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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST
<br /> (With Future Advance Clause) �
<br /> ❑ Construction Security Agreement ��
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..................O1;06�2000,,,,,,.....,..,.., �
<br /> and the parties, their addresses and tax identificationnumbers, if required, are as follows:
<br /> �
<br /> TRUSTOR: ROMA J.REES and STEPHEN A.REES,HUSBAND AND WIFE
<br /> 3061 ROSELAWN DRIVE
<br /> GRAND ISLAND,NE 68801
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: BANK OF DONIPHAN
<br /> P.O.BOX 270
<br /> DONIPHAN,NE 68832
<br /> 47•0490809
<br /> BENEFICIARY: BANK OF DONIPHAN
<br /> P.O.BOX 270
<br /> 118•120 PLUM ST.
<br /> DONIPHAN,NE 68832
<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: LOT SIX 161,IN MEADOW LANE THIRD SUBDIVISION IN THE EAST HALF OF THE SOUTHEAST QUARTER IE112SE114)OF SECTION 26,TOWNSHIP 11,
<br /> NORTH,RANGE 9 WEST OF THE 6TH P.M.,HALL COUNTY,NEBRASKA.
<br /> The property is located in ...............................HALL................................ at 3061,ROSELAWIV,DRIVE........................
<br /> (County)
<br /> ............................................................. .................. GRAND,ISLAND.................., Nebraska ........68901.........
<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 $ 1.G.R�1,�4......................................... . 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, maturity dates, etc.)
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) (page 1 Of 4J
<br /> OO 1994 Bankers Systems,Inc.,St.Cloud,MN (1-800-397-2341) Form RF-DT-NE 10/27/97
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