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<br /> 200604235
<br /> State of Nebraska
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<br />DEED OF TRUST
<br />(With Future Advance Clause) 2 J -....$-0
<br />[X) Construction Security Agreement
<br />o Master form recorded by.............................
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. P.5:P.2).QQI?.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />1.
<br />
<br />TRUSTOR:
<br />
<br />BRANDEN B. LEFFLER AND LYNNE M. LEFFLER, HUSBAND AND WIFE
<br />1688 S BLUFF CENTER ROAD
<br />SHELTON,NE 68876
<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 />FIRST STATE BANK
<br />119 C SREET, POBOX 639
<br />SHELTON,NE 68876
<br />
<br />BENEFICIARY:
<br />
<br />FIRST STATE BANK (21
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />119 C STREET. POBOX 639
<br />SHELTON.NE 68876
<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: SEE EXHIBIT "A"
<br />
<br />The property is located in ............................... H4LL.. .. .. . .. . . . .. .. .. . .. .. . .. . . . . .. at J .6.~~.~ .~~~ff. 9~~.1~~. ~PAQ. . . . . . . . . . . . . . . .
<br /> . . .
<br />(County)
<br />
<br />. . . . . . . . .. ... . . .... .... ...... . . . . .. . . . . . . . . . ... . . . . . . . . . . . . ., ". ...... . . . . . . . .... .. . S.HELT.QI\I. . . ........ . .. ..... .., Nebraska
<br /> ........ .Q&~7p. . . . . . . . .
<br />(Address) (City) (ZIP Codc)
<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 $ ZP,OP.Q.P.Q......................................... . 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 tenns of this Security Instrument to protect Beneficiary's security and to perfoffil 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 />CONSTRUCTION NOTE FOR $10,000 TO BRANDEN B. LEFFLER AND LYNNE M. LEFFLER WITH FUTURE ADVANCES TO $20,000
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />f5<j'5€?i=J: (01994 Bank.,. Systems. Ino.. St. Cloud. MN Form RE"OT, NE 1/3012002
<br />
<br />(page 1 of 4)
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