|
<br /> 0~ 10 n ~
<br /> E~t; m :t: ~i
<br /> '"n
<br /> c: m en r-,>
<br /> n :I: <=:> ('") (f)
<br /> z <=>
<br /> (\ ;;'1\ ~"t, -..2 o -l
<br /> tf r' t :t: ~ 0 Cf) c::J:>
<br /> m ~ ~ ~'" z-l
<br /> n CI) m -.m ~~
<br /> m 1- --.:J
<br /> ~ ::t: ~~ -<0
<br />'" \ \;:, \L. ;.:- o-n
<br />IS en "'z -
<br />'\ '" ""l ~~
<br />IS ~." U\ tt
<br />-....J 1 0 0 :x: m
<br />IS [1'"1 l ::0 )>00
<br />-....J m ::3 ' :;0
<br />0) 0 ,)> ~i
<br />.j::::. ~ ' U> ~ Ul
<br />.j::::. ....... ::><::
<br /> ~ ' )>
<br /> ~ '\" ....... ........- j~
<br /> W Ul
<br /> ~ ~ Cf)
<br /> ~ ~"'
<br /> ~
<br />
<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 />o Construction Security Agreement
<br />
<br />o Master form recorded by .............................
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 0.8117./.2.0Q7............................... and the parties and their
<br />addresses are as follows:
<br />
<br />t"~'"'
<br />\, J
<br />J~
<br />~
<br />
<br />TRUSTOR:
<br />
<br />Todd friesen and Lori. Pfeifer
<br />4134 W. Faidley Avenue
<br />'Grand Island, NE 68803
<br />
<br />husband and wife
<br />
<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />
<br />TRUSTEE:
<br />ARCHER COOPERATIVE
<br />CREDIT UNION
<br />2121 ARCHER RD.
<br />ARCHER, NE 68816
<br />
<br />BENEFICIARY:
<br />ARCHER COOPERATIVE
<br />CREDIT UNION
<br />2121 ARCHER RD.
<br />ARCHER, NE 68816
<br />2. 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 15, Westwood Park Fourth Subdivision, in the City of Grand Island,
<br />Hall County, Nebraska.
<br />
<br />The property is located in HALL. . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . .... .. . . . . .. . . . . . . .. . . . . . .. at ............................................
<br />, (County)
<br />
<br />4)..;3.,\\. n.... .fAWl.l:$.Y. .J\v.:e:m.J~.................., GRAND. .1SL8ND........................, Nebraska........ .6SaOJ...............
<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, structures,
<br />fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all
<br />referred to as "Property"). The term Property also includes, but is not limited to, any and all water wells, water, ditches,
<br />reservoirs, reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property,
<br />however established.
<br />
<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 $ ............?~.~.'.9.~.q...R~..................... . This limitation of amount does
<br />not include interest, loan charges, commitment-fees, brokerage commissions, attorneys' fees and other charges validly
<br />made pursuant to this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the
<br />terms of this Deed of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of
<br />Trust. Future advances are contemplated and, along with other future obligations, are secured by this Deed of Trust even
<br />though all or part may not yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to
<br />make additional or future loans or advances in any amount. Any such commitment would need to be agreed to in a separate
<br />writing.
<br />
<br />4. SECURED DEBT DEl<'INED. 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 sueh as borrowers' names, note amounts, interest rates, maturity dates, ete.)
<br />PROMISSORY NOTE SHOWING Zalt, Inc.
<br />AS BORROWERS IN THE AMOUNT OF 209,000.00. NOTE MATURITY OF 6/01/2016.
<br />
<br />NEBRASKA" AGRICUL TURALlCOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) A -:"':
<br />
<br />
<br />~ @ 1993 Senkers Systems. Inc.. St. Cloud. MN Form AG/CO-DT.NE 1/30/2002 ~
<br />
<br />page 1 of 6
<br />
|