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<br />1. DATE AND PARTIES. The date of this Deed of Trust is ....... ........... 06;27;2002,.,,,,,,,,.._.__ and the parties and their
<br />addresses are as follows:
<br />TRUSTOR: Garry L. Thompson and Rosie Thompson, Husband and Wife
<br />308 Beachwood Drive
<br />Grand Island, NE 68803.3905
<br />507 -66 -0943
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.D. Box 5138
<br />Grand Island, NE 68802 -5138
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Webb Road
<br />P.O. Box 5138 Grand Island, NE 68802
<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 proalf perty:
<br />Commencingat a point Six (6) rods south of the Northeast corner of the East H of the Southeast Quarter (E112 SE114) of Section Four
<br />(4), Township Eleven 1111 North, Range Nine (91 West of hte 6th P.M. Hall County, Nebraska, on the East line of said East Half of the
<br />Southeast Quarter(E112SE114), thence running south Twenty (20) rods, along east line, thence running west Eighty (80) rods, thence
<br />running north parrell with said east line Twenty (20) rods, thence running east Eighty (80) rods to the place of beginning.
<br />The property is located in ... ............................... Hal)............... I............... at ..._...._.. 2820 St..Paul. Road,,,..,....
<br />(County)
<br />.................... ............................... Grand lsl and. .............................., Nebraska ............68801............
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, casements, 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 $ 60, 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 dates, etc.)
<br />Universal Note dated 6 -27 -02 executed by Garry L. Thompson and Rosie Thompson dlbla Thompson Tree Service
<br />NEBRASKA AGRICULTURALICOMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHIMC,FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) peg off,
<br />F.c/J` /U 1993 Bankoo Systems, Inc., St Cloud, MN Form A6/60- DT -N;,_ 3/W2001 a 44 ,,
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<br />State of Nebraska
<br />Space Above This Line
<br />For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑
<br />Construction Security Agreement
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<br />1. DATE AND PARTIES. The date of this Deed of Trust is ....... ........... 06;27;2002,.,,,,,,,,.._.__ and the parties and their
<br />addresses are as follows:
<br />TRUSTOR: Garry L. Thompson and Rosie Thompson, Husband and Wife
<br />308 Beachwood Drive
<br />Grand Island, NE 68803.3905
<br />507 -66 -0943
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.D. Box 5138
<br />Grand Island, NE 68802 -5138
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Webb Road
<br />P.O. Box 5138 Grand Island, NE 68802
<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 proalf perty:
<br />Commencingat a point Six (6) rods south of the Northeast corner of the East H of the Southeast Quarter (E112 SE114) of Section Four
<br />(4), Township Eleven 1111 North, Range Nine (91 West of hte 6th P.M. Hall County, Nebraska, on the East line of said East Half of the
<br />Southeast Quarter(E112SE114), thence running south Twenty (20) rods, along east line, thence running west Eighty (80) rods, thence
<br />running north parrell with said east line Twenty (20) rods, thence running east Eighty (80) rods to the place of beginning.
<br />The property is located in ... ............................... Hal)............... I............... at ..._...._.. 2820 St..Paul. Road,,,..,....
<br />(County)
<br />.................... ............................... Grand lsl and. .............................., Nebraska ............68801............
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, casements, 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 $ 60, 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 dates, etc.)
<br />Universal Note dated 6 -27 -02 executed by Garry L. Thompson and Rosie Thompson dlbla Thompson Tree Service
<br />NEBRASKA AGRICULTURALICOMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHIMC,FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) peg off,
<br />F.c/J` /U 1993 Bankoo Systems, Inc., St Cloud, MN Form A6/60- DT -N;,_ 3/W2001 a 44 ,,
<br />
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