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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 -
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is .......Noyember..8,..1999,,,,,._..... and the parties and their �
<br /> addresses are as follo�,�s:
<br /> TRUSTOR: Gregory L. Buh�rr�n Ter�ence L. Aldrich
<br /> A single person HUSBAI�ID AI�ID WIFE
<br /> 1607 West South Front 1607 West South FYont
<br /> .
<br /> Grand Island, NE 68801 Grand Island, NE 68801
<br /> Social Security #: 505-82-6695 Social Security #: 505-82-0051
<br /> �Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �k of Wood River DBA Heritage Bank Grand Island
<br /> P.O. 5138
<br /> Grand Island, Ne 68802-5138
<br /> Taxpayer I.D. #: 47-0098350
<br /> BENEFICIARY: �K OF VJOOD RIVER dba �ITAGE BANK GRAt�ID ISLAI�ID
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> C-�AND ISI,AND, 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 truse for the
<br /> benefit of the Beneficiary, with power of sale, the following described property:
<br /> Lots Three (3) and Four (4) , Block Eighteen (18) , Bonnie Brae Addition to the City
<br /> of Grand Island, Hall County, Nebraska.
<br /> The property is located in ..Hall............................................................. at ............................................
<br /> (Counry)
<br /> 1515..West..North,Front Grand,Island................... Nebraska .....68801..,...............
<br /> ......................... ....... .
<br /> (Address) (Ciry) (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. MAXIMCJM 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$ 48,000:.00.................................. . 'I'his limitation of amount does
<br /> not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly
<br /> made pursuai.±to thi� Deed of Trusi ;.n��oes r�L� apply to a�i�a:ices (or ir.terest accraed 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 ar 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, maturiry dates, etc.)
<br /> $48,000 note of even date
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE,AND NOT FOR CONSUMER PURPOSES)�� pa e j-�qf 6
<br /> "t ti 3s� `` ��
<br /> OO 1993 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-2341) Form AG/CO-DT-NE 10/30/9�# R� � � �.'` �?' �� t'' � � �L�
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