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<br /> ' °p REAL ESTATE DEED OF TRUST 99'1(�6141 �\'�
<br /> (With Future Advance Clause)
<br /> ,� ❑ Construction 5ecurity Agreement
<br /> � 1. DATE AND PARTIES. The date of this Deed of Trust is ........Februar�,r..26.�..1999..,,,,.... and the parties and their
<br /> � addresses are as follows:
<br /> TRUSTOR: 5���� ��� �•
<br /> FO BOX 5316
<br /> GR�I�ID ISL�ID, NE 68802-5316
<br /> Taxpayer I.D. #: 47-0760765
<br /> ❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br /> TRUSTEE: �NI{ OF WOOD RIVER
<br /> P.O. BOX 487
<br /> WOOD RIVER, NE 68883
<br /> Taxpayer I.D. #: 47-0760765
<br /> BENEFICIARY: �K OF WOOD RIVER dba �ITAGE BANK GRAND ISL�ND
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> C�I�ID ISL�ND, NE 68802
<br /> Taxpayer I.D. #: 47-0098350
<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: LrOT SEVF�TT (7) , IN BL�OCI{
<br /> Z�iFtEE (3) , PC�IDEROSA LAKE ESTAT�S F'OL]FtTH Si]BDIVISION IN TI� CITY OF C��ID ISLAI�ID,
<br /> HALL COLTi�Tl'Y, NEBRASKA
<br /> The property is located in ..�L...C.'.�.�'Y................................................ at ............................................
<br /> (County)
<br /> PO.BOX„5316...................................... .....GRAND,ISLAND.................., Nebraska .....68802.-5316.........
<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, structures,
<br /> fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all
<br /> referred to as "Property"). The term Property also includes, but is not limited to, any and all water wells, water, ditches,
<br /> reservoirs, reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property,
<br /> however established.
<br /> 3. MAXIMLJM OBLIGATION LIl�IIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br /> Deed of Trust at any one time shall not exceed$ 165�000;00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , �is limitation of amount does
<br /> not include interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly
<br /> made pursuant to this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the
<br /> terms of this Deed of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of
<br /> Trust. Future advances aze contemplated and, along with other future obligations, are secured by this Deed of Trust even
<br /> though all or part may not yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to
<br /> make additional or future loans or advances in any amount. Any such commitment would need to be agreed to in a separate
<br /> writing.
<br /> 4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following:
<br /> A. The promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all extensions,
<br /> renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts below it is suggested that
<br /> you include items such as borrowers'names, note amounts, interest rates, maturity dates, etc.)
<br /> NU'I� DATED 2/26/99 IN T�iE ANIOLA�T OF $165,000 'I1� I�TCJRE ON 4/1/99
<br /> NEBRASKA-AGRICULTURAL/COMMERCIAL DEED OF TRUST �NOT FOR FNMA,FHLMC,fHA OR VA USE,AND NOT FOR CONSUMER PURPOSES) page 1 of 6
<br /> m 1993 Bankers Systems,Inc.,St.Cloud,MN(1-800397-23411 Form AG/CO-DT-NE 10/30/97 .
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