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<br />T,bnsUnian Seelemenl SnIm,y,
<br />760 W Sproul II
<br />Springncld, P, 19064
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
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<br />AUG21 ]2
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is August 6, 2002. The parties and
<br />their addresses are:
<br />TRUSTOR (Grantor):
<br />MARK BONSER
<br />Vested in the Following Manner: Husband
<br />908 Redwood Road
<br />Grand Island, Nebraska 68803
<br />MICHQUEL BONSER
<br />Vested in the Following Manner: Wife
<br />908 Redwood Road
<br />Grand Island, Nebraska 68803
<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. O. 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 TWENTY -THREE (23), IN WESTWOOD PARK SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY. NEBRASKA
<br />The property is located in Hall County at 908 Redwood Road, 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, 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 />Properly). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements
<br />have been terminatea 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 $9,500.00. 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. 2014319, dated August 6, 2002, from Grantor to Lender, with a
<br />maximum credit limit of $9,500.00 with an interest rate based on the then current index value as the
<br />promissory note prescribes and maturing on August 6, 2012. One or more of the debts secured by this
<br />Security Instrument contains a future advance provision.
<br />Mark 6oneer
<br />Nebraska Dead Of Trust Initials
<br />IA AM4091200600000003652020080502Y x1996 Bankers Systems, In, St. Cleud. MN F r� Page 1
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