TRUSTOR: MERRILL J. WISSING
<br />4218 S 190TH RD
<br />SHELTON,NE 68876 -9713
<br />505.82.7185
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE:
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.O. Box 487 Wood River, NE 68883
<br />47- 0098350
<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 />NW114 14.9N -12W, HALL COUNTY, NEBRASKA
<br />Theproperty is located in ....................................... ............................... at ............. ...............................
<br />(County)
<br />........................... ............................... ............... ..............................I Nebraska . ...............................
<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 $ 175, 000;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 dares, etc.)
<br />NEBRASKA - AGRICULTURALICOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FInMC, FHA OR VA USE, ANO NOT FOR CONSUMER PURPOSES) page 1 of 6
<br />E , � FU 1993 Bankers Systems. Inc., St. Cloud, MN Form AG/CO-DT-NE 31812001
<br />p r) n
<br />FT
<br />1
<br />C m CA
<br />c
<br />cn cn
<br />o
<br />(
<br />S(A p R
<br />�L
<br />N
<br />O i
<br />z
<br />N
<br />`V
<br />=
<br />0
<br />1 M.
<br />o C2.
<br />O
<br />C�
<br />N
<br />O �t
<br />y
<br />-73
<br />3> (~
<br />O to
<br />ri
<br />(�
<br />—j
<br />�
<br />O
<br />• y
<br />State of Nebraska Space Above This
<br />Line For
<br />Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />On
<br />1. DATE AND PARTIES. The date of this Deed of Trust is .....................02-21-2002
<br />J
<br />and the parties and their c
<br />addresses are as follows:
<br />TRUSTOR: MERRILL J. WISSING
<br />4218 S 190TH RD
<br />SHELTON,NE 68876 -9713
<br />505.82.7185
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE:
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 9th Street
<br />P.O. Box 487 Wood River, NE 68883
<br />47- 0098350
<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 />NW114 14.9N -12W, HALL COUNTY, NEBRASKA
<br />Theproperty is located in ....................................... ............................... at ............. ...............................
<br />(County)
<br />........................... ............................... ............... ..............................I Nebraska . ...............................
<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 $ 175, 000;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 dares, etc.)
<br />NEBRASKA - AGRICULTURALICOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FInMC, FHA OR VA USE, ANO NOT FOR CONSUMER PURPOSES) page 1 of 6
<br />E , � FU 1993 Bankers Systems. Inc., St. Cloud, MN Form AG/CO-DT-NE 31812001
<br />
|