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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ ~ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Tmst (Security Instnuncnt) is Jan_ _1),,__~Q9_6 __ __ _ __ _
<br />and the parties, their addresses and tax identification numbers. if required, are as follows:
<br />
<br />TRUSTOR: GLEN A KLUTHE, AN UNMARRIED PERSON
<br />
<br />108 TURNER LN PO BOX 51
<br />CAIRO, NE 68824
<br />
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<br />D If checked, refer to the attached Addendum incorporated herein, for additional Tmstors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />EQUITABLE BANK
<br />113-115 N LOCUST ST
<br />GRAND ISLAND, NE 68801
<br />
<br />BENEFICIARY:
<br />EQUITABLE BANK
<br />PO BOX 160, 113-115 N LOCUST ST GRAND ISLAND, NE 68802-0160
<br />
<br />2. CONVEYANCE. For good and valuahle consideration, the receipt and sufliciency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Tmstor irrevocably
<br />grants, conveys and sells to Trustee, in tmst for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />THE SOUTH THIRTY (30) FEET OF LOT NINE (9) AND THE NORTH SIXTY FIVE (65) FEET OF LOT
<br />TEN (10), BLOCK THREE (3), INGALLS TURNER SUBDIVISION OF TEH VILLAGE OF CAIRO, HALL
<br />COUNTY, NEBRASKA.
<br />
<br />The property is located in_ _ _ _ _ _ _ _ _ _
<br />
<br />at 1-9_8_TURNERn ~~__ ?.9_BOX 51
<br />
<br />Hall
<br />(County)
<br />
<br />.. n _ _ _ _ _ _ __ _ ,
<br />
<br />CAIRO
<br />.- -- - -- - - - -
<br />(City)
<br />
<br />_______ ,Nehraska_____~8824
<br />(ZIP Code)
<br />
<br />(Address)
<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 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 descrihed above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instmment at anyone time shall
<br />not exceed $3J 0_85.50 . This limitation of amount docs 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 Instmment.
<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, modit1cations or substitutions. (When rt;lerencing the debts below it is
<br />suggested that YOll include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 01/11/2006
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNM^, FHLMC, FHA OR VA USE)
<br />~~ 0 1994 Banke.s SYSTems, Ino" St. Cloud, MN Form RE-DT-NE 1/30/2002
<br />.. "C165(NE) 103011 VMP MORTGAG~ FORMS - 18001521-n91
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<br />(page 1 of 4)
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