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<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security In~trument) is ..,............... P,HUQQ?.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />State of Nebraska
<br />
<br />TRUSTOR:
<br />
<br />JOSHUA R. SIKES AND KASSANDRA E. SIKES, HUSBAND AND WIFE
<br />329 WEST STOLLEY PARK RD
<br />GRAND ISLAND, NE 68803
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<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />BANK OF OONIPHAN
<br />518NEOOY
<br />GRANDISLAND,NE 68801
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />DONIPHAN, NE 68832.0270
<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 SEVEN (7) IN HOLCOMB'S HIGHWAY HOMES, A SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in ............................... H~~~. . . . . . . . . . . . . . . . . . . . . . . . . , . , , . ,. at ~.~~ W~~.~ .~T9.L.L.E.X P.~~~. ~J:! . . . . . . . . .
<br /> . . . . . . . . .
<br />(County)
<br />
<br />. . . . . . . .... . ... . . . . . . . . ........ . . .... . . . . . .. ... . ..... . . . . ..., ...,.............. .G~A~tJ.I.Sl~N.O.. . . . . . . . . . ... . . . ., Nebraska ...,....
<br /> .~Q~P.3... ... .. .
<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, fixture~, 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~JP7.Q.~.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 Instmment.
<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 />BANK OF DONI PH AN NOTE #6184 IN THE AMOUNT OF 14,070.50 WITH A MATURITY DATE OF SEPTEMBER 1,2012, PLUS ANY RENEWALS OR
<br />EXTENSIONS THEREOF
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />
<br />~ @1994 Bankers Systems. Inc.. St. Cloud, MN Form RE-DT-Nf 1130/2002
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<br />(page t of 4)
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