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TRUSTOR: <br />BARRY A. OBERMILLER and ANGELA M. OBERMILLER, HUSBAND AND WIFE <br />404 N. 1ST <br />DONIPHAN, NE 68832 <br />508 - 98.5936 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: BANK OF DONIPHAN <br />BOX 270 <br />DONIPHAN, NE 68832 <br />BENEFICIARY: BANK OF DONIPHAN <br />Organized and existing under the laws of the state of Nebraska <br />P 0 BOX 270 <br />DONIPHAN, NE 68832.0270 <br />47. 0490809 <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 -FIVE (25) IN BLOCK FOUR (4) REPLAT OF RIVERSIDE ACRES, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA, ACCORDING TO THE RECORDED PLAT THEREOF. <br />The property is located in ............................... HALL ................................ at 2610 COTTONWOOD -ROAD <br />(County) <br />................... 08MV.150NO................... Nebraska ........ 68801......... <br />(Address) (City) (ZIP Code) <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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 725,000,00- .. - . • - • - • - • - • .. . ..... . . . .... • ........... This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this l"All at .0 does nit apply to advances mad: 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(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 NOTE DATED JANUARY 3, 2005 AND ANY RENWALS, EXTENSIONS AND MODIFICATIONS <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE( (page 1 of 4) <br />E5(j5E?6"' ©1994 Bankers Systems, Inc., St. .Cloud, MN Form RE -DT -NE 1/30/2002 <br />n <br />n cn <br />o -+ <br />C:D M <br />Irn _ <br />rn to <br />��1., <br />r _ <br />C D <br />N <br />C <br />t� <br />__j rT' <br />O f�D <br />IZL <br />CA <br />n Cn <br />N <br />7_ <br />ci-I <br />M ., <br />O <br />O <br />© <br />o <br />,— r- <br />O <br />(� <br />U' <br />w <br />cry <br />711; <br />i v <br />4 <br />t\3 <br />M <br />N <br />o <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />® Construction Security Agreement <br />❑ Master form recorded by ............................. <br />1. <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />.................. <br />01-- 03.2005- - - - - - <br />• • - - - - - • - - - - <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: <br />BARRY A. OBERMILLER and ANGELA M. OBERMILLER, HUSBAND AND WIFE <br />404 N. 1ST <br />DONIPHAN, NE 68832 <br />508 - 98.5936 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: BANK OF DONIPHAN <br />BOX 270 <br />DONIPHAN, NE 68832 <br />BENEFICIARY: BANK OF DONIPHAN <br />Organized and existing under the laws of the state of Nebraska <br />P 0 BOX 270 <br />DONIPHAN, NE 68832.0270 <br />47. 0490809 <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 -FIVE (25) IN BLOCK FOUR (4) REPLAT OF RIVERSIDE ACRES, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA, ACCORDING TO THE RECORDED PLAT THEREOF. <br />The property is located in ............................... HALL ................................ at 2610 COTTONWOOD -ROAD <br />(County) <br />................... 08MV.150NO................... Nebraska ........ 68801......... <br />(Address) (City) (ZIP Code) <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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 725,000,00- .. - . • - • - • - • - • .. . ..... . . . .... • ........... This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this Security Instrument. Also, this l"All at .0 does nit apply to advances mad: 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(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 NOTE DATED JANUARY 3, 2005 AND ANY RENWALS, EXTENSIONS AND MODIFICATIONS <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE( (page 1 of 4) <br />E5(j5E?6"' ©1994 Bankers Systems, Inc., St. .Cloud, MN Form RE -DT -NE 1/30/2002 <br />