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<br />---- ----
<br />
<br />State of Nebraska
<br />
<br />....76', Sc)
<br />
<br />Space Above This Une For Recording Data
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded hy ..,....",................,..
<br />1. DATE AND PARTIES, The date of this Deed of Trust (Security Instrument) is . 9~:!H9.QL... . . . . . . .... ............... ...
<br />The parties and their addresses are:
<br />
<br />--.. .,,~,~.'
<br />
<br />TRUSTOR:
<br />JEREMY l. JENSEN AND KIMBERLY A. JENSEN, HUSBAND AND WIFE
<br />2207 WODDRIOGE IN
<br />GRANO ISLAND, NE 68801
<br />
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<br />o 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 />POBOX 270
<br />DONIPHAN, NE 68832
<br />
<br />BENEFICIARY:
<br />BANK OF OONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE lAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />DONIPHAN, NE 68832.0270
<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 TWENTUIGHT (28), BLOCK ONE (11, BRENTWOOD SUBDIVISION IN THE CITY OF GRANO ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in .~~.l.l............................................................... at .??~? ~~.~~~!~~~ .L.~.........................
<br />(County)
<br />............................................................, .~~.~~~ !~~~.~~...................................., Nebraska . ~.8.~~)................
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all righls, easc~e@L<lPQu!~e~l!.c:~s,__!.oya1ti~~-,--- mineral riRhts, oil a~d-Ea~ rights, all \Vater andriparian
<br />rights, ditches, and water stock and all existing and funtre improvements, structures, fixtures, and replacements that may
<br />now, or at any time in the future, be part of the real estale described above (all referred to as "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Inslrument at anyone time shall
<br />not exceed $ . ~~~~~~:~~. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 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 />
<br />4, SECURED DEBT AND FUTURE ADVANCES, The lerm "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory nole(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must spec({ically identify the
<br />debt(s) secured and you should include the final matlllity date of such debt(s).)
<br />BANK OF DONIPHAN NOTE #6259 IN THE AMOUNT OF $50,000.00 WITH A MATURITY DATE OF MARCH 20, 2013, 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 />~ @ 1994 Banke's Svstems.lne.. St. Cloud. MN Fo,m OCP-REDT-NE 5110/2005
<br />
<br />(page 1 of 4)
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