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<br />~___~ Space Above This Line For Recording Data ~_~~____
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause) .:i' (). so
<br />o Construction Security Agreement
<br />o Master form recorded by .............................
<br />I. DA TE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. .Q~)~).OO}.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />_._~-,- State of Nebraska
<br />
<br />TRUSTOR:
<br />
<br />CHAO M. ACKERSON AND ERIN l. ACKERSON, HUSBAND AND WIFE
<br />407 WEST BARTON STREET
<br />CLARKS, NE 68628
<br />
<br />o If checked, refer t.o the at.t.aehed Addendum ineorporat.ed herein, for additional Trust.ors, their signat.ures 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. CONVEY ANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, ami 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 14, BLOCK tiN MEVES FIRST ADDITION TO THE CITY OF GRANO ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in ............................... HALL.. . ... . .. ... .. . ... . . . .. . . .. . .. .. at ~.~~.~:. ~AG~.~!.~~.~.~ Y.~~~~.. .. . .. . .. - _' . .
<br />(COllllly)
<br />...... ...... ............ ... .....,... .....,............... ..., ......... ... ... ...GR4NO.ISLMIQ.........,.... ..., Nebraska ... .... .p.&~P.l........
<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, and replacements that may
<br />now-, oraJany tilll~in the fU~ll"e,~e part yf t1~= real estate describcd 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 $ 2.~"QOP..P.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), contraet(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or subst.itutions. (When referencinR the debts below it is
<br />sugRested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A CERTAIN NOTE #1000231640, DATED 6/26/07, IN THE NAMES OF CHAO M. ACKERSON AND ERIN L. ACKERSON, FOR THE AMOUNT OF
<br />$24,844.08, AT AN INTEREST RA TE OF 8.25% WITH A MATURITY DATE OF 12/26107.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC, FHA OR VA USE)
<br />
<br />~n IP.~
<br />
<br />Ex(ii;?d: (<0) 1991 Bankers Sy<lom<, Inc., 51. Cloud, MN Funn T1~.1J f.NF 1130/2002
<br />
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