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<br />State of Nebraska Space Above This Lin�e For Recording Data
<br />- DEED OF TRUST 2a.5a
<br />(With �ture Advance Clause)
<br />❑ Construction Secnrity Agreement
<br />❑ Master form recarded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is . . . . . . . . . . . . . . . . . . Og•?a°�010, , , , , , , , , , , , , , , , , ,
<br />and the parties, their addresses and tax identification numbers, if reyu'rred, are as follnws:
<br />TRUSTOR:
<br />Doug Callins, A 5ingla Person
<br />217 North Grace
<br />Grand Island, NE 88801
<br />❑ If checked, refer to the attached Addendunn incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Archer Cooperative Credit Union
<br />1414 Sixteenth Straet P.O. Box 284
<br />Archer, NE 68826�0284
<br />BENEFICTARY: Archer Coaperativa Credit tlnian
<br />Organized and axisting under the laws of the state of Nehraska
<br />1414 Sixtaenth Street
<br />P.O. Box 284 Central City, NE 68826-0284
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and suf�ciency 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 Bene�ciary, with power of sale, the following described
<br />property: �ot 7, Block 29, In Packer and Barr's 5ecand Addition to the City of Grand Island, Hall County, Nebraska
<br />'The property is located in ................................HaJI.................. . at 217North .....................
<br />............. ..........
<br />(County)
<br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . �xand l�iand. . . . . . . . . . . . . . . . . . . . , Nebraska . . . . . . . . 6$�Q 1. . . . . . . . .
<br />(Address) (City) (ZIP Code)
<br />Together with ali 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 irnprovements, structures, fixtures, and replacements that may
<br />now, or at any cime in the future, be part of the real estate described above (atl referred to as "Property").
<br />3. MAXIMUM OBL�GATION LTMTT. The total principal amount secured by this Security Instrurnent at any one time shall
<br />not exceed $ 5�,�7.�:9$ ......................................... . 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 Instrurnent to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTLJRE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory nate(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modificatians or substitutions. (When referencing the debts below it is
<br />suggested that you incdude items such as borrowers' names, note amounts, interest rates, maturiry dates, etc.)
<br />Note Shawing �oug Cullins , A single person in the amount of 555,672.98 the maturity date is 1 p-01-ZD35
<br />NEBRASKA - DEED OF TRUST (ND7 FOR FNMA, FHLMC, FHA OR VA USE) �. (paqe 1 of 4J
<br />�j-�"' (c� 1994 Bankers Systams, Inc., St. Cloud, MN Form RE-pT-NE 1/3012002
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