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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement D Master form recorded by
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<br />1. DATE AND PARTIES. The date of this Deed of Trust is 02.02.2007
<br />their addresses are as follows:
<br />
<br />and the parties and
<br />
<br />TRUSTOR: Ronnie N. Schmit and Patricia A. Schmit, Husband and Wife
<br />203 W 11th RD
<br />Phillips, NE 68865
<br />
<br />D Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: The State Bank Of Hildreth
<br />133 Commercial Ave,
<br />Hildreth, NE 68947
<br />
<br />BENEFICIARY:
<br />
<br />The State Bank of Hildreth
<br />Organized and existing under the laws of the state of Nebraska
<br />133 Commercial Avenue
<br />P.O. Box 127 Hildreth, NE 68947.0127
<br />
<br />Z. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the
<br />benefit of the Beneficiary, with power of sale, the following described property:
<br />
<br />Lot Two (2), Block Four (4), of South Grand Island, an Addition to the City of Grand Island, Hall County, Nebraska
<br />
<br />The property is located in Hall
<br />
<br />at 710 S. Sycamore SI.
<br />
<br />(County)
<br />
<br />, Grand Island
<br />
<br />, Nebraska68801
<br />
<br />(Address) (City) (Zip Code)
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all
<br />diversion payments or third party payments made to crop producers, and all existing and future improvements,
<br />structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described
<br />above (all referred to as "Property"). The term Property also includes, but is not limited to, any and all water wells,
<br />water, ditches, reservoirs, reservoir sites and dams located on the real estate and all riparian and water rights
<br />associated with the Property, however established.
<br />
<br />NEBRASKA - AGRICULTURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />Exj5e~ @ 1993, 2001 Sonker. Sy.tem., Ino.. St, Cloud. MN Form AGCO-RESI-NE 1117/2003
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<br />(page 1 of 8)
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