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<br />DEED OF TRUST
<br />-(With future Advance Clause) -
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<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is April 8, 2002. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />CHRISTOPHER B ADAMS
<br />4117 Mason Avenue
<br />Grand Island, Nebraska 68803
<br />Husband
<br />KATHRYN L ADAMS
<br />4117 Mason Avenue
<br />Grand Island, Nebraska 68803
<br />Wife
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />Corporation
<br />P. 0. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />BENEFICIARY (Lender):
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of Iowa
<br />P. 0. 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 />LOT NINE (9), IN SUNSET SEVENTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA. SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENATNS, OIL, GAS OR
<br />MINERAL RIGHTS OF RECORD, IF ANY
<br />the property 'is located 'In Nall County at 4117 Mason Avenue, Grand Island, Nebraska 68803.
<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 $30,000.00. 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 />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note, No. 1438425, dated April 8, 2002, from Grantor to Lender, with 9
<br />Christopher B Adams 1 4+
<br />Nebraska Deed Of Trust Initials 1 1,
<br />IA/ 4XW7 61 2 1 7 00 5 29 800003 5 2 801 90405 02Y 01996 Bankers Systems, Inc., St. Cloud, MN Ex�; Page 1
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />-(With future Advance Clause) -
<br />M
<br />ED
<br />c,n
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is April 8, 2002. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />CHRISTOPHER B ADAMS
<br />4117 Mason Avenue
<br />Grand Island, Nebraska 68803
<br />Husband
<br />KATHRYN L ADAMS
<br />4117 Mason Avenue
<br />Grand Island, Nebraska 68803
<br />Wife
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />Corporation
<br />P. 0. Box 9351
<br />Des Moines, Iowa 50306 -9467
<br />BENEFICIARY (Lender):
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of Iowa
<br />P. 0. 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 />LOT NINE (9), IN SUNSET SEVENTH SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA. SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENATNS, OIL, GAS OR
<br />MINERAL RIGHTS OF RECORD, IF ANY
<br />the property 'is located 'In Nall County at 4117 Mason Avenue, Grand Island, Nebraska 68803.
<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 $30,000.00. 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 />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note, No. 1438425, dated April 8, 2002, from Grantor to Lender, with 9
<br />Christopher B Adams 1 4+
<br />Nebraska Deed Of Trust Initials 1 1,
<br />IA/ 4XW7 61 2 1 7 00 5 29 800003 5 2 801 90405 02Y 01996 Bankers Systems, Inc., St. Cloud, MN Ex�; Page 1
<br />s
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