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1 <br />c G n O <br />v o 3> r <br />1711 T (A �\ m m '� <br />Z = cr :. N ' T O cm <br />n N 77�� -„ \' O 1 N <br />>i n 2 O <br />co <br />r O I> <br />c° v rn <br />1 ) <br />W co CD Ica <br />i <br />f <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement c <br />FEBRLLARY..21,R „2002 S <br />DATE AND PARTIES. The date of this Deed of Trust is ........ ,.,....,,, and the parties and their ........... <br />addresses are as follows: O <br />TRUSTOR: GARY TOURNOR MICHELLE. TOURNOR <br />HUSBAND AND WIFE HUSBAND AND WIFE <br />4141 INDIANHEAD DRIVE 4141 INDIANHEAD DRIVE <br />GRAND ISLAND, NE 68803 GRAND ISLAND, NE 68803 <br />SOCIAL SECURITY #: 506 -72 -8491 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: A NEBRASKA CORPORATION <br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA <br />1234 L STREET <br />AURORA, NE 68818 <br />TAXPAYER I.D. #: 47- 0098450 <br />BENEFICIARY: PINMkCLE BANK <br />ORGANIZED AMID EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA <br />P.O. BOX 229 <br />AURORA, NE 68818 <br />TAXPAYER I.D. #: 47- 0098450 <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: LOT THIRTEEN (13) , <br />INDIANHEAD SUBDIVISION, IN THE CITY OF GRAM ISLAND, HALL COUNTY, NEBRASKA. <br />Theproperty is located in ..H� .............................. ............................... at ............. ............................... <br />(County) <br />4141 „II7[JIPNFIFAD, DRIVE .........................GRA . ISLAND ................... Nebraska ..... 68803.................. <br />(Address) (City) (ZIP 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 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 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 $ 65, 056; 00..., This limitation of amount does <br />not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly <br />made pursuant to this Deed of Trust and does not apply to advances (or interest accrued on such advances) 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 are contemplated and, along with other future obligations, are secured by this Deed of Trust 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 advances in any amount. Any such commitment would need to be agreed to in a separate <br />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, etc.) <br />PROMISSORY NOTES DATED FEBRUARY 21, 2002 <br />NEBRASKA - AGRICULTURAL /COMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSESI Page r of 6 <br />Ejr�,� ® 1993 Banka,s Systems, Inc -,loud, MN Form AG/CO-DT-NE 31812001 <br />