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<br /> �' State of Nebraska Space Above This Line For Recording llata
<br /> �, DEED OF TRUST oi6oi3s2i�
<br /> (With Future Advance Clause) 98— 1Q�rrpC� �
<br /> �� ❑ Construction Security Agreement �� � �
<br /> P
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .Aprit...............13,,,,,,, 1998,,,,.,, (L,�
<br /> and the parties, their addresses and ta: identification numbers, if required, are as follows: �O
<br /> TRUSTOR: DAVID C ADAMS and CANDICE L ADAMS,
<br /> husband and wife,
<br /> jointly and each in their own right
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: FIRST FEDERAL LINCOLN BANK
<br /> BENEFICIARY: FIRST FEDERAL LINCOLN BANK
<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, Trustor irrevocably
<br /> grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br /> property: Lo'r 2,BLOCK 2, CAPITAL HEIGHTS FOURTH SUBDNISION,
<br /> HALL COUNTY, NEBRASKA
<br /> Theproperty is located in ...HALL........................................................ at ..............................................
<br /> (County)
<br /> 4256.MICHIGAN AVE .GRAND ISLAND........................... Nebraska .....68803-1012...
<br /> ....... ................................... .
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and ripariai�
<br /> rights, ditches, and water stock uid ali 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 $ ..............2$,OU0.00......................... . 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 containeflian
<br /> Security Instrument.
<br /> 4. SECURED DEBT AND FLTTURE 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, maturiry dates, etc.)
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) (page 1 of 4J
<br /> �01994 Bankers Systems,Inc.,St.Cloud,MN (1-800-397-2341� Form RE-DT-NE 10/27/97
<br /> DOTNELfrm 2/98
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