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<br />h State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Security Agreement
<br />❑ Master form recorded by
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is , . ,May 0 4 t 2 011 . . . . . .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: David J Phinney Husband
<br />Debra K Phinney Wife
<br />3444 S Shady Bend Rd
<br />Grand Island NE 68801-9525
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: Great Western Bank
<br />700 N Webb Road
<br />Grand Island, NE 68803
<br />BENEFICIARY: Great Western Bank
<br />700 N Webb Rd
<br />Grand Island, NE 68803-5018
<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: Lot Two (2), Niedfelt First Subdivision in the City of Grand Island,
<br />Hall County, Nebraska.
<br />The property is located in Ha 11. , , , , , , , , , , , , . .
<br />(County)
<br />..34,44„S„S,hady, Bend,Rd..... I Gr.and.,Islan.d„NE„6880,,.,,,,,,,,.,, , Nebraska 68801 _9,525
<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 stock and all existing and future improvements, structures, 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. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 3 0 r.0 0 P...9.9 , , , , , , , , , , , , , , , , , , , , , , , , , , , 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 Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt (s) secured and you should include the final maturity date of such debt(s).)
<br />Note dated: May 04, 2011 In The Amount Of $30,000.00
<br />Accruing At A Rate Of 6.00 % With a Maturity Date Of May 15, 2016
<br />Loan I1~n,,,, The Name (s) Of: David J Phinney
<br />NEBRASKAAt 14MMRK-P ANE~4'dA YDEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />'IV
<br />E~r"" © 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP-REDT-NE 1/31/2003
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