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TRUSTOR: FRED A. BOSSELMAN, A MARRIED PERSON
<br />10550 SOUTH BUFFALO ROAD
<br />DONIPHAN, NE 68832
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: BANK OF DONIPHAN
<br />P 0 BOX 270
<br />DONIPHAN, NE 68832 -0270
<br />47- 0490809
<br />BENEFICIARY: BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P O BOX 270
<br />DONIPHAN, NE 68832 -0270
<br />47- 0490809
<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: THE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER (N 112NE114SE114) OF SECTION THREE (3), TOWNSHIP NINE (9),
<br />RANGE TEN (10), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br />The property is located in ............................... MU. ............................... at 10550,SOl1TH. BUFFALQ ROAD. , . , ............. .
<br />(County)
<br />DONIPHAN .................... . Nebraska ........ 68832 ........
<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 $ 150 ,000,00 . . . . . . . . . .. . . . . . . ... . .. . . . . . . . . . . .. . .. . . . 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt(s) secured and you should include the final maturity date of such debt(s).)
<br />BANK OF DONIPHAN HOME EQUITY LINE OF CREDIT AGREEMENT DATED 311012003 AND MATURING 311012008
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />�e © 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002
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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />1. DATE AND
<br />PARTIES. The date of this Deed of Trust (Security Instrument) is ................
<br />0910 -2003
<br />...............................
<br />and the parties,
<br />their addresses and tax identificat"onnumbers, if required, are as foiiows:
<br />TRUSTOR: FRED A. BOSSELMAN, A MARRIED PERSON
<br />10550 SOUTH BUFFALO ROAD
<br />DONIPHAN, NE 68832
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: BANK OF DONIPHAN
<br />P 0 BOX 270
<br />DONIPHAN, NE 68832 -0270
<br />47- 0490809
<br />BENEFICIARY: BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P O BOX 270
<br />DONIPHAN, NE 68832 -0270
<br />47- 0490809
<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: THE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER (N 112NE114SE114) OF SECTION THREE (3), TOWNSHIP NINE (9),
<br />RANGE TEN (10), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br />The property is located in ............................... MU. ............................... at 10550,SOl1TH. BUFFALQ ROAD. , . , ............. .
<br />(County)
<br />DONIPHAN .................... . Nebraska ........ 68832 ........
<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 $ 150 ,000,00 . . . . . . . . . .. . . . . . . ... . .. . . . . . . . . . . .. . .. . . . 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt(s) secured and you should include the final maturity date of such debt(s).)
<br />BANK OF DONIPHAN HOME EQUITY LINE OF CREDIT AGREEMENT DATED 311012003 AND MATURING 311012008
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />�e © 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002
<br />
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