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W <br />pxp <br />V <br />State al'Nehraska Space Above This Line For Recording Data <br />\\ REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement <br />0 <br />0 <br />O <br />rn <br />N <br />m <br />n <br />e <br />R <br />Vac <br />O <br />-S- <br />IS' <br />1. DATE AND PARTIES. The date of this Deed of Trust is ... _ .............Ql:MOO2 0 <br />............._.. and the parties and their <br />addresses are as follows: <br />TRUSTOR: Bruce W. Reeder, A Single Person <br />6720 Wiseman Road <br />Shelton, NE 68876 <br />50684.2482 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Tmsmrs. <br />'IRUSTEF,: Heritage Bank <br />110 E 9th Street, P.O. Box 487 <br />Wood River, BE 68883 <br />470098350 <br />BENEFICIARY: Heritage Bank <br />Organized and existing under the laws of the state of Nebraska <br />110 East 9111 Street <br />P.O. Box 487 Wood River, NE 68883 <br />470098350 <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) , FFastor 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 />SEE ATTACHED "EXHIBIT A" <br />The property is located in .............. Hall........ ... .............. at . .. <br />(Couary7 <br />.. ................. <br />(.lddrese <br />._........... ........ .... Nebraska <br />) ���� (Girt' <br />............... <br />._._ - -(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 art existing and furore improvements, structures, <br />fixtures, and replacemems that my 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 Securer) Debt (hereafter defined) secured by this <br />Deed of Trust at any one time shall not exceed $ 245 ,,Hgp;O,,Q „_,,,- .............. . ....... . This limitation of atnount does <br />not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly <br />made pursuant to this Decd 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 Deal of Trust even <br />though all or pan 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), comments), 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 Note dated 14 2002 in the amount of 5168,000 and executed by Bruce W. Reeder. <br />NEBRASKA AGBICULTURALICOMMERCIAL DEED OF TRUST INOT FOR FIIMA, Force FDA OR VA USE AND NOT FOR CONCUMEN PURPOSESs A.,I f6 <br />,uNL�. I1O9 Henkers5ynam41. 5, Ol-d MN I. — Alive.1m Alr12..l <br />-` <br />ti <br />FIT <br />C <br />z <br />p <br />0 <br />s <br />>, <br />G' <br />Sgplj <br />r n <br />n <br />State al'Nehraska Space Above This Line For Recording Data <br />\\ REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement <br />0 <br />0 <br />O <br />rn <br />N <br />m <br />n <br />e <br />R <br />Vac <br />O <br />-S- <br />IS' <br />1. DATE AND PARTIES. The date of this Deed of Trust is ... _ .............Ql:MOO2 0 <br />............._.. and the parties and their <br />addresses are as follows: <br />TRUSTOR: Bruce W. Reeder, A Single Person <br />6720 Wiseman Road <br />Shelton, NE 68876 <br />50684.2482 <br />❑ Refer to the Addendum which is attached and incorporated herein for additional Tmsmrs. <br />'IRUSTEF,: Heritage Bank <br />110 E 9th Street, P.O. Box 487 <br />Wood River, BE 68883 <br />470098350 <br />BENEFICIARY: Heritage Bank <br />Organized and existing under the laws of the state of Nebraska <br />110 East 9111 Street <br />P.O. Box 487 Wood River, NE 68883 <br />470098350 <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) , FFastor 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 />SEE ATTACHED "EXHIBIT A" <br />The property is located in .............. Hall........ ... .............. at . .. <br />(Couary7 <br />.. ................. <br />(.lddrese <br />._........... ........ .... Nebraska <br />) ���� (Girt' <br />............... <br />._._ - -(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 art existing and furore improvements, structures, <br />fixtures, and replacemems that my 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 Securer) Debt (hereafter defined) secured by this <br />Deed of Trust at any one time shall not exceed $ 245 ,,Hgp;O,,Q „_,,,- .............. . ....... . This limitation of atnount does <br />not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly <br />made pursuant to this Decd 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 Deal of Trust even <br />though all or pan 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), comments), 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 Note dated 14 2002 in the amount of 5168,000 and executed by Bruce W. Reeder. <br />NEBRASKA AGBICULTURALICOMMERCIAL DEED OF TRUST INOT FOR FIIMA, Force FDA OR VA USE AND NOT FOR CONCUMEN PURPOSESs A.,I f6 <br />,uNL�. I1O9 Henkers5ynam41. 5, Ol-d MN I. — Alive.1m Alr12..l <br />