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State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 04- 28.2005, , , , , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />MAN PROPERTIES, LLC
<br />4052 NORSEMAN AVE
<br />GRAND ISLAND, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: MIDWEST BANK, N.A,
<br />114W MAIN ST • P0 BOX 219
<br />PIERCE, NE 68767
<br />47.0131280
<br />BENEFICIARY: MIDWEST BANK, N.A.
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE UNITED STATES OF AMERICA
<br />114 W MAIN ST - P 0 BOX 219
<br />PIERCE, NE 68767
<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: LOTS 26 AND 27, IN WILDWOOD SUBDIVISION TO HALL COUNTY, NEBRASKA, A PART OF THE NE114 OF SECTION 12, TOWNSHIP 10 NORTH,
<br />RANGE 10 WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA, MEASURING 200 FEET BY 400 FEET AND WITH ALL APPURTENANCES LOCATED THERON;
<br />AND A TRACT OF LAND COMPRISING A PART OF THE NE114 OF THE NE114 OF SECTION 12, TOWNSHIP 10 NORTH, RANGE 10 WEST OF THE 6TH P.M., HALL
<br />COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF LOT 27, WILDWOOD SUBDIVISION,
<br />HALL COUNTY, NEBRASKA, AND ALSO BEING A POINT ON THE SOUTH LINE OF SAID NE114 OF THE NE114; THENCE NORTHERLY ALONG AND UPON THE EAST
<br />LINE OF SAID LOT 27, A DISTANCE OF 400.00 FEET TO THE NORTHEAST CORNER OF SAID LOT 27; THENCE EASTERLY ALONG AND UPON THE SOUTH LINE OF
<br />COUGAR DRIVE, A DISTANCE OF 40.0 FEET; THENCE SOUTHERLY, PARALLEL WITH THE EAST LINE OF SAID LOT 27, AND ALSO BEING PARALLEL WITH THE
<br />WESTERLY RIGHT -OF -WAY LINE OF HIGHWAYS 281 AND 34, A DISTANCE OF 400.0 FEET TO A POINT ON THE SOUTH LINE OF SAID NE114 OF THE NE114;
<br />THENCE WESTERLY ALONG AND UPON THE SOUTH LINE OF SAID NE114 OF THE NE114 A DISTANCE OF 40.0 FEET TO THE POINT OF BEGINNING.
<br />Theproperty is located in ............................... HALL. ............................... at ..............................................
<br />(County)
<br />............................ ............................... . ................... QR ANP A S LA RQ................. , Nebraska .......................
<br />(Address) (City) (ZIP
<br />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 $ 15. Q, O. QQ•. QQ .......... ............................... 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 />MAN PROPERTIES, LLC LINE OF CREDIT NOTE #56627 IN THE AMOUNT OF $150,000,00 WITH A MATURITY DATE OF 02.28.2015 AND A VARIABLE
<br />INTEREST RATE.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />M Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 113012002
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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 04- 28.2005, , , , , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />MAN PROPERTIES, LLC
<br />4052 NORSEMAN AVE
<br />GRAND ISLAND, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: MIDWEST BANK, N.A,
<br />114W MAIN ST • P0 BOX 219
<br />PIERCE, NE 68767
<br />47.0131280
<br />BENEFICIARY: MIDWEST BANK, N.A.
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE UNITED STATES OF AMERICA
<br />114 W MAIN ST - P 0 BOX 219
<br />PIERCE, NE 68767
<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: LOTS 26 AND 27, IN WILDWOOD SUBDIVISION TO HALL COUNTY, NEBRASKA, A PART OF THE NE114 OF SECTION 12, TOWNSHIP 10 NORTH,
<br />RANGE 10 WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA, MEASURING 200 FEET BY 400 FEET AND WITH ALL APPURTENANCES LOCATED THERON;
<br />AND A TRACT OF LAND COMPRISING A PART OF THE NE114 OF THE NE114 OF SECTION 12, TOWNSHIP 10 NORTH, RANGE 10 WEST OF THE 6TH P.M., HALL
<br />COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF LOT 27, WILDWOOD SUBDIVISION,
<br />HALL COUNTY, NEBRASKA, AND ALSO BEING A POINT ON THE SOUTH LINE OF SAID NE114 OF THE NE114; THENCE NORTHERLY ALONG AND UPON THE EAST
<br />LINE OF SAID LOT 27, A DISTANCE OF 400.00 FEET TO THE NORTHEAST CORNER OF SAID LOT 27; THENCE EASTERLY ALONG AND UPON THE SOUTH LINE OF
<br />COUGAR DRIVE, A DISTANCE OF 40.0 FEET; THENCE SOUTHERLY, PARALLEL WITH THE EAST LINE OF SAID LOT 27, AND ALSO BEING PARALLEL WITH THE
<br />WESTERLY RIGHT -OF -WAY LINE OF HIGHWAYS 281 AND 34, A DISTANCE OF 400.0 FEET TO A POINT ON THE SOUTH LINE OF SAID NE114 OF THE NE114;
<br />THENCE WESTERLY ALONG AND UPON THE SOUTH LINE OF SAID NE114 OF THE NE114 A DISTANCE OF 40.0 FEET TO THE POINT OF BEGINNING.
<br />Theproperty is located in ............................... HALL. ............................... at ..............................................
<br />(County)
<br />............................ ............................... . ................... QR ANP A S LA RQ................. , Nebraska .......................
<br />(Address) (City) (ZIP
<br />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 $ 15. Q, O. QQ•. QQ .......... ............................... 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 />MAN PROPERTIES, LLC LINE OF CREDIT NOTE #56627 IN THE AMOUNT OF $150,000,00 WITH A MATURITY DATE OF 02.28.2015 AND A VARIABLE
<br />INTEREST RATE.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />M Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 113012002
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