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<br /> Space Above This Line For Recording Data
<br /> DEED OF TRUST
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<br />(With Future Advance Clause)
<br />o Construction Security Agreement ~ 0 ~c
<br />o Master form recorded by............................. 'S cJ
<br />1. DATE AND PARTIES. The dale of this Deed of Trust (Security Inslrumenl) is .................. p.1.-p~-mQ~..................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
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<br />TRUSTOR:
<br />
<br />ESTATE OF JAMES P. KRAMER, ESTATE OF JAMES P. KRAMER
<br />3405 N US HWY 281
<br />GRANDISLAND,NE 68803
<br />
<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />BANK OF DONIPHAN
<br />P.O. BOX 270
<br />DONIPHAN, NE 68832
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE lAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />OONIPHAN, NE 68832-0270
<br />
<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 TWO (2) WILDWOOD SECOND SUBDIVISION, HALL COUNTY, NEBRASKA
<br />
<br />3216 HOMESTEAD ORIVE, GRAND ISLAND, NE 68803
<br />LOT TWO (21 HOMESTEAD SUBDIVISION IN GRAND ISLAND, HALL COUNTY, NEBRASKA, EXCEPTING THEREFROM A TRACT OF lAND DEEDED TO THE STATE OF
<br />NEBRASKA IN WARRANTY DEEO RECORDED AS DOCUMENT NO. 83.003318
<br />
<br />The property is located in ............................... H~ll................................ at ~P.~Q.~~~.Q~!Y~...............................
<br />(County)
<br />
<br />... . . . ............. . . . . . . .. ... . . . . . . .... .. . . . . . . . . . . . . ... . . ., .................. .G~Ar.j(J.I.&l~f'J.Q... .. . . . .........., Nebraska ........ .~~~P.l.
<br /> . .. . .. . .
<br />(Address) (City) (ZIP Code)
<br />
<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 allex:isting and, future -improvements,stmctures.-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 />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ 9P.Q,P.QQ..QQ........................................ . 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 />BOD LOAN DATED 1-4.06, ANY EXTENSIONS, MODIFICATIONS, & RENEWALS THEREOF
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Ex'{5i2~ (<))1994 Bankers Systems, Inc" St, Cloud, MN Form RE-DT-NE 1/30/2002
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<br />(page 1 of 4)
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