|
200203222
<br />State of Nehrasi;a Space Above This Line For lRecording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />1, DATE AND PARTIES. The date of thrx Deed of Trust is ......... . .03.19-200.2... ..... ....... and the parties and their
<br />addresses are as follows:
<br />TRUSTOR: JAMES D. RILEY AND SHARON RILEY AKA SHARON J. RILEY, HUSBAND AND WIFE
<br />8069 S MCGUIRE RD
<br />WOOD RIVER, NE 68883
<br />50546 -6667, 508 52 1773
<br />Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: BANK OF DONIPHAN
<br />P 0 BOX 270
<br />DONIPHAN, NE 688320270
<br />470490809
<br />BENEFICIARY: BANK OF DONIPHAN
<br />P 0 BOX 270
<br />DONIPHAN, NE 688320270
<br />117.0490809
<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), Truslor 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 />PARCEL 1: THE SOUTHWEST QUARTER GWIM OF SECTION TWENTY SEVEN 127) IN TOWNSHIP FOURTEEN 114) NORTH, RANGE THIRTEEN 113), WEST OF THE
<br />6TH P.M., SHERMAN I=r, NEBRASKA.
<br />AND / COUNTY
<br />PARCEL 2: LDT ONE 11) ALSO KNOWN AS THE NORTHEAST QUARTER OF THE NORTEAST QUARTER NEIANEI I4) OF SECTION FIVE 151, TOWNSHIP TEN 110)
<br />NORTH, RANGE TWELVE 112) WEST OF THE 6TH P.M., IN HALL COUNTY,NEBRASKA.
<br />The property is located in ......................... HALL ANl) SHE $MAN......................... at ............. ...............................
<br />(County)
<br />.................... ....._ ................... ..........., ............ ............................ ...., Nebraska . ...............................
<br />(Address) (City) 011 Cale)
<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 die 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. MAXENIUM OBEIGATION EIMIT. The total principal amount of the Secured Debt (hereaiici defined) secured by this
<br />Deed of Trust at any one time shall not exceed S 70,000,00,.. ......... This limitation of amount does
<br />not include interest, loan charges, commitment fees, brokerage comnxissions, attorneys tees 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. FUdUre 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 />snake additional or future loans or advances in any amount. Any such commitment wound need to be agreed to in a separate
<br />writing,
<br />4. SECURED DEBT DEFINED. The tern[ Secured Debt" includes, but is not limited to, the following: ;
<br />A. The promissory Florets) comract(s), guarantt(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 burrowers names, note arnountt, interest rates, maturity dates, etc.)
<br />JAMES D. RILEY AND SHARON RILEY AKA SHARON J. RILEY
<br />PROMISSORY NOTE DATED MARCH 19, 2002. IN THE AMOUNTOF SEVENTY THOUSAND AND ND1100(S70,000.00), DUE AND PAYABLE ON OCTOBER
<br />15, 2004
<br />NEBRASKA- AGRICULTURAL /COMMERCIAL DEED OF TRUST (NOT FOR FNMA.FHLMC, FHACHVA USE, AND NOT FOR CONSUMER PURPOSES) POST, 7o76 ,A
<br />F�irc v_ L't993 Ran4are Av�rome Inr Sf Cln::d MN Pmm� Af: /CO -t�T NF 2/R /900[
<br />
|