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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With, Fature 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 ................. . 03.15.2010 , , , - , - , - , , - - , , , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />JERRY L. DENTON, AS CO•TRUSTEE AND ROGER LOIBL, AS SUCCESSOR CO•TRUSTEE OF THE K.E. DENTON AND VEVA M. DENTON
<br />IRREVOCABLETRUSTOATED MARCH 2, 1992
<br />P.O. BOX 1157
<br />KEARNEY,NE 68846
<br />^ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />"TRUSTEE: Archer CaoperativeCrelit Union
<br />2121 Archer Raad
<br />Archer. NE 68816
<br />BENEFICIARY: Archer Cppperative Credit Union
<br />Organized and existing under the laws of the state of Nebraska
<br />2121 Archer Road
<br />Archer, NE 68816
<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 />propeRy: LOT SEVEN (7), COACH PLACE SUBDIVISION,IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in ...............................HAG!-................................ at ............................................. .
<br />(County)
<br />........................................................... . ...................GR NO................. , 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 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. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ ~.7.`x~4Q4,QQ .........................................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 iu this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tetlm "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 />PROMISSORY NOTE DATED 03-1512D10SHOWINGJERRY L. DENTON AS CO-TRUSTEE AND ROGER LOIBL, AS SUCCESSOR CO-TRUSTEE OF THE K.E.
<br />DENTON AND VEVA M. DENTON IRREVDCABLETRUST DATED MARCH 2, 1992 AS BDRROWERSIN THE AMOUNT OF 5275,000.OO.NOTEMRTURITY
<br />DATE OF 07-0112010.
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (a 41
<br />"' ~ 1994 Bankers Systems, Inc., St. Claud, MN Form RE-DT-NE 1/30/20p2
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