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<br /> DEED OF TRUST ,;:( CJ . So
<br />
<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 ................ .O}-.Q~:200~.............
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />DEBORAH R. RITTER, A SINGLE PERSON
<br />1618 ALLEN AVE
<br />GRANDISLAND,NE 68803~000
<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 />FARMERS AND MERCHANTS BANK
<br />3015 SECOND AVENUE
<br />KEARNEY,NE 68847
<br />
<br />BENEFICIARY: FARMERS & MERCHANTS BANK .KEARNEY
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />3015 2ND AVENUE
<br />KEARNEY,NE 68847
<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: LOT TWENTY.SEVEN (27), R & B SUBDIVISION, CITY OF GRAND ISLAND, HAL COUNTY, NEBRASKA.
<br />
<br />The property is located in ...............................HALL............................... at .1.~.1.~A~~~NAY~NWt.....................
<br />(Comity)
<br />
<br />.... ........................................................, ................ .G8ANO.ISLANO................., Nebraska....... .e~~o~........
<br />(Address) (City) (ZIP Code)
<br />
<br />T9gether -,~.ith aU rig..,hls. ea&~~,..aRll.!l~\li.Ulf;:~t-...[oyaltie,S..-miueral rights._ Q.iL_and g.a~ _ 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 $ J.42,QOQ..QO...................................... . 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 I names. note amounts, interest rates, maturity dates, etc.)
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />
<br />V'L ., ~ ~', i
<br />
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<br />. ''Ipage 1 of 4)
<br />
<br />~ @1994Bonk.,.Syst.ms. Ine" St. Cloud, MN Form RE-DT-NE 1/30/2002
<br />
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