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<br /> W State of Nebraska Space Above This Line For Recordingdlata 2j
<br /> DEED OF TRUST
<br /> (With Future Advance Clause)
<br /> ❑ Construction Security Agreement
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......June,.4,.. 1999..................
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: ROBERT L. RAYER LARITA M. RAYER
<br /> HCTSBAI�ID AI�ID WIFE HUSBAI�ID AI�ID WIFE
<br /> PO BOX 95 PO BOX 95
<br /> V�IOOD RIVER, NE 68883 WOOD RIVER, NE 68883
<br /> Social Security #: 506-82-0497 Social Security #: 507-92-0747
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: BANK OF T�100D RIVER
<br /> CORPORATION
<br /> PO BOX 487
<br /> WOOD RIVER, NE 68883
<br /> Taxpayer I.D. #: 47-0098350
<br /> BENEFICIARY:BANK OF T�IOOD RIVER
<br /> O�ganized and existing under the laws of the United States of Arr�rica
<br /> 110 E. 9TH
<br /> VJOOD RIVER, NE 68883
<br /> Taxpayer I.D. #: 47-0098350
<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: � ��,� (12) , AI�ID TI� EAST 'Ii�JEN'TY-FIVE (E 25' } OF I�OT �,�1F'�T (11) , BIIJC'K
<br /> SIX (6) , FIRST ADDITION TO V�100D RIVE�2, HALL C17UNTY, NEBRASKA
<br /> Theproperty is located in�L............................................................. at ..............................................
<br /> (Counry)
<br /> 1202.WEST S�T WOOD.RIVER...NE:......................... Nebraska . 68883.............
<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. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $13.,000,;00,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, , �is 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. SECiJRED DEBT AND FUTLTRE 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 /> BANK OF WOOD RIVER IN 'I�E AMOUNT OF $13,000 OF E�IE[�T DATE HE[2EWITH
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) (page 1 of 41
<br /> 01994 Bankers Systems,Inc.,St.Cloud,MN (1-800-397-2341) Form RE-DT-NE 10/27/97
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