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<br />❑■
<br />200305646
<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 form recorded by
<br />lyp- v
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 05.02.2003 and the parties and
<br />their addresses are as follows:
<br />TRUSTOR: PAULSEN FARMS, INC., A Nebraska Corporation
<br />HC 67, BOX 86
<br />OCONTO, NE 68860
<br />47.0835269
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 68802.5138
<br />47.0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Webb Road
<br />P.O. Box 5138 Grand Island, NE 68802
<br />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:
<br />LOT 5, BLOCK 1, PLEASANT VIEW ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The property is located in 1-4 A L L _ at F 0 y
<br />(County)
<br />l V , e +.v r 1',)-c C,- ✓euh d :175'A4d Nebraska -
<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"). 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�OT FOR ,I FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />'" ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO - RESI -NE 3/1/2002
<br />(Page 1 of 8)
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<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 form recorded by
<br />lyp- v
<br />1. DATE AND PARTIES. The date of this Deed of Trust is 05.02.2003 and the parties and
<br />their addresses are as follows:
<br />TRUSTOR: PAULSEN FARMS, INC., A Nebraska Corporation
<br />HC 67, BOX 86
<br />OCONTO, NE 68860
<br />47.0835269
<br />❑ Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bank
<br />1333 N. Webb Road P.O. Box 5138
<br />Grand Island, NE 68802.5138
<br />47.0098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />1333 North Webb Road
<br />P.O. Box 5138 Grand Island, NE 68802
<br />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:
<br />LOT 5, BLOCK 1, PLEASANT VIEW ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />The property is located in 1-4 A L L _ at F 0 y
<br />(County)
<br />l V , e +.v r 1',)-c C,- ✓euh d :175'A4d Nebraska -
<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"). 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�OT FOR ,I FNMA, FHLMC, FHA OR VA USE, AND NOT FOR CONSUMER PURPOSES)
<br />'" ©1993, 2001 Bankers Systems, Inc., St. Cloud, MN Form AGCO - RESI -NE 3/1/2002
<br />(Page 1 of 8)
<br />V
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