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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />[J Construction Security Agreement
<br />'.. [J Master form recorded by .............................
<br />1. DATE AND PARTIES. The da-te bTlfiiS-Ueed of Trust (Security In~tntment) i~ ..................P.H.1:7.QQ~..................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />TRUSTOR:
<br />
<br />D.B.T., LLC, A NEBRASKA COMPANY
<br />2514 S LOCUST ST
<br />GRAND ISLAND, NE 6BBDl
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<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />BANK OF DONIPHAN
<br />P.O. BOX 270
<br />DONIPHAN, NE 6BB32
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />DONIPHAN, NE 68832.0270
<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 undcr 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: LOT FOUR (41 IN BLOCK ONE (11, IN BOGGS AND HILLS'S ADDITION TO THE CITY OF GRANO ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in ............................... H~ll.. . .. .. .. .. .. . .. .. .. . .. .. . .. .... at ) .B.l. ~ .~. m:~ .~T.. .. .. .. .. .. .. .. .. .. .. .. .. .. ..
<br />(County)
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<br />. ........ . . . .. . . . . . . .......... ........... . . . ... . . . ........ . ., .................. .GBAND.lSl~N.O.. . ... . . . .......... Nebraska ........ .~Q~P.~........
<br />(Address) (City) (ZIP Code)
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<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 $ JP-PfJ.Q.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 />BOD LOAN # 36683 DATED 1-31-06, WITH ANY EXTENSIONS, MODIFICATIONS, OR RENEWALS THEREOF
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />
<br />~ @1994 Bankers Systems, lnc.. St. Cloud. MN form J1F.DT.NE 1/30/2002
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