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<br />Slate 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 />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. 07; 06.2005.. . . . _ _ ... . . . . . .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />S & W LAND AND INVESTMENTS, INC., A Wyoming Corporation
<br />747 N HASTINGS AVE
<br />HASTINGS, NE 88901
<br />83. 0334406
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Heritage Bank
<br />800 West 3rd
<br />Hastings, NE 68901
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />800 W 3rd Street
<br />P.O. Box 349 Hastings, NE 68901
<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 (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 SOUTHERLY TWENTY -FIVE (25) FEET OF THE WESTERLY TEN (10) FEET OF LOT SEVENTY -ONE (7l) AND THE WESTERLY TEN
<br />(10) FEET OF LOT SEVENTY -TWO (72), IN BUENAVISTA SUBDIVISION, AND ALL OF LOT SIXTY -SIX (66), BUENAVISTA SUBDIVISION, ALL IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ............................... HALL. ............................... at 440 E SOUTH ST
<br />..............................
<br />(County)
<br />............................ ............................... . .................. GR A U . R ........... Nebraska ........6 .. ........
<br />(Address) (City) (ZIP Cade)
<br />Together with all rights, casements, appurtenances, roya!ties, 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 $ 050A ;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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) �� (page 1 of 4)
<br />erEo - ._,...
<br />�" ©1994 Bankers Systems, Inc., St. Cloud, MN Form RE 7/30!2002
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<br />Slate 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 />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. 07; 06.2005.. . . . _ _ ... . . . . . .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />S & W LAND AND INVESTMENTS, INC., A Wyoming Corporation
<br />747 N HASTINGS AVE
<br />HASTINGS, NE 88901
<br />83. 0334406
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Heritage Bank
<br />800 West 3rd
<br />Hastings, NE 68901
<br />47. 0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />800 W 3rd Street
<br />P.O. Box 349 Hastings, NE 68901
<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 (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 SOUTHERLY TWENTY -FIVE (25) FEET OF THE WESTERLY TEN (10) FEET OF LOT SEVENTY -ONE (7l) AND THE WESTERLY TEN
<br />(10) FEET OF LOT SEVENTY -TWO (72), IN BUENAVISTA SUBDIVISION, AND ALL OF LOT SIXTY -SIX (66), BUENAVISTA SUBDIVISION, ALL IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ............................... HALL. ............................... at 440 E SOUTH ST
<br />..............................
<br />(County)
<br />............................ ............................... . .................. GR A U . R ........... Nebraska ........6 .. ........
<br />(Address) (City) (ZIP Cade)
<br />Together with all rights, casements, appurtenances, roya!ties, 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 $ 050A ;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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) �� (page 1 of 4)
<br />erEo - ._,...
<br />�" ©1994 Bankers Systems, Inc., St. Cloud, MN Form RE 7/30!2002
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