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DEED OF TRUST
<br />(With Future Advance Clause)
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is January 23, 2002. The parties
<br />and their addresses are:
<br />TRUSTOR (Grantor):
<br />CHERYL A PREISTER
<br />1111 N Clark Street
<br />Grand Island, Nebraska 68801
<br />A Single Person
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />Corporation
<br />P. O. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />BENEFICIARY ILenderl:
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of Iowa
<br />P. O. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />42- 1466678
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following
<br />described property:
<br />THE FOLLOWING DESCRIBED REAL PROPERTY IN HALL COUNTY, NEBRASKA: THE NORTHERLY FIFTY
<br />THREE (53) FEET OF FRACTIONAL LOT SIX (6) IN FRACTIONAL BLOCK FORTY -EIGHT (48) IN RUSSEL
<br />WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND ITS
<br />COMPLEMENT, THE NORTHERLY FIFTY THREE (53) FEET OF FRACTIONAL LOT SIX (6) IN FRACTIONAL
<br />BLOCK SEVEN (7), IN GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />THE NORTHERLY 53 FEET OF THE WESTERLY ONE -HALF OF FRACTIONAL LOT 7 IN FRACTIONAL BLOCK
<br />48, IN RUSSELL WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AND
<br />ITS COMPLEMENT THE NORTHERLY 53 FEET OF THE WESTERLY ONE -HALF OF FRACTIONAL LOT 7 IN
<br />FRACTIONAL BLOCK 7, IN GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA. TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENANTS, OIL, GAS OR MINERAL
<br />RIGHTS OF RECORD, IF ANY.
<br />The property is located in Hall County at 1111 N Clark Street, Grand Island, Nebraska 68801.
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, wells, ditches and water stock and all existing and future improvements, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described (all referred to
<br />as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying
<br />agreements have been terminated in writing by Lender.
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one
<br />time will not exceed 513,500.00. This limitation of amount does not include interest and other fees and
<br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances
<br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />3. SECURED DEBTS. This Security Instrument will secure the following Secured Debts:
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is January 23, 2002. The parties
<br />and their addresses are:
<br />TRUSTOR (Grantor):
<br />CHERYL A PREISTER
<br />1111 N Clark Street
<br />Grand Island, Nebraska 68801
<br />A Single Person
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />Corporation
<br />P. O. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />BENEFICIARY ILenderl:
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of Iowa
<br />P. O. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />42- 1466678
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following
<br />described property:
<br />THE FOLLOWING DESCRIBED REAL PROPERTY IN HALL COUNTY, NEBRASKA: THE NORTHERLY FIFTY
<br />THREE (53) FEET OF FRACTIONAL LOT SIX (6) IN FRACTIONAL BLOCK FORTY -EIGHT (48) IN RUSSEL
<br />WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND ITS
<br />COMPLEMENT, THE NORTHERLY FIFTY THREE (53) FEET OF FRACTIONAL LOT SIX (6) IN FRACTIONAL
<br />BLOCK SEVEN (7), IN GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />THE NORTHERLY 53 FEET OF THE WESTERLY ONE -HALF OF FRACTIONAL LOT 7 IN FRACTIONAL BLOCK
<br />48, IN RUSSELL WHEELER'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AND
<br />ITS COMPLEMENT THE NORTHERLY 53 FEET OF THE WESTERLY ONE -HALF OF FRACTIONAL LOT 7 IN
<br />FRACTIONAL BLOCK 7, IN GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA. TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENANTS, OIL, GAS OR MINERAL
<br />RIGHTS OF RECORD, IF ANY.
<br />The property is located in Hall County at 1111 N Clark Street, Grand Island, Nebraska 68801.
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, wells, ditches and water stock and all existing and future improvements, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described (all referred to
<br />as Property). This Security Instrument will remain in effect until the Secured Debts and all underlying
<br />agreements have been terminated in writing by Lender.
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one
<br />time will not exceed 513,500.00. This limitation of amount does not include interest and other fees and
<br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances
<br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />3. SECURED DEBTS. This Security Instrument will secure the following Secured Debts:
<br />Clreryl A Prel[ter
<br />Nebraska Died .1 T-1 Iml al9
<br />IA14% W7 61 21 7 00 5 05 90000 3 44001 6 01 2 20 2Y 2199613 kera SVStems. lnc_ S1. CIOU4 MN Exl•LrA" P,. 1
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