200200653
<br />State of Nebraska — Space Above This Line Fe Reeordntg Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed ot'Trusl is ....._..... ._...0,1.1420,02_,,,,,,,,,,,,,_ and the parties aad their
<br />addresses are as follows:
<br />TRUSTOR: Lois Hannan Zalewski, A married person and Gerald G. Zalewski A married person
<br />7207 S Bluff Center RB
<br />Shelton, NE 68876
<br />506 -40 -1714
<br />Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />,TRUSTEE: Heritage Bsnk
<br />110 E. 9th Sri pot
<br />Wood River, NE 68883
<br />47- 0098350
<br />RF.NEFICIARY: Heritage Bank
<br />110 East 9th Street
<br />P.O. Box 487
<br />Woad River, NE 68883
<br />470098350
<br />Z. CONVEYANCE. For good and valuable consideration, the receipt add sufficiency of which is acknowledged, and to
<br />aeeure the Secured Debt (hereafter defined), 'I roster irrevocably grants, conveys and sells or Trustee, in trust for the
<br />benefit of the Beaettciary, with power of sale, the fullowing described property:
<br />The Southwest Quarter at the Northwest Roemer (SW 114 NW 1141 in Section Seven 171, Township Ten (10) North, Range Twelve 112),
<br />West of the 6th P.M., Hall County, Nebraska
<br />The property is located in _...__ ,Hall _.__..
<br />._._..... at .._ ............ ........ ...............
<br />(County)
<br />.._ ....... .. ........... ......._...... __.. _....... Nebraska..__. _.__..
<br />(Adams.) (City) (ZIP code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, bomber, alt
<br />diversion payments or Chad parry 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 (all
<br />referred In as "Property "). The term Property also includes, but is not limited to, any and all water welts, water, ditches,
<br />reservoirs, reservoir sites and dams located on the real "(air and all riparian and water rights associated with the Property,
<br />however 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 $ 3,0, 300, A0 ....... ............................... . This limitation of amount does
<br />not include interest, loan charges, COUlcu aneul fees, brokerage commissions, attorneys' fees and other charge validly
<br />made pursuant In this Decd of Trust xad does not apply to advances for interest accrued on such advaoces) 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 arc emociapbuid and, along with other future obligations, are secured by this Deed of 'frost even
<br />though all or part may not yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to
<br />make additional or future loans or advauces in any amount Any such commitment would need to be agreed to in a separate
<br />writing.
<br />4. SECURED DEBT DEFINED. The often "Secured Debt" includes, but is not luniled to, the following:
<br />A, The promissory note(s), contmeQs), guaranty(a) or other evidence of debt described below and all extensions,
<br />renewals, modifications or substitution, (Evidence of Debt). (Wlwn referencing the debts below it is suggested that
<br />you include items such as borrowers' namer, note amounts, interest rates, maturity dates, etc.)
<br />Promissory Note data(] 1.14.2002 end executed by Lois Hannon Zalewski
<br />NEBRASKA - AGRIGUITURALICOMMERCIAL DEED OF TRUST INOTFON men FIRM[. F HA ON VA USE. AND NOT rOa coNi PONPOSP51 P" r,ol6
<br />P'as'rerM—Solema, Inc, 6v Q
<br />. 11—cl MN 1- mc.11. mNE 3.Ilccl \ CC b�� _�
<br />
|