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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />3o.S0
<br />
<br />Loan No. 0150258807
<br />
<br />D Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust is ~_~_;-.'?_lJ:__~(),---~QCn__________.___ and the parties and their addresses
<br />are as follows: LEONARD J RAINFORTH and DIANA L RAINFORTH, HUSBAND AND WIFE
<br />TRUSTOR:
<br />
<br />7387 W ROSEDALE ROAD
<br />DONIPHAN, NE 68832
<br />
<br />TRUSTEE:
<br />
<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TierOne Bank
<br />
<br />1235 'N' st / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY: 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 />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and suftlciency of which is acknowledged, and to secure
<br />
<br />the Secured Debt (hereafter defmed), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the
<br />
<br />Beneficiary, with power of sale, the following described property:
<br />The South Half of the Southwest Quarter (SI/2SWl/4) of the Northwest Quarter of the Northwest
<br />Quarter (NWl/4NWl/4) and the North Half of the Northwest Quarter (Nl/2NW1/4) of the Southwest
<br />Quarter of the Northwest Quarter (SWl/4NWl/4) of Section Twenty-four (24), Township Nine (9)
<br />North, Range Eleven (11) West of the 6th P. M., Hall County, Nebraska
<br />
<br />The property is located in____________.________________~_~l..:!:_________ __________._________ at -~-~-?-~-L~__~()'l'~._:J3.9N>.__________. ____________._____
<br />(County)
<br />-- --., -- -- -- ---, - ------ -- -- -- - --- --- - 'd, -- ---- - --- ________ , _ _________.. ____ __ _ __ _ _ _ ___I?_;-_C?_s.s_~~ __ _.. __ __ __ ____ __. ________ , Nebraska __ _
<br /> _____~~_8_~_~_____.__
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion
<br />payments or third party payment.." 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 an 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 defmed) secured by this
<br />Deed of Trust at anyone time shall not exceed $ _!?_5.!.1?_1?_9_~_9.9._________._________ . This limitation of amount does not include
<br />interest, loan charges, commitment fees, brokerage commissions, 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 ofthe 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 borrO'M!rs' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 03/30/2007 in the original principal surn of $35,127.00
<br />
<br />NEBRASKA - AGRICULTURAL/COMMERCIAL DEED OF TRUST INOT FOR FNMA,FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />
<br />~ 01993 B.n~e," Systems, Ino.. St. Cloud, MN Form AG/CO.DT-NE 1/30/2002
<br />e-C 164(NE) 10307) VMP Mortgag. Solutions (600)621- 7291
<br />(!>
<br />
<br />C-07-03-006596
<br />
<br />Cf'I- ~
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