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~6: i1+ <br />2oa.ooo3si <br />State of Nebraska Space Above This Line Fpr Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />^ Construction Security Agreement ^ Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust is 01.15.2010 and the parties and <br />their addresses are as follows: <br />TRUSTQR: Michael A. Panawicz and Patricia M. Panowicz, Husband and Wifa <br />10288 W White Cloud Road <br />Cairo, NE 88824 <br />^ 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 88847 <br />BENEFICIARY; 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 />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 />The Northeast Quarter of the Northwest Quarter (NE114NW114) and The South Half of the Northwest Quarter (51-2NW1-4) and The West Half of the Northeast <br />Quarter IW112NE114) in Section Twenty Seven (271, Township Twelve (12) North, Range Eleven (11) Wast of the 8th P.M., Hall County, Nebraska, Lying South of the <br />Highway Right of Way EXCEPT a tract mare particularly described in Quitclaim Deed record in Book 188, Page 72; EXCEPT a tract more particularly described in <br />Warranty peed recorded as Document No. 78000364; EXCEPT a tract mare particularly described in Warranty Deed recorded as Document No. 99.107602 and <br />EXCEPT a tract mare particularly described in Warranty Daed recorded as Document No, 20D800020 <br />The property is located in Hall at NE114NW114 and 5112NW114 and W112NE114 <br />(County) <br />527 T12 R11 ,Cairo , Nebraska68824 <br />(Address) IGity) (Zip Code) <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"1, The term Property also includes, but is not limited to, any and all water wells, <br />water, ditches, reservoirs, reservoir sites and dams located an the real estate and all riparian and water rights <br />associated with the Property, however established. <br />NEBRASKA -AGRICULTURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT ~ /page r of 8I <br />(NOT FOR FNMA, FHLMG, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES) ~~~ <br />~"' ®1993, 2001 Bankers Systems, Inc., St. Cloud, MN Porm AGCO-RE51•NE 1/17/2003 <br />