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J <br />o� <br />M <br />qo <br />O <br />I <br />vl <br />1. <br />M <br />M <br />C <br />X W N ' <br />r) _ <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 />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. M- .0.7901............... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: DEWAINE E. MELCH and SHARON A. MELCH, Husband and Wife <br />502 SOUTH SAID STREET <br />CAIRO, NE 68824 <br />o rn <br />N � <br />CD co <br />O Q, <br />t---A C� <br />CD G. <br />s � <br />c <br />o <br />cc <br />r.—► <br />rZ' <br />O <br />s <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Farmers State Bank of Nebraska <br />Box 258 <br />Bennet, NE 68317.0258 <br />47. 0157530 <br />BENEFICIARY: Farmers State Bank of Nebraska <br />Avoca Branch <br />609 House Street <br />Box 755 Avoca, NE 68307 <br />47. 0157530 <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: LOTS ONE (1) AND TWO (2), BLOCK THREE (3), FOURTH ADDITION TO CAIRO, HALL COUNTY, NEBRASKA <br />The property is located in . ............................... HALL .............................. at 597. S.QKU.NP..S.T EU.................. <br />(County) <br />. ................ .......ON...................... Nebraska .........QOW� ....... <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 $ 90. 511A0 ......... ............................... . 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 PROMISORY NOTE g 303150 DATED 101312001 ON THE AMOUNT OF $90,511.00 AND ALL RENEWALS, EXTENSIONS, MODIFICATIONS <br />OR REPLACEMENTS OF THIS LOAN PLUS ANY FUTURE ADVANCES <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHUVIC, FHA OR VA USE) (page <br />01994 Bankers Systems, Inc., St. Cloud, MN (1. 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />C-.) cn <br />M <br />CA <br />0 <br />_ . , <br />C-? <br />G D <br />z —+ <br />r, <br />~' <br />O -n <br />cn <br />o <br />= M <br />M r <br />D C� <br />o <br />�� <br />01 <br />o <br />1-11q <br />n <br />-�3 <br />cn <br />Ln <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 />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. M- .0.7901............... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: DEWAINE E. MELCH and SHARON A. MELCH, Husband and Wife <br />502 SOUTH SAID STREET <br />CAIRO, NE 68824 <br />o rn <br />N � <br />CD co <br />O Q, <br />t---A C� <br />CD G. <br />s � <br />c <br />o <br />cc <br />r.—► <br />rZ' <br />O <br />s <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: Farmers State Bank of Nebraska <br />Box 258 <br />Bennet, NE 68317.0258 <br />47. 0157530 <br />BENEFICIARY: Farmers State Bank of Nebraska <br />Avoca Branch <br />609 House Street <br />Box 755 Avoca, NE 68307 <br />47. 0157530 <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: LOTS ONE (1) AND TWO (2), BLOCK THREE (3), FOURTH ADDITION TO CAIRO, HALL COUNTY, NEBRASKA <br />The property is located in . ............................... HALL .............................. at 597. S.QKU.NP..S.T EU.................. <br />(County) <br />. ................ .......ON...................... Nebraska .........QOW� ....... <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 $ 90. 511A0 ......... ............................... . 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 PROMISORY NOTE g 303150 DATED 101312001 ON THE AMOUNT OF $90,511.00 AND ALL RENEWALS, EXTENSIONS, MODIFICATIONS <br />OR REPLACEMENTS OF THIS LOAN PLUS ANY FUTURE ADVANCES <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHUVIC, FHA OR VA USE) (page <br />01994 Bankers Systems, Inc., St. Cloud, MN (1. 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />