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<br />State of Nebraska Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST ~a ,50
<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 Tru~t (Security Instrument) is ....,............, P,~'7,~'7,QQ~... .... .. .. .. .. .. ,
<br />and the parties. their addresses and tax identification numbers, if required, are as follows:
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<br />TRUSTEE:
<br />
<br />BANK OF DONIPHAN
<br />P,O, BOX 270
<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 />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 TEN 110) IN CAPITAL HEIGHTS FIFTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />TRUSTOR:
<br />
<br />HILARIO ALCORTA II AND JANELL K, ALCORTA, HUSBAND AND WIFE
<br />2823 FT WORT~ COURT
<br />GRAND ISLAND, NE 68803
<br />
<br />The property is located in ......""""",...... '.' . . ' , ' , H~n, , , , , , , , . , . . . . . . , , ' , , , , , , , , , . . .. at ?,8,~~ ,~1.V1~~m ~.~~. . . . . . . . . . . . . , ,
<br /> . . . . . . . . . . .
<br />(County)
<br />
<br />.. . ... ...... ...... . . ........,......... . .. .......... . . . . . . ..., ................. ..GaA~O.I.~~~N.O.. . . . . ......,.. . . ., Nebraska ........ .~Q~PA........
<br />(Address) (City) (ZIP Code)
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />OONIPHAN, NE 68832.0270
<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!t,~!t.Z.~.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 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 substinltions. (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 />BOD LOAN DATED 9-25.06 AND ANY EXTENSIONS, MODIFICATIONS, OR RENEWALS THEREOF
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @1994SankersSyslems.lnc., St. Cloud. MN Form RE.DT.NE 1/30/2002
<br />
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