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<br />State of Nebraska
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<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Coustructiou Security Agreemeut
<br />o Master form recorded by.............................
<br />1. -DATE AND PARTIES. 'The- date-of this Deed of Trust (Security Instrument) is ..-.... ..~........ ..1.4'7M.QQ~..................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />HAYES, HAYES &SOTD INVESTMENTS, LLC, A NEBRASKA CORPORATION
<br />116 E 9TH STREET
<br />WOOD RIVER, NE 68883
<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 />BENEFICIARY:
<br />
<br />FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />119 C STREET
<br />~ D~pX_~:J.9_ SHEL TON.J!L 68876
<br />
<br />2. CONVEYANCE. Por good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's perfoOllance 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 SIXTEEN (16), BLOCK TWO (21, IN DILL AND HUSTON'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in ............................... H4ll................................ at 77.q4.~. m:~.~T~.E.~T.........................
<br />(COWlty)
<br />
<br />. . ....... . ......... . .. . . . . . .................. . .. . . . ........., .................. .GF.lAND.LSl4N.O. .. . . . . .. . . . . . ...., Nebraska ........ .q~~P.1.... .....
<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 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 $ ~~,PP.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 teOlls of this Security Instrument to protect Beneficiary's security and to perfoOll 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 amozmts, interest rates, maturity dates, ete.)
<br />PROMISSORY NOTE TO HAYES, HAYES, &SOTO INVESTMENTS, LLC DATED 12/28/06 WITH AN ORIGINAL PRINCIPAL AMOUNT OF $53,000
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />~ @ 1994 Bonk." System., Ino.. St. Cloud, MN Form RE-DT-NE 113012002
<br />
<br />(page 1 of 4)
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