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<br />State of Nebraska Space Above ThIs LIne For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />\?
<br />
<br />--
<br />=
<br />o
<br />
<br />D Master form recorded by _ _ _ .. _ _ __ _ . . ... _ _ _ _. _ __ __ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is p~~~_e_~ _.o.~~_ _~QQE!_ _ _
<br />and the parties and their addresses are:
<br />
<br />TRUSTOR: DAVID P NIEMOTH
<br />JUDITH K NIEMOTH, AS HUSBAND AND WIFE
<br />PO BOX 251
<br />DONIPHAN, NE 68832-0251
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organi:z:ed and Ex,isti!'1g Under the Laws o.f The~1;ate of Nebraska
<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 />THE EASTERLY TWENTY (20) FEET OF LOT TWO (2) AND ALL OF LOT ONE (1), IN BLOCK TWO
<br />(2) IN GIDEON'S ADDITION TO THE VILLAGE OF DONIPHAN, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in
<br />
<br />~~~
<br />
<br />.. __ __ _ __ _~f __ "'_ \\~\...:~_ _ _. at ~9~_ ~ _PJiUl1_STREET
<br />(County)
<br />
<br />(Address)
<br />
<br />. J~Q:trj:~~__ _ _ __ __ _ __ _ , Nebraska __ __ _l;iE!E!~~ _ _ ___
<br />(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. Th;! total princip.u a.rn-::,unt seemed by ihisSecadty Instrument at anyone time shall
<br />not exceed $ 9(), 000.00.._ _ ___ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _' 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(ies) 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 anwunts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 12/05/2008
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />o 1994 Wohers Kluwer Financial Service. - Benkers Systems TIA Form RE-DT-NE 12/16/2006
<br />VMP @-C165(NE) (07061
<br />
<br />m/fP(!Ji1L
<br />
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