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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST .,2() , 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 Trust (Security Instrument) is ,..........,,,..,1J..47.-.~PO.f?...............
<br />and the parties, their addresses and tax identification numbers, if required, are as foHows:
<br />
<br />State of Nebraska
<br />
<br />TRUSTOR:
<br />
<br />Scott M. Woodward and Teresa M. Woodward, husband and wife
<br />2115 Sherwood Rd
<br />Grand Island, NE 68803
<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 />Charter West National Bank
<br />P.O. Box 288, 201 S. Main S1.
<br />West Point, NE 68788
<br />
<br />BENEFICIARY: Charter West National Bank
<br />Organized and existing under the laws of the United States of America
<br />P.O. Box 1000
<br />Elkhorn, NE 68022
<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: Lot 12 Bishop Heights 2nd Addition to the City of Grand Island, Hall County, Nebraska.
<br />
<br />The property is located in ...........,........,.......... HaU................................ at ~ J.1 Q .$h~rW.Q9~. M.....,................
<br />(County)
<br />...............'.................................,.........., ............,...,. .Grand Island.................., Nebraska....... .f?~.~'O~........
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, casements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all existing and future inlprovcments, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the re~l estate described above (alI 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 $ 5~/57.9.J.2...................................... . 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 covenams 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 />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />
<br />~M @1994 BankBrl;l Sy:sterns, Inc., St. Cloud. MN Form RE-DT-NE 1/30/2002
<br />
<br />s-v./
<br />
<br />(page 1 of 4)
<br />--n,.J
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