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<br />State of Nebraska Space Above This Line For Recording Data
<br />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.Q'?HQQ~............. ... ..
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />JAMES R. BATIE AND RUTH A. BATIE, HUSBAND AND WIFE
<br />415 CAMPBELL AVENUE
<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 />PO BOX 270
<br />DONIPHAN, NE 68832.0270
<br />
<br />BENEFICIARY:
<br />
<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 />LOT THREE (3), IN AMICK ACRES SECOND SUBOIVISION, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in ............................... H4~~. . . . .. . . . .. . . .. . . . . . . . . . . . . .. . .. at ~.1.~ .~~M~~.E.~~ ~.Y~~~~. . .. . .. . . . .. . .. . . .
<br /> . . . . .
<br />(County)
<br />
<br />. . . ... ... ... ... ... ... ... ... ... ... ... ... ... .. . ... .. . .. . .. . ..., .................... .OO.NIf.I:lM'l.. . .. ... ... ... ... ..., Nebraska ........ .~~~~A . . .
<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 $ 3JiJOQQ.P.Q......................................... . 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 defmed 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 />JAMES R. BATIE AND RUTH A. BATIE, HUSBAND AND WIFE
<br />PROMISSORY NOTE DATED 10.29.2008, IN THE AMOUNT OF TWENTY NINE THOUSAND FOUR HUNDRED FORTY THREE AND 33(100($29,443.33) AND
<br />ANY RENEWALS, EXTENSIONS OR MODIFICATIONS.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @1994 Banke.. Systems, Ino.. SI. Cloud, MN Form RE-DT-NE 1/30/2002
<br />
<br />~ (P'~
<br />
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