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TRUSTOR: JAMES V. OLDERBAK and ROGENE V. OLDERBAK, each a single person
<br />1222 WEST CHARLES ST
<br />GRAND ISLAND, NE 68801
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Security First Bank
<br />1205 Jackson Street
<br />Sidney, NE 69162
<br />47- 0299375
<br />BENEFICIARY: SECURITY FIRST BANK
<br />Organized and existing under the laws of the state of Nebraska
<br />5710 S. 53RD
<br />LINCOLN, NE 68516
<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 Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: LOT 7, AMICK ACRES THIRD SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The property is located in ............................... HALL. ............................... at 121NONUMENT ROAR......................
<br />(County)
<br />............... ............................... .11..11....... , .................... AONIPHAN ..................... N ebraska ........ . ........
<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 time 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 $ 1. QO, 00. Q.. QO ......... ............................... 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 elates, etc.)
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page t of 4)
<br />L54SE7M 01994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
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<br />Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is
<br />.................
<br />0413.2005.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: JAMES V. OLDERBAK and ROGENE V. OLDERBAK, each a single person
<br />1222 WEST CHARLES ST
<br />GRAND ISLAND, NE 68801
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Security First Bank
<br />1205 Jackson Street
<br />Sidney, NE 69162
<br />47- 0299375
<br />BENEFICIARY: SECURITY FIRST BANK
<br />Organized and existing under the laws of the state of Nebraska
<br />5710 S. 53RD
<br />LINCOLN, NE 68516
<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 Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: LOT 7, AMICK ACRES THIRD SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />The property is located in ............................... HALL. ............................... at 121NONUMENT ROAR......................
<br />(County)
<br />............... ............................... .11..11....... , .................... AONIPHAN ..................... N ebraska ........ . ........
<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 time 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 $ 1. QO, 00. Q.. QO ......... ............................... 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 elates, etc.)
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page t of 4)
<br />L54SE7M 01994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
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