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fl If checked, refer to the attached Addendum incorporated herein, for additional Tmsmr%, their signatures and acknowledgments. TRUSTEE: BANK OF ODNIPHAN P.O. BOX 270 DONIPHAN, NE 68832 47. 0490008 BENEFICIARY: BANK OF DONIPHAN ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA P 0 BOX 270 DONIPHAN, NE 688320270 470490809 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Tmstor's performance under this Security Instrument, Trusmr irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: LOT TWO 12), IN PLEASANT VIEW THIRTEENTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA The property is located in ............................... HALL.... ................. at 1116AIMPN OR............._............. (Couany) ........._. ................. I ................... GFAN0.ISL RU .............. Nebraska ........68001......... (Aaarea %1 (CRY) (zle coael Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be pant of the real estate described above (all referred to as "Property "). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount seemed by this Security Instrument at any one time shall not exceed $ I2fiAA0..49 ........ ........... _ ................... This Iimiu tiun of amount does not include interest and other tees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt' is defiled as follows: A. Debt incurred under the terms of all promissory onsets), contract(s), guaranty(%) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is suggested that you include Dears such as borrowers' names, note amounts, interest rates, mnnrrity dates, etc.) BANK OF UONIPHAN LOAN BATED 5905. AND ANY EXTENSIONS, MODIFICATIONS AND RENEWALS THEREOF. NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, DIA OR VA USE) (page r of 4) -'175,7"Ar V'11oC Benken SVeeema, I1e..51 CIwtl, MN Fmm PE RT -NE 111.IM02 I t7 n M W xD A Z� n i `^ o ON m � PC 2 Q.t ca r �� Vl Ca In Slate of Nebraska Spam Above This Line For Recording DOES '"` DEED OF TRUST (With Future Advance Clause) 200504285 }'o' 14 Construction Security Agreement Sc ❑ Master form recorded by ............................. 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instmmeno is _ ........... .....05092005...._............. and the parties, their addresses and tax identification numbers, if required, are as follows: TRUSTOR: EMP DEVELOPMENT, LIT, A NEBRASKA CORPORATION 1004 DIERS AVENUE, STE 310 GRAND ISLAND, NE 68003 fl If checked, refer to the attached Addendum incorporated herein, for additional Tmsmr%, their signatures and acknowledgments. TRUSTEE: BANK OF ODNIPHAN P.O. BOX 270 DONIPHAN, NE 68832 47. 0490008 BENEFICIARY: BANK OF DONIPHAN ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA P 0 BOX 270 DONIPHAN, NE 688320270 470490809 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Tmstor's performance under this Security Instrument, Trusmr irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: LOT TWO 12), IN PLEASANT VIEW THIRTEENTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA The property is located in ............................... HALL.... ................. at 1116AIMPN OR............._............. (Couany) ........._. ................. I ................... GFAN0.ISL RU .............. Nebraska ........68001......... (Aaarea %1 (CRY) (zle coael Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be pant of the real estate described above (all referred to as "Property "). 3. MAXIMUM OBLIGATION LIMIT. The total principal amount seemed by this Security Instrument at any one time shall not exceed $ I2fiAA0..49 ........ ........... _ ................... This Iimiu tiun of amount does not include interest and other tees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt' is defiled as follows: A. Debt incurred under the terms of all promissory onsets), contract(s), guaranty(%) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is suggested that you include Dears such as borrowers' names, note amounts, interest rates, mnnrrity dates, etc.) BANK OF UONIPHAN LOAN BATED 5905. AND ANY EXTENSIONS, MODIFICATIONS AND RENEWALS THEREOF. NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, DIA OR VA USE) (page r of 4) -'175,7"Ar V'11oC Benken SVeeema, I1e..51 CIwtl, MN Fmm PE RT -NE 111.IM02