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<br /> 200600509 -..J (f)
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<br /> DEED OF TRUST WITH FUTURE ADV ANCES ~
<br />
<br />This DEED OF TRUST is made this 17th day of January, 2006, by and among David D. Roth and
<br />Debra Roth, husband and wife; Douglas L. Roth and Tracey Roth, husband and wife; and Marvin L.
<br />Roth, a single person, hereinafter referred to as "Trustors," whether one or more, whose mailing address is
<br />12368 West Airport Road, Cairo, Nebraska 68824; THE STATE BANK OF CAIRO, a Nebraska
<br />Banking Corporation, hereinafter referred to as "Trustee," whose mailing address is Box 428, Cairo,
<br />Nebraska 68824; and THE STATE BANK OF CAIRO, a Nebraska Banking Corporation, hereinafter
<br />referred to as "Beneficiary," whose mailing address is Box 428, Cairo, Nebraska 68824.
<br />For valuable consideration, Trustors irrevocably grant, transfer, convey and assign to Trustee, in trust,
<br />with power of sale, for the benefit and security of Beneficiary, under and subject to the terms and conditions of
<br />this Deed of Trust, the following described real property located in HALL County, Nebraska:
<br />
<br />A tract ofland comprising a part of the West Half of the Southeast Quarter (WI/2SE1/4) and a part of the East
<br />Half of the ofthe Southwest Quarter (E 1/2SW 1/4), all being in Section Thirty-Two (32), Township Twelve (12)
<br />North, Range Eleven (11) West of the 6th P.M., Hall County, Nebraska, and more particularly described as follows:
<br />
<br />Beginning at the southwest comer of said West Half of the Southeast Quarter (WI/2SE]/4); thence easterly, along
<br />And upon the south line of said West Half of the Southeast Quarter (WI/2SEI/4), a distance of Five Hundred Sixty
<br />Six and Twenty Five Hundreths (566.25) feet to the southwest comer of Butler Second Subdivision; thence deflecting
<br />Left 86.46'25" and running northeasterly, along and upon the west line of said Butler Second Subdivision, a distance
<br />Of Five Hundred Sixty Seven and Fifty Eight Hundreths (567.58) feet to the northwest comer of said Butler Second
<br />Subdivision; thence deflecting right 9000 I '36" and running southeasterly, along and upon the north line of said
<br />Butler Second Subdivision, a distance of Two Hundred Sixty Six and Four Tenths (266.40) feet to the northeast
<br />Comer of said Butler Second Subdivision; thence deflecting right 89058'24" and running southwesterly, along and
<br />Upon the east line of said Butler Second Subdivision, a distance of Five Hundred Fifty Two and Five Tenths (552.50)
<br />Feet to the southeast comer of said Butler Second Subdivision, said point also being on the south line of the West
<br />Half of the Southeast Quarter (WI/2SEI/4); thence deflecting left 93013'35" and running easterly, along and upon
<br />The south line of said West Half of the Southeast Quarter (WI /2SE 1/4), a distance of Four Hundred Eighty Nine
<br />And Seven Hundreths (489.07) feet to the southeast comer of said West Half of the Southeast Quarter (WI/2SE 1/4);
<br />Thence deflecting left 89.39'52" and running northerly, along and upon the east line of said West Half of the South-
<br />East Quarter (WI/2SE1/4), a distance of Five Hundred Eighty Four and Sixty Eight Hundreths (584.68) feet; thence
<br />Deflecting left 65.28'09" and running northwesterly a distance of Eight Hundred Seventy Eight and Ninety Four
<br />Hundreths (878.94) feet; thence deflecting left 7].]3 '28" and running southwesterly, a distance of One Hundred Sixty
<br />Nine and Eighty Two Hundreths (169.82) feet; thence deflecting left 50034'28" and running southeasterly, a distance
<br />Of Six Hundred Eighty Three (683.0) feet; thence deflecting right 126.04 '36" and running northwesterly, a distance
<br />Of Five Hundred Thirty Nine and Thirty Three Hundreths (539.33) feet; thence deflecting left 9500 I '06" and
<br />Running southwesterly, a distance of Four Hundred Fifty Six and Twelve Hundreths (456. ]2) feet to a point on the
<br />South line of said East Half of the Southwest Quarter (EI/2SWI/4) ; thence deflecting left 114'10'55" and running
<br />Easterly, along and upon the south line of said East Half of the Southwest Quarter (El/2SWl/4), a distance of One
<br />Hundred Sixty Four and Two Hundreths (164.02) feet to the point of beginning.
<br />
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges
<br />and appurtenances located thereon, and all personal property that may be or hereafter become an integral part of
<br />such buildings and improvements, all crops raised thereon, and all water rights, all of which, including
<br />replacements and additions thereto, are hereby declared to be a part of the real estate conveyed in trust hereby, it
<br />being agreed that all of the foregoing shall be hereinafter referred to as the "Property."
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />a. Payment of indebtedness evidenced by Trustors' note of even date herewith in the principal sum of
<br />625,000.00 DOLLARS, together with interest at the rate or rates provided therein, and any and all renewals,
<br />modifications and extensions of such note, both principal and interest on the note being payable in accordance
<br />with the terms set forth therein, which by this reference is hereby made a part hereof; and any and all future
<br />advances and readvances to Trustors hereunder pursuant to one ore more promissory notes or credit agreements
<br />(herein called "Note");
<br />b. the payment of other sums advanced by Beneficiary to protect the security of the Note;
<br />c. the performance of all covenants and agreements of Trustor set forth herein; and
<br />d. all present and future indebtedness and obligations of Trustors to Beneficiary whether direct, indirect,
<br />absolute or contingent and whether arising by note, guaranty, overdraft or otherwise;
<br />
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