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<br />State of Nebraska Space Above This Ltne Far Recording Data
<br />DEED OF TRUST ~~, p o
<br />(With ~tture Advance Clause)
<br />^ Construction Security Agreement
<br />^ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Reed of Trust (Security Instrument) is ................. Od;19-~QQ9 .................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: REBECCA PUNCOCHAR, A SINGLE PERSON
<br />2516 W CHARLES ST
<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: PINNACLE BANK
<br />41D NORTH WASHINGTON
<br />LEXINGTON, NE 88850
<br />BENEFICIARY: PINNACLE BANK -LEXINGTON
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF TWE STATE OF NEBRASKA
<br />410 NORTH WASHINGTON
<br />- - - - _- _.. P D 130X 73.? I,EXING-TON, Nk 88850. - ._~_..
<br />- . _ _. _ _. I --
<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: THE EAST 112 OF LOT 14 AND ALL OF LOT 15, BLOCK 10, ASHTON PLACE, GRAND ISLAND, MALL COUNTY, NEBRASKA
<br />The property is located in .......FIAGL ................................ at 2516 W,CHARLES ST,.,,,,,,,,,.
<br />........................ (County) ............
<br />............................................................. ..................GRANU.ISIA->IR................., 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 iiiriprovements, 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 $4.~,oQOrp.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 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 IaUTURE 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 />NOTE DATED 08119109 FOR THE BENEFIT DF DEBT CONSOLIDATIDN
<br />i
<br />NEBRASKA -DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE) /page 9 of 4J
<br />~~~" ®1884 8ankars Systems, Inc., St. Cloud; MN Farm-RE-DT-NE 1/3tl12002 ~ I
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