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65
<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 ....... May„ 30,, 2000 .................. o
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: CHRIS A. STAHL
<br />4317 CLAUSSEN RD
<br />GRAND ISLAND, NE
<br />Social Security #:
<br />LORIE A. STAHL
<br />4317 CLAUSSEN RD
<br />68803 GRAND ISLAND, NE
<br />508-96 -5502 Social Security #:
<br />68803
<br />507 -02 -0375
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: THE RAVENNA BANK
<br />A COMMERCIAL BANK
<br />P.O. BOX 40
<br />RAVENNA, NE 68869
<br />Taxpayer I.D. #: 47- 0277600
<br />BENEFICIARY: THE RAVENNN BANK
<br />Organized and existing under the laws of the state of Nebraska
<br />423 GRADED AVE. PO BCX 40
<br />RAVENNA,, NE 68869
<br />_. Ta2piyer I.D. #: 47- 0277600
<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. CLAUSSEN SUBDIVISION, LOT 4, CITY OF GRAND ISLAND, HALL CJd Wry NE.
<br />Theproperty is located in HALL .............................. ............................... at ............... ...............................
<br />(County)
<br />4317 CLAUSSEN RD , RAVENNA 68869 .
<br />............................. ............................... .................... ............................... , Nebraska .
<br />(Addreee) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances,_ Maltias, 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. MAIIIMUM OBLIGATION LHWr. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 9Qc 000.00,,,, , 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 />PRCRUSSORY NOTE DATED 5 -30-00 WITH A COMMITMENT OF $90,000.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA Y ,�
<br />0 1884 Bankers Systems, Inc., St. Cloud, MN 0.800- 387 -23411 Form RE -0T -ICE' 112W
<br />(page 1 of 4)
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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 ....... May„ 30,, 2000 .................. o
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: CHRIS A. STAHL
<br />4317 CLAUSSEN RD
<br />GRAND ISLAND, NE
<br />Social Security #:
<br />LORIE A. STAHL
<br />4317 CLAUSSEN RD
<br />68803 GRAND ISLAND, NE
<br />508-96 -5502 Social Security #:
<br />68803
<br />507 -02 -0375
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: THE RAVENNA BANK
<br />A COMMERCIAL BANK
<br />P.O. BOX 40
<br />RAVENNA, NE 68869
<br />Taxpayer I.D. #: 47- 0277600
<br />BENEFICIARY: THE RAVENNN BANK
<br />Organized and existing under the laws of the state of Nebraska
<br />423 GRADED AVE. PO BCX 40
<br />RAVENNA,, NE 68869
<br />_. Ta2piyer I.D. #: 47- 0277600
<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. CLAUSSEN SUBDIVISION, LOT 4, CITY OF GRAND ISLAND, HALL CJd Wry NE.
<br />Theproperty is located in HALL .............................. ............................... at ............... ...............................
<br />(County)
<br />4317 CLAUSSEN RD , RAVENNA 68869 .
<br />............................. ............................... .................... ............................... , Nebraska .
<br />(Addreee) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances,_ Maltias, 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. MAIIIMUM OBLIGATION LHWr. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 9Qc 000.00,,,, , 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 />PRCRUSSORY NOTE DATED 5 -30-00 WITH A COMMITMENT OF $90,000.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA Y ,�
<br />0 1884 Bankers Systems, Inc., St. Cloud, MN 0.800- 387 -23411 Form RE -0T -ICE' 112W
<br />(page 1 of 4)
<br />
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