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200200599
<br />State of Nebraska Space Ahnve Thix Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />I. DATE AND PARTIES. The date of this Deed of Trust is Jan _ 15,_.2002_ and the parties and their addresses
<br />are as follows:
<br />Robert G Woods end Pamela J Woods Husband and Wife
<br />TRUSTOR:
<br />21402 Deer Haven Trail
<br />Eegle, NE 68347
<br />= Refer to the Addendum which is attached and incorporated herein for additional Tmstors.
<br />TRUSTEE: Union Hank and Trust Company
<br />3643 South 48th Street
<br />Lincoln, WE 68506
<br />BENEFICIARY: Union Bank And Trust Company
<br />3643 South 48th Street Lincoln, HE 68506
<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), Truster irrevocably grants, convevs and sells to Trustee. in trust for the benefit of the
<br />Beneficiary, with power of sale, the following described property:
<br />Be. attachment A, which is hereby made a permanent part of this document.
<br />The property is located In Hall at A tract in the NWl /4 of the
<br />(County)
<br />SWl /4 35, 11N, 10 , Nebraska
<br />(Adde,$) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion
<br />paymculs or third party payments made to crop producers, and all existing and future improvements, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described above (all reterred to as
<br />"Property "). The term Property Glen includes, but is not limited to, any and all water wells, water, ditches, reservoirs,
<br />reservoir sites and dams located nn the real estate and all riparian and water rights associated with the Property, however
<br />established.
<br />MAXIMUM 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 S 200, 000.00 . This limitation of amount does not include
<br />interest, loan charges, commitment fees, brokerage commissions, 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 Deal
<br />of Trust to protect Beneficiary security and to peform any of the covenants contained in this Deed of Trust. Future advances
<br />are contemplated and, along with other furore obligations, are secured by this Deed of Trust even though all or pmt 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), guadmi 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 rater, maturity daias, ele)A Promissory
<br />Note dated 01/15/2002
<br />WONFAS" AGRICULTURAUCOMM ERCIAL mm OF TRUST (NOT FOR FNMA, FNLMC,FRAURVAUSE ANONOTFORCONSUMERPURPOSES) padeld6
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<br />-Cl 64(N E) (90O]).02 VMP MORTGAGE FORMS- (500)5214291
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