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❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Bank of Doniphan
<br />P. 0. Box 270
<br />Ooniphan, NE 68832
<br />BENEFICIARY: BANK OF DONIPHAN
<br />Organized and existing under the laws of the state of Nebraska
<br />PO BOX 270
<br />DONIPHAN, NE 68832
<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 One (1), R.R.R. Subdivision, Hall County, Nebraska
<br />The property is located in ................................ NJ( ................................ at 11963. Airpo rt. Road..........................
<br />(County)
<br />.............................. ..............................I ....................... Cairo......................., Nebraska ........ 68824 ........
<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 $ 23,000,00 . . . .. . . . . . ............. . ....... . ......... . 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debts) secured and you should include the final maturity date of such debt (s).)
<br />Home Equity Line of Credit Agreement dated 1114104 and maturing 1114109
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />M �C��L�o ©1994 Bankers Systems, Inc., SL Cloud, MN Form OCP- REDT -NE 1/31/2003
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<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />o
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..................
<br />01. 14- 2004.............
<br />, . .. .Sc�
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Robert Rodney Rathman and Terry Kay Rathman, Husband and Wife
<br />11963 W Airport Road
<br />Cairo, NE 68824
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Bank of Doniphan
<br />P. 0. Box 270
<br />Ooniphan, NE 68832
<br />BENEFICIARY: BANK OF DONIPHAN
<br />Organized and existing under the laws of the state of Nebraska
<br />PO BOX 270
<br />DONIPHAN, NE 68832
<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 One (1), R.R.R. Subdivision, Hall County, Nebraska
<br />The property is located in ................................ NJ( ................................ at 11963. Airpo rt. Road..........................
<br />(County)
<br />.............................. ..............................I ....................... Cairo......................., Nebraska ........ 68824 ........
<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 $ 23,000,00 . . . .. . . . . . ............. . ....... . ......... . 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debts) secured and you should include the final maturity date of such debt (s).)
<br />Home Equity Line of Credit Agreement dated 1114104 and maturing 1114109
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />M �C��L�o ©1994 Bankers Systems, Inc., SL Cloud, MN Form OCP- REDT -NE 1/31/2003
<br />
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