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<br />State of Nebraska
<br />
<br />~
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<br />
<br />Space Above This Line 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 by.............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .~~.-?1.-?9.Q~.................................
<br />The parties and their addresses are:
<br />
<br />TRUSTOR:
<br />WILFORD J. CELMER ANO KATHY L. CELMER, HUSBANO ANO WIFE
<br />1905 W STOLLEY PARK RO
<br />GRAND ISLAND, NE 68801
<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 DDNIPHAN
<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 1, IN BLOCK A, IN PARKVIEW SUBDIVISION, A PART OF W 112 NW 114 OF SECTION 28, AND E 112 NE 114 OF SECTION 29, IN TOWNSHIP 11 NORTH,
<br />RANGE 9 WEST, IN HALL COUNTY, NEBRASKA, .EXCEPT.THE EAST 100 FEET AND THE WEST 8 FEET OF THE SOUTH 8 FEET
<br />
<br />The property is located in . ~~.l.L. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. at . ~ ~~.~ ~ .~T~.L.l.~~
<br /> .~~~~ ~.~ . . . . . . . . . . . . . . . . . . . .
<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, ditches, and water-stock-and all -existing and future improvements, Strucfilres, fiXttIteS, 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 $ .1 ~:~~9:~9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 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 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 spec(fical(y identify the
<br />debt(s) secured and you should include the final maturity date of such debt(s).)
<br />
<br />HElOC
<br />
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />
<br />(page 1 of 4)
<br />
<br />~ @ 1994 Benkers Systems, Ine.. St. Cloud, MN Form OCP.REOT-NE 511012005
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