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<br />State of Nebraska
<br />Space Above This X.tne For
<br />Recording Data
<br />~- - DEED OF TRUST
<br />(With Future Advance Chase) ~.,
<br />^ Constraction Security Agreement
<br />^ Master form recorded by ~ ~'
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ............... 08-~4-2,QQ9, , , , .......... .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: CHAD A. ESSEX AND MELISSA K. ESSEX, WUSBAND & WIFE
<br />2827 IDAHO AVE
<br />GRAND ISLAND, NE 68$03
<br />^ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments .
<br />TRUSTEE: ADAMS STATE BANK
<br />PO BOX 106
<br />ADAMS, NE 68301
<br />BENEFICIARY: ADAMS STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />PO BOX 106
<br />649 MAIN ADAMS, NE 68301
<br />Z. 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 Ins[rument, 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 1, BLOCK 4, WOODLAND PARK FOURTH SUBDIVISION, IN THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />282
<br />The property is located in .............................. HAI.I, .............................. at ............................................. .
<br />(cotaay>
<br />NA ISL N
<br />............................................................. ...............BRA AND............. , ebraska ..................
<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 irttprovemen[s, 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 LIMTT. The fatal principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 29$r.O.OQ,Q~ ...................................This limitation of amount does no[ 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. "T'he term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory Hate(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 />REAL ESTATE INSTALLMENT NOTE DATED 8/24/2009, SIGNED BY CHAD A. ESSEX AND MELISSA K.
<br />ESSEX. AMOUNT $268,000, RATE 5.75%
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Fj(j "' ©1994 Bankers Systems, Inc., St. Claud, MN Farm RE-DT-NE 1/3012002
<br />~T (page 7 0 ~4J
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