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<br /> 99 �07085 `� � u' o
<br /> _ .
<br /> State of Nebraska Space Above This Line For Recording Data ��
<br /> ��
<br /> REAL ESTATE DEED OF TRUST
<br /> (With Future Advance Clause)
<br /> ❑ Construction Security Agreement
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is .......July,. 2,�,,19 99,,,,,,,,,,,,,,,,,,, and the parties and their
<br /> addresses aze as follows:
<br /> TRUSTOR: '��el Builders, Inc.
<br /> P.O. Box 247
<br /> Wood River, NE 68883-0247
<br /> Taxpayer I.D. #: 47-0529047
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �k of Wood River
<br /> P.O. Box 487
<br /> Wood River, Ne 68883
<br /> Ta�ayer I.D. #: 47-0098350
<br /> BENEFICIARY: �K OF V�IOOD RIVER dba HEftITAGE BANK GRAND ISLAI�ID
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> C�AND ISLAND, NE 68802
<br /> Taxpayer I.D. #: 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 property: Parcel One - South 44' of
<br /> Lot 11 and Lot 12, Block 20, Original Town of Wood River, Hall County, Nebraska.
<br /> Parcel 'Itn�o - Lot l, Block 27, Town of Wood River, Hall County, Nebraska.
<br /> Theproperty is located in ..�L............................................................. at ............................................
<br /> (Counry)
<br /> 806,West..and,902 Main Wood,Riyer,,,,,,,,,,,,,,,,,,,,,, Nebraska .....68883„-0247.......,.
<br /> . ............................. .......
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all I
<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 (ail
<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 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$ 44,000:.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 I
<br /> terms of this Deed of Trust to protect Beneficiary security and to perform any of the covenar.ts 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 /> $44,000 NOTE OF EVE[�T DATE
<br /> NEBRASKA-AGRICULTURALICOMMERCIAL DEED OF TRUST �NOT FOR FNMA,FHLMC,FHA OR VA USE,AND NOT FOR CONSUMER PURPOSESI page 1 of 6
<br /> O 1993 Bankers Systems,Inc.,St.Cloud,MN 11-800397-2341� Form AG/CO-DT-NE 10/30/97� ' � � -
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