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<br />Space Above This Line For Recording Data
<br />
<br />State of Nebraska
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<br />
<br />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 (Security Instrwnent) is .................. P.4'.1.~'7.qQ~..................
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />HAYES, HAYES, &SOTO INVESTEMENTS, LLC, A NEBRASKA CORPORATION
<br />POBOX 36
<br />WOOD RIVER, NE 68883
<br />
<br />o 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 />POBOX 639 SHELTON, NE 68876
<br />
<br />2. CONVEYANCE, For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrwnent, 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: THE EAST EIGHT (8) FEET OF LOT NINE (9), ALL OF LOT TEN (10) AND THE WEST FIFTEEN (15) FEET OF LOT ELEVEN (111, BLOCK SEVEN (7),
<br />ORIGINAL TOWN, NOW VILLAGE OF WOOD RIVER, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in ............................... H4~~................................ at ?Q~ w.1Jm ~1~~~.1..........................
<br />(COImty)
<br />
<br />. ....... .. . ....... . . . .. ..... . . . .. . . . . . . . . . . . ...... . .. . . . . . . ., ................... .W.QOD R1Y~R . . .. . .. . . . . . . . . . . .., Nebraska ........
<br /> .I~~~P~...... . . .
<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 (hat may
<br />now, or at any time in the future, bc 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 Instrument at anyone timc shall
<br />not exceed $ ~PJOP.Q.P.Q......................,............. _ . . .. . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrwnent. Also, this limitation docs not apply to advances made under
<br />the terms 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 terms 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 sueh as borrowers' names, note amowlts, interest rates, maturity dates, ete.)
<br />PROMISSORY NOTE TO HAYES, HAYES, AND SOTa INVESTMENTS, LLC, DATED 02/15/08 FOR AN ORIGINAL PRINCIPAL AMOUNT OF $65,000
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />
<br />~ @1994 8ankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 113012002
<br />
<br />" \ ~ i
<br />
<br />(page 1 of 4)
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