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<br />When Recorded Return To:
<br />Charter West Bank
<br />201 S. Main St
<br />West Point, NE 68788
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<br />Loan No: 800464
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by
<br />Parcel ID: 400182416
<br />1. DATE AND PARTIES. The date of this Mortgage (Security Instrument) is August 22, 2022
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Kevin M Callahan AND Shannon R Callahan, Husband and Wife
<br />TRUSTEE: Charter West Bank
<br />201 South Main Street, P.O. Box 288, West Point, NE 68788
<br />BENEFICIARY: Charter West Bank
<br />201 So Main St, West Point, NE 68788
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is
<br />acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this
<br />Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of
<br />Beneficiary, with power of sale, the following described property:
<br />Lot 1, Bartelt Second Subdivision in the Village of Doniphan, Hall County, Nebraska, Excepting the
<br />North 85 feet and Excepting a tract of land more particularly described in Survivorship Warranty Deed
<br />recorded as Document No. 79-003289.
<br />The property is located in
<br />Hall at
<br />(County)
<br />322 N Church St Doniphan , Nebraska 68832
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water
<br />and riparian rights, 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 above (all
<br />referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at
<br />anyone time shall not exceed $ 55,000.00 . This limitation of amount does not include interest
<br />and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not
<br />apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to
<br />perform any of 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
<br />of debt described below and all their extensions, renewals, modifications or substitutions. (When
<br />referencing the debts below it is suggested that you include items such as borrowers' names, note
<br />amounts, interest rates, maturity dates, etc.)
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Laser Forms Inc.
<br />LFI #CHA100 1115 Page 1 of 5 Initials:7_
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