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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 CREDIT UNION <br />2121 ARCHER ROAD <br />ARCHER, NE 68816 <br />BENEFICIARY: <br />ARCHER COOPERATIVE <br />CFEDIT UNION <br />2121 ARCHER RD. <br />ARCHER, NE 68816 <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 in UALL .............................. ............................... at ............... ............................... <br />(County) <br />.............................. ............................... Nebraska 68801.............. <br />(Address) (City) (ZIP Code) <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 L1 MIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ . . . . . . . . . . . . . ......... . . ........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 dat , etc.) <br />Promissory Note dated 8 -16 -2004 showing Kris Ann Williams and B. Monte <br />Williams, husband and wife, as borrowers in the amount of $11,4 0.00. <br />Note maturity dated as of March 31, 2006. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />E x/-- rL—refo � O 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 ` <br />ro <br />n <br />C <br />M rs <br />'rn cn' <br />_ <br />o Cr) <br />n Z <br />rnDN� <br />s <br />r 1 <br />© --4 <br />z� <br />o <br />Nom+ <br />cv <br />co <br />O <br />CL <br />?� <br />� <br />O <br />.3 <br />co <br />o <br />n <br />u-i <br />� <br />200409552 <br />�' <br />f-+ <br />"`" <br />�' <br />CD <br />— State of Nebraska Space Above This <br />Line For Recording <br />Ln <br />DWta <br />N <br />DEED OF TRUST <br />o <br />Z <br />(With Future Advance Clause) <br />❑ Construction Security Agreement <br />❑ Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ........ <br />8 -1.6 -2004 . . .... . . . . . <br />. . .. . . . .. . . . <br />and the parties, <br />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 CREDIT UNION <br />2121 ARCHER ROAD <br />ARCHER, NE 68816 <br />BENEFICIARY: <br />ARCHER COOPERATIVE <br />CFEDIT UNION <br />2121 ARCHER RD. <br />ARCHER, NE 68816 <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 in UALL .............................. ............................... at ............... ............................... <br />(County) <br />.............................. ............................... Nebraska 68801.............. <br />(Address) (City) (ZIP Code) <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 L1 MIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ . . . . . . . . . . . . . ......... . . ........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 dat , etc.) <br />Promissory Note dated 8 -16 -2004 showing Kris Ann Williams and B. Monte <br />Williams, husband and wife, as borrowers in the amount of $11,4 0.00. <br />Note maturity dated as of March 31, 2006. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />E x/-- rL—refo � O 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 ` <br />