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<br /> 9 9 1113 2 3 1�AL 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 .......November._23.�,,1999..._,,.,., and the parties and their �'
<br /> addresses are as follows:
<br /> TRUSTOR: James D. Riley Sharon Riley :
<br /> HUSBAl�ID Al�ID WIFE HUSBAI�ID AND WIFE
<br /> 8069 S. McG�tire Road 8069 S. McGtiiire Road
<br /> Wood River, NE 68883 Wood River, NE 68883
<br /> Social Security #: 505-46-6667 Social Security #: 508-52-1773
<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 /> Tax�ayer I.D. #: 47-0098350
<br /> BENEFICIARY: �NEC OF WOOD RIVER dba 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 /> C��ID ISL�I�ID, NE 68802
<br /> Ta�ayer 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:Nl/2 SEl/4 & Sl/2 NE 1/4,
<br /> 5-10-12, Hall County, Nebraska :
<br /> THE NORTH HALF OF THE SOUTHEAST QUARTER (N1/2SE1/4) AND THE SOUTH HALF OF THE
<br /> NORTHEAST QUARTER (S1/2NE1/4) ALL IN THE SECTION FIVE (5) , TOWNSHIP TEN (10) 1�'
<br /> NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M. , IN HALL COUNTY, NEBRASKA �-/�
<br /> �;., S, �
<br /> The property is located in ..Hal l............................................................. at ................... ......�!................
<br /> (County)
<br /> 8069..S:..McGuire.Road...................... .....Wood,Riyer....................., Nebraska .....68883.................. .
<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, rese�voir sites and dams located on the real estate and all riparian and water rights associated with the Property, :
<br /> however established.
<br /> 3. MAXIM[JM OBLIGATION LIlVIIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br /> Deed of Trust at any one time shall not exceed$ $OQ�000;00 ........ . This limitation of amount does
<br /> . ......................:.
<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 all extensions,
<br /> renewals, modi�cations 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 /> $800,000, 9%, note dated 11/23/99 and all renewals extensions thereof and all
<br /> future borrowings of James D and Sharon Riley :
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST �NOT FOR FNMA,FHLMC,FHA OR VA USE,AND NOT FOR CONSUMER PURPOSES) � pag� 1/of�6
<br /> O 1993 Bankers Systems,Inc.,St.Cloud,MN(1-SOQ397-2341) Form AG/CO-DT-NE 10/30/97 y /t,
<br />
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