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<br />Stute of Nebraska Space Above This Li�g I�'�ritecor ]�' ig Data �,�—
<br />DEED OF TRUST o �-- �� � `�'
<br />(With Future Advance Clause) "'
<br />❑ Construction Secuinty Agreement
<br />� Master form recorded by .............................
<br />DATE AND PARTIES. The date of this Deed of Trust (Securiry Instrument) is . . . . . . . . . . . . . . . . . . fl2• 17 2011 . . , , . . . . , , , , , , , , .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRtISTOR: � .�� �
<br />Robert Bjorklund and Nancy J. Bjorklund, Husband and Wife
<br />1631 N Allen
<br />Grand Island, NE 68801
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments. � � �
<br />TRUSTEE: prcher Cooperative Credit Union
<br />1414 Sixteenth Street P.O. Box 284
<br />Central City, NE 68826•0284
<br />BENEFICIARY: prcher Cooperative Credit Union
<br />Organized and existing under the laws of the state of Ne6raska
<br />1414 Sixteenth Street P.O. Box 284
<br />Central City, NE 68826•0284
<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 Securiry Instrument, Trustor irrevocably
<br />grants, conveys and selts to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: Lot 4, R and B Subdivision, City of Grand Island, Hall County, Nebraska
<br />The property is located in ........... .. ............ . . . .. ..H?ll.................... ......... .... at 1631 N.. Allen ................................ .
<br />(Couricy)
<br />.....................................:....................... ....................�.randls�an�...................., Nebraska ........ 68801.........
<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, diCches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br />uow, or at any time iu [he future, be part of the real estate described above (all referred to as "Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal unount secured by this Security Instrument at any one time shall
<br />not exceecl $ 10,q00.00 . . . . . . . . : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . This limitation of �unount does not include interest and other fees
<br />and chxrges validly made pursuant to this Secucity Instrument. Also, this limitation does not apply to advances made under
<br />the terms of this Securiry Instrument to protect Beneficiary's securiry and to perform any of the covenants contained in this
<br />Securiry InsCrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt iocurred under the tenns of all promissory note(s), contract(s), guaranty(s) ar other evidence of debt described
<br />below and xll tlieir extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested rhat vou include items such as borrowers' names, note amounts, interest rates, matunry dates, ete.)
<br />Note Showing James L. Witter and Karil Witter as borrowers in the amount of 540000.00. Note Maturity date is 0 212 812 0 2 1
<br />NEBRASKA - DEED OF TRUST �NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4J
<br />Per �"" Cc) 1994 Bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002 � �_
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