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<br />200605573 <br /> <br />State of Nebraska <br /> <br />Space Above This Line For Recording Data <br /> <br />D Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is ~:t;I_~___~_~L_?()()fi__, ,__.___________ <br />are as follows: TOMMY L UMMEL JR and CARY K UMMEL, HUSBAND AND WIFE <br />TRUSTOR: <br /> <br />REAL EST A TE DEED OF TRUST <br />(With Future Advance Clause) <br />D Construction Security Agreement <br /> <br />Loan No. 0150246726 <br /> <br />and the parties and their addresses <br /> <br />320 WEST OXNARD <br />GRAND ISLAND, NE 68801 <br /> <br />TRUSTEE: <br /> <br />D Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TierOne Bank <br /> <br />1235 'N' St / P.O. Box 83009 <br />Lincoln, NE 68501 <br />BENEFICIARY: TierOne Bank <br /> <br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501 <br /> <br />Organized and Existing Under the Laws of the United States of America <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure <br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the <br />Beneficiary, with power of sale, the following described property: <br />LOT ONE (1), GAME BIRD SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br /> <br />The property is located in <br /> <br />Hall__________________________ <br />(County) <br /> <br />at 4_~_~_Q___~~~ __~J:~ _ _R,<;>@__________________ <br /> <br />__ __ _ ____ __ __ __ _ _ _ __ G~__ _I_S_~ __ _ _ _ __ __ __ __ __ __ __ _ , N ebra<;ka __ __~_~_~_9J_________ <br />(Address) (City) (ZIP Code) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion <br />payments or third party payments made to crop producers, and all existing and future improvements, structures, fixtures, <br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as <br />"Property"). The term Property also includes, but is not limited to, any and all water wells, water, ditches, reservoirs, <br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however <br />established. <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this <br />Deed of Trust at anyone time shall not exceed $ _4_5_,282_.~~_______________ . This limitation of amount does not include <br />interest, loan charges, commitmcnt fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to <br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed <br />of Trust to protect Beneficiary security and to pcrform any of the covenants contained in this Deed of Trust. Future advances <br />are contemplated and, along with other future obligations, are secured by this Deed of Trust even though all or part may not <br />yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or futurc loans <br />or advances in any amount. Any such commitment would need to be agreed to in a separate writing. <br />4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following: <br />A. The promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all extensions, <br />renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested that <br />you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 06/19/2006 in the original principal sum of $45,282.85 <br /> <br />NEBRASKA _ AGRICULTURAUCOMMERCIAL DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE. AND NOT FOR CONSUMER PUrPOSE5) <br />~ 01993 Bankers Systems. Inc" SI. Cloud, MN Form AGlCO-DT-NE 1/30/2002 <br />q.C164( NE) (0307) VM P Mortgage Solutions (800 )521-7291 <br /> <br />\7U- <br /> <br />Ptit 6 <br />