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<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 Tra nor'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 SIXTEEN 116), JEFFREY OAKS SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Ar;' +c
<br />The property is located in ..................................... ............................... at 4046 NOHSEMAN AVENGE.....................
<br />(County)
<br />....................................................... .........................litiMp SLANG................... Nebraska ... ....94007........
<br />(Address) (City) (ZIP Cade)
<br />Together with all Tights, 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 Instrunamt at any one time shall
<br />not exceed $ ) 99A UM .......... ............................... This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security InStrurnent. 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 "Seemed Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contracts), 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 />SINGLE PAY NOTE TO RYAN AND VANDEE SAMELSON AT 5.75% FOR 90 OYAS AND ANY OTHER RENEWALS. EXTENSIONS, AND MODIFICATIONS
<br />THEREOF
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FIIA OR VA USE) (page 1 of 4)
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<br />•✓ r— 0 1994 Bankers Sysm —, n o.. St. Crowd, MN Farm RE NE IM.12003
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<br />RvrordinK Dam
<br />DEED OF TRUST
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<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..................OB
<br />g3do114,,,,.....
<br />,,......
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RYAN C. SAMELSON and VANDEE M. SAMELSON, HUSBAND AND WIFE
<br />4046 NORSEMAN AVENUE
<br />GRAND ISLAND, NE 68803
<br />505.23.3392
<br />❑ If checked, refer to the at ached Addendum incorporated herein, for additional Trustors,
<br />their signatures and
<br />acknowledgments.
<br />TRUSTEE: BANK OF DONIPHAN
<br />618 N EDDY
<br />GRAND ISLAND, NE 68001
<br />470480808
<br />BENEFICIARY: BANK OF OONIPHAN
<br />Organized Bad existing under the laws of the stele of Nehraska
<br />11 B W PLUM
<br />OONIPHAN, NE 60832
<br />47 0490BOB
<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 Tra nor'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 SIXTEEN 116), JEFFREY OAKS SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Ar;' +c
<br />The property is located in ..................................... ............................... at 4046 NOHSEMAN AVENGE.....................
<br />(County)
<br />....................................................... .........................litiMp SLANG................... Nebraska ... ....94007........
<br />(Address) (City) (ZIP Cade)
<br />Together with all Tights, 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 Instrunamt at any one time shall
<br />not exceed $ ) 99A UM .......... ............................... This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security InStrurnent. 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 "Seemed Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contracts), 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 />SINGLE PAY NOTE TO RYAN AND VANDEE SAMELSON AT 5.75% FOR 90 OYAS AND ANY OTHER RENEWALS. EXTENSIONS, AND MODIFICATIONS
<br />THEREOF
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FIIA OR VA USE) (page 1 of 4)
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<br />•✓ r— 0 1994 Bankers Sysm —, n o.. St. Crowd, MN Farm RE NE IM.12003
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