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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />00 Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE AND PARTIES. The dale of this Deed of Trust (Security Instrument) is ..................P.~.P.2:7.QQL................
<br />and the parties, their addresses and tax identification numbers, if required, arc as follows:
<br />
<br />TRUSTOR:
<br />
<br />GAYLEN RAINFORTH AND JUDY RAINFORTH, HUSBAND AND WIFE
<br />
<br />o If checked, refer to the attached Addendwll incorporated herein, for additional Truslors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />BANK OF DONIPHAN
<br />PO BOX 270
<br />DONIPHAN, NE BBB32
<br />
<br />BENEFICIARY:
<br />
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />POBOX 270
<br />OONIPHAN, NE BBB32.0270
<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 perfonllance 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 ONE l1l. RAINFORTH ACRES SUBDIVISION, HALL COUNTY, NEBRASKA AND AFFIDAVIT OF CORRECTION RECORDED APRIL 23, 2004 AS
<br />INSTRUMENT #2004.03977, RECORDS OF HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in ............................... H4~1.. . . .. ........... . .. . . ...... . . .. at J~.~~~.~ A~PA ~.Q. . . .. . . . . . . . . . . . . . . . . . . . . . . .
<br /> .
<br />(County)
<br />
<br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., ..................... PROS.Ei~I3. . . . . . . . . . . . . . .
<br /> . . . . . ., Nebraska ........ .~~~~;l. . . . . . . . .
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, casements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and watCl'stock and all existing--a:ndIutu-re-lmprovements, structures, fixtures, and reptacemems that may
<br />now, or at any time in the future, be part of tile 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 $ ~~,OP.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 tenus of this Security Instrument to protect Beneficiary's security and to perfonu any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tenll "Secured Debt" is defined as follows:
<br />A. Debt incurred undcr the tenus 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 />BANK OF DONIPHAN PROMISSORY NOTE #39085 DATED 3.2.09 IN THE NAME OF GAYLEN D. AND JUDY RAINFORTH,IN THE AMOUNT OF $45,000.00.
<br />
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ @1994Sank...Syst.ms, lno.. St. Cloud, MN Form RE-DT-NE 113012002
<br />
<br />? (pagclt(4J
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