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<br /> DEED OF TRUST
<br /> DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is DECEMBER 30, 1999. The parties
<br /> and their addresses are: ���
<br /> TRUSTOR (Grantorl: `
<br /> JOHN F BELL
<br /> 615 RAVENWOOD �
<br /> GRAND ISLAND, Nebraska 68801 RE ���
<br /> An unmarried individual 2 0 0 0 0 0 4 7 6
<br /> TRUSTEE:
<br /> THE OVERLAND NATIONAL BANK OF GRAND ISLAND
<br /> Financial Institution
<br /> PO Box 1688
<br /> Grand Island, Nebraska 68802-1688
<br /> 470261795
<br /> BENEFICIARY (Lenderl:
<br /> OVERLAND NATIONAL BANK OF GRAND ISLAND
<br /> Organized and existing under the laws of the United States of America
<br /> 304 West 3rd Street
<br /> Grand Island, Nebraska 68802
<br /> 47-0261795
<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, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following
<br /> described property:
<br /> LOT FORTY NINE (491, IN RAVENWOOD, GRAND ISLAND, NEBRASKA.
<br /> The Property is located in HALL County at 615 RAVENWOOD, GRAND ISLAND, Nebraska 68801.
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all
<br /> diversion payments or third party Fayments made to crop producers and all existing and future improvements,
<br /> structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate
<br /> described (all referred to as Property►. This Security Instrument will remain in effect until the Secured Debts an�i
<br /> all underlying agreements have been terminated in writing by Lender.
<br /> 2. MAXIMUM OBLIGA?ION LIMIT. The total principal �mount secured by this Security Instrument at any one
<br /> time will not exceed S 100,000.00. This limitation of amount does not include interest and other fees and
<br /> charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances
<br /> made under the terms of this Security Instrument to protect Lender's security and to pertorm any of the
<br /> covenants contained 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, No. LINE#, dated December 30, 1999, from Grantor to Lender, in the
<br /> amount of S230,000.00 with interest at the rate of 8.5 percent per year mat�ring on December 15, 2007.
<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 /> law governing unfair and deceptive credit practices. This Security Instrument will not secure any debt for
<br /> which a security interest is created in "margin stock" and Lender does not obtain a "statement of purpose,"
<br /> as defined and required by federal law governing securities.
<br /> C. Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of this Security
<br /> Instrument.
<br /> 4. PAYMENTS. Grantor agrees that all payments under the Secured Debts will be paid when due and in
<br /> accordance with the terms of the Secured Debts and this Security Instrument.
<br /> JOHN F BELL
<br /> Nebraska Deed Of Trust Initials
<br /> NE/2xxxxx05B3000000000000003500000036n8 `�t 996 Bankers Systems,Inc.,St.Cloud,MN Page 1
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