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<br /> 200000427 �
<br /> Space Above This Line For Recording Data
<br /> DEED OF TRUST y�
<br /> v
<br /> DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is JANUARY 7, 2000. The parties �,
<br /> and their addresses are: �
<br /> TRUSTOR (Grantorl: -
<br /> LINDA C HOWARD
<br /> 12651 S 70TH RD
<br /> DONIPHAN, Nebraska 68832
<br /> TRUSTEE:
<br /> CITY NATIONAL BANK AND TRUST
<br /> Financial Institution
<br /> 800 WEST 3RD STREET
<br /> HASTINGS, Nebraska 68901
<br /> 470126913
<br /> BENEFICIARY (Lenderl:
<br /> CITY NATIONAL BANK AND TRUST
<br /> Organized and existing under the laws of the United States of America
<br /> PO Box 349
<br /> 800 West 3rd Street
<br /> Hastings, Nebraska 68902-0349
<br /> 47-0126913
<br /> 1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br /> and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably :
<br /> grants, conve;�s and sells to 7rustee, in trust for the benefit of Lender, with power of saJe, the following
<br /> described property:
<br /> Part of the West Half of the West Half (W 1/2 W 1/2) of Section Seventeen (17►, Township Nine (9) North, Range
<br /> Ten (101, West ofthe 6th P.M., Hall County, Nebraska, more particularly described as follows, Beginning at a
<br /> point on the west line of said Section Seventeen (17►, said point being 1,790.77 feet North of the Southwest
<br /> corner of said Section Seventeen (17►; thence Northerly along the West line of said Section Seventeen (17) a
<br /> distance of 933.38 feet; thence deflecting right 90 degrees and running Easterly a distance of 933.38 feet;
<br /> thence deflecting right 90 degrees and running Southerly a distance of 933.38 feet; thence deflecting right 90
<br /> degrees and running Westerly a distance of 933.38 feet to the place of beginning and containing Twenty (20)
<br /> acres, more or less.
<br /> HALL
<br /> The Property is located in�@�County at 12651 SOUTH 70TH ROAD, DONIPHAN, Nebraska 68832.
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br /> riparian rights, wells, ditches and water stock and all existing and tuture improvements, structures, fixtures, and
<br /> replacements that may now, or at any time in the future, be part of the real estate described (all referred to as
<br /> Propertyl. This Security Instrument will remain in effect until the Secured Debts and all underlying agreements
<br /> have been terminated in writing by Lender.
<br /> 2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one
<br /> time will not exceed 519,100.84. This limitation of amount does not include interest and other fees and charges
<br /> 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 Lender's security and to perform any of the covenants contained
<br /> in this Security Instrument.
<br /> 3. SECURED DEBTS. This Security Instrument will secure the following Secured Debts:
<br /> A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br /> replacements. A promissory note, dated January 7, 2000, from Grantor to Lender, in the amount of
<br /> S 19,100.84 with interest at the rate of 8.5 percent per year maturing on January 31, 2005.
<br /> B. All Debts. All present and future debts from Grantor to Lender, even if this Security Instrument is not
<br /> specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than
<br /> one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or
<br /> with others who may not sign this Security Instrument. Nothing in this Security Instrument constitutes a
<br /> commitment to make additional or future loans or advances. Any such commitment must be in writing. In the
<br /> event that Lender fails to provide notice of the right of rescission, Lender waives any subsequent security
<br /> interest in the Grantor's principal dwelling that is created by this Security Instrument. This Security
<br /> Instrument will not secure any debt for which a non-possessory, non-purchase money security interest is
<br /> created in "household goods" in connection with a "consumer loan," as those terms are defined by federal
<br /> LINDA C HOWARD
<br /> Nebraska D��d Of Truat Initial I
<br /> NE/2dwind05BC000000000000004A00000048n8 �1996 Bankers Systems,Inc.,St.Cloud,MN Paae
<br />
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