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<br />State of Nebraska Space Above 17ils Line For Recording Data �
<br />DEED OF TRUST
<br />(With Futuee Advance Clause) �
<br />❑ Construction Security Agreement ��
<br />❑ Master form recorded by �
<br />.............................
<br />1. DATE AND PARTIE5. The date vf this D�ed of Trust Secun Instru.ment ts o& 10-201 ] , , , , , , , , , , , , , , , , , ,
<br />( �ty ) .....................
<br />and the parties, their addresses and tax ident�cation numbers, if required, are as follows:
<br />TRUSTOR: SCOTT E. PIERCE and ANGELA C. PIERCE, HUSBAND AND WIFE
<br />2222 NASHVILLE ST
<br />GRANDISLAND,NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for addittonal Trustors, their signatures and
<br />acknowledgnents.
<br />TRU5TEE: gpNK OF DONIPHAN
<br />P.O. BOX 270
<br />DONIPHAN,NE 88832
<br />BENEFICIARY: gpNK OF DONIPHAN
<br />Organized and existir�g under the lauvs of the state of Nebraska
<br />P O BOX 270
<br />UONIPNAN, NE 68832•U270
<br />2. CONVEYANCE. For good and valuable consideration, the re.ceipt and suff'iciency of which is acknowledged, and to
<br />secure the Secured Deht (defined below) and Trustor's petformance under this Securiry Instrument, TrusCor irrevocably
<br />grants, conveys and sells to Tzustee, in trust for the benefit of Beneficiary, wi[h power of sale, the following described
<br />properiy: �OT TWELVE 112►, JEFFREY OAKS EIGHTH SUBDIdISION, IN THE CITY QF GRAN� ISLAND, HAII COUNTI', NEBRASKA
<br />The property is located in ............................. . HALI................................ at 2Z22 NASHVILLE ST...........................
<br />(��)
<br />............................................................. ...................GBAND.ISIAI�R.................., Nebraska ........ 8�6Q3........
<br />(Address) (Ciry) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, a11 water and riparian
<br />rights, ditches, aad water stock and all existing and future improvem�nts, sttuctures, 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. MAI�MUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 3z,5A4.Aq ......................................... . This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Securiry Instrument. Also, this liunitation does not apply to advances made under
<br />the teruas of this Security Instrument to protect Beneficiary's security and to perform any of the covenaats conta.ined in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCE5. The term "Secured Debt" is defined as follows:
<br />A. Debt incurred under the tecros of a11 promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (4Vlien referencing the debts below it is
<br />suggested thut you ind.ude �tems such as borrawers' names, note amounts, interest rates, maturdry dates, etc.)
<br />BANK OF DORfIPHAM PROM{SSORY L6AN DATED &ta11 AND ANY EXTENSfONS. MODIFICATIONS, OR RENEWALS 7HEREOF
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page l of 4J
<br />��"' OO 7994 Bankere Systems. Inc., St. Cioud, MN Form RE-DT-NE 1/30/2002
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