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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />~ Construction Security Agreement
<br />o Master,form,reeorded or.. i.... -;;;.. ~-~... ;-,.'...... ."~..
<br />1. DA TE AND PARTIES. The date of this Deed of Trust (Security Instrument) is xi:i:i.ii:i:i:i.Q:i:.. O.~.l.:UU~.oQB.........
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />3468 W GUENTHER RD
<br />GRAND ISLAND NE 68803-0000
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />'-
<br />
<br />Space Above Thi~ Line For Recording Data
<br />
<br />TRUSTOR:
<br />CURTIS L. SMITH & CHRISTINE A. SMITH - HUSBAND AND WIFE
<br />
<br />TRUSTEE:
<br />ARCHER COOPERATIVE CREDIT UNION
<br />2121 ARCHER ROAD
<br />ARCHER, NE 68816
<br />
<br />BENEFICIARY:
<br />ARCHER COOPERATIVE CREDIT UNION
<br />2121 ARCHER ROAD
<br />ARCHER, NE 68816
<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 13, Pleasant View 15th Subdivision in the City of Grand Islanci,
<br />Hall County, Nebraska
<br />
<br />The property is located in I:IA.LL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. at ..........................................
<br />....
<br />(County)
<br />. .~2~. .S:tm. 'y'q.U~.Y.. ~;1.~.<;~......................., ....... G~~1)..4.. ;I;~.:!-~n9:......................, Nebraska~ .~.~.~9~...........
<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,sfrucfures;--ITxfures,- and -replacements tIuiCriiay -,-
<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 $ .~.lQ,.O.O.Q...O.O................................. . 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, etc.)
<br />Promissary Note Dated 02/16/2008 Showing Curtis L. Smith and Christine A. Smith as
<br />borrowers on the amount of $110,000.00
<br />Note maturity date of 08/16/2008
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @ 1994 Bankers Systems. Inc" St. Cloud, MN Form RE.DT.NE 1/30/2002
<br />
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<br />
<br />(page 1 of 4)
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