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DATE AND PARTIES. The date of this Deed of Trust is Dec-3-0-200-2 --------- and the parties and their addresses
<br />are as follows:
<br />TRUSTOR: Allen V Hoffer and Linda Hoffer, husband and wife
<br />823 W Division
<br />Grand Island, NE 68801
<br />0 Refer to the Addendum which is attached and incorporated herein for additional Trusiors.
<br />TRUSTEE: Union Bank and Trust Company -Grand Island
<br />2008 North Webb Road
<br />Grand Island, NE 68803
<br />BENEFICIARY: Onion Bank and Trust Company -Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the
<br />Beneficiary, with power of sale, the following described property::
<br />lot Five (5), Block Twenty Three (23), Nagy'e Addition to the City of Grand IOland, Hall county, NebraRka.
<br />The property is located in Hall at 504 East 5th St
<br />(County)
<br />_____________________________ _______________Grand Island , Nebraska 68801
<br />(Address) (City) (LIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, limber, all diversion
<br />payments or third party payments made to crop producers, and all existing and future imprnvcnrct ls, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described above (all refured In as
<br />'Property). The term Property also includes, but is not limited m, any and all water wells, water, ditches, reservoirs,
<br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however
<br />established.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Sewed Debt (hereafter defined) secured by this
<br />Deed of Trust at any one time shall not exceed $ &86. 812 -00 , This limitation of amount does not include
<br />interest, loan charges, commitment fees, brokerage wnunissions, attorneys' fees and other charges validly made pursuant to
<br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed
<br />of Trust to protect Beneficiary security and to poform any of the covenants contained in this Deed of Trust. Future advances
<br />arc comernplated and, along with other future obligations, are secured by this Deal of Trust even though all or part may not
<br />yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or future loans
<br />or advances in any amount. Any such commitment would need to be agreed to in a separate 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, ete.)Fixed Rate
<br />Promisorry Note 719890 dated December 30, 2002 in the amount of $43,406.00 and
<br />maturing on December 30, 2007
<br />Ma11AfFEA- AD KNULTYRAYCOM M MORAL DOW OF TRUST (NOT FOR FNMA PH LMG FHA OR VA USE, AND NOT FOR CONSUMER PU RPM EST py Gb
<br />EXGe'WORI999 Bmkae Syslen5, Inc. 11. Llwd MN I —AGICO CT NE 3/BR001
<br />(W•C7841NE1(0107)02 VMP MORTGAGE FORMS (800)521 7291
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<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust is Dec-3-0-200-2 --------- and the parties and their addresses
<br />are as follows:
<br />TRUSTOR: Allen V Hoffer and Linda Hoffer, husband and wife
<br />823 W Division
<br />Grand Island, NE 68801
<br />0 Refer to the Addendum which is attached and incorporated herein for additional Trusiors.
<br />TRUSTEE: Union Bank and Trust Company -Grand Island
<br />2008 North Webb Road
<br />Grand Island, NE 68803
<br />BENEFICIARY: Onion Bank and Trust Company -Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the
<br />Beneficiary, with power of sale, the following described property::
<br />lot Five (5), Block Twenty Three (23), Nagy'e Addition to the City of Grand IOland, Hall county, NebraRka.
<br />The property is located in Hall at 504 East 5th St
<br />(County)
<br />_____________________________ _______________Grand Island , Nebraska 68801
<br />(Address) (City) (LIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, limber, all diversion
<br />payments or third party payments made to crop producers, and all existing and future imprnvcnrct ls, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described above (all refured In as
<br />'Property). The term Property also includes, but is not limited m, any and all water wells, water, ditches, reservoirs,
<br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however
<br />established.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Sewed Debt (hereafter defined) secured by this
<br />Deed of Trust at any one time shall not exceed $ &86. 812 -00 , This limitation of amount does not include
<br />interest, loan charges, commitment fees, brokerage wnunissions, attorneys' fees and other charges validly made pursuant to
<br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed
<br />of Trust to protect Beneficiary security and to poform any of the covenants contained in this Deed of Trust. Future advances
<br />arc comernplated and, along with other future obligations, are secured by this Deal of Trust even though all or part may not
<br />yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or future loans
<br />or advances in any amount. Any such commitment would need to be agreed to in a separate 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, ete.)Fixed Rate
<br />Promisorry Note 719890 dated December 30, 2002 in the amount of $43,406.00 and
<br />maturing on December 30, 2007
<br />Ma11AfFEA- AD KNULTYRAYCOM M MORAL DOW OF TRUST (NOT FOR FNMA PH LMG FHA OR VA USE, AND NOT FOR CONSUMER PU RPM EST py Gb
<br />EXGe'WORI999 Bmkae Syslen5, Inc. 11. Llwd MN I —AGICO CT NE 3/BR001
<br />(W•C7841NE1(0107)02 VMP MORTGAGE FORMS (800)521 7291
<br />
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