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<br />State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST So
<br /> ~ o ,
<br /> (With Future Advance Clause)
<br /> ® Construction Security Agreement
<br /> L7 Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Ueed of Trust (Security Instrument) is ....... ........ ...06.19-2009
<br />.....
<br />...........
<br />..
<br />and the parties, their addresses and tax identification numbers, if teyuired, are as follows:
<br />TRUSTOIi:
<br />MARK R. HODS AND MICHELLE L. H005, HUSBAND AND WIFE
<br />38D6 MEADOWLARK CIRCLE
<br />GRAND ISLAND, NE 68803
<br />C1 If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRiJSTEE: BANK OF ODNIPHAN
<br />P.O. BOX 270
<br />DpNIPHAN, NE 88832
<br />BENEp'ICIARY: BANK OF DONIPHAN
<br />ORGANIZED ANp EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P 0 BDX 270
<br />DONIPHAN, NE 68832.0270
<br />2. CONVEYANCE. Pot 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 'T'rustee, in trust far the benefit of Beneficiary, with power of sale, the following described
<br />property: LOT FIFTEEN (15-, BLOCK ONE (1-, SUMMERFIELD ESTATES SEVENTH SUBDIVISIDN, IN THE CITY DF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in ............d .............. .. NALG................................ at 3806 MEADOWLARK.CIRCLE....................
<br />(County)
<br />........................................................... . ...................GR .1~4................. , ebraska .......................
<br />.N
<br />(Address) (Ciry) (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 aril-all existing--and future improvements, structures,- #ixtures, 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 $ Z~Z.1.26~.44 .........................................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 UEI3T AND k UTURE ADVANCES. The term "Secured llebt" 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, ntaturiry dates, etc.)
<br />BOD LOAN DATED 6.19.09 AND ANY EXTENSIONS, MODIFICATIONS OR RENEWALS THEREOF
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page t of 4/
<br />~/ ~ M 0421994 8enkers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1130!2002
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