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<br />Space Above This Line For Recordldg Data
<br />
<br />State of Nebraska
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement 2 0 0 5 1 0 1 7 0
<br />o Master form recorded by...... ...... ......... ........
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ............... ,JQ,~,Q~-_~9.Q~~.,...... ... .....
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />Clifford J. Beacom, a single person
<br />207 W 10th St
<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 />Charter West National Bank
<br />P.O. Box 288, 201 S. Main S1.
<br />West Point. NE 68788
<br />
<br />BENEFICIARY: Charter West National Bank
<br />Organized and existing under the laws of the United States of America
<br />P.O. Box 1000
<br />ElkboJD,NE 68022
<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 2, Block 15, Russell Wheeler's Addition
<br />
<br />The property is located in ... ... ... ... ... ... ... ... ... ... .HalJ... ... ...... ... ... ... ... ... ..... at ~OIW. J.O~.h.~.t... ... ... ... ... ... ... ... ....
<br />(County)
<br />
<br />.. . .. . .. . . .. .. . .. . .. . .. . .. . ... .. . .. . .. . .. . . .. . .. ... ... .. . .. ., .................. ~ rand. Island.. . . .. .. . . .. .. . .. . , Nebraska ...... ..eaa.O.1...
<br /> .. . ..
<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, 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 $ 6.,.OQOAm....................................... . 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 />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @1994 aankors Systems, Inc" $1, Cloud, MN Form RE-DT-NE 1/30/2002
<br />
<br />A (page 1 of 4)
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