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<br />DEED OF TRUST
<br />(With FLture Advance Clanae)
<br />IN Construction Security Agreement.
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<br />1. DATE. AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. Ok0001 ,......Ye
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<br />and the parties, their addresses and lax identification numbers, if required, are as follows:
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<br />KD
<br />TRUSTOR: LISKE CONSTRUCTION CO., INC.. A NEBRASKA CORPORATION
<br />821 W. LOUISE
<br />GRAND ISLAND, NE 88801
<br />47GERBIDI
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures
<br />and
<br />acknowledgments.
<br />TRUSTEE: BANK OF DDNIPHAN
<br />P 0 BOX 270
<br />OONIPHAN, NE OBB320270
<br />47.0400809
<br />BENEFICIARY: BANK OF DONIPHAN
<br />P 0 BOX 270
<br />OONIPHAN, NE 88832.0270
<br />47 0480809
<br />2. CONVEYANCE. For good and valuable consideration, Ilse receipt and sufficiency if which is acknowledged, and
<br />to
<br />secure the Secured Debt (defined below) and Trustofs perfonttance under this Security InslNmenl, '1'ruslor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, Ilse following described
<br />property: LOT FOUR 141, IN BLOCK 1111E1 IN WIEBEB ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in ...... ....................... ... N? R .... ................. ,..... .... at 0Z1.W, LOUISE ............. .._...............
<br />(Ccuaty)
<br />.................................:........................... ....... ....... ... cRWISONA ...... ....... ...... Nebraska ........ 9BBO.i.........
<br />(Address) (City) (ZIP CWd
<br />Together with all rights, casements, 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, he part of Nc 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 live shall
<br />not exceed $ .MDR r0 ........... ............................... This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant In this Security Instrument. Also, this limitation does rut apply to advancer made under
<br />the tents Of this Security hedrument to protect Beneficiary's security and to perfrml any of the covenants contained in Nis
<br />Security Instrument.
<br />4. SECDRED DEBT AND FUTURE ADVANCES. The teat "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms Of all promissory Briefs), eonlraet(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (OP)en referencing the debts below it is
<br />.vmggested than you include ftems such as borrowers' names, note ainounts, interest rates, maturity dater, etc.)
<br />BANK Of DONIPIIAN NOTE OATEII 719WN AND ALL RENEWALS. EXTENSIONS AND MODIFICATIONS
<br />NEBRASKA - DFLD OF TRUST INOT FOR FNMA, IHI uC, FHA Oa VA URR /page 1 0f 4/
<br />01 996 Denhav 6ealann, —. St nwd, MN 11!10098) -Z3C 11 From FF FT -NE IOe?] l
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