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<br />- State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />!XI Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................ ..QH~.?'Q9l.... .. . . . . . . . . .. .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />./"
<br />\.....-,/
<br />"//. dO
<br />
<br />TRUSTOR:
<br />
<br />CODY J. SIMMONS AND KELLY K. SIMMONS, HUSBANO AND WIFE
<br />4025 REED 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 />PINNACLE BANK
<br />320 G STREET
<br />CENTRAL CITY, NE 68826
<br />
<br />BENEFICIARY:
<br />
<br />PINNACLE BANK. CENTRAL CITY
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />320 G STREET P.O. BOX 28
<br />CENTRAL CITY, NE 68826
<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 Tmstor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Tmstee, in tmst for the benefit of Beneficiary, with power of sale, the following described
<br />property: LOT ELEVEN (11), BLOCK TWO (2), NORTHVIEW FIRST SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />(4079 NORTHVIEW DRIVE, GRAND ISLAND, NE 68803)
<br />AND
<br />LOT TWENTY SEVEN (27), POTASH SUBDIVISION, HALL COUNTY, NEBRASKA (4025 REED ROAD, GRANO ISLAND, NE 68803)
<br />
<br />The property is located in ............................... HALL.... . . . ......... . . .... . . . . .. . ... at ~.q?~. N9Rn!~I.~'N .q~.IY.~ A~.q .49~.~ .~~~.q.. .
<br />(County)
<br />RQ!W......................................................, ................. .GRANO.lSlANIl................., Nebraska ........ ~.a?p.~........
<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, stmctures, 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 Instmment at anyone time shall
<br />not exceed $ 2.50.0P.Q,QO....................................... . 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 be/ow it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturi~y dates, etc.)
<br />A CERTAIN LOAN #1000230992, DATED 4/23/07, IN THE NAMES OF CODY J. SIMMONS AND KELLY K. SIMMONS, FOR THE AMOUNT OF
<br />$210,966.23 WITH AN INTEREST RATE OF 8.00% AND A MATURITY DATE OF 10/23/07.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ @1994 Rankers Systems, Inc., St. Cloud, MN Form RE-OT-NE 1/30/2002
<br />
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<br />
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