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<br /> REAL ESTATE DEED OF TRUST �a
<br /> (With Future Advance Clause) �S�
<br /> �Construction Security Agreement
<br /> 1. DATE AND PARTIES. T'he date of this Deed of Trust is .......Jul�,r,,22.,..1999,,,,,,,,,,,,,,,,, and the parties and their
<br /> addresses are as follows:
<br /> TRUSTOR: 'I'HON�.S D. HOHNBAUM PAMQ�A HOHNBAUM
<br /> AS HCTSBAND AND WIFE AS HUSBAND AND WIFE
<br /> PO �OX 1 PO BOX 1
<br /> GR�ID ISL�I�ID, NE 68802 GRAND ISLAND, NE 68802
<br /> Tax�ayer I.D. #: 50-7509426
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �K OF Vd00D RIVER
<br /> FO BOX 487
<br /> WOOD RIVER, NE 68883
<br /> T�ayer I.D. #: 47-0098350
<br /> BENEFICIARY: �NK OF WOOD RIVER c�a HERRITAGE BANK GRAI�ID ISLAI�ID
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GRAi�ID ISL�AI�ID, NE 68802
<br /> Taxpayer I.D. #: 47-0098350
<br /> I 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: L�OT 47, JEFFREY OAKS SIXTH
<br /> (6TH) SUBDIVISI�T, CITY OF GFZ�ID ISI�AND, HAT� COIINTY, NEBRA,SKA.
<br /> Theproperty is located in ..�L............................................................. at ............................................
<br /> (Counry)
<br /> 4139„MANCF�STER GRP,I�II.� ISLAi�ID.................. Nebraska .....68801..................
<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. 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$ $5,000,.00.................................. . '�is limitation of amount does
<br /> not include interest, loan charges, comrnitment 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 aze 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 /> THONIA.S D. AND PANlEL� HO�UM HEftITAGE BANK NC7I'E #310177 DATED 7/22/99.
<br /> NEBRASKA-AGFiICULTURAL/COMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHLMC,F,HA QR VA USEf AND NDT FOR CONSI�MER PURPOSESI page 1 of 6
<br /> ,y ; �� i
<br /> I �1993 Bankers Systems,Inc.,St.Cloud,MN(1-800397-23411 Form AG/CO-DT-NE 10/30/97 �'. '� ' `
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