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<br />2. CONVEYANCE. For good and vpluable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys
<br />and sells to Trustee, in trust for the benefit of the Beneficiary, with power of sale, the following
<br />described property:
<br />Lot Eight (8), Block Eleven (11), Bonnie Brae Addition to the City of ,Grand Island, Hall County, Nebraska;
<br />and
<br />Lot Nine (9), Block Eleven (11), Bonnie Brae Addition to the City of Grand Island, Hall County, Nebraska
<br />The property is located in Hall
<br />(County)
<br />at 1508 and 1514 W. North Front
<br />, Grand Island , Nebraska 88801
<br />(Address) (City) (Zip Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops,
<br />timber, all diversion payments or third party payments made to crop producers, and all existing and
<br />future improvements, structures, fixtures, and replacements that may now, or at any time in the future,
<br />be part of the real estate described above (all referred to as "Property"). The term Property also
<br />includes, but is not limited to, any and all water wells, water, ditches, reservoirs, reservoir sites and
<br />dams located on the real estate and all riparian and water rights associated with the Property, however
<br />established.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of tile Sec red Debt er after defined)
<br />secured by this Deed of Trust at any one time shall not exceed $ \In1;1y► s.j
<br />This limitation of amount does not include interest, loan charges, commitment f brokerage
<br />commissions, attorneys' fees and other charges validly made pursuant to this Deed of Trust and does
<br />not apply to advances (or interest accrued on such advances) made under the terms of this Deed of
<br />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
<br />Deed of Trust even though all or part may not yet be advanced. Nothing in this Deed of Trust, however,
<br />shall constitute a commitment to make additional or future loans or advances in any amount. Any such
<br />commitment would need to be agreed to in a separate writing.
<br />4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following:
<br />A. The promissory notels), contract(s), guarantylies) or other evidence of debt described below and
<br />all extensions, renewals, modifications or substitutions (Evidence of Debt). (When referencing the
<br />debts below it is suggested that you include items such as borrowers' names, note amounts,
<br />interest rates, maturity dates, etc.)
<br />Promissory notes #2107661 and #2107662 dated 01.29.2021 executed by Gosda Investments, LLC to Heritage Bank
<br />B. All future advances from Beneficiary to Trustor or other future obligations of Trustor to
<br />Beneficiary under any promissory note, contract, guaranty, or other evidence of debt existing now
<br />or executed after this Deed of Trust whether or not this Deed of Trust is specifically referred to in
<br />the evidence of debt.
<br />Agricultural/Commercial Real Estate Security Instrument -NE
<br />Bankers Systems TM VMP
<br />Wolters Kluwer Financial Services © 1993, 2011
<br />VMPC595(NE) (17011.00
<br />AGCO-RESI-NE 1/1/2017
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