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<br /> �
<br /> �j REAL ESTATE DEED OF TRUST
<br /> (With Future Advance Clause) �d
<br /> ❑ Construction Security Agreement
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust is.......�:..1.�..�999........... ��e����eir `rCa
<br /> addresses are as follows:
<br /> TRUSTOR: BRED'I'IiAUER BROTF�RS� L:L.c. 9 9 112 2 7 9
<br /> A NfEBRASKA LIIRITED LIABILITY 00
<br /> 14287 WEST F�O�,LIlaG ROAD
<br /> G
<br /> V�100�D RIVER; NE 68883
<br /> ❑ Refer to khe Addendum wluch is attached and incorporated herein for additional Trustors.
<br /> i TRUSTEE: � �v� �
<br /> 423 GRAND AVE P.O. BOX 40
<br /> RAVENI�i, NE 68869
<br />�
<br />� �
<br /> . BENEFICIARY: � RAVII�Il� BANK
<br /> Organized and existing under the laws of the state of Nebraska
<br /> 423 G�ND AVE. PO � 40
<br /> RAVEDIl�IP,, NE 68869
<br /> Ta�cpayer I.D. #: 47-0277600
<br /> 2. CONVEYANCE. For good and valuable considerarion, the t�eceipt and sufficiency of which is acknowledged, and to
<br /> secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in Mist for the
<br /> benefit of khe Beneficiary,withpower of sale, khe following described prope y�THE N�ST �
<br /> (N4J1/4) �' SECTI�T TfiIRTY—SIX(36NE�SHIP TII�T(10) N�RTH, RP,I�GE ZWELVE (12), WEST
<br /> �F' THE 6TH P.M., HALL C'a[JNrY,
<br /> ThePropertY is located in..�............................................................. at............................................
<br /> (conray)
<br /> .......................................................... .....�nlC)OD.RIVER....................., Nebraska .....68883..................
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, craps, timber, all
<br /> diversion payments or third party payments made to crop producers, and all existing and future improvements, structures,
<br /> fixtures, and replacea�nts that may now, or at any time in the future, be part of the real estate described above (a11
<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. MAIIIMLJM OBLIGATION LIl1�IIT. The total principa1 amount of the Secured Debt(hereafter defined) secured by this
<br /> Dead of Trust at any one kime shall not exceed� 160�000;00................................ . T}us limitation of amount doas �
<br /> not i,nclnde intere�t, loan cbar$vs, commitment fees, brokerage commissions,.attorneys' fees and other charges validly
<br /> �
<br /> made�u�suant fd t�is�eec1 of`Tiust and does not apgly to ud�vaaces(or iuberest accrued on such advances)made under the
<br /> terms of tlus 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 D�d of Tn�st even
<br /> though �ll or part may not yet be advanced. Nothing in tlus Deed of Trust, however, shall constitute a commitment to
<br /> make additional or future loans or advances i�any amount. Any such commitment would nead to be agreed to in a separate
<br /> writing.
<br /> 4. SECURED DEBT DEFINED.Tha 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 /> ranewals, 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 /> PR�.MISSO�tY 1VOTE O�F' EVEN L1ATE IN 'IZiE AM7[]NT OF $160,000 FRCM `
<br /> BROTf�RS, L.L.0
<br /> NEBRASKA-AdRICULTURAUCOMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHIMC,FHA OR YA UBE,AND NOT FOR CONSUA�IER PUR�3�7 t„ ,� � �, pepe 1 of 6
<br /> � ��
<br />� m 1883 Banksn Sy�tem�,Inc.,St.Cloud,MN(1-800-387-23411 Fo�m AO/CO-DT-NE 10/30/97 �� �� '� ` '�` � ^' I
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