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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 5ecurity Agreement V�
<br /> Decernber.,17.4,.1999...,,,,_,, and the parties and their o
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is ...................
<br /> addresses are as follows:
<br /> TRUSTOR: �DD �� �p�'�AND 'AMY " DOLTGLAS JOHI�T REDMAN AND NANETTE
<br /> p,5 HCJgg�1Np p�]p WIFE CARPENTER AS HCTSB�IND AND WIFE REDMAN
<br /> 2106 N. WEBB RQAD 2106 N. WEBB ROAD
<br /> GRAI�ID ISLAND, NE 68803 GRAND ISLAND, NE 68803
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �� OF WOOD RIVER
<br /> P.O. �OX 487
<br /> GRAI�ID ISL�I�ID, NE 68883
<br /> Taxpayer I.D. #: 47-0098350
<br /> BENEFICIARY: �K OF WOOD RIVER c�a �ITAGE BANK GRArID ISL�,I�ID
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. B�OX 5138
<br /> GRAND ISLAl�ID, 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 inevocably grants, conveys and sells to Trustee, in trust for the
<br /> benefit of the Beneficiary, with power of sale, the following described property: THE SOLJI�iQ2LY ONE HUNDRID
<br /> EIGHT (108) FE�!' OF L�7T 'I'�IEN7.'Y (20) , IN HOLCOMB HIQ�Y HOMES, A SiJSDIVISION IN TI�
<br /> CITY OF GRAND ISLAND, HALZ COUN'I'Y, NEBRASKA.
<br /> Theproperty is located in ..��............................................................. at ............................................
<br /> (County)
<br /> .....GRAI�ID.ISLA;L�ID................... Nebraska ................................
<br /> ........................�aaa�essj......................., ��1Ty� �
<br /> 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 (a11
<br /> refened 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$ 40,000;_00.................................. . This limitation of amount does
<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 �ommitment 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. SECiTRED 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 /> GI�RANTEES DATID 12/17/99
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST (NOT FOR fNMA,FHLMC,FHA OR VA USE,ANO NOT FOR CONSUMER PURPOSESI page 1 of 6
<br /> �1993 Bankers Systems,Inc.,St.Cloud,MN(1-800397-2341) Form AG/CO-DT-NE 1 Q{¢�7 � . ,. � `.
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