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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. .1.1:P.1).QQG. . . .. . . .... . .. . .. .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />State of Nebraska
<br />
<br />TRUSTOR:
<br />
<br />HA YES, HAYES, & SoTo INVESTMENTS, L.L.C" A NEBRASKA CORPORATION
<br />116 EAST 9TH STREET
<br />WOOD RIVER, NE 68883
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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 />FIRST STATE BANK
<br />119 C STREET, POBOX 639
<br />SHELToN,NE 68876
<br />
<br />BENEFICIARY:
<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 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: THE WEST TWENTY.FIVE (25) FEET OF LOT FOURTEEN (14). AND ALL OF LOTS SIXTEEN 06). EIGHTEEN (18), TWENTY (20). TWENTY.TWo (22).
<br />TWENTY-FoUR (24), TWENTY-SIX (26). AND TWENTY.EIGHT (28). OF FOSTER'S SUDVISloN OF LOTS ELEVEN (11) AND TWELVE (12) OF WOOD LAWN
<br />SUBDIVISION OF PART OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER (SE 114 NE 114) OF SECTION TWENTY FOUR (241, TOWNSHIP TEN (10)
<br />NORTH, RANGE TWELVE (12) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />
<br />The property is located in .................................................................... at J~.qQ~..1l,t.1.4J.1.8/.~.1~.1.~~.V(~y.E.~~F.~.........
<br />(C QUilty)
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<br />. . . .. . . . . . .. . . ......... .. .. . . . . . . . . . . . . . . . . .. .. . . . . . . . . . . . . ., ................... .w.QOl! RIVER..... . . . . .. . . . . . .. ., Nebraska
<br /> ....... ..Q~~~~. . . . . . . . .
<br />(Address) (City) (ZIP Code)
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<br />Together with aU rights, easements. appurtenances, royalties. mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water srock 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 $ ZP.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 terms of this Security Instrument to protect Beneficiary's security and ro 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 />PROMISSORY NOTE TO HAYES, HAYES, & SOTO INVESTMENTS, INC.,DATED 1110112006 FOR AN ORIGINAL PRINCIPAL AMOUNT OF $126,700.00
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />~ @1994 Bankors Systoms.lno.. St, Cloud, MN Form RE-DT-NE 113012002
<br />
<br />(page 1 of 4)
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