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<br />State of NeUraska 5pace A1►nve This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST , ya
<br />(With Future Advance Clause) �
<br />f� Cottstruction Security Agreement
<br />L7 Master form recorded by .............................
<br />1. DATE AND PART�TS. 7'l�c date of this Deed of Trust (Security Instrument) is ,10;18:2010
<br />'I'he parties and their addresses are:
<br />TItUS'I'OR:
<br />John W. Posey and Krystal A. Posey, Hus6and and Wife
<br />3Z6 E. Plum 5treet
<br />noniphan, NE 68832
<br />❑ If chec:ked, refer to the attached Addendu�n incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />'I'RUSTEE:
<br />Bank of Doniphan
<br />P 0 Bax 270
<br />Doniphan, NE 68832
<br />BENEFICIARY:
<br />BANK OF DDNIPHAN
<br />Organized and existing under the laws of the state af Ne6raska
<br />P O BOX 270
<br />pqNIPHAN, NE 68832-0270
<br />2. CONVEYANCE. For goad and valuable consideration, the receipt and sufficiency of which is acknowlec�ged, and to
<br />secure the Secured Debe (defined below) and 'I'rustor's performance under this Security Instrurnent, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiaty, with power of sale, the fnllowing described
<br />property:
<br />Lat Six (6►, Hoffman 5econd Su6division in the Village pf ppniphan, Hall County, Nehraska
<br />The property is located in Hall ................................................................ at .326 E:Plum Street............................
<br />(County)
<br />Uoniphan ebi'd5ka Sg$
<br />............................................................. .................................................. . N . ................
<br />(Address) (City) (ZIP Code)
<br />'I"ogether with a11 rights, easements, appurtenances, royalties, mineral rigk�ts, oil and gas rights, all water and riparian
<br />_.._ . _ _
<br />rlghts, ditches, and water st�c�'and`all�existit�g - an`d - fiiture i:inprovetlients, strtl�tures, fixtures; arid replacerne�rit� that flr�ay -
<br />now, or at any time in the future, be part of the real estatc described abnve (all referred to as "Property").
<br />3. MAX[MUM O$L�GATION I.�MIT. Thc total principal amount secured by this Security Instrunnent at any one time shall
<br />not exceed $ . � 5 , , , , , , , , , , , , , , , , 1 'his limitation of amount does not indude interest and othcr fees
<br />.........................
<br />and charges validly made pursuant to this Security Insfrument. Also, this limitation does not apply to advanc:cs rnade under
<br />the terms of this Security Instniment tn protect Beneficiary's security and to perform any of tl�e covenants contain�d in this
<br />Security Jnstn�ment.
<br />4. S�:CURED DEBT AND F'UTURE ADVANCES. The term "Secured Debt" is de�ned as fnllows:
<br />A. Debt incurred under th,e terzns of all promissory note(s), contract(s), guaranty(ies) or �ther evidenc:e of debt
<br />described tielow and all their ext�nsions, renewals, modifications or substitutions. (Xou must specificully icterttify t/ie
<br />debt(s) secured anct you should i�iclude the final maturity date of such debt(s).)
<br />Bank af Uoniphan Note dated 10•18•2010
<br />NEBRASKA - HOM� EQUITY I.INE QF CRED17 D�ED OF 7RUST (NOT FOF FNMA, FHLMC, FHA OR VA USE) n IpA�e 1 4I
<br />� �� (� 1994 Bankers Systems, Inc., SL Clvud, MN Form OCP-REDT-NE 5l10/2005 �
<br />
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