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O <br />4 <br />O <br />uJ N <br />�R \ <br />M <br />M <br />,n <br />_ Z <br />M CA CA <br />O <br />_ >, <br />O <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 <br />C; <br />C> 00 .. <br />d <br />N <br />Co . -w# <br />Cn <br />s> <br />p <br />Q <br />m <br />C= <br />M <br />4Ln <br />to <br />r v <br />c <br />Q <br />> <br />CD <br />C n <br />�... v <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 <br />