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<br />State of Nebraska Space Above This Line For Recording Dala
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause) _ 'J;;' 50
<br />: Construction Security Agreement P"-
<br />I Master form recorded by ............................,
<br />1, DATE AND PARTIES, The date of this Deed of Trust (Security Instrument) is ..................H~HQQ7..................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />LOIS D. MAYBON AND MARK A. MAYBON, HUSBAND AND WIFE
<br />2245 PONDEROSA
<br />GRANDISLAND,NE 68801
<br />
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />CITIZENS BANK
<br />PO BOX 624
<br />LOUP CITY, NE 68853
<br />
<br />BENEFICIARY:
<br />
<br />CITIZENS BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />650 PSTREET
<br />P,O. BOX 624 LOUP CITYo N!: 5;:"5'
<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: SEE ATTACHED EXHIBIT 'A'
<br />
<br />The property is located in ............................... Hl\ll................................ at ?~4~.~Q~.Q~~.q~~.............................
<br />(County)
<br />.. . .. . . .. . .. .. . . .. .. . . .. .. . . . . .. . . .. .. . . .. . . . .. . . .. . . . . .. .. ., .................. .GM~D.lSI).N.O .. . .. . .. . . . . .. . . .., Nebraska .......
<br /> ..f~Q~O.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 $ ~~..~n~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, note amounts. interest rates, maturity dates, ete.)
<br />ALL DEBTS OF LOIS D. MA YBON AND/OR MARK A. MA YBON
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />E4i="""'iil: _ 1994 Bankars Systems.lnc.. 51. Cloud. MN Form RE.DT.NE 1/30/2002
<br />
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