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Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is February 28, 2001. The parties
<br />and their addresses are:
<br />TRUSTOR (Grantor):
<br />MICHAEL D MCCAIN
<br />4229 Texas Avenue
<br />Grand Island, Nebraska 68803 -1008
<br />Husband
<br />KASEY J MCCAIN
<br />4229 Texas Avenue
<br />Grand Island, Nebraska 68803 -1008
<br />Wife
<br />TRUSTEE:
<br />DENNIS P MULLIN
<br />c/o Principal Bank
<br />711 High Street
<br />P.O. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />BENEFICIARY (Lender):
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of Iowa
<br />P. 0. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />42- 1466678
<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 />THE FOLLOWING DESCRIBED REAL PROPERTY IS HALL COUNTY, NEBRASKA: LOT ONE (1), IN CAPITAL
<br />HEIGHTS SIXTH SUBDIVISION, HALL COUNTY, NEBRASKA. SUBJECT TO RESTRICTIONS, RESERVATIONS,
<br />EASEMENTS, COVENANTS, OIL, GAS OR MINERAL RIGHTS OF RECORD, IF ANY.
<br />The property is located in Hall County at 4229 Texas Avenue, Grand Island, Nebraska 68803 -1008.
<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 future improvements, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described (all referred to
<br />as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying
<br />agreements 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 $20,000.00. 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 perform 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. 1416286, dated February 28, 2001, from Michael D McCain
<br />Michael D McCain
<br />Nebraska Deed Of Trust Initial
<br />IA/ 3352C1075D000000000000001200000013nD c1996 Bankers Systems, Inc., St. Cloud, MN age 1
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is February 28, 2001. The parties
<br />and their addresses are:
<br />TRUSTOR (Grantor):
<br />MICHAEL D MCCAIN
<br />4229 Texas Avenue
<br />Grand Island, Nebraska 68803 -1008
<br />Husband
<br />KASEY J MCCAIN
<br />4229 Texas Avenue
<br />Grand Island, Nebraska 68803 -1008
<br />Wife
<br />TRUSTEE:
<br />DENNIS P MULLIN
<br />c/o Principal Bank
<br />711 High Street
<br />P.O. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />BENEFICIARY (Lender):
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of Iowa
<br />P. 0. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />42- 1466678
<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 />THE FOLLOWING DESCRIBED REAL PROPERTY IS HALL COUNTY, NEBRASKA: LOT ONE (1), IN CAPITAL
<br />HEIGHTS SIXTH SUBDIVISION, HALL COUNTY, NEBRASKA. SUBJECT TO RESTRICTIONS, RESERVATIONS,
<br />EASEMENTS, COVENANTS, OIL, GAS OR MINERAL RIGHTS OF RECORD, IF ANY.
<br />The property is located in Hall County at 4229 Texas Avenue, Grand Island, Nebraska 68803 -1008.
<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 future improvements, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described (all referred to
<br />as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying
<br />agreements 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 $20,000.00. 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 perform 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. 1416286, dated February 28, 2001, from Michael D McCain
<br />Michael D McCain
<br />Nebraska Deed Of Trust Initial
<br />IA/ 3352C1075D000000000000001200000013nD c1996 Bankers Systems, Inc., St. Cloud, MN age 1
<br />S
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