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� 99 109963
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<br /> State of Nebraska Space Above This Line For Recording Data •
<br /> DEED OF TRUST
<br /> (With�ture Advance Clause) �
<br /> 0
<br /> �$Construction Security Agreement �
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .......�tober,8,,,.1999,,,,,,,,,,,,,
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: RO1�,LD R. SC�F
<br /> A SINGLE PERSON
<br /> 14375 SOUTH AL� ROAD
<br /> PROSSER, NE 68883
<br /> Social Security #: 505-92-3645
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: BANK OF Q�1F2KS
<br /> A S'I�TE C�TZ'1�ID BANKIl�TG CbRP'ORATION
<br /> 301 N. GRE�T, P.O. BOX 125
<br /> CLARKS, NE 68628-0125
<br /> T�ayer I.D. #: 47-0098065
<br /> BENEFICIARY:BANK OF C�,ARKS
<br /> O�anized and existing under the laws of the state of Nebraska
<br /> P.O. BOX. 125
<br /> Q�AF2FGS, NE 68628
<br /> Ta�ayer I.D. #: 47-0098065
<br /> 2. CONYEY�I�TCE. For gaod and vu:uable .~:onsi3eratior., :he receipt a.z� suffcizricy c�f �vhicn is ack�iuwledgea, �id 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: � p� (1) , S'I'EART�� SCTBDIVISION, HALL C'OiJNTY, NE�RASKA
<br /> Theproperty is located in�L............................................................. at ..............................................
<br /> (County)
<br /> 14375,SOUI�i,ALDA,RQP�D , PROSSER , Nebraska . 68883.............
<br /> ............................ ...................................................
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appuRenances, 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 refened to as "Property").
<br /> 3. MA7�:IMUM OBLIGATION LIIVIIT. 1'he total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $ 105,,000.;00 .... . This limitation of amount does not include interest and other fees
<br /> .............................
<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 FIJTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br /> A.Debt incuned 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 /> A NOTE OF E�III�IDATE HERENTITH BEARING I�AN NUMBER 32937 IN TF� AMO�TI' OF $105,000
<br /> AT A 9.65% FI� RATE OF II�PTEREST AND DiJE 2-15-00.
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) /pege 1 of 41
<br /> �1994 Bankers Systems,Int.,St.Cloud,MN (i-800397-2341) Form RE-DT-NE 10/27/97 {�" � ' ' � , � . �
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