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<br /> State of Nebraska Space Above This Line For Recording Data ~~
<br /> REAL EST A TE DEED OF TRUST
<br /> (With Future Advance Clause)
<br />0 Construction Security Agreement 0 Master form recorded by
<br />
<br />
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 04-10-2008
<br />their addresses are as follows:
<br />
<br />and the parties and
<br />
<br />TRUSTOR: JOEL SHAFER AND MARCEY A. SHAFER, HUSBAND AND WIFE
<br />920 DIERS AVE
<br />'GRANDISLAND,NE 68803
<br />
<br />o Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: MID CITY BANK
<br />304 S. 42ND STREET
<br />OMAHA, NE 68803
<br />
<br />BENEFICIARY:
<br />
<br />MID CITY BANK-BRANCH 1
<br />304 S 42ND ST
<br />OMAHA, NE 68131
<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 />ALL OF BLOCK FIVE (5), PONDEROSA LAKE ESTATES SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />
<br />NEBRASKA.
<br />
<br />The property is located in HALL
<br />
<br />at 66 PONDEROSA DRIVE
<br />
<br />(County)
<br />
<br />, GRAND ISLAND , Nebraska68803
<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 ~
<br />(NOT FOR FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />~ @1993. 2001 BanKers Systems, Inc" St, Cloud, MN Form AGCO.RESI.NE 1/17/2003 L. .
<br />
<br />~
<br />
<br />(page 1 of B!
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