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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<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 Instmment) is .................. .1.Q'P.~).QQ?".. ...... . . . . . . ..
<br />and the parties, their addresses and tax identification numbers if required are as follows'
<br />(j;j:) , , .
<br />TRUSTOR: f.i" '''''.h .~.
<br />JONATHAN M. SMITH AND ~A. SMITH, HUSBAND AND WIFE
<br />308 CAMPBELL AVE
<br />DONIPHAN, NE 68832
<br />
<br />/'()
<br />)0 . !J
<br />
<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 />518 N EDDY
<br />GRANDISLAND,NE 68801
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF OONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />OONIPHAN, NE 68832.0270
<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 Beneficiary, with power of sale, the following described
<br />property: LOT THREE (31, BLOCK FOUR (41, IN WIN DOLPH'S ADDTION TO THE CITY OF GRAND ISLANO, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in ............................... Him.. ..... .. ... ...... .. .. .. .. . .. ... at .1.2.1.~.W ~9~1~.~. .. .. .... ... .. .. .. ........ ... ' .
<br />(County)
<br />
<br />...................................................'........, .................. .G~ANO.lSl~I'l.O.................., Nebraska........ .~~~P.1......,..
<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, 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.1.~,P.~ij..~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), 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, /tote amounts, interest rates, maturity dates, etc.)
<br />BANK OF DONIPHAN LOAN DATED OCTOBER 5, 2007 IN THE AMOUNT OF $112,035.00 WITH A MATURITY DATE OF OCTOBER 5,2012, PLUS ANY
<br />RENEWALS OR EXTENSIONS THEREOF.
<br />
<br />NEBRASKA" DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />
<br />(page 1 of 4)
<br />
<br />~ @1994 Bankors Systems, Inc_, St, Cloud, MN Form RE-IJ1.NE t /30/2002
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