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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 5ecurity Agreement
<br />❑ Master form recorded by .............................
<br />DATE AND _ PARTIES. The date of this Deed - of Trust (Security Instrument) is . . . ..... . . .. . . .. .. �-06-2011. , , . , , , , . . , _ . . , , . .
<br />and the parties, their addresses and tax identification numbers, if required, are as fottows: �c7
<br />TRUSTOR:
<br />ROBIN K. ARNOLD AND MARILYN G. ARNOLD, HUSBAND ANU WIfE
<br />4042 ROTH RD
<br />GRAND ISLAND, NE 68803
<br />ZD `
<br />O If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: gANK OF DONIPHAN
<br />P.O. BOX 270
<br />DONIPHAN,NE 68832
<br />BENEFICIARY: gANK OF DONIPHAN
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />P 0 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 5ecurity 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 TWENTY ONE (21►, IN POTASH SUB�IVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The proper[y is located in HAII. . . . at 4042 ROTH RD . . .. . . . . . . . . . . . . . . . . . . . . . . . .. . . .
<br />............................... ........................ ....
<br />(County)
<br />............................................................. ...................GRAND.I.SLAK4.................., Nebraska ........ s��P3........
<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 sto�k and a11 existing and future improvemeuts, seructures, 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. MAXIMiJM OBLIGATION LIMTT. The total principal amount secured by this Security Instrument at any one time sha11
<br />not exceed $ 6,8,QOQ.AQ , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrutnent. 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 FLJTURE 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, maturiry dates, etc.)
<br />BOD LOAN N39831 DATED 4-6• 11
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) /page 1 of 4J
<br />�j M � 1994 Bankers Systems. Inc•, St. Cloud, MN Form RE-DT-NE 1/30/2002
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