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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST
<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 oa-4 010
<br />
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR:
<br /> COBY R. RATHMAN AND JAIME L. RATHMAN, HUSBAND AND WIFE
<br /> 606 OASIS PL
<br /> CAIRO, NE 68824
<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. BOX 270
<br /> DONIPHAN, NE 68832
<br /> BENEFICIARY: BANK OF DONIPHAN
<br /> ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br /> P O BOX 270
<br /> DONIPHAN, NE 68832.0270
<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 THREE (3), WEBER SUBDIVISION, IN THE VILLAGE OF CAIRO, HALL COUNTY, NEBRASKA
<br />
<br />
<br />
<br />
<br />
<br />
<br /> The property is located in HALL.. , at 606 OASIS PL
<br /> (County)
<br /> ..1-1........GPJR4....................... Nebraska
<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 fixture 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 $ J17A.11-A.11 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 items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br /> ANY EXTENSIONS, MODIFICATIONS, OR RENEWALS THEREOF.
<br />
<br /> NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page t of 4)
<br /> f5<15~ ®1994 Bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/3012002
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