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1 State of Nebraska Space Above This Line For Recording Data O <br />DEED OF TRUST <br />N (With Future Advance Clause) <br />o ❑ Construction Security Agreement <br />❑ Master form recorded by ............................. `Ya <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..................10. 29.2003, , , , , , , , , , , , , , , c <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: <br />BRAD A. CORNELIUS and ANGELA L. CORNELIUS, HUSBAND AND WIFE <br />2912 W 17TH ST <br />GRAND ISLAND, NE 68803 <br />506. 04.5913, 508.21.2763 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: BANK OF DONIPHAN <br />518 N EDDY <br />GRAND ISLAND, NE 68801 <br />47.0490809 <br />BENEFICIARY: BANK OF DONIPHAN <br />Organized and existing under the laws of the state of Nebraska <br />118 W Plum <br />Doniphan, NE 68832 <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: LOT SEVEN (7), BLOCK TWO (2), WESTERHOFF'S SECOND SUBDIVISION, TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in ............................... HALL. ............................... at 291.2 W.17TH ST............................. . <br />(County) <br />.............................. ..............................I ................... GRANDARAK4................... Nebraska ........68803........ <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 $ 20, 000: 011 ........... ............................... 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 />59 MONTHLY INSTALLMENTS OF $350.00 WITH A BALLOON AT MATURITY OF $ 12,475.61 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />Ej� ©1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />o <br />� <br />rnn <br />C <br />= <br />CA <br />c? cn <br />o <br />C"I <br />= <br />1--..� <br />" <br />��, <br />�V <br />n <br />fV <br />rT <br />` `� <br />O -T1 <br />O <br />CL <br />N <br />7 J- <br />I :, <br />F--' <br />J <br />N <br />i <br />n <br />s <br />=3 <br />o� <br />A <br />w <br />u' <br />CD <br />CD <br />N <br />- 00314740 <br />-2- <br />1 State of Nebraska Space Above This Line For Recording Data O <br />DEED OF TRUST <br />N (With Future Advance Clause) <br />o ❑ Construction Security Agreement <br />❑ Master form recorded by ............................. `Ya <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..................10. 29.2003, , , , , , , , , , , , , , , c <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: <br />BRAD A. CORNELIUS and ANGELA L. CORNELIUS, HUSBAND AND WIFE <br />2912 W 17TH ST <br />GRAND ISLAND, NE 68803 <br />506. 04.5913, 508.21.2763 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: BANK OF DONIPHAN <br />518 N EDDY <br />GRAND ISLAND, NE 68801 <br />47.0490809 <br />BENEFICIARY: BANK OF DONIPHAN <br />Organized and existing under the laws of the state of Nebraska <br />118 W Plum <br />Doniphan, NE 68832 <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: LOT SEVEN (7), BLOCK TWO (2), WESTERHOFF'S SECOND SUBDIVISION, TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in ............................... HALL. ............................... at 291.2 W.17TH ST............................. . <br />(County) <br />.............................. ..............................I ................... GRANDARAK4................... Nebraska ........68803........ <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 $ 20, 000: 011 ........... ............................... 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 />59 MONTHLY INSTALLMENTS OF $350.00 WITH A BALLOON AT MATURITY OF $ 12,475.61 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />Ej� ©1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />