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<br />200710477
<br />
<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />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 (Security Instrwnent) is .................. .1.2:P.3).QQL................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />DENNIS R. BONSACK, A SINGLE PERSON
<br />PO BOX 554
<br />WOOD RIVER, NE 68883
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />FIRST STATE BANK
<br />119 C STREET, POBOX 639
<br />SHELTON,NE 68876
<br />
<br />BENEFICIARY:
<br />
<br />FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />119 C STREET
<br />P 0 BOX 639 SHE-l TON, NE 66876 - .
<br />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Deht (defined below) and Trustor's perfonuance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: PARCEL 1: THE SOUTH HALF OF THE NORTHWEST QUARTER (S 112 NW 114) OF SECTION TWENTY-THREE (23). TOWNSHIP ELEVEN (11) NORTH,
<br />RANGE TWELVE (12). WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />PARCEL 2: THE NORTH HALF OF THE SOUTHEAST OUARTER (N 112 SE 1141 AND THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER (SE 114 SE 114) OF
<br />SECTION TWO (2). TOWNSHIP TEN (10) NORTH, RANGE ELEVEN (11) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />PARCEL 3: THE NORTH HALF OF THE NORTHWEST QUARTER (N 1/2 NW 114) OF SECTION TWENTY-ONE (21), IN TOWNSHIP ELEVEN (11) NORTH, RANGE TWELVE
<br />(12) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />
<br />The property is located in .................................................................... at ..............................................
<br />(County)
<br />
<br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., ..................................................., Nebraska
<br /> .......................
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrwnent at anyone time shall
<br />not exceed $ ~P.Q,P.QQ..QQ........................................ . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the tenus of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the tenns of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />PROMISSORY NOTE DATED 12/03/07 TO DENNIS R. BON SACK FOR AN ORIGINAL PRINCIPAL AMOUNT OF $402,000
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<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
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<br />(page 1 of 4)
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<br />~ @1994BankorsSystom.,lnc.,St. Cloud, MN Form RE-DT-NE 1/30/2002
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