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State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)o
<br />❑ Construction Security Agreement SC)
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. 08.28.2004, . . _ , . , . . . , . . . , . .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows..
<br />TRUSTOR:
<br />CRANE CENTER, LLC, A NEBRASKA CORPORATION
<br />1645 N STREET, SUITE E
<br />LINCOLN, NE 68508
<br />73. 1666725
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: FARMERS BANK
<br />5500 NORTH 148TH STREET
<br />LINCOLN, NE 68527
<br />47. 0155110
<br />BENEFICIARY: FARMERS BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />5500 NORTH 148TH STREET
<br />INICOLN HE rR5--27
<br />47. 0155110
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />Property: LOT THREE (3), BLOCK TWO (2), CRANE VALLEY SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ............................... HALL. ............................... at 810 DIERS AVENUE NORTH.................... .
<br />(County)
<br />............................. ............................... . ................... 66 AND ISIA N0.................. , Nebraska ............ 0 ........ .
<br />(Address) (City) (ZIP Code)
<br />To-tdie_ wish afl rights, tmsen ents, ayppul:enainces,. royalties, rni flier a - - -0-.1- and-- FS-rightm;- IN :later and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 20Q,, O, QQ, QQ .......... ............................... This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />NOTE DATED 6.28.04 IN THE AMOUNT OF $200,000 TO CRANE CENTER, LLC
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />s--(15&� ©1994 Bankers Systems, Inc., St. Cloud, M (page 1 of 41 N Form RE -DT -NE 1130/2002 �?
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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)o
<br />❑ Construction Security Agreement SC)
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. 08.28.2004, . . _ , . , . . . , . . . , . .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows..
<br />TRUSTOR:
<br />CRANE CENTER, LLC, A NEBRASKA CORPORATION
<br />1645 N STREET, SUITE E
<br />LINCOLN, NE 68508
<br />73. 1666725
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: FARMERS BANK
<br />5500 NORTH 148TH STREET
<br />LINCOLN, NE 68527
<br />47. 0155110
<br />BENEFICIARY: FARMERS BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />5500 NORTH 148TH STREET
<br />INICOLN HE rR5--27
<br />47. 0155110
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />Property: LOT THREE (3), BLOCK TWO (2), CRANE VALLEY SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ............................... HALL. ............................... at 810 DIERS AVENUE NORTH.................... .
<br />(County)
<br />............................. ............................... . ................... 66 AND ISIA N0.................. , Nebraska ............ 0 ........ .
<br />(Address) (City) (ZIP Code)
<br />To-tdie_ wish afl rights, tmsen ents, ayppul:enainces,. royalties, rni flier a - - -0-.1- and-- FS-rightm;- IN :later and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 20Q,, O, QQ, QQ .......... ............................... This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />NOTE DATED 6.28.04 IN THE AMOUNT OF $200,000 TO CRANE CENTER, LLC
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />s--(15&� ©1994 Bankers Systems, Inc., St. Cloud, M (page 1 of 41 N Form RE -DT -NE 1130/2002 �?
<br />
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