|
1. DATE AND PARTIES. D' is date of this Deed of Trust is ............ _.. 05.67�20f12 ................. and the parties and their
<br />addresses are as follows:
<br />TRIISTOR: Eickhoff Farms, Inc., A Nebraska Corporation
<br />7235 Cameron Road
<br />Wood River, NE 68883
<br />470772979
<br />0d Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bonk
<br />110 E 9th Street
<br />Wood River, NE 68883
<br />470098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 91h Street
<br />P.O. Box 487 Wood River, NE 68883
<br />470098350
<br />CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (hereafter defined), Tmstor irrevocably grants, conveys and sells to Trustee, in trust for the
<br />benefit of Ref cis b"Nnh power of sale, the following described property:
<br />The property is located in ................._ .._.......Hzll.. ......... ...... _.... _........ at... .............................
<br />........._.
<br />(Cmity)
<br />...., Nebraska ............68683. __.
<br />.... (Address) CGty) (ZIP CMe)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, tlmher, 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 "Properly "). The term Property also includes, but is not limited to, Buy 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. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br />Deed of Trust at any one time shall not exceed $ 3.80,aoo:o(J ................... _..... _.. _...... This 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 Treat and does not apply to advances (or hnerest 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 hi [Iris Deed of
<br />Trost. Future advances are contemplated and, along with other future obligations, are secured by this Deed of Trust even
<br />though all or pan 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, mAc(s), conuachs), 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 rotes, marurty owes, etc.)
<br />Heritage Bank Loan in the amount of $245,000 dated May 7, 2002 in the name of Eickhoff Farms, Inc., a Nebraska Corporation.
<br />NEBRASKA - AGNICULTURALICOMMERCIAL GEED OF TRUST INBrrORENMA FNIM9 MAnaV1Ue1,A19 NOT FOR CONSUMER IUa1FsE91 oa ➢e 1of6
<br />CX15E/ 0 1993 tlenkeu 5y11em1, I". St. UNDO, MN Po— AFFICO -Dr or 2uo(sr
<br />O
<br />O N
<br />J
<br />tin
<br />I
<br />D
<br />on
<br />2
<br />Mr)Z
<br />J c^
<br />1
<br />N
<br />N
<br />4
<br />it
<br />Y1fN.
<br />O
<br />O
<br />U'1
<br />N
<br />m
<br />N
<br />— . --- State of Nebraska
<br />Spare Above This Line For Regarding Data
<br />REAL
<br />ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Ll
<br />Construction Security Agreement
<br />°a
<br />1. DATE AND PARTIES. D' is date of this Deed of Trust is ............ _.. 05.67�20f12 ................. and the parties and their
<br />addresses are as follows:
<br />TRIISTOR: Eickhoff Farms, Inc., A Nebraska Corporation
<br />7235 Cameron Road
<br />Wood River, NE 68883
<br />470772979
<br />0d Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TRUSTEE: Heritage Bonk
<br />110 E 9th Street
<br />Wood River, NE 68883
<br />470098350
<br />BENEFICIARY: Heritage Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />110 East 91h Street
<br />P.O. Box 487 Wood River, NE 68883
<br />470098350
<br />CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (hereafter defined), Tmstor irrevocably grants, conveys and sells to Trustee, in trust for the
<br />benefit of Ref cis b"Nnh power of sale, the following described property:
<br />The property is located in ................._ .._.......Hzll.. ......... ...... _.... _........ at... .............................
<br />........._.
<br />(Cmity)
<br />...., Nebraska ............68683. __.
<br />.... (Address) CGty) (ZIP CMe)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, tlmher, 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 "Properly "). The term Property also includes, but is not limited to, Buy 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. MAXIMUM OBLIGATION LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br />Deed of Trust at any one time shall not exceed $ 3.80,aoo:o(J ................... _..... _.. _...... This 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 Treat and does not apply to advances (or hnerest 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 hi [Iris Deed of
<br />Trost. Future advances are contemplated and, along with other future obligations, are secured by this Deed of Trust even
<br />though all or pan 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, mAc(s), conuachs), 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 rotes, marurty owes, etc.)
<br />Heritage Bank Loan in the amount of $245,000 dated May 7, 2002 in the name of Eickhoff Farms, Inc., a Nebraska Corporation.
<br />NEBRASKA - AGNICULTURALICOMMERCIAL GEED OF TRUST INBrrORENMA FNIM9 MAnaV1Ue1,A19 NOT FOR CONSUMER IUa1FsE91 oa ➢e 1of6
<br />CX15E/ 0 1993 tlenkeu 5y11em1, I". St. UNDO, MN Po— AFFICO -Dr or 2uo(sr
<br />
|