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<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is APRIL 15, 2009. The parties
<br />and their addresses are:
<br />
<br />TRUSTOR (Grantor):
<br />KENNETH A KOHLHOF
<br />An unmarried individual
<br />11225 W LOUP RIVER RD
<br />DANNEBROG, NE 68831
<br />
<br />TRUSTEE:
<br />HENDERSON STATE BANK
<br />a Nebraska Corporation
<br />PO BOX 100
<br />GREELEY, Nebraska 68842
<br />
<br />BENEFICIARY (Lender):
<br />HENDERSON STATE BANK
<br />Organized and existing under the laws of Nebraska
<br />107 W O'Neill Avenue
<br />Greeley, Nebraska 68842
<br />
<br />KEN KOHLHOF, AKA KENNETH A. KOHLHOF, A SINGLE PERSON
<br />
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following
<br />described property:
<br />
<br />SEE ATTACHED EXHIBIT A
<br />
<br />The property is located in Hall County at 11225 W LOUP RIVER RD, DANNEBROG, Nebraska 68831.
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights. all water and
<br />riparian rights, wells. ditches and water stock, crops, timber, all diversion payments or third party payments
<br />made to crop producers and all existing and future improvements, structures, fixtures, and replacements that
<br />may now, or at any time in the future, be part of the real estate described (all referred to as Property). This
<br />Security Instrument will remain in effect until the Secured Debts and all underlying agreements have been
<br />terminated in writing by Lender.
<br />
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone
<br />time will not exceed $400,000.00. This limitation of amount does not include interest and other fees and
<br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances
<br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />
<br />3. SECURED DEBTS AND FUTURE ADVANCES. The term "Secured Debts" includes and this Security
<br />Instrument will secure each of the following:
<br />
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note or other agreement, No. 71240, dated April 15, 2009, from Grantor to
<br />Lender, with a loan amount of $400,000.00 and maturing on April 15, 2029. One or more of the debts
<br />secured by this Security Instrument contains a future advance provision.
<br />
<br />KENNETH A KOHLHOF
<br />Nebraska Deed Of Trust
<br />
<br />NE/4AMOSEMAN000000000001 11045041409N
<br />
<br />@1996 Bankers Systems, Inc.. St. Cloud, MN ~ &
<br />
<br />Page 1
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