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316 REDWOOD ROAD
<br />GRAND ISLAND, NE 68803
<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 />-3e :rei:�ryt- vvatl cover �£.-s, a .the following described - property:.
<br />LOTS ONE (1) AND TWO (2), COUNTRY MEADOWS SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The prp ert y is located ------------------ Hall at324 & 328 REDWOOD ROAD
<br />- - - -- • .......... ----------------------------------------------
<br />- ..- .... . .
<br />(C aunty)
<br />-------------------------------------- - - - - -- ------------- - - - - -' --------------------- GRAND --- SLAND... -. ------- - - - - -- , Nebraska - - - - -- 68803------- -
<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 $ 50, 000._00___________________ _ 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 />are contemplated and, along with other future obligations, arc 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 Thal
<br />you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 07/18/2005 in the original principal sum of $50,000.00
<br />NEBRASKA - AGRICULTURAL /COMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHLMC, FHA ORVAUSE, ANDNOTFORCONSUMERPURPOSES)
<br />�M ©1893 Bankers Systems, Inc., St- Cloud, MN Form AC/CO -0T -NE 1/30/2002 •�-
<br />_Cie NE) (0307) VM P M ortg sge $olutlons (800 )521 -7291
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<br />State of Nebraska
<br />Space Above This Line For Recording
<br />Data
<br />REAL ESTATE DEED OF TRUST.
<br />c�
<br />(With Future Advance Clause) Loan No. 0150233346
<br />® Construction Security Agreement
<br />Master form recorded by
<br />1. DATE AND PARTIES. The date of
<br />this Deed of Trust is Jul - 18, - - - 2005- ------------ - - - - -- and the
<br />Jul- -- -
<br />parties and their addresses
<br />are as follows: GARY EILENSTINE
<br />and LINDA L. EILENSTINE, HUSBAND AY:D WIFE
<br />TRUSTOR: I
<br />316 REDWOOD ROAD
<br />GRAND ISLAND, NE 68803
<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 />-3e :rei:�ryt- vvatl cover �£.-s, a .the following described - property:.
<br />LOTS ONE (1) AND TWO (2), COUNTRY MEADOWS SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />The prp ert y is located ------------------ Hall at324 & 328 REDWOOD ROAD
<br />- - - -- • .......... ----------------------------------------------
<br />- ..- .... . .
<br />(C aunty)
<br />-------------------------------------- - - - - -- ------------- - - - - -' --------------------- GRAND --- SLAND... -. ------- - - - - -- , Nebraska - - - - -- 68803------- -
<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 $ 50, 000._00___________________ _ 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 />are contemplated and, along with other future obligations, arc 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 Thal
<br />you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 07/18/2005 in the original principal sum of $50,000.00
<br />NEBRASKA - AGRICULTURAL /COMMERCIAL DEED OF TRUST (NOT FOR FNMA,FHLMC, FHA ORVAUSE, ANDNOTFORCONSUMERPURPOSES)
<br />�M ©1893 Bankers Systems, Inc., St- Cloud, MN Form AC/CO -0T -NE 1/30/2002 •�-
<br />_Cie NE) (0307) VM P M ortg sge $olutlons (800 )521 -7291
<br />
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