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<br />State of Nebraska Space Above This Line For Recording Data
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />[l Construction Security Agreement
<br />D Master form recorded by.............................
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .!~.-9~.-?9.qr.............
<br />The parties and their addresses are:
<br />
<br />.2c; ,So
<br />
<br />1.
<br />
<br />TRUSTOR:
<br />MELVIN W. WILLIAMS AND PATRICIA WILLIAMS, HUSBAND AND WIFE
<br />4065 STAUSS ROAD
<br />GRANDISLAND,NE 6BB03
<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 DONIPHAN
<br />PO BOX 270
<br />DONIPHAN, NE 6BB32
<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 6BB32.0270
<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:
<br />
<br />LOT THIRTEEN (131, GARLAND PLACE, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in . ~~.L.L. . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . .. . .. .. .. . . . . . . .. .. . .... at .~~!.~ ~.~ ~~.~~ .~~~~. . .
<br /> . . . . . .. .. .. .. .. .. . .. .. .
<br />(County)
<br />....... . . . . . . . . . . . . .. . . . . . . . . . .. . . . . . . . . . . . ... .... . . . . . . . . .., . ~~.~~~ !~~~.~~... ..... . . . . . ............. . . . . . .. ..., Nebraska
<br /> . ~~.~q~.. ..............
<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 existirig and-future improvements, structures, fixfures, 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 ORUGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ .) ~~!~?~'~.~ .. ........ .. .. ..... ...... .. .. .. .... .... . This limitation of amount docs 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 />
<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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifical~y identify the
<br />debt(s) secured and you should include the final maturity date of such debt(s).)
<br />BANK OF DONIPHAN NOTE #382161N THE AMOUNT OF $100,070.50 WITH A MATURITY DATE OF JUNE 5, 200B, PLUS ANY RENEWALS OR
<br />EXTENSIONS THEREOF.
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />
<br />(page 1 of 41
<br />
<br />~@ @ 1994 Bankers Systems.lne.. SI. Cloud. MN Form OCP-REDT-NE 5/10/2005
<br />
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