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❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: BANK OF OONIPHAN
<br />P 0 BOX 270
<br />OONIPHAN, NE 688320270
<br />470490809
<br />BENEFICIARY: BANKOFOONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P 0 BOX 170
<br />OONIPHAN, HE 6883, 027U
<br />470490809
<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 Instmment, 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:
<br />Lot Twenty —two B (22B), Block One (1), Ponderosa Lake Estates,
<br />Hall County, Nebraska
<br />The property is located in ..................... hall ......................... .............. at Rae Drive
<br />(Cnunry)
<br />................. .. ...... ... ............. ......._........., ............ Grand ..[S J.and.................. Nebraska .......................
<br />(Addre.) (thy) (ZIP cmtO
<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 time in the future, be part of the real estate described above (all referred to as "Property ").
<br />MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not cxccvsl $ 10, 015: h. 0 ........... ............................... 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 covanams contained in this
<br />Security Instrument.
<br />SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt ineurrW 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, rote amounts, interest rates, maturity dates, etc.)
<br />BANK OF DONIPHAN LOAN BATED JULY 15, 2002 AND ANY RENEWALS, EXTENSIONS AND MODIFICATIONS
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />01994 Bankers SYSteme, Inc, St Cleutl, MN From F1 m NE 113014009
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<br />DEED OF TRUST
<br />20021009E
<br />(With Future Advance Clause)
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<br />❑ Construction Security Agreement
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<br />❑ Master form recorded by .............................
<br />S�
<br />DATE AND
<br />PARTIES. The date of this Deed of Trust (Security Insl IMIXEC is ..................
<br />9.L 1.5 1.44 &,................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRITSTOR:
<br />PEGGY RAE, A SINGLE PERSON
<br />FOUNTAIN HILLS, AZ
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: BANK OF OONIPHAN
<br />P 0 BOX 270
<br />OONIPHAN, NE 688320270
<br />470490809
<br />BENEFICIARY: BANKOFOONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P 0 BOX 170
<br />OONIPHAN, HE 6883, 027U
<br />470490809
<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 Instmment, 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:
<br />Lot Twenty —two B (22B), Block One (1), Ponderosa Lake Estates,
<br />Hall County, Nebraska
<br />The property is located in ..................... hall ......................... .............. at Rae Drive
<br />(Cnunry)
<br />................. .. ...... ... ............. ......._........., ............ Grand ..[S J.and.................. Nebraska .......................
<br />(Addre.) (thy) (ZIP cmtO
<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 time in the future, be part of the real estate described above (all referred to as "Property ").
<br />MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not cxccvsl $ 10, 015: h. 0 ........... ............................... 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 covanams contained in this
<br />Security Instrument.
<br />SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt ineurrW 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, rote amounts, interest rates, maturity dates, etc.)
<br />BANK OF DONIPHAN LOAN BATED JULY 15, 2002 AND ANY RENEWALS, EXTENSIONS AND MODIFICATIONS
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />01994 Bankers SYSteme, Inc, St Cleutl, MN From F1 m NE 113014009
<br />
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