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<br /> State of Nebraska Space Above This Line For Recording Data �
<br />� 'R��, REAL ESTATE DEED OF TRUST
<br /> `�8� i�18 0 5 (With Future Advance Clause) p�
<br /> ❑ Construction Security Agreement �
<br /> y 1. DATE AND PARTIES. The date of this Deed of Trust is November,,8�,,1999,,,,,,,,,,, �d the parties and ttieyr ��
<br /> �r?drec�e� arP�.c ft�llc�u�G.
<br /> TRUSTOR: Gregory L. Buhn�nan aka Greg BuhrmanTer�ence L. Aldrich aka Tarry Aldrich
<br /> A single person HUSB�ID ArID WIFE and Kim Aldrich,
<br /> j 1607 West South Front 1607 West South FYont husband and wife
<br />� Y 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 /> s
<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 WOOD RIVII2 dba HERITAGE BANK GRAND ISLI�ND
<br /> O�anized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GRAND ISLAND, NE 68802
<br /> Ta�ayer I.D. #: 47-0098350
<br /> 2. CONVEYANCE. For ood and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br /> secure the Secured �eb� .. >. �: �- ,. , '� . ;,, . . ,� >'�.�. �>, . ►,'�;.#�'�� .
<br /> benefit of the Beneficiary, with power of sale, the following described property: k�� '
<br /> Lots Three (3) and Four (4) , Block Eighteen (18) , Bonnie Brae Addition to the City
<br /> of Grand Island, Hall County, Nebraska.
<br /> Theproperty is located in ..Hall............................................................. at ............................................
<br /> (County)
<br /> 1515,.West.,North„Front Grand Island,,,,,,,,,,,,,,,,,, Nebraska .....68801.
<br /> ........................ ................... , .........
<br /> (Address) (Ciry) (ZIP Code)
<br /> Together with a11 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. MAXIMiTM OBLIGATION LIl�IIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br /> Deed of Trust at any one time shall not exceed$ 48,00 0:.00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , This limitation of amount does
<br /> not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly
<br />� niade�;u.su�:.*. io t�;� ��eu ui'T:us��:r.� ,::;�s r:ut ap�,:y to u:.�ances ��r :;:teri�st acc.ncd on sach advas:ees; ::�ade 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 advanceci. Nothing in tiiis Deeci uf Trust, however, shall constitt►te a comrni�ment 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 /> �
<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 /> $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�6
<br />- O 1993 Bankers Systems,Inc.,St.Clo dpfylN(1-�OQ�39�23411.Form AG/CO-DT-NE 10/30/9�� �i � � ''.�� �� ' { ��' • � �/
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