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1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY: TierOne Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (hereafter defined), Truster irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the
<br />Beneficiary, with power of sale, the following described property:
<br />LOT TEN (10) , BLOCK TWO (2) , WEST'S SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASFA.
<br />The property is located in Hall _ at 2417 WEST OLD LINCOLN HIGHWAY
<br />(C ... w)
<br />GRAND ISLAND „ , Nebraska
<br />_(Address) (Clry) (21F Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion
<br />payments or third party payments made to crop producers, acrd all existing and future improvements, dractures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as
<br />"Property "). The term Property also includes, but is not limited to, any and all water wells, water. ditches, reservoirs,
<br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however
<br />established.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br />Deed of Trust at arry one time shall not exceed $ 85, 000.00 . this limitation of amount does not include
<br />interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to
<br />this Deed of Trust said does not apply to advances (or interest accrued on such advances) made under the terms of this Deed
<br />of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of Trust. Future advances
<br />are contemplated and, along with other future obligations, are secured by this Deed of Trust even though all or part may not
<br />yet be advanced. Nothing in this Deed of Trust, however, shall constitute a cmmnitment to make additional or future loans
<br />or advances in any amount. Any such commitment would need to be agreed to in a separate writing.
<br />4. SECURED DEBT DEFINED. The tern "Secured Debt" includes, but is not limited to, the following:
<br />A. The promissory note(s), contrachs), 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 />A Promissory Note dated 10/20/2004 in the original principal sum of $85,000.00
<br />NEURASMA � AGRICULTUMVCOMMERCIAL Loan OF TRUST INOT FOO FNMA, FHLML. FIFA OP VA USE, ANO Nn) O I FO. CON5UMCU 11FR E51 J /II S�F..s 1 n16
<br />f5CIiE OC(DQ 1993 aeneen Systems, Inc, 6c Clouq MN F—n AUIUU-UT'NE 11301]002
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<br />REAL ESTATE DEED OF TRUST
<br /><:/
<br />(With Future Advance Clause)
<br />Loan No. 0150222124
<br />® Construction Security Agreement
<br />Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust is Oct 20,. 2004
<br />and the parties and their addresses
<br />are as follows: TOMMY L. t1HMI SR, A SINGLE PERSON
<br />TRUSTOR:
<br />515 SOUTH SHADY HEM ROAD
<br />GRAND ISLAND, HE 68801
<br />= Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: TierOne Bank
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY: TierOne Bank
<br />1235 'N' St / PO Box 83009 Lincoln, NE 68501
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (hereafter defined), Truster irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the
<br />Beneficiary, with power of sale, the following described property:
<br />LOT TEN (10) , BLOCK TWO (2) , WEST'S SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASFA.
<br />The property is located in Hall _ at 2417 WEST OLD LINCOLN HIGHWAY
<br />(C ... w)
<br />GRAND ISLAND „ , Nebraska
<br />_(Address) (Clry) (21F Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion
<br />payments or third party payments made to crop producers, acrd all existing and future improvements, dractures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as
<br />"Property "). The term Property also includes, but is not limited to, any and all water wells, water. ditches, reservoirs,
<br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however
<br />established.
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br />Deed of Trust at arry one time shall not exceed $ 85, 000.00 . this limitation of amount does not include
<br />interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to
<br />this Deed of Trust said does not apply to advances (or interest accrued on such advances) made under the terms of this Deed
<br />of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of Trust. Future advances
<br />are contemplated and, along with other future obligations, are secured by this Deed of Trust even though all or part may not
<br />yet be advanced. Nothing in this Deed of Trust, however, shall constitute a cmmnitment to make additional or future loans
<br />or advances in any amount. Any such commitment would need to be agreed to in a separate writing.
<br />4. SECURED DEBT DEFINED. The tern "Secured Debt" includes, but is not limited to, the following:
<br />A. The promissory note(s), contrachs), 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 />A Promissory Note dated 10/20/2004 in the original principal sum of $85,000.00
<br />NEURASMA � AGRICULTUMVCOMMERCIAL Loan OF TRUST INOT FOO FNMA, FHLML. FIFA OP VA USE, ANO Nn) O I FO. CON5UMCU 11FR E51 J /II S�F..s 1 n16
<br />f5CIiE OC(DQ 1993 aeneen Systems, Inc, 6c Clouq MN F—n AUIUU-UT'NE 11301]002
<br />444- C164INE1 w3wl VMY Mon9a8e..'Wi- 1 BOOM 1 1291
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