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<br />.. state of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement SO
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. 08;10 -2005 , , , , , , , , " , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows.
<br />TRUSTOR: JEFFREY S. CLYMER and ERIN M. CLYMER, as husband and wife
<br />220 NORTH 6TH STREET
<br />ELMWOOD, NE 68349
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Security First Bank
<br />Q
<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: PART OF THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER (NIE114SW114) OF SECTION TWENTY -FOUR (24), TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, DESCRIBED AS FOLLOWS: BEGINNING AT THE
<br />NORTHEAST CORNER OF THE SOUTHWEST QUARTER (SW114) OF SAID SECTION TWENTY -FOUR (24), TOWNSHIP ELEVEN (11) NORTH, RANGE
<br />TEN (10) WEST, RUNNING THENCE SOUTH ON THE EASTERLY LINE OF SAID QUARTER SECTION A DISTANCE OF NINETY (90) FEET, THENCE DUE
<br />WEST PARALLEL TO THE NORTH LINE OF SAID QUARTER SECTION, A DISTANCE OF ONE- HUNDRED SIXTY-THREE (163) FEET, THENCE DUE
<br />NORTH PARALLEL TO THE EAST LINE OF SAID QUARTER SECTION A DISTANCE OF NINETY (90) FEET TO THE NORTH LINE OF SAID QUARTER
<br />SECTION, THENCE DUE EAST ON THE NORTH LINE OF SAID QUARTER SECTION A DISTANCE OF ONE HUNDRED SIXTY -THREE (163) FEET TO THE
<br />NORTHEAST CORNER OF SAID SOUTHWEST QUARTER WHICH IS THE PLACE OF BEGINNING EXCEPTING A CERTAIN TRACT MORE PARTICULARY
<br />DESCRIBED IN WARRANTY DEED RECORDED AS DOCUMENT NO. 91-105199
<br />The property is located in ............................... HALL............... ..... at
<br />...... ............ 1018 CLAUDE ROAD, ............ _ . , .
<br />(County)
<br />. ..... ............................... . ................ .... I .............OR . ISLA CIA .................. Nebraska ........ ROM ... ........
<br />ANU
<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 $ IR, 40. 0, 40 ......... ............................... 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 />b �o_' n T Gale C..j.lipc2i y
<br />NEBRASKA DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR V n ( age / of `4)
<br />'+Q formal Blvd.
<br />©1994 Bankers Systems, Inc., St. Cloud, MN Form -NE 1/3 /2 02
<br />LI►^ art► EVE 68506
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