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<br /> State of Nehraska Space Above This Line F'or Recording Data
<br /> DEED OF TRUST ~ ,,
<br /> (With Future Advance Clause) ~'`'
<br />
<br />® Construction Security Agreement ~.
<br /> ^ Master form recorded by ............................. c~
<br />1. DATE AND PARTIES. The date o f this Deed of Trust (Security instrument) is ...... ......... ...07.21,-2009_ _ .. ............ . .
<br />and the parties, their addresses and tax identification cumbers, if required, are as follows:
<br />TRiJSTOR:
<br />SUZANN M. GANNON AND TIMOTHY W, GANNON, WIFE AND HUSBAND
<br />844 E PHOENIX
<br />GRAND ISLAND, NE 68801
<br />^ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: BANK OF DONIPHAN
<br />P,O, BDX 270
<br />DONIPHAN,NE 68832
<br />BENEFICIARY: BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P D BOX Z70
<br />DONIPHAN, NE 68832.OZ70
<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 THIRTY-ONE (311, IN BLOCK FOUR (4i, IN PLEASANT VIEW ADDITION TD THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The property is located in .. ....... .........HAIL... .............. at 844 E. PHt1ENIX................................
<br />(County)
<br />............................................................. ...................G~ .1~4................. ebraska .......................
<br />ANp ISLA N
<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 stocl~ and all e~t'isting and-?tttur~ improv~mel~cs~ `3irlictut~lXtOtes,- atT[T 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 $ ~5,~3o.s4 ..........................................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(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 iterrts such as borrowers' names, mote arnounts, interest rates, rruzturity dates, etc.).
<br />BDD LOAN DATED 7.21.09 AND ANY EXTENSIONS, MODIFICATI0N5, OR RENEWALS THEREOF.
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) lpage~41
<br />Fj(~.: ~M ©1994 Bankers Systems, Inc., SL Cloud, MN Form RE-DT-NE 1!30/2002 '~~
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