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<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />
<br />o Master form recorded by.............................
<br />
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrwnent) is ..................P.~.7.6:7.QQ9..................
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
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<br />State of Nebraska
<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
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<br />C03
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<br />o If checked, refer to the attached Addendwn incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />CENTRAL NATIONAL BANK
<br />POBOX 268
<br />SUPERIOR, NE 68978.0268
<br />
<br />BENEFICIARY:
<br />
<br />FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />119 C STREET
<br />POBOX e39 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: A TRACT OF LAND CONSISTING OF PART OF THE SOUTHEAST QUARTER (SE 114) OF SECTION TWENTY (201, TOWNSHIP ELEVEN (11) NORTH,
<br />RANGE TWELVE (12) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE
<br />SOUTHEAST CORNER OF SAID SE 114, SAID POINT BEING THE POINT OF BEGINNING; THENCE ON AN ASSUMED BEARING OF N89 22'04"W UPON AND ALONG
<br />THE SOUTH LINE OF SAID SE 114 A DISTANCE OF 33.00 FEET TO THE WEST RIGHT OF WAY (R.o.W) LINE OF BLUFF CENTER ROAD; THENCE CONTINUING N89
<br />22'4"W UPON AND ALONG SAID SOUTH LINE A DISTANCE OF 357.57 FEET; THENCE N02 30'57"W A DISTANCE OF 413.18 FEET; THENCE N02 27'41"E A
<br />DISTANCE OF 697.07 FEET; THENCE N90 oo'OO"E A DISTANCE OF 345.75 FEET TO SAID WEST R.o.W. LINE; THENCE CONTINUING N90 Oo'oo"E A DISTANCE OF
<br />33.00 FEET TO THE EAST LINE OF SAID SE 1/4; THENCE SOD oo'oo"E UPON AND ALONG SAID EAST LINE A DISTANCE OF 1113.52 FEET TO THE POINT OF
<br />BEGINNING
<br />
<br />The property is located in ............................... Him.... . .. .. .. .. .......... . .. ...... at ~~.~~.~ .~~~ff.9~~.T~~. ~9.4Q. . ... . . . . . . . . .. .. . .
<br />(C OlUlty)
<br />
<br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., ..................... S.HE~T.QI\I. . . . . . . . . . . . . .
<br /> . . . . . . ., Nebraska ........ .q~~7.6. . . . . . . . .
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rigllts, 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 Instrwnent at anyone time shall
<br />not exceed $ JPl,P.QQ..QQ........................................ . 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 Instrwnent.
<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 DATED 09/26/06 TO BRANDEN B. LEFFLER AND LYNNE M. LEFFLER FOR AN ORIGINAL PRINCIPAL AMOUNT OF $107,000.00
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />
<br />~ @1994 Bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002
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<br />(page 1 of 4)
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