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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 />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
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<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
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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 />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
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<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 />
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