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4 S <br />rb <br />Q <br />-P <br />4\ <br />i <br />dl. <br />�O <br />200409551 <br />S State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) U 54 <br />tC ❑ Construction Security Agreement <br />❑ :'.Master form recorded by <br />DA ,AND PARTIES. The date of this Deed of Trust (Security . <br />Instrument) is .........8— <br />1 6 — 2 0 0 4 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: <br />KRIS ANN WILLIAMS AND B. MONTE WILLIAMS, MARRIED PERSONS <br />2103 V ROAD <br />CLARKS NE 68628 -0000 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />ARCHER COOPERATIVE <br />2121 ARCHER ROAD <br />ARCHER, NE 68816 <br />BENEFICIARY: <br />ARCHER COOPERATIVE <br />CREDIT UNION <br />2121 ARCHER RD. <br />ARCHER, NE 68816 <br />CREDIT UNION <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: <br />LOT SEVEN (7), BLOCK FIVE (5), GILBERT'S SECOND ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />Theproperty is located inUZLL .............................. ............................... at ............... ............................... <br />(County) <br />.........................QFW..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 $ .... 3 3,, 6 0 0 ; ,0 0 . . . . . . . . . . . . . . .................. 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 />Promissory Note dated 8 -16 -2004 showing Kris Ann Williams <br />a married person, as borrower in the amount of $33,600.0 <br />Note maturity dated as of 3 -16 -2006. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI (Pa <br />O 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1 /30/2002 `" v 144 <br />= D <br />a <br />rn <br />® <br />IM <br />—4 <br />..�i• <br />(1 <br />Z_': <br />v <br />M <br />0 Q <br />y c <br />0 <br />m <br />Cp <br />V1 <br />`n <br />o <br />;K <br />`� 3 <br />CID <br />Cn <br />~ <br />Cn <br />z <br />200409551 <br />S State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) U 54 <br />tC ❑ Construction Security Agreement <br />❑ :'.Master form recorded by <br />DA ,AND PARTIES. The date of this Deed of Trust (Security . <br />Instrument) is .........8— <br />1 6 — 2 0 0 4 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: <br />KRIS ANN WILLIAMS AND B. MONTE WILLIAMS, MARRIED PERSONS <br />2103 V ROAD <br />CLARKS NE 68628 -0000 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />ARCHER COOPERATIVE <br />2121 ARCHER ROAD <br />ARCHER, NE 68816 <br />BENEFICIARY: <br />ARCHER COOPERATIVE <br />CREDIT UNION <br />2121 ARCHER RD. <br />ARCHER, NE 68816 <br />CREDIT UNION <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: <br />LOT SEVEN (7), BLOCK FIVE (5), GILBERT'S SECOND ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />Theproperty is located inUZLL .............................. ............................... at ............... ............................... <br />(County) <br />.........................QFW..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 $ .... 3 3,, 6 0 0 ; ,0 0 . . . . . . . . . . . . . . .................. 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 />Promissory Note dated 8 -16 -2004 showing Kris Ann Williams <br />a married person, as borrower in the amount of $33,600.0 <br />Note maturity dated as of 3 -16 -2006. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI (Pa <br />O 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1 /30/2002 `" v 144 <br />