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<br />MState of Nebraska Space Above This Line For Recording Data
<br />< DEED OF TRUST
<br />n (With Future Advance Clause)
<br />N❑ Construction Security Agreement j
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......!?I!Y 25, 2001 �
<br />.......................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: FRANK C SCHNEIDER BETTY G SCHNEIDER (AKA BETTY
<br />HUSBAND SCHNEIDER)
<br />1708 DENVER ST WIFE
<br />SCHUYLER, NE 68661 1708 DENVER ST
<br />SOCIAL SECURITY #: 506 -42 -6238 SCHUYLER, NE 68661
<br />SOCIAL SECURITY #: 505 -38 -6686
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: PINNACLE BANK
<br />CORPORATICN
<br />301 E 11TH ST
<br />SCHUYLER, NE 68661
<br />BENEFICIARY: PINNACLE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P O BOX 427
<br />SCHUYLER, NE 68661 -0427
<br />TAXPAYER I.D. #: 47- 0098450
<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: LpT 'IW (2) DICKEY SEVENTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />Theprople= is located in �L .............................. ............................... at ............... ...............................
<br />,W10.EG4. L (County)
<br />,.G;A. „ST , PATRICK, AVE GRAND , ISL AND .............................. Nebraska . 68801
<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 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. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 7.0,, 00M0 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 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 />A NOTE DATED 7 -26 -01
<br />i
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLnAC, FHA OR VA USE) (page 1 of 4) I
<br />01994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97
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