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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE 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 ......... M!q 2 , 2000..........
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Lois L. Stade
<br />AKA Lois L. Markvicka
<br />2220 Sheridan Avenue
<br />Grand Island, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Archer Cooperative Credit Union
<br />2121 Archer Road
<br />PO Box 248
<br />Archer, NE 68816
<br />BENEFICIARY: Archer Cooperative Credit Union
<br />2121 Archer Road
<br />PO Box 248
<br />Archer, NE 68816
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and
<br />to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor
<br />irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the
<br />following described property:
<br />Lot Seven (7), in Block Twelve (12), in University Place
<br />an addition to the City of Grand Island, Hall County, Nebraska.
<br />The property is located in ......... .................Hall..... ................... ............................... at .._...__..222Q.. $heridan .... .. „�ye ...
<br />.....
<br />(County)
<br />Grand.. Island ......................... Nebraska .... .....6$.$4.3...................
<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
<br />may 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
<br />shall not exceed $ ......., OQO. QO ............... ............................... This limitation of amount does not include interest and
<br />other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to
<br />advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of
<br />the covenants contained in this 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 />Promissory note showing Lois L. Stade, AKA Lois L. Markvicka as
<br />borrower in the amount of $5,000.00. Note Maturity of 5 -1 -2001.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />© 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397.2341) Form RE -DT -NE 10/27/97 tJ
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