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<br />
<br />Space Above This Line For Recording Data
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<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by.............................
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. P.6:7.~-?qQf,1. . . . . . . . . . . . . . . . . .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />1.
<br />
<br />TRUSTOR:
<br />
<br />WOOD RIVER MOTEL, INC. ALSO KNOWN AS WOOD RIVER MOTELS, INC., A NEBRASKA CORPORATION
<br />1 1970 W PLATTE RIVER ROAD
<br />PROSSER,NE 6BBB3
<br />
<br />~t,. 5 D
<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 />FIRST STATE BANK
<br />119 C STREET, POBOX 639
<br />SHELTON,NE 68876
<br />
<br />BENEPICIARY:
<br />
<br />FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />119 C STREET
<br />POBOX 639 SHELTON, NE 68876
<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 perfonnance 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: SEE EXHIBIT "A"
<br />
<br />The property is located in ............................... H,m. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. at .1.1.~?9.VJ. P.LA 1T~. ~!Ym ~.q4P. .. .. . . . . . . .
<br /> . . . . . .
<br />(County)
<br />
<br />. . . ...... . . . . . . . . . .. . . . . ... .. ..... . . .. . ....... . . . . . . . .. .. . . ., ................... .W.QOD. RiYER . . . . . . . . . . . . . . . . . . ., Nebraska ........
<br /> .&~~~.3. . . . .. . . .
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, al1 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 pact of the real estate describe_d above(aJl 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 $ Jll.Q,P.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 teIDIS of this Security Instrument to protect Beneficiary's security and to perfonn any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tenn "Secured Debt" is defined as fol1ows:
<br />A. Debt incurred under the tenns 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 />PROMISSORY NOTE DATED 06/29/06 FOR AN ORIGINAL PRINCIPAL AMOUNT OF $ 1 0,000 TO WOOD RIVER MOTEL, INC.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @1994 Bankors Systems, Ino" St. Cloud. MN Form RE-DT-NE 1130/2002
<br />
<br />(page 1 of 4)
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