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TRUSTOR:
<br />ROBERT J. REINHART AND TERESA L. REINHART, HUSBAND AND WIFE, AND EACH IN HIS AND HER OWN RIGHT
<br />2516 SOUTH AUGUST STREET
<br />GRAND ISLAND, NE 68801
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: MADISON COUNTY BANK
<br />P.O. BOX 650 111 WEST 3RO
<br />MADISON, NE 68748
<br />BENEFICIARY: MADISON COUNTY BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE UNITED STATES OF AMERICA
<br />111 WEST 3RD
<br />P.O BdX M., NIA111S6 V
<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 32, MORNINGSIOE ACRES SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in ............................... HAII................................ at 2516 SOUTH AUGUST STREET ................
<br />(County)
<br />.............. . ...... . ....... ............................... . ................... GRAPSN4................... Nebraska ....... ......... .
<br />(Address) (City) (ZIP Code)
<br />Together l g riv, :, 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, fikttires, 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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ P24A4- 9,4 ........... ............................... 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 iten c such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />PROMISSORY NOTE BEARING EVEN DATE HEREOF IN THE AMOUNT OF $62,000100 WITH A MATURITY DATE OF DECEMBER 1, 2008.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) i (page 1 of
<br />E5(15� ©1994 Bankers Systems, Inc., St. CI ,ud, MN Form RE -DT -NE 1/30/2002 / ,
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<br />State of Nebraska Space Above This Line For Recording Data
<br />t r t $ t
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by .............................
<br />I-.
<br />D kTF kND PARTIES.
<br />- The. date of this Reed of Tru, l4 -(S=_ curity Instrument.) is
<br />anal the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />ROBERT J. REINHART AND TERESA L. REINHART, HUSBAND AND WIFE, AND EACH IN HIS AND HER OWN RIGHT
<br />2516 SOUTH AUGUST STREET
<br />GRAND ISLAND, NE 68801
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: MADISON COUNTY BANK
<br />P.O. BOX 650 111 WEST 3RO
<br />MADISON, NE 68748
<br />BENEFICIARY: MADISON COUNTY BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE UNITED STATES OF AMERICA
<br />111 WEST 3RD
<br />P.O BdX M., NIA111S6 V
<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 32, MORNINGSIOE ACRES SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in ............................... HAII................................ at 2516 SOUTH AUGUST STREET ................
<br />(County)
<br />.............. . ...... . ....... ............................... . ................... GRAPSN4................... Nebraska ....... ......... .
<br />(Address) (City) (ZIP Code)
<br />Together l g riv, :, 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, fikttires, 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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ P24A4- 9,4 ........... ............................... 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 iten c such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />PROMISSORY NOTE BEARING EVEN DATE HEREOF IN THE AMOUNT OF $62,000100 WITH A MATURITY DATE OF DECEMBER 1, 2008.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) i (page 1 of
<br />E5(15� ©1994 Bankers Systems, Inc., St. CI ,ud, MN Form RE -DT -NE 1/30/2002 / ,
<br />
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