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o <br />T v <br />n ii C i`r'i i C� o --A O <br />= y o > z- N rn <br />n x c n m c� m O e-q- <br />n O co <br />O 'Tt O N <br />i O C]. <br />ll� °m <br />M r C' cis <br />CD r D <br />' 00 Co <br />Cil <br />cn Z <br />Q <br />'fi• <br />Space Above This Line For Recording Data <br />DEED OF TRUST s <br />(With Future Advance Clause) S' <br />cy <br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is November 8, 2000. The parties <br />and their addresses are: <br />TRUSTOR (Grantor): <br />STANLEY E ARNOLD <br />4263 New York Avenue <br />Grand Island, Nebraska 68803 <br />Husband <br />PATSY R ARNOLD <br />4263 New York Avenue <br />Grand Island, Nebraska 68803 <br />Wife <br />TRUSTEE: <br />BARBARA C MUELLER <br />c/o Principal Bank <br />711 High Street <br />P.O. Box 9351 <br />Des Moines, Iowa 50306 -9467 <br />BENEFICIARY (Lender): <br />PRINCIPAL BANK <br />Organized and existing under the laws of Iowa <br />P. 0. Box 9351 <br />Des Moines, Iowa 50306 -9467 <br />42- 1466678 <br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, <br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably <br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following <br />described property: <br />THE FOLLOWING DESCRIBED REAL PROPERTY IN HALL COUNTY, NEBRASKA: LOT 1, BLOCK 2, CAPITAL <br />HEIGHTS SECOND SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. SUBJECT TO <br />RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENANTS, OIL, GAS OR MINERAL RIGHTS OF RECORD, IF <br />ANY. <br />The property is located in Hall County at 4263 New York Avenue, Grand Island, Nebraska 68803. <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and <br />riparian rights, wells, 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 (all referred to <br />as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying <br />agreements have been terminated in writing by Lender. <br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one <br />time will not exceed $29,000.00. This limitation of amount does not include interest and other fees and <br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances <br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the <br />covenants contained in this Security Instrument. <br />3. SECURED DEBTS. This Security Instrument will secure the following Secured Debts: <br />Stanley E Arnold <br />Nebraska Deed Of Trust Initials <br />IA/ 3352C106ED000000000000001200000013nA °1996 Bankers Systems, Inc., St. Cloud, MN Page 1 <br />