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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />
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<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is January 13, 2006. The parties
<br />and their addresses are:
<br />
<br />Dl\OH~O
<br />
<br />TRUSTOR (Grantor):
<br />KERRY J EISENMENGER
<br />Wife
<br />301 6 Orleans Drive
<br />Grand Island, Nebraska 68803
<br />
<br />THOMAS F EISENMENGER
<br />Husband
<br />3016 Orleans Drive
<br />Grand Island, Nebraska 68803
<br />
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />a Corporation
<br />P. O. Box 9351
<br />Des Moines, Iowa 50306-9467
<br />
<br />BENEFICIARY (Lender):
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of the United States of America
<br />711 High Street
<br />Des Moines, Iowa 50392-0040
<br />
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following
<br />described property:
<br />
<br />A PARCEL OF LAND LOCATED IN THE CITY OF GRAND ISLAND, COUNTY OF HALL, STATE OF NEBRASKA,
<br />AND KNOWN AS: BEING LOT NUMBER 4 IN COLONIAL ESTATES 3RD SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND OF HALL COUNTY RECORDS. Permanent Parcel Number: 400036436 First American Order No:
<br />8710792
<br />
<br />The property is located in Hall County at 3016 Orleans Drive, Grand Island, Nebraska 68803.
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, wells, ditches and water stock and all existing and future improvements, structures, fixtures, and
<br />replacements that may now, or at any time in the future, be part of the real estate described (all referred to as
<br />Property). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements
<br />have been terminated in writing by Lender.
<br />
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone
<br />time will not exceed $10,000.00. This limitation of amount does not include interest and other fees and
<br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances
<br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />
<br />3. SECURED DEBTS. The term "Secured Debts" includes and this Security Instrument will secure each of the
<br />following:
<br />
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note or other agreement, No. 50017001, dated January 13, 2006, from Kerry
<br />J Eisenmenger and Tom F Eisenmenger (Borrower) to Lender, with a maximum credit limit of $10,000.00,
<br />
<br />Kerry J Eisenmenger
<br />Nebraska Deed Of Trust
<br />IA/4XR78990900926100004975021011206Y
<br />
<br />@1996 8ankers Systems, Inc., St. Cloud, MN ~
<br />
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