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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST .,;r"t7, S &)
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is . ~~:~~:?P.qL. ... ...... ...... ......... ......
<br />The parties and their addresses are:
<br />
<br />TRUSTOR:
<br />FRED A. BOSSELMAN AND DEANNA L. BOSSELMAN, HUSBAND AND WIFE
<br />10550 SOUTH BUFFALO ROAD
<br />DONIPHAN, NE 68832
<br />
<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 DONIPHAN
<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 />THE NORTH HALF OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER (N1I2NE1I2SE1I4) OF SECTION THREE 131, TOWNSHIP NINE (9) NORTH,
<br />RANGE TEN (10). WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />
<br />The property is located in . ~~.L.~ .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .... at .! ~~.~~ .~9~.~~ . ~~~~.~~9. ~~.~9. .. .. .. .. .. .. .. ..
<br />(County)
<br />
<br />... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ..., . ~P.~!~~~.~. ... ... ... ... ... ... ... ... ... ... ...... ..., Nebraska . ~.8.~~?. ... ... ... ... ..
<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;-ditclres,and-waterstock and aU existing and-future improvements, structutes, 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 $ . ?~P.'~P.~.P.~ . . . . . . . .. . . . . . . . . . . . . . . . . . . .. . . . . .. . . .. . 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 t 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 specifically identify the
<br />debt(s) secured and you should include the final maturity date of such debt(s).)
<br />BANK OF DONIPHAN HOME EQUITY LINE OF CREDIT . INTEREST ONLY NOTE IN THE AMOUNT OF $700,000.00 TO MATURE 5/9/2013
<br />
<br />NEBRASKA - HOME EOUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @ 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP.REDT.NE 6/10/2006
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