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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />[XJ Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..................l?:Qn.Q9.~.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />C:7
<br />
<br />("::.;
<br />
<br />TRUSTOR:
<br />
<br />C & S GROUP, LLC
<br />4041 WEST REED ROAD
<br />GRANDISLAND,NE 68801
<br />
<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />PINNACLE BANK
<br />320 G STREET
<br />CENTRAL CITY, NE 68826
<br />
<br />BENEFICIARY:
<br />
<br />PINNACLE BANK. CENTRAL CITY
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />320 G STREET P.O. BOX 28
<br />CENTRAL CITY, NE 68826
<br />
<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: ALL OF LOT SEVEN (7), EXCEPT THE WESTERLY FOUR (4.0) FEET OF THE SOUTHERLY ONE.HUNDRED TWO (102.0) FEET THEREOF;
<br />AND THE EASTERLY THREE (3.0) FEET OF THE NORTHERLY THIRTY (30.0) FEET OF LOT SIX (6). ALL IN BLOCK FIVE (5), RUSSEL WHEELER'S
<br />ADDITION TO THE CITY OF GRANO ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in ............................... H4~l.... . .. . . . ... ........ . . . ........ at 7.1~. 'N.. ~.~~. ~.1~.~~T.. . . . . . . .. . .. . . . . . .......
<br />(County)
<br />
<br />............................................................, ................. .GR4NO.lS~AI\IQ................., Nebraska........ !l.~~P.1........
<br />(Address) (City) (ZIP Code)
<br />
<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 />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ 7.~,.QOp..P.Q........................................ . 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 />A CERTAIN DEBT DATED 12/2/05 IN THE AMOUNT OF $58.400.00 IN THE NAME OF C & S GROUP, LLC AT AN INTEREST RATE OF 6.95%
<br />WITH A MATURITY DATE OF 6/2/06 AND LOAN #1000225864.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />ExfJi=~ @1994 Bankers Systems, Ino" Sl. Cloud, MN Form IlE-DT-NE 1/30/2002
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