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<br />State of Nebraska Space Above This Line For Recordtng Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />,
<br />❑ Construction Security Agreement
<br />❑ Master form recorded b .... ..... �
<br />y ................... .
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 07-11-2011 �° �
<br />..............................................�
<br />and the par[ies, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />Veronica Newell; A Single Person; Lonnie Morse; Christina K. Morse, Husband and Wife
<br />2721 W Kaenig
<br />Grand Islane, NE 68803
<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-OZ84
<br />BENBFICIARY: Archer Cooperative Credit Union
<br />Organized and existing undar the laws of the state of Nebraska
<br />1414 Sixteenth Street P.O. Box 284
<br />Central City, NE 68826-0284
<br />Z. 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: �ot One �1), Mulder Su6division, Hall County, Ne6raska.
<br />The property is located in ................................Hall................................ at 3978S..CameronRoad
<br />.........................
<br />(Counry)
<br />.................................. .....................�No.adRive�...................., Nebraska
<br />........................... .......................
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appunenances, 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 "Properiy").
<br />3. MAXIMTJM OBLIGATION L1MIT. The total principal unount secured by this Security Instrument at any one time shall
<br />uot exceed $ $S,QOO.O,Q , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 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 />SeGUriry 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), guaranty(s) or other evidence of debt described
<br />below and all tl�eir extensions, renewals, modificatious or substitutions. (When referencirzg the debts below it is
<br />s�sg,gested ty�at yot� incltw.'e items such as borrowers' raa`nes, `aote amounts, interest rates, maturity dates, etc.)
<br />All Existing Promissory Notes and Specifically a Promissory Note of Even Date.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />E OO 1994 Bankers Systems, Inc.,.St. Cloud, MN Form RE-DT-NE 1/30/2002
<br />C� I pag
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