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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause) -4/.5,)-
<br />o Construction Security Agreement
<br />o Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .~..06:-:14~2QQ6..........
<br />and the parties, their addresses and tax identification numbers, if require are as follows:
<br />:ji.u''I" u. \... \:)twron A~ RO~1* . J Co It'VS+ees C)~ +~e...
<br />TRUSTOR: -J L..o' b \
<br />K. E. DENTON & VEVA DENTON I IRREVOCABLE TRUST DATED 3-2-1992
<br />P.O. BOX 400
<br />GRAND ISLAND, NE 68802
<br />
<br />D 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 />BENEFICIAR Y:
<br />ARCHER COOPERATIVE
<br />CREDIT UNION
<br />2121 ARCHER RD.
<br />ARCHER, NE 68816
<br />
<br />2. CONVEY ANCE. 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 />THE EAST TWENTY-SIX (26) FEET OF LOT EIGHT (8), ALL OF LOTS NINE
<br />9) AND TEN (10), EXCEPT THE SOUTH NINETY-TWO (92) FEET OF THE
<br />WEST THREE (3) FEET OF THE EAST TWENTY-SIX (26) FEET OF LOT EIGHT (S),
<br />BLOCK FOURTY FOUR (44), CHARLES WASMER'S SECOND ADDITION TO THE ctTY OF
<br />GRAND ISLAND-; HAlL COUNTY, NEBRASKA.
<br />
<br />The property is located in .... J:JALI.. . . . . . . .. .. . . . . . .. . . .. .. .. ~ . . .. .. .. . . . . . . . . . . . . . . . . . .... at ....................................",.,..",
<br />(County)
<br />
<br />J..e.Qf.l. .W... .~h......................................, GAA@. .lS~.............................., 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 $ .l65.,.OOO., 00................................ . 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 such as borrowers'.names, note amounts, interest rates, maturity dates, etc.)
<br />PROMISSORY NOTE SHOWING K. E. DENTON & VEVA M. DENTON IRREVOCABLE TRUST
<br />DATED MARCH 2, 1992 AS BORROWERS IN THE AMOUNT OF $165,000.00. NOTE
<br />MATURITY OF 06-14-2026.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @ 1994 Bankers Systems, Ino" St. Cloud, MN Form RE-DT-NE 1/30/2002
<br />
<br />JL {P8~
<br />
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