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<br />DEED OF TRUST
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<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument is Q9-Q.7.-2QQ.1 ..............
<br />d
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: CHAD A. ESSEX AND MELISSA K. ESSEX, HUSBAND AND WIFE
<br />205 SUNNY DRIVE
<br />DONIPHAN, NE 68832
<br />506 -11 -3055, 508 -21 -5419
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: ADAMS STATE BANK
<br />PO BOX 106
<br />ADAMS, NE 68301
<br />47- 0087930
<br />BENEFICIARY: ADAMS STATE BANK
<br />PO BOX 106
<br />ADAMS, NE 68301
<br />47- 0087930
<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: LOT 9, WHITES SUNNY SLOPES SUBDIVISION, IN HALL COUNTY, NEBRASKA.
<br />The property is located in ............................. H 6. 1 1.............................. at 2955VNNY DRIV E..............
<br />(County)
<br />.............................. ............................... ................. PQ.NJFHAN................. Nebraska ...... .Q$.$32......
<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 $ ..$. O. QprOO ............................... 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 />NOTE DATED 9 -7 -01 IN THE AMOUNT OF 7.375% WITH MO. PAY. OF $1223.37
<br />BEG. 10 -15 -2001 WITH A BALOON PAYMENT OF $15386.47 ON 9-15-2011.-
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHUMC, FHA OR VA USE)
<br />©1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form R&DT- NE-10/27/97
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
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<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument is Q9-Q.7.-2QQ.1 ..............
<br />d
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: CHAD A. ESSEX AND MELISSA K. ESSEX, HUSBAND AND WIFE
<br />205 SUNNY DRIVE
<br />DONIPHAN, NE 68832
<br />506 -11 -3055, 508 -21 -5419
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: ADAMS STATE BANK
<br />PO BOX 106
<br />ADAMS, NE 68301
<br />47- 0087930
<br />BENEFICIARY: ADAMS STATE BANK
<br />PO BOX 106
<br />ADAMS, NE 68301
<br />47- 0087930
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: LOT 9, WHITES SUNNY SLOPES SUBDIVISION, IN HALL COUNTY, NEBRASKA.
<br />The property is located in ............................. H 6. 1 1.............................. at 2955VNNY DRIV E..............
<br />(County)
<br />.............................. ............................... ................. PQ.NJFHAN................. Nebraska ...... .Q$.$32......
<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 $ ..$. O. QprOO ............................... 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 />NOTE DATED 9 -7 -01 IN THE AMOUNT OF 7.375% WITH MO. PAY. OF $1223.37
<br />BEG. 10 -15 -2001 WITH A BALOON PAYMENT OF $15386.47 ON 9-15-2011.-
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHUMC, FHA OR VA USE)
<br />©1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form R&DT- NE-10/27/97
<br />
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