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<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />❑ Construction Secur�ty Agreement
<br />❑ Master form recorded by ..............................................
<br />June 7, 2011
<br />3.
<br />4.
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ............................................................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: �
<br />TRUSTOR: Karen L. Smith ancl Thomas E. Smith, wife & husband °�� �
<br />1913 North Park Avenue
<br />Grand Island, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRU5TEE: North
<br />P. O.
<br />North
<br />BENEFICIARY
<br />�
<br />�
<br />� �
<br />A � �
<br />� �
<br />Loup Valley Bank
<br />Box 6
<br />Loup, NE 68859
<br />North Loup Valley Bank
<br />P. O. Box 6
<br />North Loup, NE 68859
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and
<br />to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor
<br />irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the
<br />following described property: Part ot the Southeast Quarter of the Northeast Quarter of
<br />Section 8, Township 11 North, Range 9 West of the 6th P.M., Hall County, Nebraska,
<br />more particulary described as follows: Comanencing at a point where the East line of
<br />Park Avenue in the City of Grand Islancl, Nebraska, intersects the 5outh line of
<br />Waugh Street in sairl City and running thence South 100 £eet to the point of �inning;
<br />continuing thence South along and upon the East line of said Park Avenue a distance
<br />of 80 feet; running thence East and p�arallel to the South line of Waugh Street a
<br />distance of 138 feet; running thence North and parallel to the West line of Park
<br />Avenue a distance of 80 feet; running thence West and parallel to the South line
<br />of Waugh Street a distance of 138 feet to the poi:nt of beginning.
<br />Theproperty is located in ........................ H?ll ....................................................... at ..........................................................
<br />(co,�ncy)
<br />1913 N. Park Avenue Grand Island 68803
<br />............................................................................. ............................................................... Nebraska ........................................
<br />(aaa�e�) (c��) (zir coae�
<br />Together with all zights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stock and all e�usting and future improvements, structures, fi�ctures, and replacements that
<br />may now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />MAXIMUM OBLIGATION LIlVIIT. The total principal amount secured by this Security Instrument at any one time
<br />shall not exceed $$153 f 500.00 ........................................ . This limitation of amount does not include interest and
<br />other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to
<br />advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of
<br />the covenants contained in this Security Instrument.
<br />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(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; maturity dates, etc.)
<br />Karen L. Smith loan #15840 in the amount of $153,500.00 having a ma.turity of
<br />June 7, 2012.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FFiA OR VA USE) � (page Of 4)
<br />EjC�i ', OO 1994 Bankers Systems, Inc., St. Cloud, MN Fortn RE-DT-NE 1/30/2002 �
<br />
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