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State of Nebraska <br />Space Above This Line For Recording Data <br />r <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) Loan No. 0150233434 <br />❑ Construction Security Agreement U\ <br />0 Master form recorded by <br />]. DATE AND PARTIES. The date of this Decd of Trust is Aug 11, 2005 and the parties and their addresses <br />are as follows: GORDON D. COBLE and LORI L, COBLE, HUSBAND AND WIFE <br />TRUSTOR: I <br />670 12TH AVENUE <br />ST PAUL, NE 68873 <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: Tierpna 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 />LOT NINE (9), BLOCK TEN (10), IN UNIVERSITY PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, <br />NEBRASKA. <br />The property is located in ----------------------------- all------------------------ - - - - -- at 2216_ NORTH__ HOWARD -------------------------------- <br />(County) <br />----------------- - - - - -- I --------------------- GRAND --- sLAND---------------- - - - - -- 1 Nebraska - - - - -- 68803------- - <br />(Address) (City) ('LIP Code) <br />Together with all rights, eascmcnts, 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 $ 5f->_,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, 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 />a. 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 08/11/2005 in the original principal sum of $56,000.00 <br />NEBRASKA - AGRICULTURAUCOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE AND NOT FOR CONSUMERPURI-OSES) p e 1 of 6 <br />E-(D 1993 Bankers Systems, Inc., St- Cloud, MN Form AG/CO -DT -NE 1/30/2002 <br />4( NE) (0307) VM P Mortgage Solutions (800)521-7291 <br />rn <br />M <br />c <br />CD <br />Z <br />-a <br />.. <br />c7 <br />Cn— <br />N — <br />con <br />t -► <br />o <br />t--4 <br />"T1 <br />C! 1 <br />\ <br />)•... <br />rte-- x7 <br />__j <br />0 <br />C,.3 <br />� <br />CID <br />�I <br />Z <br />tv <br />cn <br />State of Nebraska <br />Space Above This Line For Recording Data <br />r <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) Loan No. 0150233434 <br />❑ Construction Security Agreement U\ <br />0 Master form recorded by <br />]. DATE AND PARTIES. The date of this Decd of Trust is Aug 11, 2005 and the parties and their addresses <br />are as follows: GORDON D. COBLE and LORI L, COBLE, HUSBAND AND WIFE <br />TRUSTOR: I <br />670 12TH AVENUE <br />ST PAUL, NE 68873 <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: Tierpna 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 />LOT NINE (9), BLOCK TEN (10), IN UNIVERSITY PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, <br />NEBRASKA. <br />The property is located in ----------------------------- all------------------------ - - - - -- at 2216_ NORTH__ HOWARD -------------------------------- <br />(County) <br />----------------- - - - - -- I --------------------- GRAND --- sLAND---------------- - - - - -- 1 Nebraska - - - - -- 68803------- - <br />(Address) (City) ('LIP Code) <br />Together with all rights, eascmcnts, 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 $ 5f->_,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, 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 />a. 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 08/11/2005 in the original principal sum of $56,000.00 <br />NEBRASKA - AGRICULTURAUCOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE AND NOT FOR CONSUMERPURI-OSES) p e 1 of 6 <br />E-(D 1993 Bankers Systems, Inc., St- Cloud, MN Form AG/CO -DT -NE 1/30/2002 <br />4( NE) (0307) VM P Mortgage Solutions (800)521-7291 <br />