|
O C7 to O
<br />= n a O Z 5-1 fV .3iT11
<br />,tj13`a4,�ty z r17 [n M —1 m O CD
<br />1, `� rn% N `7C) r o T O
<br />i N T Z fV
<br />= m
<br />m O D m O
<br />3 r 7D
<br />C, 0 r a `-'o y
<br />cr t—• N r0
<br />State of Nebraska O Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. KPR-2A92 ......
<br />............
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: ROBERT R. RATHMAN AND TERRY K. RATHMAN, HUSBAND AND WIFE Q,
<br />11963 WEST AIRPORT ROAD
<br />CAIRO, NE 68824
<br />O
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: BANKOFOONIPHAN
<br />P 0 BOX 270
<br />OONIPHAN, NE 68832.0270
<br />470490809
<br />BENEFICIARY: BANK OF DONIPHAN
<br />P 0 BOX 270
<br />DONIPHAN,NE B8832 -0270
<br />47- 0490809
<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: LOT ONE (1), IN R.R.R. SUBDIVISION, HALL COUNTY, NEBRASKA
<br />The property is located in ............................... M41,. ............................... at 1.1000.W. SST. AIBPA9T.BPAO...................
<br />(Coutlty)
<br />....... ..................................................... I ,................, .....CAM....................... Nebraska ......... QUM........
<br />(Address) (City) (ZIP Cade)
<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 $ 20. 000, 00 ........... ............................... This limitation of amount does not include interest and otter 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 IN THE NAME OF ROBERT R. RATHMAN AND TERRY K. RATHMAN
<br />NEBRASKA • DEED OF TRUST WOT FOR FNMA, FHLMC, FHA OR VA Usti (page t ar 4)
<br />®1994 Banker. S,nn.., Inc., St. Cloud, MN t1�800- 39723411 Form RE -DT-NE 10/27/97
<br />
|