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<br />State of NebrllSka
<br />
<br />DEED OF TRUST
<br />
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master fonn recorded by .............................
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ...................1.~.P.&.;1.QQ~..................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
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<br />
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<br />
<br />TRUSTOR:
<br />
<br />CASEY N. MACKEN AND JULIE L. MACKEN, HUSBAND AND WIFE
<br />2603 RIVERVIEW DR
<br />GRANDISLAND,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 />FIRST BANK & TRUST CO
<br />747 MERIDIAN
<br />COZAD, NE 69130
<br />
<br />BENEFICIARY:
<br />
<br />FIRST BANK & TRUST COMPANY
<br />ORGANIZED AND EXISTING UNOER THE LAWS OF THE STATE OF NEBRASKA
<br />747 MERIDIAN
<br />PO BOX 7 COZAD, NE 89130
<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.SIX (26), MORNINGSIDE ACRES THIRD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in .......................... .HAll.COUNTY. . , . . . . . . . . . , . . . . . . .. . . . . . .. at 7.6.Q~ .~I.~~~Y!~'N P~. . . . . , . . , , , , . . , , , , ,
<br /> , , . . . . , .
<br />(County)
<br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., .................. .G8t\NO.I.~l4N.O. . . . . . . . . . . . .
<br /> . . . . ., Nebraska ........ .~Q~P.l. . . . . . . . .
<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 $ ) 7.~,P,QO..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 dOt:s not apply to advances made under
<br />the tenus of this Security Instrwnent to protect Beneficiary's security and (0 perfonn 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 />ALL FUTURE AND PRESENT INDEBTEDNESS OF CASEY N MACKEN AND OR JULIE L MACKEN AND OR RIVERVIEW LIVESTOCK, INC. OR MORE
<br />SPECIFICALLY NOTE NUMBER 50325155 IN THE AMOUNT OF $30,000.00 MATURING ON DECEMBER 8, 2009
<br />
<br />NEBRASKA" DEED OF TRUST (NOT FOR fNMA, FHLMC, FHA OR VA USE)
<br />~~ @1994 Bankors Systoms, Inc., St. ClOUd, MN Fo~rp RE-PT-NE 1f30f2002
<br />
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