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<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause) Loan No. 0150222834
<br />❑
<br />Construction Security Agreement
<br />..3
<br />1. DATE AND PARTIES. The date of this Deed of Trust is Mar 1$,___2005 and the parties and their addresses
<br />are as follows: COONEY PROPERTIES, INC., A NEBRASKA CORPORATION
<br />TRUSTOR: I
<br />239 SOUTH LAKESIDE DRIVE
<br />GRAND S, NE 68801
<br />= Refer to the Addendum which is attached and incorporated herein for additional Trustors,
<br />TRUSTEE: TierOne Bank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY: Tierone Bank
<br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the
<br />Beneficiary, with power of sale, the following described property:
<br />PARCEL 1: The Easterly Thirty -Three (33) feat of Fractional Lot Six (6), in Fractional Block
<br />One Hundred and Four (104), in Railroad Addition to the City of Grand island, Hall County,
<br />Nebraska and its complement: Fractional Lot Six (6), in Fractional Block One Hundred and Four
<br />(104), in Koenig & Wiebe's Addition to the City of Grand Island, Hall County, Nebraska.
<br />PARCEL 2: The Northerly Fifty -Eight (58) feet of Lot Eight (8), of Block One Hundred
<br />Twenty -Eight (128), in Koenig and Wiebe's Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />The property is located in Hall at 416 w CHARLES _AND- 314 S ELM
<br />(County)
<br />GRAND ISLAND Nebraska 68801
<br />-- ------ - ----- '
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion
<br />payments or third party payments made to crop producers, and all existing and future improvements, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as
<br />"Property"). The term Property also includes, but is not limited to, any and all water wells, water, ditches, reservoirs,
<br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however
<br />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 $ 77._,$09. -92 ... .. ........... This limitation of amount does not include
<br />interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to
<br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed
<br />of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of Trust. Future advances
<br />arc contemplated and, along with other future obligations, are secured by this Deed of Trust even though all or part may not
<br />yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or future loans
<br />or advances in any amount. Any such commitment would need to be agreed to in a separate 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 />.A Promissory Note dated 03/18/2005 in the original principal sum, of $71,809.92
<br />NEBRASKA - AORICULTURAUCOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE AND NOT FORCONSUMERPURPOSES) / �7 p 1 of 6
<br />/ 01993 Bankers Systems, Inc., St. Cloud, MN Form ACdCO4)T•NE 1130/2002
<br />C C164(NE) (0307) VMP Mortgage Solutions (800)521.7291
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<br />Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause) Loan No. 0150222834
<br />❑
<br />Construction Security Agreement
<br />..3
<br />1. DATE AND PARTIES. The date of this Deed of Trust is Mar 1$,___2005 and the parties and their addresses
<br />are as follows: COONEY PROPERTIES, INC., A NEBRASKA CORPORATION
<br />TRUSTOR: I
<br />239 SOUTH LAKESIDE DRIVE
<br />GRAND S, NE 68801
<br />= Refer to the Addendum which is attached and incorporated herein for additional Trustors,
<br />TRUSTEE: TierOne Bank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY: Tierone Bank
<br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the
<br />Beneficiary, with power of sale, the following described property:
<br />PARCEL 1: The Easterly Thirty -Three (33) feat of Fractional Lot Six (6), in Fractional Block
<br />One Hundred and Four (104), in Railroad Addition to the City of Grand island, Hall County,
<br />Nebraska and its complement: Fractional Lot Six (6), in Fractional Block One Hundred and Four
<br />(104), in Koenig & Wiebe's Addition to the City of Grand Island, Hall County, Nebraska.
<br />PARCEL 2: The Northerly Fifty -Eight (58) feet of Lot Eight (8), of Block One Hundred
<br />Twenty -Eight (128), in Koenig and Wiebe's Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />The property is located in Hall at 416 w CHARLES _AND- 314 S ELM
<br />(County)
<br />GRAND ISLAND Nebraska 68801
<br />-- ------ - ----- '
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion
<br />payments or third party payments made to crop producers, and all existing and future improvements, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as
<br />"Property"). The term Property also includes, but is not limited to, any and all water wells, water, ditches, reservoirs,
<br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however
<br />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 $ 77._,$09. -92 ... .. ........... This limitation of amount does not include
<br />interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to
<br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed
<br />of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of Trust. Future advances
<br />arc contemplated and, along with other future obligations, are secured by this Deed of Trust even though all or part may not
<br />yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or future loans
<br />or advances in any amount. Any such commitment would need to be agreed to in a separate 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 />.A Promissory Note dated 03/18/2005 in the original principal sum, of $71,809.92
<br />NEBRASKA - AORICULTURAUCOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE AND NOT FORCONSUMERPURPOSES) / �7 p 1 of 6
<br />/ 01993 Bankers Systems, Inc., St. Cloud, MN Form ACdCO4)T•NE 1130/2002
<br />C C164(NE) (0307) VMP Mortgage Solutions (800)521.7291
<br />
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