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YI <br />X <br />M <br />T <br />!1 (� 7 <br />n = <br />M fn' <br />n x1 <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement i <br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..................05,- 142002,,,,.,.,,,,,,,,,,, <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: CRAIG L. WHITE AND VONNIE D. WHITE, HUSBAND AND WIFE <br />2565 W PLATTE RIVER RD <br />DONIPHAN, NE 68832 <br />506.84.0527 506.72.8857 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: BANK OF DONIPHAN <br />P 0 BOX 270 <br />DONIPHAN, NE 68832 -0270 <br />47. 0490809 <br />BENEFICIARY: BANK OF DONIPHAN <br />P 0 BOX 270 <br />DONIPHAN, NE 68832 -0270 <br />47- 0490809 <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: THE NORHEAST QUARTER INE1141OF SECTION FOURTEEN (14), IN TOWNSHIP NINE (9), OF RANGE TEN 1101 WEST OF THE 6TH P.M., HALL <br />COUNTY, NEBRASKA. <br />The property is located in ............................... HAL.. ............................... at ............... ............................... <br />(County) <br />............................. ............................... ...... ............... t MT11M..................... Nebraska ........ 68832 ........ <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 350, 00, 00 .......... ............................... This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />WHITE FARMS TRUCKING, INC. <br />PROMISSORY NOTE DATED MAY 14,2002 IN THE AMOUNT OF FORTY EIGHT THOUSAND SIXTY AND N011001548,060.001 DUE AND PAYABLE OF <br />AUGUST 1, 2003. <br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 47 <br />©1994 Bankeu Synema. Inc., St. Cloud, MN 11- 800 -397 -23411 Farm RE -OT -NE 10127/97 <br />rn <br />r <br />m <br />CMG <br />Q. <br />y <br />R <br />C <br />CD <br />CD <br />O <br />c <br />� � <br />N <br />O <br />O <br />c n <br />N <br />a^� <br />O <br />O <br />T <br />Cil <br />'n <br />/ <br />Z <br />N <br />n <br />n m <br />p <br />© <br />3 <br />r <br />n <br />cn <br />s <br />� <br />�c <br />N <br />O <br />v v <br />CA3 <br />C--) <br />co <br />co <br />co <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement i <br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..................05,- 142002,,,,.,.,,,,,,,,,,, <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: CRAIG L. WHITE AND VONNIE D. WHITE, HUSBAND AND WIFE <br />2565 W PLATTE RIVER RD <br />DONIPHAN, NE 68832 <br />506.84.0527 506.72.8857 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: BANK OF DONIPHAN <br />P 0 BOX 270 <br />DONIPHAN, NE 68832 -0270 <br />47. 0490809 <br />BENEFICIARY: BANK OF DONIPHAN <br />P 0 BOX 270 <br />DONIPHAN, NE 68832 -0270 <br />47- 0490809 <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described <br />property: THE NORHEAST QUARTER INE1141OF SECTION FOURTEEN (14), IN TOWNSHIP NINE (9), OF RANGE TEN 1101 WEST OF THE 6TH P.M., HALL <br />COUNTY, NEBRASKA. <br />The property is located in ............................... HAL.. ............................... at ............... ............................... <br />(County) <br />............................. ............................... ...... ............... t MT11M..................... Nebraska ........ 68832 ........ <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 350, 00, 00 .......... ............................... This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under <br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this <br />Security Instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described <br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />WHITE FARMS TRUCKING, INC. <br />PROMISSORY NOTE DATED MAY 14,2002 IN THE AMOUNT OF FORTY EIGHT THOUSAND SIXTY AND N011001548,060.001 DUE AND PAYABLE OF <br />AUGUST 1, 2003. <br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 47 <br />©1994 Bankeu Synema. Inc., St. Cloud, MN 11- 800 -397 -23411 Farm RE -OT -NE 10127/97 <br />rn <br />r <br />m <br />CMG <br />Q. <br />y <br />R <br />C <br />CD <br />CD <br />O <br />