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<br /> � 99 108971 �
<br /> State of Nebraska
<br /> Space Above This Line For Recording Data •
<br /> DEED OF TRUST �,
<br /> (With Future Advance Clause) cr
<br /> �$Construction Security Agreement Au t 30 1999 ,
<br /> a
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ...........�••••••�•'•••�••••�•••••••"""'
<br /> and the parties, thg�r addresses and ta�c identification numbers, if required, are as follows:
<br /> SUSAN D. HCTFF
<br /> TRUSTOR: '�'r �F p,S ��
<br /> `� �5�� 43044 KOI�OR ROAD
<br /> 43044 KOI�OR RQP,D GIB�� � 68840
<br /> GIB�ON, NE 68840
<br /> Social Security #: 507-98-2749 Social Security #: 505-13-2587
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: �K �F �� �pgppgp,,I,I�T
<br /> A STATE C�iAR'I'ERED F�AN�N�
<br /> 3 01 N. GREE�T, P•O• BOX 125
<br /> (�.,ARKS, NE 68628-0125
<br /> Taxpayer I.D. #: 47-0098065
<br /> BENEFICIARY:BANK OF C�ARKS
<br /> p�anized and existing under the laws of the state of Nebraska
<br /> P.O. B�OX 125
<br /> C�LARKg, NE 68628
<br /> T�cpayex�Z�I�_ #:__ 47-009.fiQ6�-__ ____--- - - — _ _ -
<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: LpT SEVE[�T (7) , T'S SUgDNISION OF PAR.T OF 'THE NORT�iVJEST 4�'� OF THE
<br /> SO��N 4��ST OF 4Z�16TH PFM E�HALZ COUN'I'Y,>NEBRASKAIP II.�'VII� (11) NORTH,
<br /> RAN
<br /> The property is located m ••••••�""""'
<br /> ................ at ..............................................
<br /> ....................................
<br /> (Counry)
<br /> GRAND ISLA;L�ID.............................. Nebraska . 68801.............
<br /> EAST 7TH STRE�r.................................. ............ (ZIP Code)
<br /> .........................�Address) (CitY)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br /> rights, ditcnes, 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. MAXIMiJM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $95,,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"u�d�e�msd o o�her evidence of debt described
<br /> A.Debt incurred under the terms of all promissory note(s), contract(s), g y� )
<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 NOTE OF EVIIVIaA'I'E I�REVJITH IN THE ANiOUNT OF $95 000 BEARING AN INTgtEST RATE
<br /> OF 9.65% AI�ID A �I�I��'� OF 12-3-99 FOR T�iE �URP�SE OF NlOVING A MODULAR.
<br /> HOME AI�ID COTTSTRU
<br /> (page 1 of 41
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USEI
<br /> m1994 Bankers Systems,Inc.,St.Cloud,MN (1-800-397-2341) Form RE-DT-NE 10t�7/97 # , .
<br />�
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