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<br /> 99 iit��52 � a
<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 .......Noyember,l,,,,1999.,,,,,,,,,,
<br /> and the parties, their addresses and ta�c identification numbers, if required, are as follows:
<br /> TRUSTOR: � H• CAUDILL III T�IA CAUDILL
<br /> HUSBAl�ID ADID JOINT DE�IOR WIFE ArID JOINT DEB'IbR
<br /> 1313 16TH AVEN[JE 1313 16TH AVENtJE
<br /> CE�.VTRP,L CITY, NE 68826 C�N'IRAL CITY, NE 68826
<br /> Social Security #: 507-04-1820 Social Security #: 505-96-8290
<br /> ❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: B�11�TK OF CLARI{S
<br /> STATE C��2TEftID BANKITTG C17RPORATION
<br /> 301 N. C�tEE��T, P.O. HC?X 125
<br /> C�E2KS, NE 68628
<br /> Ta�ayer I.D. #: 47-0098065
<br /> BENEFICIARY:BANK OF CLARKS
<br /> Organized and existing under the laws of the state of Nebraska
<br /> P.O. BOX 125
<br /> C�ZKS, NE 68628
<br /> Tax�ayer I.D. #: 47-0098065
<br /> �
<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: � p� (1) IN BLTJC'K TII�T (10) OF T�iE ORIGINAL �V�T, NOW CITY OF C��ID
<br /> ISI�i�ID, F�LI� C'OLRV'I'Y, NE6RASKP,.
<br /> �
<br /> Theproperty is located in�L............................................................. at ..............................................
<br /> (County)
<br /> 403.-405„W..7TH/614„616„N,i�LIV[J'T GRAI�ID ISI�l�ID,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Nebraska . 68801,,,,,,,,,,,,,
<br /> ............ ................... ,
<br /> (Address) (Ciry) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royatties, 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. MAXIMLTM OBLIGATION LIlVIIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed $$?.�250,;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 FUTURE 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 /> A TK7!'E OF EVEEL��IDATE I-�RETn1ITH IN TI� AMOL�TI' OF 87,250 BEARING AN INTEREST RATE
<br /> OF 10.50% ANlORTIZID OVER 15 YF�ZS WITH A PAYMEN'T DIJE NOVII� 5, 2009.
<br /> NEBRASKA-DEED OF TRUST INOT FOR FNMA,FHLMC,FHA OR VA USE) (pege 1 of 41
<br /> ��t � � � *� ,�e
<br /> �7994 Bankers Systems,Inc.,St.Cloud,MN (1-800397-2341) Form RE-DT-NE 70/27/97 � �,t ����
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