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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 />o Construction Security Agreement 0 Master form recorded by
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 02.01.2008
<br />their addresses are as follows:
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<br />and the parties and
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<br />TRUSTOR: Ronnie N, Schmit and Patricia A. Schmit, Husband and Wife
<br />203 W 11th RD
<br />Phillips, NE 68865
<br />
<br />o 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 />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 Eight (8), in Abrahamson's Subdivision Number 3, to the City of Grand Island, Hall County, Nebraska,
<br />
<br />The property is located in Hall
<br />
<br />at 612 West 16th
<br />
<br />(County)
<br />
<br />, Grand Island
<br />
<br />, Nebraska 68801
<br />
<br />(Address) (City) (Zip Codel
<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 - AGRICUL rURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT
<br />(NOT FOR FNMA. FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />Exj5ef';;J: (0) 1993, 2001 Sankers Systems, Inc" St, Cloud, MN Form AGCO RI"SI-NI" 111712003
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<br />(page 1 of 8)
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