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<br />- Slale of Nebraska
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<br />Space Above This Line "'or Recording Data
<br />
<br />DEED OF TRUST
<br />
<br />CHATTEL MORTGAGE I
<br />
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<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />[] Master fornl recorded by .............................
<br />I. UA TE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. P.~'?M.QQ7..................
<br />and the parties, their addresses and tax identit1eationnumbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />ERIC R. CHRISTENSON AND CYNTHIA L CHRISTENSON, HUSBAND AND WIFE
<br />2900 LAKE PARK LANE
<br />HASTINGS, NE 68901
<br />
<br />LJ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signaturcs and
<br />acknow ledgmenls.
<br />
<br />TRUSTEE:
<br />
<br />BANK OF DONIPHAN
<br />POBOX 270
<br />DONIPHAN,NE 68832
<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 describcd
<br />property: THE SOUTHERLY ONE HALF OF LOT 15 AND ALL OF LOT 16, HAVING A LAKE FRONT FOOTAGE OF 70 FEET, SITUATED ON THE EAST SlOE OF THE
<br />EAST PORTION OF KUESTER LAKE AND BEING ON A PART OF THE EAST HALF OF THE SOUTHWEST QUARTER IE 112 SW 1141 IN SECTION 13, TOWNSHIP 11,
<br />RANGE 9, WEST OF THE 6TH P,M.. HALL COUNTY, NEBRASKA, BOUNDED ON THE EASTERLY SlOE BY THE COMMON ROAD. THE PREMISES IS COMMONLY
<br />KNOWN AS #38 KUESTER LAKE.
<br />
<br />The property is located in ............................... H~~~... ... . .. ... ... ... ... ... ... ... .. at ~.~~ .~Y~~.~~~.~~~.E... ... ... ... ... ... ... ... ... .
<br />(County)
<br />.. . .. . . .. . . . . . . . . . . . . . .. ... .. . .. . .. . .. . .. . .. . . . . . . . . . . . . . . . ., .................. .GRAflID.lS~IINO. . . . . . . . . . . . . . . . . ., Nebraska
<br /> ........ .~e~p.1. . . . . . . . .
<br />(Address) (City) (ZIP Codc)
<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, t1xtures, 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 $ JP.U.QQ..QQ........................................ , 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 below it is
<br />suggested that you include items such as borrowers' names, note alnoullts. interest rates, maturity dates, etc.)
<br />PROMISSORY NOTE DATED 9{20{2007 SECURING PROPERTY LOCATED AT #38 KUESTER LAKE, GRAND ISLAND, NE. 68801
<br />
<br />NEBRASKA - DEED OF TRUST (NOT "OR FNMA, FHLMC, FHA OR VA USE)
<br />E..x:fJrii'd.M @1994 Bankers Systems, Inc., St. Cloud, MN rorm RE-DT-NE '/:J()/2()D~
<br />
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