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<br /> � State of Nebraska Space Above This Line For Recording Data •
<br /> REAL ESTATE DEED OF TRUST 0166001043
<br /> (With Future Advance Clause) �
<br /> ❑ Construction Security Agreement �
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .A,g�;il,,,,,,,,,,,,,,26,,,,,,,1999,,,,,,,
<br /> and the parties, their addresses and tax identification numbers, if required, aze as follows:
<br /> TRUSTOR: KEN B MOFFETT and SU Z MOFFETT,
<br /> husband and wife,
<br /> jointly and each in their own right
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: FIItST FEDERAL LINCOLN BANK
<br /> BENEFICIARY: FIItST FEDERAL LINCOLN BANK
<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:
<br /> THE SOUT'HERLY FORTY-SEVEN FEET(S47')OF THE EASTERLY ONE HUNDRED T'HIRTY-TWO FEET(132')OF BLOCK TWELVE(12)IN
<br /> PLEASANT HOME SUBDNISION OF A PART OF THE EAST HALF THE SOUTHEAST QUARTER(El/2SE1/4)OF SECTION
<br /> TWENTY-ONE(21),TOWNSHIP ELEVEN(11)NORTH,RANGE NINE(9),WEST OF THE 6TH P.M.,HALL COUNTY,NEBRASKA;AND THE
<br /> NORTHEASTERLY FORTY-SEVEN(N47')OF THE SOUTH NINETY-FOUR FEET(S94')OF THE EAST ONE HUNDRED THIRTY-TWO
<br /> FEET(E132')OF THE SOUTfI HALF(S1/2)OF BLOCK TWELVE(12)IN PLEASANT HOME SUBDIVISION OF PART OF THE EAST HALF
<br /> OF THE SOUTHEAST QUARTER(El/2 SEl/4)OF SECTION TWENTY-ONE(21),TOWNSHIP ELEVEN(11)NORTH,RANGE NINE(9),
<br /> WEST OF THE 6TH P.M.,IN HALL COUNTY,NEBRASKA.
<br /> Theproperty is located in ....�LL........................................................ at ..............................................
<br /> (Counry)
<br /> 1422 SOiTTH$YLVAN.$TREFT................... GRAND ISLAND.........................., Nebraska .....6$801..........
<br /> .............. ................
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br /> rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br /> now, or at any time in the future, be part of the real estate described above(all referred to as "Property").
<br /> 3. MA�IIMUM OBLIGATION LIl1�IIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ ..............3R,ORO.QO......................... . 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 FUTiJRE ADVANCES. The term "Secured Debt" is defined as follows:
<br /> A.Debt incurred under the terms of all promissory note(s), contract(s), guazanty(s) or other evidence of debt described
<br /> below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s)
<br /> secured and you should include the final maturity date of such debt(s).)
<br /> NEBRASKA-HOME EnU1TY�INE OF CREDIT DEED OF TRUST INOT FOR FNMA,FHLMC,FHA OR VA USEI I'n „n lpag o141
<br /> 11K Y1'I
<br /> m�19r9�4'B�kZ�B ystems,Inc.,St.Cloud,MN Form OCP-REDT-NE 10/7/98 �.�
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