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<br />DEED OF TRUST
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<br />
<br />DATE AND PARTIES. The date of this Deed Of Trust (Security Instrument) is September 23 2005. The parties
<br />and their addresses are:
<br />
<br />TRUSTOR (Grantor):
<br />DWAIN RUGE
<br />Husband
<br />1912 N Custer
<br />Grand Island, Nebraska 68803
<br />
<br />PAMELA J RUGE
<br />Wife
<br />1912 N Custer
<br />Grand Island, Nebraska 68803
<br />
<br />First American Equity Loan Services, Inc.
<br />#~S0~
<br />
<br />TRUSTEE:
<br />PRINCIPAL BANK
<br />a Corporation
<br />P. O. Box 9351
<br />Des Moines, Iowa 50306-9467
<br />
<br />BENEFICIARY (Lender):
<br />PRINCIPAL BANK
<br />Organized and existing under the laws of the United States of America
<br />711 High Street
<br />Des Moines, Iowa 50392-0040
<br />TIN: 42-1466678
<br />
<br />1. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged,
<br />and to secure the Secured Debts and Grantor's performance under this Security Instrument, Grantor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Lender, with power of sale, the following
<br />described property:
<br />
<br />SITUATED IN THE COUNTY OF HALL AND STATE OF NEBRASKA: THE SOUTHERLY 36 FEET OF LOT 9 AND
<br />THE NORTHERLY 24 FEET OF LOT 11 IN BLOCK 24, UNIVERSITY PLACE, AN ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA. Permanent Parcel Number: 400101742 First American ELS
<br />Order No: 8127532
<br />
<br />The property is located in Hall County at 1912 N Custer, Grand Island, Nebraska 68803.
<br />
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and
<br />riparian rights, wells, ditches and water stock and all existing and future improvements, structures, fixtures, and
<br />replacements that may now, or at any time in the future, be part of the real estate described (all referred to as
<br />Property). This Security Instrument will remain in effect until the Secured Debts and all underlying agreements
<br />have been terminated in writing by Lender.
<br />
<br />2. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone
<br />time will not exceed $20,000.00. This limitation of amount does not include interest and other fees and
<br />charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances
<br />made under the terms of this Security Instrument to protect Lender's security and to perform any of the
<br />covenants contained in this Security Instrument.
<br />
<br />3. SECURED DEBTS. The term "Secured Debts" includes and this Security Instrument will secure each of the
<br />following:
<br />
<br />A. Specific Debts. The following debts and all extensions, renewals, refinancings, modifications and
<br />replacements. A promissory note or other agreement, No. 73490, dated September 23, 2005, from Pamela
<br />
<br />Pamela J Ruge
<br />Nebraska Deed Of Trust
<br />IA/4XV14091200836500004823022092205Y
<br />
<br />"1996 Bankers Systems, Inc., St. Cloud, MN ~"
<br />
<br />Initials _
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