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<br />200700124
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<br />Space Above This Line For Ro:cordlng Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust is ,g~_1;l_~;YnQ.4J_n~Qg.7n._nn___ and the parties and their addresses
<br />are as follows: ALPHA CORPORATION, A NEBRASKA CORPORATION
<br />TRUSTOR:
<br />
<br />State of Nebrllllka
<br />
<br />Loan No. 0150258443
<br />
<br />624 PHEASANT PLACE
<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' at / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFIC~Y: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 />THE SOUTH HALF OF '!'HE SOUTHWEST QUARTER (Sl/2SWl/4) OF SECTION TWENTY-SEVEN (27), TOWNSHIP
<br />(10) NORTH, RANGE NINE (9) WEST OF THE 6TH P_M., EXCEPT THAT PORTION NOW KNOWN AS SCHUPPAN
<br />FARMS SUBDIVISION, ALL IN HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in .---nn.mnmmnm"_._!l_l;l_!.!m_mnm_..____nmmm at "~-~-~-!L~._!&QQ'~,;t'___mm____m___.._mm_"m._nm
<br />(County)
<br />- - - n _nn -.. n__nn ._n_..__n______nnn nn______.______n , _"__n________ n_ n_nnJ?,l?_I?-.:!:p..:t':~n n _. _ _ _"_ _ nnnn__.n n_ , Nebraska __n_ _n~JHI)I_?.n.nn_:
<br />(Address) (City) (ZIP Code)
<br />Together with all riglits, 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 $ -U_Q_<-Q.9_Q:.Q.!Lm..m___"__. . This limitation of amount does not include
<br />interest, loan charges, coIIlIllitment fees, brokerage coIIlIllissions, 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 perform 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 future 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 ~xomissory Note dated 01/04/2007 in the original principal sum of $170,000.00
<br />
<br />NEIlIlASKA - AGRlCULTUAAlJCOMMERCIAL DEED OF TRUST INOT FOR FIIIMA, FHLMC. FHA OR VA USE. AND NOT FOR CONSUMER PURPOSES)
<br />~ 01 BBa B.nker. $YH!ems. Ino.. 51. Cloud. MN Form AG/CQ-OT-NE 1130/2002
<br />caa-C164(NE) (0307) VMP Morlg8g. Solutions 1800)621-7291
<br />
<br />C-07-01-0000BO
<br />R 'JM f\JN\f6
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