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<br /> REAL ESTATE DEED OF TRUST �
<br /> (With Future Advance Clause) a'
<br /> ❑ Construction Security Agreement
<br /> ril, 6,,,.1999................. and the parties and their
<br /> 1, llA7'E ANU PARTIES. The date of this Deed of Trust is ........�I.?••
<br /> addresses are as follows:
<br /> TRUSTOR: 3 H PARTNER.SHIP
<br /> PAR'TNEE�SHI P
<br /> 2424 W.16TH
<br /> GF2.F�ND ISL,AND, NE 68803
<br /> Taxpayer I.D. #: 47-0742561
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> I�RUSTEE: �K OF WOOD RIVER
<br /> P.O. 487
<br /> WOOD RIVER, NE 68883
<br /> Taxpayer I.D. #: 47-0098350
<br /> I3F.NEFICIARY: �K OF WOOD RIVER dba HIIZIZ'AGE B�NK �'� ISLF'ND
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GRAND ISL�ND, NE 68802
<br /> T�ayer I.D. #: 47-0098350
<br /> 2. C(;NL'i?YANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br /> ��•�urc the Sccured Debt (hereafler detlned), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the
<br /> benrl�i� ol dle Beneficiary, wi�h power of sale, the following described property: Refer to exritbit 'A' whieh
<br /> i5 attached hereto and made a past hereof.
<br /> 'l,llc property is located in ..HALI' .......... ............................................... at ............................................
<br /> � ��� (County)
<br /> 2�24..W..16TH...................................... .....GR��ND ISL�AND.................., Nebraska .....68803..................
<br /> (Address) (City) (ZIP Code)
<br /> T���c�hcr with all ri�hts, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all
<br /> �livcrsion paymcnts or third Party payments made to crop producers, and all existing and future improvements, structures,
<br /> fixtures, ana replacements that may now, or at any time in the future, be part of the real estate described above (all
<br /> rcicrred to as "Property"). The term Property also includes, but is not limited to, any and all water wells, water, ditches,
<br /> rescrvoirs, reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property,
<br /> l�iowcver estabiished.
<br /> 3. I�IAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br /> Dccd o f"Crust at any one time shall not exceed $ 67,584:,60.................................. . This limitation of amount does
<br /> n��t include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly
<br /> maele pursuant to this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the
<br /> ��:t-il�s of this Deed of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of
<br /> 'frust. h'utw-e advances are contemplated and, along with other future obligations, are secured by this Deed of Trust even
<br /> tlx,u��h all or part may not yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to
<br /> makc additional or future loans or advances in any amount. Any such comrnitment would need to be agreed to in a separate
<br /> ���ritin�.
<br /> 4. SECURFD DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following:
<br /> A. Thc promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all extensions,
<br /> rcnewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested that
<br /> ��ou include items sucyi as borrowers'names, note arnounts, interest rates, maturity dates, etc.)
<br /> $67,584.60 NO'I'E OF EVEL�T DATE
<br /> NEBRASKA -AGRICULTURAL/COMMERCIAL DEED OF TRUST INOT FOR FNMA,FHLMC,FHA OR VA USE,AN�NOT fOR CONSUMER PURPOSESI page 1 of 6
<br /> :�'i 993 Rankec:Sysiems,Inc.,St.Cloud.MN�1-800-397-23411 Form AG/CO-DT-NE 10/30/97
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