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<br /> REAL ESTATE DEED OF TRUST
<br /> (With Future Advance Clause) L�
<br /> � Construction Security Agreement
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is .......June.28.,..1999,,,,,,,,,,,,,,,,, and the parties and their
<br /> addresses are as follows:
<br /> TRUSTOR: GIEN'I', L.L.C. , A NEBRASKA LIMITID LIABILITY C'ONlPANY
<br /> 704 N ALPHA ST
<br /> GRArID ISL�AI�ID, NE 68803
<br /> Taxpayer I.D. #: 47-0815047
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �� OF WOOD RIVER DBA HIIZITAGE B�NK GRP�ID ISL�I�ID
<br /> PO BOX 5138
<br /> GRAI�ID ISI�l�ID, NE 68802
<br /> Taxpayer I.D. #: 47-0098350
<br /> BENEFICIARY: �� OF WOOD RIVER cma I�RITAGE BAI�TK GR�ID ISLAI�ID
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GRAND ISL,ADID, NE 68802
<br /> Taxpayer I.D. #: 47-0098350
<br /> 2. CONVEYANCE. For good and valuable consideration, the receiFt an� sufficiency of which is acknowledged, and to
<br /> secure the Secured Debt (hereafter defined), Trustor inevocably grants, conveys and sells to Trustee, in trust for the
<br /> benefit of the Beneficiary, with power of sale, the following described property: � NORTH 42 F�ET OF L�OT 1,
<br /> & ALL OF L�7T 2, NIEDICAL PARK FC)iJRTH SUBDIVISION, CITY OF GRAI�ID ISL�ID, NEBRASKA.
<br /> Theproperty is located in ..�L............................................................. at ............................................
<br /> (County)
<br /> 704 N ALPHA ST GRADID ISLAI�ID.................. Nebraska .....68803
<br /> ....................... . ......................., ................... , .........
<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 /> 3. MAXIMIJM OBLIGATION LIl�IIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br /> Deed of Trust at any one time shall not exceed$ 2 6 0.�0 72:0 0,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , 'I'his 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), guazanty(s) or other evidence of debt described below and a11 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 /> GIENT, L.L.C. , A NE�SKA LIMITID LIABILITY C�ONlPANY HEftITAGE BANK nK7I'E #310167
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST INOT fOR FNMA,FHLMC,FHA OR VA USE,AND NOT FOR CONSUMER PURPOSES) page 1 of 6
<br /> 01993 Bankers Systems,Inc.,St.Cloud,MN 11-800-397-2341) Form AG/CO-DT-NE 10/30/97 •
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