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<br />200605070
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />n Master form recorded by.............................
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. P.~'PU.QQ~..................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />State of Nebraska
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<br />Sllace Above This Line For, Recording Data
<br />
<br />1.
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<br />TRUSTOR:
<br />
<br />JOHN p. SCHULTZ AND AMY E. SCHULTZ, JOHN P. SCHULTZ AND AMY E. SCHULTZ, HUSBAND AND WIFE, JTWROS
<br />115 CAMPBELL AVE
<br />DONIPHAN, NE 68832
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<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
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<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 />DONIPHAN,NE 68832.0270
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<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 FIFTY-EIGHT(58), AMICK ACRES WEST SUBDIVISION, HAll COUNTY, NEBRASKA
<br />
<br />The property is located in ............................... Hm. . . . . . . . . . . . . ... . . . . . . . . .... . . .. at 7.2.~ !?~A~P. P~.lY.E. . .. . . . . . . . ... . .. ... .. .
<br /> . ... . .
<br />(County)
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<br />. . . . . . . . . . .... . .. . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . .. . .. . ... ., .................... .OPNIf.Ijj\N... . ... . . ... . .... .. ., Nebraska
<br /> ........ .~~~~.2, . . .. .. . .
<br />(Address) (City) (ZIP Code)
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<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 $ ~~J~~.I..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 terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in trus
<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 deht descrihed
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that YOll include items such as borrowers' names, note amounts, interest rates, maturity dates,etc.)
<br />BANK OF DONIPHAN NOTE DATED 6.2.2006 AND ANY MODIFICATIONS, EXTENSIONS OR RENEWALS THEREOF.
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<br />NEBRASKA. DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USEI
<br />~ @ 1994 Bankers Systems, Ine" SI. Cloud. MN Form RE-DT-NE 1/30/2002
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