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<br />%1) State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 01,_ 2002
<br />------- - - - - --
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: DONALD DAVID SHRINER
<br />PAT SHRINER, HUSBAND AND WIFE
<br />4200 S 80TH RD
<br />ALDA, NE 68810
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<br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, 'Irustor irrevocably
<br />grants, conveys and sells to 'trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NW1 /4 NE1 /4) E1 /2 NE1 /4) AND THE
<br />EAST HALF OF THE NORTHEAST QUARTER ( E1 /2 NE1 /4 OF SECTION ONE (1), TOWNSHIP TEN
<br />(10) NORTH, RANGE ELEVEN (11), WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
<br />The property is located in ___ ------- - - - - -- -Hall at 4200 S BOTH RD
<br />(County) _ - - - -- -.
<br />ALDA , Nebraska 68810
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $,572,000.00-------- ---- -- - ---- . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, nnaturity dates, etc.)
<br />A Promissory Note dated 05/01/2002
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHWC. FHA OR VA USE) y(page 1 of 4)
<br />Q 1994 Rankers Systems, Inc., St Cloud. MN (1-800 -397 -2341) Form RE -DT -NE 10/27/97 U
<br />®' - Cd65(N E)(9808).01 VMP MORTGAGE FORMS- (890)521 -7291
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<br />%1) State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 01,_ 2002
<br />------- - - - - --
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: DONALD DAVID SHRINER
<br />PAT SHRINER, HUSBAND AND WIFE
<br />4200 S 80TH RD
<br />ALDA, NE 68810
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<br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Earl D Ahlschwede, Attorney
<br />BENEFICIARY:
<br />Equitable Federal Savings Bank of Grand Island
<br />113 -115 N. Locust Street Grand Island, NE 68801 -6003
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, 'Irustor irrevocably
<br />grants, conveys and sells to 'trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NW1 /4 NE1 /4) E1 /2 NE1 /4) AND THE
<br />EAST HALF OF THE NORTHEAST QUARTER ( E1 /2 NE1 /4 OF SECTION ONE (1), TOWNSHIP TEN
<br />(10) NORTH, RANGE ELEVEN (11), WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
<br />The property is located in ___ ------- - - - - -- -Hall at 4200 S BOTH RD
<br />(County) _ - - - -- -.
<br />ALDA , Nebraska 68810
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property ").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $,572,000.00-------- ---- -- - ---- . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, nnaturity dates, etc.)
<br />A Promissory Note dated 05/01/2002
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHWC. FHA OR VA USE) y(page 1 of 4)
<br />Q 1994 Rankers Systems, Inc., St Cloud. MN (1-800 -397 -2341) Form RE -DT -NE 10/27/97 U
<br />®' - Cd65(N E)(9808).01 VMP MORTGAGE FORMS- (890)521 -7291
<br />ID
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