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<br />200603461
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<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />IX] Construction Security Agreement
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<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ..~....Q::k{J]:-.2())5............
<br />and the parties, their addresses and tax identification numbers, if required. are as follows:
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<br />State of Nebraska
<br />
<br />TRUSTOR:
<br />CURTIS X SMITH
<br />P . O. BOX 913
<br />GRAND ISLAND,
<br />
<br />& CHRISTINE k SMITH, HUSBAND & WIFE
<br />
<br />NE 68802
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<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />ARCHER COOPERATIVE CREDIT UNION
<br />2121 ARCHER ROAD
<br />ARCHER, NE 68816
<br />
<br />BENEFICIARY:
<br />ARCHER COOPERATIVE
<br />CREDIT UNION
<br />2121 ARCHER RD.
<br />--'~.'. .".
<br />ARCHER, NE 68816
<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:
<br />
<br />LOT 11, PLEASANT VIEW THIRTEENTH SUBDIVISION, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in .................................................................... at ..............................................
<br />(County)
<br />.U.J..~. .S.VN. .VM:r..E1.. OR.-.........................., GRAm>.. J${.Jmn.............................., Nebraska ~ ~?9.~..............
<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 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 />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ . .~.'_lp.?:W. _.......... .. .. . . . . . . . . . . . . . . . . .. ... . 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 sueh as borrowers' names, note amounts, interest rates, maturity dates, ete.)
<br />
<br />~ NJIE D"fiED oo-al-2(X)) 3-OVIN3 C1RI'lS r.. S'1I'IH & amsrmE K S'1I'IH JlS B:ErOVERS IN '!HE l\M1NI'
<br />CF $85,CXXl.OO. l\DIE M.l\'IUU'IY ImE CF lQ-07-2(X))
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<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @ 1994 Bankers Systems. Inc.. St. Cloud. MN Form RE-DT -NE 113012002
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