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<br /> 99 ia9655
<br /> State of Nebraska Space Above This Line For Recording Data
<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 .......September,24,,,1999.,,,,,,,
<br /> and the parties, their addresses and ta�c identification numbers, if required, aze as follows:
<br /> TRUSTOR: �ILLIP C• BOWERS KRISTI L. BOWERS
<br /> HUSBAND AND WIFE HLTSBAI�ID AND WIFE
<br /> 3978 S CAMERON ROAD 3978 S C�20N RQAD
<br /> WOOD RIVER, NE 68883 WOOD RIVER, NE 68883
<br /> Social Security #: 508-86-2997 Social Security #: 505-94-8413
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: BANK OF WOOD RIVER
<br /> CORPORATION
<br /> PO BOX 487
<br /> WOOD RIVER, NE 68883
<br /> T�ayer I.D. #: 47-0098350
<br /> BENEFICIARY:BANK OF WOOD RIVER
<br /> O�anized and existing under the laws of the United States of America
<br /> 110 E. 9TH
<br /> WOOD RIVEE2, 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 inevocably
<br /> grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br /> property: Li(7T ONE (1) � BOVJF�.S SCTBDIVISION, HALL COUN'IY, NEBRASKA
<br /> Thepro�perty is located in��............................................................. at ..............................................
<br /> �/2 S (County)
<br /> 7-A��W G[JEN'I� , ALDA,..�..................................... Nebraska . 68810.............
<br /> 1/�.......................�aaaressj......................... �c�cy� (ZIP Code)
<br /> (�c�
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and ripazian
<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. MAXIMLIM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $116,.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. SECURED DEBT AND FLJTLTRE 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 i�100D RIVER I,OAN IN 'I�E ANIOUNT OF $116,000 SIC�1ID BY PHILLIP C. BOWERS
<br /> AND KRISTI L. BOWER.S OF EVII�T DATE HEftEOF.
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) � (pagB 1 O
<br /> 01994 Bankers Systems,Inc.,St.Cloud,MN 11-800-397-2347) Form RE-DT-NE 10/27/97 � � � �
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