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r <br />r <br />O <br />rri <br />rn <br />cn <br />rrn <br />C_.) <br />m <br />C-31 <br />1. <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 />❑ Master form recorded by ............................ <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is . ................06.30.2004..... . . . . . ...... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: STEPHEN FROEHLICH AND SARAH M. ZIEMER, EACH A SINGLE PERSON <br />4139 PRAIRIE RIDGE LANE <br />GRAND ISLAND, NE 68803.3151 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: KEARNEY STATE BANK AND TRUST COMPANY <br />3015 SECOND AVENUE <br />KEARNEY, NE 68847 <br />BENEFICIARY: KEARNEY STATE BANK AND TRUST COMPANY <br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA <br />3015 2ND AVENUE <br />KEARNEY,NE 68847 <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: LOT THIRTY-THREE (33) IN COUNTRY MEADOWS SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in ............................... H.AI.1, ............................... at 4139.. PRAIRIE. RIDGE.. LANE, ...... . .. _ . <br />(County) <br />............................. ............................... . .................GRAND ..I.SLANO................. Nebraska ....68803 ;31,51..... <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 $ 1. 12., OQ0: 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" 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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) _ (page 1n of 4) <br />M © 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />per ., <br />rn <br />C'3� <br />C <br />M <br />CA <br />r7 <br />z <br />M <br />O <br />CL <br />rn <br />e") <br />15 <br />cn <br />, <br />�' <br />o o <br />o <br />' <br />t <br />IN <br />M <br />m� <br />M <br />0 <br />3 <br />r <br />r n <br />Cn <br />O <br />CD <br />N <br />Gn <br />1 <br />i--h <br />z <br />O <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 />❑ Master form recorded by ............................ <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is . ................06.30.2004..... . . . . . ...... <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: STEPHEN FROEHLICH AND SARAH M. ZIEMER, EACH A SINGLE PERSON <br />4139 PRAIRIE RIDGE LANE <br />GRAND ISLAND, NE 68803.3151 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: KEARNEY STATE BANK AND TRUST COMPANY <br />3015 SECOND AVENUE <br />KEARNEY, NE 68847 <br />BENEFICIARY: KEARNEY STATE BANK AND TRUST COMPANY <br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA <br />3015 2ND AVENUE <br />KEARNEY,NE 68847 <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: LOT THIRTY-THREE (33) IN COUNTRY MEADOWS SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA. <br />The property is located in ............................... H.AI.1, ............................... at 4139.. PRAIRIE. RIDGE.. LANE, ...... . .. _ . <br />(County) <br />............................. ............................... . .................GRAND ..I.SLANO................. Nebraska ....68803 ;31,51..... <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 $ 1. 12., OQ0: 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" 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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) _ (page 1n of 4) <br />M © 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />per ., <br />