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TRUSTOR:
<br />SHAFER PROPERTIES, LLC
<br />819 Biers Ave., -ckdte 1
<br />(wand Island, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />ARCHER COOPERATIVE
<br />2121 ARCHER ROAD
<br />ARCHER, NE 68816
<br />BENEFICIARY:
<br />ARCHER COOPERATIVE
<br />CREDIT UNION
<br />2121 ARCHER RD.
<br />ARCHER, NE 68816
<br />CREDIT UNION
<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:
<br />LOT TWENTY-TWO (22), COUNTRY MEADOWS SECOND SUBDIVISION, IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Theproperty is located in ..................................... ............................... at ............... ...............................
<br />(County)
<br />QF, wit?.. X BjLAn p .............................. . Nebraska .......................
<br />(Address) (City) (ZIP 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 $ .... We000 - QQ .. ............................... I 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 />Prattissary rx)W dated 8 -30-05 dr wiM fifer Pry ; es, = as borrower in the a=rt
<br />t
<br />Of $60,000.00. Note maturity date of 2- 28-06.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLNIC, FHA OR VA USE) page 1 Of 4)
<br />Ex1- —o- iLa <) 1994 Bankers Systems, Inc., St. Cloud, MN Form RE•DT•NE 1/30/2002
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<br />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
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<br />.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..2.gkm 8-3D-05 ..................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />SHAFER PROPERTIES, LLC
<br />819 Biers Ave., -ckdte 1
<br />(wand Island, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />ARCHER COOPERATIVE
<br />2121 ARCHER ROAD
<br />ARCHER, NE 68816
<br />BENEFICIARY:
<br />ARCHER COOPERATIVE
<br />CREDIT UNION
<br />2121 ARCHER RD.
<br />ARCHER, NE 68816
<br />CREDIT UNION
<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:
<br />LOT TWENTY-TWO (22), COUNTRY MEADOWS SECOND SUBDIVISION, IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Theproperty is located in ..................................... ............................... at ............... ...............................
<br />(County)
<br />QF, wit?.. X BjLAn p .............................. . Nebraska .......................
<br />(Address) (City) (ZIP 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 $ .... We000 - QQ .. ............................... I 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 />Prattissary rx)W dated 8 -30-05 dr wiM fifer Pry ; es, = as borrower in the a=rt
<br />t
<br />Of $60,000.00. Note maturity date of 2- 28-06.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLNIC, FHA OR VA USE) page 1 Of 4)
<br />Ex1- —o- iLa <) 1994 Bankers Systems, Inc., St. Cloud, MN Form RE•DT•NE 1/30/2002
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