|
11
<br />1.
<br />M n
<br />'n =
<br />c n CA rn
<br />= o iiA \ o o
<br />rn D R1 •- ♦ LnI fV
<br />7C = M f o
<br /><
<br />o � O --
<br />co
<br />rt7 r-
<br />= "1 _
<br />p
<br />1771 v —p n rn o V,
<br />M r—
<br />r— n ^J
<br />CID cn o Z
<br />c" O
<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE 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 .................. 07 -27- 2004.... , . . , . , .. . , . .. .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: JZM INC, A NEBRASKA CORPORATION
<br />3580 N WEBB RD
<br />GRAND ISLAND, NE 68803
<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: ALL OF LOTS TWO (2), AND THREE(3), AND THE EASTERLY 10' OF LOT FOUR (4), ALL IN BLOCK ONE (1) IN CLAUSSEN COUNTRY VIEW ADDITION IN
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ............................... HALL. ............................... at 417,.419, 421,EAST BISMARK.& 710 SOUTH....
<br />(County)
<br />VINE ......................... ..............................I .................. GRAND,ISLAND.................. I Nebraska ........ 68801.........
<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 $ 85,000,00 , ,, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A 5 YEAR TERM NOTE WITH BALLOON AT 6% WITH A MATURITY DATE OF 7110109 AND ANY EXTENSIONS, MODIFICATIONS, AND RENEWALS THEREOF
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />7e/ " © 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/31/2003 ��^
<br />
|