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TRUSTOR: <br />Jame L. Obermiller and Ryan L. Snyder, Wife & Husband <br />4112 Buckingham Or <br />Grand Island, NE 68803 <br />507.92.1863 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: BANK OF DONIPHAN <br />518 N EDDY <br />GRAND ISLAND, NE 68801 <br />47. 0490809 <br />BENEFICIARY: BANK OF DONIPHAN <br />Organized and existing under the laws of the state of Nebraska <br />118 W Plum <br />Doniphan, NE 68832 <br />47- 0490809 <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 SIX (6) INDIANHEAD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in ................................ HAJI................................ at 41.12 Buckingham .Dr........................... <br />(County) <br />............................. ............................... . .................... Grand 141PPd..................... Nebraska ........ 68803....... . <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 $ 48, 800. 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 />1 payment due on 10.7.04 of $49,197.19, interest rate 5.75% <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />+-5(15�01994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1130/2002 <br />v <br />o , <br />p <br />rn f� t1 <br />CA <br />s <br />cb <br />-, <br />N <br />p <br />(!1 <br />n > <br />Qa r <br />_ <br />[TI <br />W <br />7C = <br />m <br />a <br />D (33 <br />O <br />M <br />3 <br />I— n <br />Q7 <br />R <br />C 'b <br />A <br />D <br />~ <br />CD <br />ca <br />z <br />d <br />4 <br />State of Nebraska Space Above <br />This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement <br />S <br />d <br />❑ Master form recorded by ............................. <br />1. DATE <br />AND PARTIES. <br />The date of this Deed of Trust (Security Instrument) <br />is .................. <br />07.09.2004........ <br />, ... _ ... . <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: <br />Jame L. Obermiller and Ryan L. Snyder, Wife & Husband <br />4112 Buckingham Or <br />Grand Island, NE 68803 <br />507.92.1863 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: BANK OF DONIPHAN <br />518 N EDDY <br />GRAND ISLAND, NE 68801 <br />47. 0490809 <br />BENEFICIARY: BANK OF DONIPHAN <br />Organized and existing under the laws of the state of Nebraska <br />118 W Plum <br />Doniphan, NE 68832 <br />47- 0490809 <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 SIX (6) INDIANHEAD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in ................................ HAJI................................ at 41.12 Buckingham .Dr........................... <br />(County) <br />............................. ............................... . .................... Grand 141PPd..................... Nebraska ........ 68803....... . <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 $ 48, 800. 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 />1 payment due on 10.7.04 of $49,197.19, interest rate 5.75% <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />+-5(15�01994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1130/2002 <br />