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<br />~., ~ .'. .j~ tl; i'~' {~ <br /> <br />" <br /> <br />200802632 <br /> <br />State :)f 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 03.24.2008 <br />their addresses are as follows: <br /> <br />and the parties and <br /> <br />TRUSTOR: STEVEN P. SCHAFER AND RAMONA R. SCHAFER, HUSBAND AND WIFE <br />11080 S. BLAINE ST. <br />DONIPHAN, NE 68832 <br /> <br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: BANK OF DONIPHAN <br />PO BOil 270 <br />OONIPH.AN, NE 68832.0270 <br /> <br />BENEFICIARY: <br /> <br />BANK OF DONIPHAN <br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA <br />POBOX 270 <br />DONIPHAN, NE 68832.0270 <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 />UNOIVIOED 50% INTEREST IN THE EAST HALF OF THE NORTHEAST QUARTER (E2NE4)) OF SECTION EIGHT ISi, iN TOWNSHiP r~ifJE (9j NORTH, fiAr~GE W~JE (9) <br />WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, EXCEPTING A TRACT MORE PARTICULARLY DESCRIBED IN DEEO RECOROED IN BOOK 77, PAGE 355 AND <br />EXCEPTING LOTS ONE (1) AND TWO (2). SCHAFER SUBDIVISION, HALL COUNTY, NEBRASKA. <br /> <br />The property is located in <br /> <br />Hall <br /> <br />at <br /> <br />(County) <br />[bniphan <br /> <br />, Nebraska <br /> <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, <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 - AGRICULTURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT k <br />(NOT FOR FNMA. FHlMC. FHA OR VA USE. AND NOT FOR CONSUMER PURPOSeS) <br />~ @1993. 200 1 Bankers Systems. Inc.. St. Cloud. MN Form AGCO-RESI-NE 1/17/2003 <br /> <br />115- <br /> <br />(page 1 of 8/ <br />