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<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<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 .................. Pl-P.1:7.QQ~. ... ...... ... ... ..
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />State of Nebraska
<br />
<br />TRUSTOR:
<br />
<br />DONALD R. BEACOM AND MARLENE J. BEACOM, HUSBAND AND WIFE
<br />1722 W. JOHN ST.
<br />GRAND ISLAND, NE 68803.5917
<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 />CORN HUSKER BANK
<br />POBOX 80009
<br />LINCOLN, NE 68501
<br />
<br />BENEFICIARY:
<br />
<br />CORNHUSKER BANK
<br />POBOX 80009
<br />LINCOLN, NE 68501
<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: LOTS 6 & 7, BLOCK 34, CHARLES WASMER'S 2ND ADDITION, GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in ............................... H~~~. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. at ) l~? .'If: .~q~N H. . . . . . . . . . . . . . . . .
<br /> . . . . . . . . . . . .
<br />(County)
<br />
<br />... ...... ... ...... ... ...... ...... ... ... ... ... ... ... ...... ..., ... ... ... ... ... ... .GIW\IO.llll~NO... ... ... ... ... ..., Nebraska... ...e~~.Q~'.~~!7......
<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 $ ~~J.~ZQ.AQ......................................... . 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 I names, note amounts, interest rates, maturity dates, etc.)
<br />LOAN FOR DONALD R. BEACOM AND MARLENE J. BEACOM, DATED ].01.2006 IN THE AMOUNT OF $10,192.00
<br />
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<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />~7i2J.,'" @ 1994 Bankers Systems. Ino.. St. Cloud. MN Form RE-DT-NE 113012002
<br />
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