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<br />State of Nebraska
<br />Space Above This Line For
<br />Recording Data n
<br />Z
<br />N
<br />DEED OF TRUST
<br />o
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />50
<br />1. DATE AND PARTIES. The
<br />date of this Deed of Trust (Security Instrument) is
<br />..................
<br />08.03.2004, , , , , .........
<br />, .. .
<br />and the parties, their addresses
<br />and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />Fred I. Hongsermeier and Stephanie A. Hongsermeier, Husband and Wife
<br />408 W 8th St
<br />Grand Island, NE 68801
<br />505 - 74.5394
<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 7, Block 138, Union Pacific Railway Company's Second Addition, to the City of Grand Island, Hall County, Nebraska
<br />The property is located in . ............................... NAIL . ............................... at 4.0.8 W.8th St
<br />..... ...............................
<br />(County)
<br />............................................................. .................... QrAnd Ipp;J.................... , 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 $ 17,800.00 . . .. . .. . . . . . . . . . . . . . . . . . . . . . . . .. . ....... . . 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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4J
<br />E]Kp "' ©1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 _
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