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WaU2
<br />DATE AND PARTIES. The data of this Deed Of Trust (Security Instrument) is September 4, 2002. The parties
<br />and their addresses are:
<br />TRUSTOR (Grantor):
<br />LLOYD A BEACH
<br />Vested in the Following Manner: Husband
<br />210 East Plum
<br />Doniphan, Nebraska 68832
<br />KARLENE BEACH
<br />Vested in the Following Manner: Wife
<br />210 East Plum
<br />Doniphan, Nebraska 68832
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />a Corporation
<br />P. O. 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 />Y
<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 SEVEN (7), OF SCUDDER'S ADDITION TO THE VILLAGE OF DONIPHAN, HALL COUNTY, NEBRASKA
<br />The property is located in Hall County at 210 East Plum, Doniphan, Nebraska 68832.
<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, and
<br />replacements that may now, or at any time in the future, be part of the real estate described (all referred to as
<br />Property). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements
<br />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 88,000.00. This limitation of amount does not include interest and other fees and charges
<br />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 Lender's security and to perform any of the covenants
<br />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. 51715, dated September 4, 2002, from Grantor to Lender, with a
<br />loan amount of $8,000.00 with an interest rate of S.19 percent per year and maturing on September 1,
<br />2007.
<br />B. All Debts. All present and future debts from Grantor to Lender, even if this Security Instrument is not
<br />specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than
<br />one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or
<br />Lloytl A Beach
<br />Nebraska Mid 01 Tm.t Initial. _
<br />IA/4XV14091200600 03652021090302Y ®1690B .ke*,. 9VRVmr, M.., S1. Clod, MN Ekf5PW Page 1
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<br />DEED OF TRUST
<br />WaU2
<br />DATE AND PARTIES. The data of this Deed Of Trust (Security Instrument) is September 4, 2002. The parties
<br />and their addresses are:
<br />TRUSTOR (Grantor):
<br />LLOYD A BEACH
<br />Vested in the Following Manner: Husband
<br />210 East Plum
<br />Doniphan, Nebraska 68832
<br />KARLENE BEACH
<br />Vested in the Following Manner: Wife
<br />210 East Plum
<br />Doniphan, Nebraska 68832
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />a Corporation
<br />P. O. 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 />Y
<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 SEVEN (7), OF SCUDDER'S ADDITION TO THE VILLAGE OF DONIPHAN, HALL COUNTY, NEBRASKA
<br />The property is located in Hall County at 210 East Plum, Doniphan, Nebraska 68832.
<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, and
<br />replacements that may now, or at any time in the future, be part of the real estate described (all referred to as
<br />Property). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements
<br />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 88,000.00. This limitation of amount does not include interest and other fees and charges
<br />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 Lender's security and to perform any of the covenants
<br />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. 51715, dated September 4, 2002, from Grantor to Lender, with a
<br />loan amount of $8,000.00 with an interest rate of S.19 percent per year and maturing on September 1,
<br />2007.
<br />B. All Debts. All present and future debts from Grantor to Lender, even if this Security Instrument is not
<br />specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than
<br />one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or
<br />Lloytl A Beach
<br />Nebraska Mid 01 Tm.t Initial. _
<br />IA/4XV14091200600 03652021090302Y ®1690B .ke*,. 9VRVmr, M.., S1. Clod, MN Ekf5PW Page 1
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