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<br /> State of Nebraska Space Above Thin Line For Record(ng Data
<br />- REAL ESTATE DEED OF TRUST ~, ,~ d
<br /> (With Future Advance Clause)
<br /> ^ Construction Security Agreement
<br /> ^ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .>>:»:?p~~..
<br /> The parties and their addresses are:
<br />TRUSTOR:
<br />WILBERTA A. JOHNSON, TRUSTEE OF THE WILBERTA A. JOHNSON REVOCABLE TRUST
<br />^ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE;
<br />BANK OF DONIPHAN
<br />P O 80X 270
<br />OONIPHAN, NE 68832
<br />BENEFICIARY:
<br />BANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P p 80X 270
<br />DONIPHAN, NE 88832.0270
<br />2. CONVEYANCE. For good and valuable cotisideratiou, 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;
<br />LOT FIFTY•FDUR (54-, AMICK ACRES WEST SUBDIVISION, HALL COUNTY, NEBRASKA
<br />The property is located in HALL A17 RENEE ROAD
<br />.................................................................... at .....................
<br />(county)
<br />OONIPHAN Nebraska .88832
<br />(Address) (City) (Z1P Code)
<br />Together with all rights, easements, appurtenauccst _royalties, „mineral _ri~hts, oil .and. ~s_ rights, _ all.. water _and_ _.ripariau
<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. MAXIMiTM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ ,100,000.00 ...This limitation of amount does not include interest and other fees
<br />.....................................
<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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt(s) secured arui you s/zould inclzrde the final matuz^ity date of such debt(s).)
<br />HOME EDUITY LINE OF CREDIT AGREEMENT DATED 11117109
<br />NEBRASKA - MOME EOUITY LINE OF CREDIT DEED DF TRUST (NOT FOR FNMA, FHLMG, FHA OR VA USE)
<br />~1r~ ©1994 Bankers Syateme, Inc., St. Cloud, MN Farm OCP-REdT-NE 5!10!2005
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