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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />[Xl Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. P.~..l.~.~.QQ~..................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
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<br />
<br />TRUSTOR:
<br />
<br />EMP DEVElDPMENT, LLC, A NEBRASKA CDRPDRATIDN
<br />P.O. BOX 1571
<br />GRANDISLAND,NE 68802
<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 />BANK OF DONIPHAN
<br />P.O. BOX 270
<br />DONI PH AN, NE 68832
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS DF THE STATE OF NEBRASKA
<br />POBOX 27D
<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 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: LOT EIGHT (8), HARDER ESTATES SUBDIVISION IN THE VILLAGE OF CAIRO, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in ............................... H~~~.. . . ......... . . . ...... . . ........ at JPl !"!~~~w~I.~m.. . . . . . . . ........... . . . . . . .
<br />(County)
<br />
<br />... . . . ..... .... . . . . ....... . . . . . . . . . . . .... . . . . . . . ....... . . ..., ...................... .CI\Ill.Q......... . . ...... .. . . ., Nebraska ........ .~~~~:'1;
<br /> .... . ...
<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 futBre, 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 $ ) ~.~,!I.QQ..QQ.. .. .. .. . .. .. .. .. .. .. . .. .. .. .. .. .. .. .... . 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 FlITURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under dIe 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 incll#de items such as borrowers' names, note amounts, interest rates, maturity dates, ete.)
<br />BANK OF DONIPHAN LOAN #37215 DATED 6.19.06, AND ANY EXTENSIONS, MODIFICATIONS, OR RENEWALS THEREOF.
<br />
<br />NEBRASKA" DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~?iJ: @1994 Bankers Systems, Inc.. St. Cloud. MN Form RE.DT-NE 1/30/2002
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<br />(page 1 of 4)
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