL. ............................... at ............. ...............................
<br />(County)
<br />.......................... ............................... . WOOD, RIVER ............................... Nebraska ............ 68883............
<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 />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 $ 315,000-00 . . . . ..... . .. . .. . .. . ..... . . . . . . . . . .. .'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 />HERITAGE BANK PROMISSORY NOTE IN THE AMOUNT OF $315,000.00 EXECUTED BY RAYMOND C. ENGELAND MILDRED L.
<br />ENGEL DATED APRIL 27, 2001
<br />NEBRASKA - AGRICULTURALICOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />©1993 Bankers Systems, Inc., St. Cloud, MN 11 -800- 397 -2341) Form AG /CO -DT -NE 10/30/97
<br />page 1 of 6
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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 />So
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust is ............... . . 04. 27.2001-
<br />, . - , . , .. , , - ..
<br />, , , ,
<br />and the parties and their
<br />addresses are as follows:
<br />TRUSTOR: RAYMOND C. ENGEL and MILDRED L. ENGEL, Husband and Wife
<br />3731 S. 90TH ROAD
<br />WOOD RIVER, NE 68883
<br />•�il•! E 11- I111131
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 68801.5138
<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 ropperty:
<br />THE SOUTHWEST QUARTER (SW114) 0F SECTION THIRTY-SIX (36►, TOWNpSHIP ELEVEN (11) NORTH, RANGE ELEVEN (11), WEST OF
<br />THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />Theproperty is located in . ............................... HALL. ............................... at ............. ...............................
<br />(County)
<br />.......................... ............................... . WOOD, RIVER ............................... Nebraska ............ 68883............
<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 />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 $ 315,000-00 . . . . ..... . .. . .. . .. . ..... . . . . . . . . . .. .'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 />HERITAGE BANK PROMISSORY NOTE IN THE AMOUNT OF $315,000.00 EXECUTED BY RAYMOND C. ENGELAND MILDRED L.
<br />ENGEL DATED APRIL 27, 2001
<br />NEBRASKA - AGRICULTURALICOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />©1993 Bankers Systems, Inc., St. Cloud, MN 11 -800- 397 -2341) Form AG /CO -DT -NE 10/30/97
<br />page 1 of 6
<br />
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