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<br />DEED OF TRUST
<br />
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
<br />o Master form recorded by .............................
<br />1. DATE ANJ),PARTIES.-The date of this Deed of Trust (Security lnstrwnent) is .,............... ..1.2:7.HQQ~..................
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
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<br />
<br />TRUSTOR:
<br />
<br />CORBY J. PARKER, single person
<br />247 S OAK STREET
<br />GRAND ISlANO, NE 68801
<br />
<br />o If checked, refer to the attached Addendwn incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />First State Bank
<br />914 lake Avenue
<br />Gothenburg, NE 69138
<br />
<br />BENEFICIARY:
<br />
<br />First State Bank
<br />Organized and existing under the laws of the state of Nebraska
<br />914lAKE AVENUE
<br />PO BOX 79 Gothenburg, NE 69138
<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 Ten (10). in Block Four (4), in Koehler Place, an Addition to the City of Grand Isalnd, Hall County, Nebraska
<br />
<br />The property is located in ................................ tlJlJI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. at ?~l~. P.<!~ ~.tf~~!. . . . . . . . . . . . . . .
<br /> . . . . . . . . . . . . . . .
<br />(Collluy)
<br />
<br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., ................... .l3.rlln.d.ls.l~np. . . . . . . . . . . .
<br /> . . . . . . . ., Nebraska ........ .E!ij~P.1. . . . . . . . .
<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 $ m8~.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 does not apply to advances made under
<br />the terms of this Security Instrwnent to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrwnent.
<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), eontract(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 />Note dated December 26,2008 with monthly payments and balloon on 11112014, may include any extensions or modifications of the original loan.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ @1994Sankers Systoms.,IMy ~t-.11,?U<;l,MN ""~m RE,DT-NE 1/30/2002
<br />i: . J (i"~ .. ~: (J
<br />
<br />(page 1 of 4)
<br />
<br /><,! ",:\1,,(;
<br />
<br />*Deed of Trust re-filed to correct
<br />notary date
<br />
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