|
en n
<br />O
<br />O as
<br />(1 (1 Z
<br />rn
<br />v
<br />3
<br />r 00
<br />r a
<br />W
<br />p
<br />(49
<br />r
<br />4n
<br />W
<br />Z
<br />(�
<br />G
<br />Stab or Nebraska Space Above This Line For Recording Dab
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />O Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Ifflumment) is ..................
<br />R821,- 2002,,,,,,,,,,,,,,,,,,
<br />and the parties, their addresses and tan identificatioanumbers, if required, are as follows:
<br />TRUSTOR:
<br />DONALD E. GRAVES AND BARBARA A. GRAVES. HUSBAND AND WIFE
<br />1711 SOUTH STUHR ROAD
<br />GRAND ISLAND, NE 88801
<br />505443466,505623781
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional
<br />Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: THE RAVENNA BANK
<br />423 GRAND AVE, P.O. BOX 40
<br />RAVENNA, NE 68869
<br />470277600
<br />BENEFICIARY: THE RAVENNA BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P.D. BOX 40
<br />423 GRAND AVE. RAVENNA, NE 68869 -
<br />470277600
<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 Tmstor's performance under this Security Instrument, Tmstor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: SEE EXHIBIT A ATTACHED HERETO AND MADE A PART HEREOF.
<br />The properly is located in ............................... HALL. ............................... at 171,1 SOII,TH STUHR ROAD.....................
<br />(County)
<br />............................. ............................... I ................... GPANP.ISLANP................... Nebraska ........ s98P1.........
<br />(Address) (City) (ZIP Code)
<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 dine 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 $ 4RRR. 4P, Q0 .......... ............................... This limitation of amount does not include interest and other 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 />A NOTE OF EVEN DATE TO DONALD E. GRAVES AND BARBARA GRAVES IN THE AMOUNT OF $230,000 MATURING 911512007.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FFIA OF VA USEI
<br />f5
<br />4� 019 4 tankers Systems, Inc., St CII MN r— FE OD -NE 1/30/2002 L
<br />
|