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<br /> State of Nebraska Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause) ~, ~ (fO
<br />o Construction Security Agreement
<br />"'C'..m.G]--l\laster fonn rec{)Tded by ..... ..n...... ....... .......
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .f!:~~;,t.Il!:~t.l!l;Il!:....(H.lQ?I.?QQ7.........
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />RUSSELL SUPENCHECK, A SINGLE PERSON
<br />1227 WEST DIVISION STREET
<br />GRAND ISLAND NE 68801
<br />
<br />o 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 />BENEFICIARY:
<br />ARCHER COOPERATIVE
<br />CREDIT UNION
<br />--2121 ARCli.E!:R 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 Benet1ciary, with power of sale, the following described
<br />property:
<br />
<br />SEE EXHIBIT "A" HERETO ATTACHED
<br />
<br />The property is located in ........ ijpJ..l. G9.\l.I;l.t;Y.......... ......... ..................... at ..............................................
<br />(County)
<br />. .~~P.. N~.~.t. P'~.y.~~~?f}-..........................., ............ ~~~I)..4.. ~~.+~~~................., 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, ami 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 $ .Z8.,.OQU..OQ.................................. . 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 FlITURE 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 />Promissory Note dated 01/05/2007 showing Russell Supencheck, as borrower
<br />in the amount of $ 78,000.00. Note maturity date of 12/05/2026
<br />
<br />
<br />~,ge'Of4)
<br />
<br />NEBRASKA. PEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />F~ @1994Bankers Systems, Inc., St. Cloud, MN Form RE.DT.NI: 1/30/2002
<br />
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