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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> REAL ESTATE DEED OF TRUST �
<br /> (With Future Advance Clause) �
<br /> ❑ Construction Security Agreement o
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is .......�tober.7,..1999............. and the parties and their
<br /> addresses are as follows:
<br /> TRUSTOR: R� �Y
<br /> AS HUSBIII�ID AI�ID WIFE AS HCTSBAI�ID AI�ID WIFE
<br /> 7051 N ST PAUL RD 7051 N ST PAUL RD
<br /> C�ZAI�ID ISLAND, NE 68801 GRAND ISLAI�ID, NE 68801
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �NK OF WOOD RIVER
<br /> PO BOX 487
<br /> WOOD RIVER, NE 68883
<br /> Tax�ayer I.D. #: 47-0098350
<br /> BENEFICIARY: �� OF WOOD RIVER cma HERRITAGE BANK GRAI�ID ISLAI�ID
<br /> O�anized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> Q�Al�ID ISL�AND, NE 68802
<br /> Ta�ayer I.D. #: 47-0098350
<br /> 2. CONVEYANCL. For �ood and valuable consideration, the receip± and sufficier.cy 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: THE SOLJ'TH HALF OF TI�
<br /> SOUR'I�IWEST QUARTER (Sl/2SW1/4) OF SECTION FOURTEE[�T (14) , 'I1�WNSHIP Zi�TELUE (12) RANGE
<br /> ATINE (9) , WEST OF Tf-� 6TH P.M. , HALL COUNI'Y, NE�RASKA.
<br /> Theproperty is located in ..��............................................................. at ............................................
<br /> (Counry)
<br /> .......................................................... .....C�2AI�ID,ISL�AI�ID.................., Nebraska .....68803..................
<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 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$ 200,�000;00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , 'I'(lis limitation of amount does
<br /> not include interest, loan charges, commitment fees, brokerage commissions, attomeys' 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. Tfie 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, maturiry dates, etc.)
<br /> GRAI�ID ISLAI�ID FARM SUPPLY HEE2I� BANK NOTE #105938 AND NC7I� #310199
<br /> y.. ..tptcv�;,�
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE,AND NOT FOR CONSUMER PURPOSESI page 1 of 6
<br /> � �� � 3
<br /> 01993 Bankers Systems,Inc.,St.Cloud,MN(1-800397-2341) Form AG/CO-D�I�O/30�7, �
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