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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 Truslor'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 TWENTY 1201, BLOCK ELEVEN 1111, PARKHILL THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRAE
<br />The property is located in __.. _ ....................... HALL, ....................,.......... at 5. 11, SOUTIFI B ,LA,INE........................
<br />(County)
<br />GRAND,
<br />............ Nebraska ....
<br />....68901_,,,,,..
<br />(City) (ZIP coi)
<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 />nom, or at env time in the fmure, 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 $ 08000.. 09._ .... .........._...._.............. . This limitation of amount does not include interest and other has
<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 FU'T'URE 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. (You must specifically identify the debris)
<br />secured and you should include the final maturity date of such debt(s).)
<br />A PROMISSORY NOTE DATED 501.02 TO RANDAL L. KLINGINSMITH IN THE AMOUNT OF $48,000.00.
<br />NE8aASKA - HOME EQUITY LINE OF ENEDIT DEED OF TRUST INOT FOX FNMA. FIILMC. FHA OR VA WEI 1 ^I 01
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<br />200204780
<br />State of Nebraska Space Above This Line For
<br />Recording Data
<br />REAL ESTATE 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 .......
<br />...05:012,002
<br />.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />o
<br />TRUSTOR: RANDAL L KLINGINSMITH, A SINGLE PERSON
<br />0
<br />549 V ROAD
<br />KEARNEY, NE 68847
<br />505 - 724467
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional
<br />Trustors, their signatures
<br />and
<br />acknowledgments -
<br />T2.*E.
<br />'I'RUSTEF.: KEARNEY STATE BANK & TRUST CO
<br />3015 SECOND AVE
<br />KEARNEY, NE 68847
<br />47.0567196
<br />BENEFICIARY: KEARNEY STATE BANK AND TRUST COMPANY
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />3015 2ND AVENUE
<br />KEARNEY, NE 68847
<br />470567196
<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 Truslor'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 TWENTY 1201, BLOCK ELEVEN 1111, PARKHILL THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRAE
<br />The property is located in __.. _ ....................... HALL, ....................,.......... at 5. 11, SOUTIFI B ,LA,INE........................
<br />(County)
<br />GRAND,
<br />............ Nebraska ....
<br />....68901_,,,,,..
<br />(City) (ZIP coi)
<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 />nom, or at env time in the fmure, 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 $ 08000.. 09._ .... .........._...._.............. . This limitation of amount does not include interest and other has
<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 FU'T'URE 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. (You must specifically identify the debris)
<br />secured and you should include the final maturity date of such debt(s).)
<br />A PROMISSORY NOTE DATED 501.02 TO RANDAL L. KLINGINSMITH IN THE AMOUNT OF $48,000.00.
<br />NE8aASKA - HOME EQUITY LINE OF ENEDIT DEED OF TRUST INOT FOX FNMA. FIILMC. FHA OR VA WEI 1 ^I 01
<br />�189a nanken5ya,a tlnc -. sr Clout. MN Fmm O11FIrT -NF 1119199
<br />
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