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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause) SB
<br />❑ Construction Security Agreement Z�
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 04•08•2011, , , , , , , , , , , , , , , , , ,
<br />.........................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />Cory G. Muhibach, Single Persan
<br />18700 Capital Ave
<br />Shelton, NE 68876
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Archer Cooperative Credit Union
<br />1414 Sixteenth Street P.O. Box 284
<br />Central City, NE 68826•0284
<br />BENEFICIARY: Archer Cooperative Credit Union
<br />Organized and existing under the laws of the state of Nebraska
<br />1414 Sixteenth Street P.O. Box 284
<br />Gentral 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 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: Real property in the City of Shelton, Caunty of Hall, State of Nebraska, described as follows: Lot 1, Cedar Tree Pheasant Farm Subdivision, Hall County,
<br />Nebraska
<br />The property is located in ................................H�11................................. at 18700 . CapitalAve .............................
<br />(County)
<br />............................................................. ......................�he�too......................, Nebraska ........ s$$76........
<br />(Address) (Ciry) (ZIP Code)
<br />Together with a11 rights, easements, appurtenaaces, royalties, mineral rights, oil and gas rights, a11 water and riparian
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, aad replacements that may
<br />now, or at any tune in the future, be part of the real estate described above (a11 referred to as"Property").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time sha11
<br />not exceed $ 182, 36� ; 5 � , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Securiry Instrument. Also, this timitation 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 />Securiry Instrument.
<br />4. SECURED DEBT AND FIJTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranry(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts beZow it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />Promissory Nate showing Cory G. Muhibach as borrower in the amount of S 182,363.56. Note Maturity of March 25th, 2031.
<br />NEBRASKA - DEED OF TRUST (NOT FoR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4J
<br />�"" OO 1994 Bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002 �G�
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