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<br />DEED OF TRU~'.'T vVITHFlfTURF. ADVANCES
<br />
<br />3tJ. 5CJ
<br />This DEED OF TRUST is made this 10th day of July, 2007, by and among Robert Siemers, a single
<br />person, hereinafter referred to as "Trustors," whether one or more, whose mailing address is 5076 West
<br />Abbott Rd, Grand Island, Nebraska 68803; Dan and Bobbi Wiegand, husband and wife, hereinafter
<br />referred to as "Trustors," whether one or more, whose mailing address is214 Tjohn Rd, West Monroe, LA,
<br />71291: Richard and Heather Siemers, husband and wife, hereinafter referred to as "Trustors," whether one
<br />or more, whose mailing address is 3601 NNorth Rd, Grand Island, NE 68803; Marcia Siemers, a single
<br />person, hereinafter referred to as "Trustors," whether one or more, whose mailing address is 5501 N
<br />Engleman, Grand Island, NE 68803; and Ronald Siemers, a single person, hereinafter referred to as
<br />"Trustors," whether one or more, whose mailing address is 802 Warwick, Palmer,NE 68864; PATHWAY
<br />BANK, a Nebraska Banking Corporation, hereinafter referred to as "Trustee," whose mailing address is
<br />Box 428, Cairo, Nebraska 68824; and PATHWAY BANK, a Nebraska Banking Corporation, hereinafter
<br />referred to as "Beneficiary," whosemailingaddressisBox428.Cairo. Nebraska 68824.
<br />For valuable consideration, Trustors irrevocably grant, transfer, convey and assign to Tmstee, in tmst,
<br />with power of sale, for the benefit and security of Beneficiary, under and subject to the terms and conditions of
<br />this Deed of Trust, the following described real property located in Hall County, Nebraska:
<br />
<br />8u: llHacht'd ExhibH "A"
<br />
<br />together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges
<br />and appurtenances located thereon, and all personal property that may be or hereafter become an integral part of
<br />such buildings and improvements, all crops raised thereon, and all water rights, all of which, including
<br />replacements and additions thereto, are hereby declared to be a part of the real estate conveyed in tmst hereby, it
<br />being agreed that all of the foregoing shall be hereinafter referred to as the "Property."
<br />
<br />FOR THE PURPOSE OF SECURING:
<br />
<br />a. Payment of indebtedness evidenced by Trustors' note of even date herewith in the principal sum of
<br />$143,910.00 (Principal) together with interest at the rate or rates provided therein, and any and all renewals,
<br />modifications and extensions of such note, both principal and interest on the note being payable in accordance
<br />with the terms set forth therein, which by this reference is hereby made a part hereof; and any and all future
<br />advances and readvances to Trustors hereunder pursuant to one ore more promissory notes or credit agreements
<br />(herein called "Note");
<br />b. the payment of other sums advanced by Beneficiary to protect the security ofthe Note;
<br />c. the performancf' of all covenants and agreements of Trustor set forth herein; and
<br />d. all present and future indebtedness and obligations of Trustors to Beneficiary whether direct, indirect,
<br />absolute or contingent and whether arising by note, guaranty, overdraft or otherwise;
<br />
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTORS HEREBY COVENANT AND AGREE:
<br />
<br />1. To pay when due, the principal of, and the interest on, the indebtedness evidenced by the note, charges, fees and all other sums
<br />as provided in the loan instruments.
<br />2. Trustors are the owners of the property and have the right and authority to execute this Deed of Trust in respect to the property.
<br />3. To pay, when due, all taxes, special assessments and all other charges against the property, before the same become delinquent.
<br />Trustors shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust or the
<br />debt secured hereby, without regard to any law that may be enacted imposing payment of the whole or any part thereof upon the
<br />Beneficiary.
<br />4. To keep the improvements now or hereafter located on the propelty insured against damage by fire and such other hazards as
<br />the Beneficiary may require, in amounts and companies acceptable to the Beneficiary, Such insurance policy shall contain a standard
<br />mortgage clause in favor of Benetlciary. Trustor shall promptly repair, maintain and replace the property or any part thereof, so that,
<br />except for ordinary wear and tear, the property shall not deteriorate.
<br />
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