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 />
|