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~~ , <br />~ ~~ ~ ~ m <br />~~ C r*1 S/! ca Ca -t ~ <br />,,,~,, O r ~ G... r71 CZy fll <br />~ ~ (1 N' ~' ctii~ r'V C7 -rl F-' ~ <br />Cr ~~ <br />3 ~ CJ <br />~ b1 cn ~ ~~ t~ F,.,,a y~ <br />~"t~ <br />~ 1, ~ F~ <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />^ Construction Security Agreement ^ Master farm recorded by <br />C~ <br />1. DATE: AND PARTIES. The date of this peed of Trust is 07.23.2010 and the parties and <br />their addresses are as follows: <br />TRUSTOR: Ronnie N. Schmit and Patricia A. 5chmit, Husband and Wife <br />Z03 W 11th RO <br />Phillips, NE 68866 <br />^ Refer to the Addendum which is attached and incorporated herein for additional Trustors. <br />TRUSTEE: The State Bank Df Hildreth <br />133 Commercial Ava. <br />Hildreth, NE 88947.0127 <br />EIENEFICIARY: The State Bank of Hildreth <br />Organized and existing under the laws of the state of Nebraska <br />133 Commercial Avenue <br />P.D. Box 127 Hildreth, NE 88947.0127 <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 />Lot Seven (7-, Black Throe (3-, Park Place, and Addition to the City of Grand Isand, Hall County, Nebraska <br />The property is located in Hall at 520 W 15th <br />(County) <br />Grand Island , Nebraska88801 <br />(Address) (City) (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 on the real estate and all riparian and water rights <br />associated with the Property, however established. <br />NEBRASKA -AGRICULTURAL/COMMERCIAL REAL ESTATE SECURITY INSTRUMENT <br />(~N~O~T F~OR~ FNMA, FHLMC, FHA OR VA U5E, ANp NOT FOR CONSUMER PURPOSES) /page 1 of 81 <br />+--~/--r~r IoM ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO-REST-NE 1 /1 712 00 3 C <br />