❑ Refer to the Addendum which is attached and incorporated herein for additional Tmstors.
<br />TRUSTEE: ELKHORN VALLEY BANK &TRUST
<br />112 S. MAIN, PO BOX 70
<br />HOSKINS, NE 68740
<br />47. 0347009
<br />BENEFICIARY: ELKHORN VALLEY BANK &TRUST
<br />112 SOUTH MAIN, PO BOX 70
<br />HOSKINS, NE 88740
<br />470343009
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the
<br />benefit of the Beneficiary, with power of sale, the following described property:
<br />LOTS 7,8,9, IN BLOCK 26. IN THE ORIGINAL TOWN OF WOOD RIVER, HALL COUNTY, NEBRASKA
<br />The property Is located in . ............................... HALL............, .................... at ................. 11kW 9TH.................
<br />(Cowry)
<br />........................... ............................... W000 tiIVER............ ............... ....... Nebraska ............ fi8887
<br />.............
<br />(AearatN) (Gry) tztp code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all
<br />diversion payments or third party payments made to crop producers, and all existing and future hnprovemerus, structures,
<br />futures, and replacements that may now, or at any time in the future, be part of the real estate described above (all
<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. 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 $ ),gg,PI ....................... _............... This limitation of amount does
<br />not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly
<br />nude pursuant to this Deed of Trust and does not apply to advances (or interest acemed on such advances) made under the
<br />terns of this Deed of Trost 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 Deed of Trust even
<br />though all or part may not yet he advanced. Nothing in this Deed of Trost, however, shall constitute a commitment to
<br />make additional or future loans or advances in any amount. Any such cormnitment would need to be agreed to in a separate
<br />writing.
<br />4. SECURED DEBT DEFINED. The Icon 'Secured Debt" includes, but is rot limited to, the following:
<br />A. The promissory Octets), comract(s), guaranty(s) or other evidence of debt described below Bud all extensions,
<br />renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested rho(
<br />you include items such as borrowers' names, note amounts. interest rates. nuturiry dares, etc.)
<br />NOTE DATED p301021N THE NAME OF JOHN AND JANICE VERMAAS
<br />NEBRASKA - AGFICULTURALICOMMEPCIAL DEED OF TRUST INUT raPFNMA. FKMCFHAORVAU8EANO NOT FOR CONSUMER PURPOSES) page l orb
<br />®1889 F-1— SMrmv I- S, 11.E, MN Farm PG=-r of 392001
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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />C>J
<br />❑ Cnnatructinn Security Agreement
<br />G
<br />1. DATE AND
<br />PARTIES. The date of this Deed of Trust is ................... 41:4R2UP2..................
<br />and the parties
<br />and [heir
<br />addresses are
<br />as follows:
<br />TRUSTOR:
<br />JOHN O. VEHMAAS AND JANICE K. VERMAAS, HUSBAND AND WIFE
<br />PO BOX 6227
<br />LINCOLN. NE 68500 0227
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Tmstors.
<br />TRUSTEE: ELKHORN VALLEY BANK &TRUST
<br />112 S. MAIN, PO BOX 70
<br />HOSKINS, NE 68740
<br />47. 0347009
<br />BENEFICIARY: ELKHORN VALLEY BANK &TRUST
<br />112 SOUTH MAIN, PO BOX 70
<br />HOSKINS, NE 88740
<br />470343009
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the
<br />benefit of the Beneficiary, with power of sale, the following described property:
<br />LOTS 7,8,9, IN BLOCK 26. IN THE ORIGINAL TOWN OF WOOD RIVER, HALL COUNTY, NEBRASKA
<br />The property Is located in . ............................... HALL............, .................... at ................. 11kW 9TH.................
<br />(Cowry)
<br />........................... ............................... W000 tiIVER............ ............... ....... Nebraska ............ fi8887
<br />.............
<br />(AearatN) (Gry) tztp code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all
<br />diversion payments or third party payments made to crop producers, and all existing and future hnprovemerus, structures,
<br />futures, and replacements that may now, or at any time in the future, be part of the real estate described above (all
<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. 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 $ ),gg,PI ....................... _............... This limitation of amount does
<br />not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly
<br />nude pursuant to this Deed of Trust and does not apply to advances (or interest acemed on such advances) made under the
<br />terns of this Deed of Trost 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 Deed of Trust even
<br />though all or part may not yet he advanced. Nothing in this Deed of Trost, however, shall constitute a commitment to
<br />make additional or future loans or advances in any amount. Any such cormnitment would need to be agreed to in a separate
<br />writing.
<br />4. SECURED DEBT DEFINED. The Icon 'Secured Debt" includes, but is rot limited to, the following:
<br />A. The promissory Octets), comract(s), guaranty(s) or other evidence of debt described below Bud all extensions,
<br />renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested rho(
<br />you include items such as borrowers' names, note amounts. interest rates. nuturiry dares, etc.)
<br />NOTE DATED p301021N THE NAME OF JOHN AND JANICE VERMAAS
<br />NEBRASKA - AGFICULTURALICOMMEPCIAL DEED OF TRUST INUT raPFNMA. FKMCFHAORVAU8EANO NOT FOR CONSUMER PURPOSES) page l orb
<br />®1889 F-1— SMrmv I- S, 11.E, MN Farm PG=-r of 392001
<br />
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