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<br /> � State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST
<br /> (With Ititure Advance Clause) �
<br /> ❑ Construction Security Agreement d
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......AP.ril,,15,�,,1998,,,,,,,,,,,,,,, \�
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> �
<br /> TRUSTOR: LYLE D. BECK JUDY K. BEC�C FKA JLJKY K. FCJELLIl�]G
<br /> AS HUSBADID ArID WIF'E AS HI.TSBArID ArID V1IF'E
<br /> 3227 W. 17TH 3227 W. 17TH
<br /> GRAI�ID ISL�Al�ID, NE 68801 GRArID ISL�ID, NE 68801
<br /> Social Security #: 507-56-0301 Social Security #: 508-60-0258
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: BANK OF WOOD RIVER
<br /> PO BUX 487
<br /> WOOD RIVER, NE 68883
<br /> Taxpayer I.D. #: 47-0098350
<br /> BENEFICIARY:BANK OF VJOOD RIVER dba HERIT�GE RANK GR�ID ISLAI�ID
<br /> On�anized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 5138
<br /> GR�ID ISLAI�ID, NE 68802
<br /> Ta�aayer I.D. #: 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 (defined below) and Trustor's performance under this Security Instrument, Trustor inevocably
<br /> grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br /> property: LpT ONE (1) BL�JCI{ Tf��tEE (3) , WES'TERHOFFS SECCX�ID SUB�DIVISI�T, CITY OF GRA1�ID
<br /> ISLAl�ID, H1�I�L C1�i.aN'1'�, rTEB�Ft�SKA
<br /> The property is located in��............................................................. at ..............................................
<br /> (County)
<br /> 3227,W. 17TH GRArID ISL�Al�ID............................. Nebraska . 68801.............
<br /> .................................................. .... ............ ,
<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 refened to as "Property").
<br /> 3. MAXIMLTM OBLIGATION LII�IIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $22.�3 93,;0 0,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , �is 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), guazanty(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, maturity dates, etc.)
<br /> L�N 'IC) LYLE ADID JLIDY BECK IN T�IE P,MOL�i' OF $22,393.00.
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) �,I�� . Of 4I
<br /> 01994 Bankers Systems,Inc.,St.Cloud,MN (1-800-397-2341) Form RE-DT-NE 10/27/97
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