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<br />
<br />State of Nebraska
<br />
<br />;?tJ ,SO
<br />
<br />Sllllce Above This Line For Recording nata
<br />
<br />DEED OF TRUST
<br />
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by .............................
<br />1. DATE AND PARTIES. The dale of this Deed of Trust (Security Instrument) is ......,..,........ .1,1.-7,1.-7,QQ~,. .... .. .. .. .. .. ..
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />MICHAEL 0, SCHUSTER AND MICHELLE S, SCHUSTER, HUSBAND AND WIFE, AS JDlNT TENNANTS WITH RIGHTS OF SURVIVORSHIP
<br />516 SANDALWOOD
<br />GRAND ISLAND, NE 68803
<br />
<br />D 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 />P,O, BOX 270
<br />DONIPHAN, NE 68832
<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: LOT NINETEEN (19) IN WESTWOOD PARK TENTH SUBDIVISION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in """""""""""""...,. Hm. . . . . . . , . . . . . ' , , , , , , , , , , , , , , , , ., at ~,1,~ ~,~~,Q~m9~~. ' , , , , , , , , , , , , , , , , , , , , , , , , , ,
<br />(Cuunty)
<br />, , , , , , "'" , , ,."., , , , , . , " ." , . ' , . ' , . .'""" " """. , , , , " """"""""" .G~A~D.I.SWJ.O", , , , , , , , ""'" " Nebraska """" ,Q~~P,3, , , , , ""
<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 impmvements, structures, fixtures, and replacements tilar-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 $ PP.DP.Q.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 docs 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 FUfURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A, Debt incurred under the terms of all promissory notc(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 />BOD LOAN DATED 11,21-08 AND ANY EXTENSIONS, MODIFICATIONS, OR RENEWALS THEREOF
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />
<br />(page 1 of 4)
<br />
<br />~ @1994 Bankers Systems, Inc., St, Cloud, MN form RE.DT-NE 1/30/2002
<br />
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