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State of Nebraska
<br />Space Above This Lbte For Recording Data
<br />DEED OF TRUST
<br />(-With Future Advance Clause)
<br />U Construction Security Agreemenit
<br />F7 Master form recorded by
<br />I. BATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 04 /05 /2012
<br />and the parties and their addresses are:
<br />TRUSTUR: JEFFREY J KOSTBAHN AND DIANE K KOSTBAHN, AS HUSBAND AND WIFE
<br />1604 ROSEIMONT AVE GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: UNION BANK AND TRUST COMPANY
<br />3643 SOUTH 48TH STREET PO BOX 82535 LINCOLN, NE 68501 -2535
<br />BENEFICIARY:
<br />CIARY:
<br />UNION BANK & TRUST CO
<br />3643 SOUTH 48TH STREET
<br />PO BOX 82535
<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:
<br />Lot 10, in Block 5, in Country Club Subdivision, an Addition to the City of Grand
<br />Island, Hall County, Nebraska
<br />The property is located in .................... Hall -------------------- at 1604 ROSEMONT AVE
<br />(County)
<br />GRAND ISLAND---- - - - - -- , Nebraska ...... 68801
<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 ORT,TC -ATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 12 , 714. 00 This limitation of amount does not include interest and other fees
<br />-----------------------------
<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 described
<br />below and all their extensions, renewals, modifications or substitutions. (1'Vhen referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />Promissory Note # 509206 dated 04/05/2012 in the amount of $12,714.00 maturing
<br />on 04/25/2017
<br />NEBRASKA - DEED OF TRUST (N QT FDR FNMA, ri [LM c. FHA as VF usE7
<br />Q 1994 Walters Kl-- F--.t Services- Bankers SystemsTN Farm RE -DT -NF 12;15,`2996
<br />VMFQ^,'- CISSME) (07os)
<br />747 /A- /MP
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<br />State of Nebraska
<br />Space Above This Lbte For Recording Data
<br />DEED OF TRUST
<br />(-With Future Advance Clause)
<br />U Construction Security Agreemenit
<br />F7 Master form recorded by
<br />I. BATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 04 /05 /2012
<br />and the parties and their addresses are:
<br />TRUSTUR: JEFFREY J KOSTBAHN AND DIANE K KOSTBAHN, AS HUSBAND AND WIFE
<br />1604 ROSEIMONT AVE GRAND ISLAND, NE 68801
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: UNION BANK AND TRUST COMPANY
<br />3643 SOUTH 48TH STREET PO BOX 82535 LINCOLN, NE 68501 -2535
<br />BENEFICIARY:
<br />CIARY:
<br />UNION BANK & TRUST CO
<br />3643 SOUTH 48TH STREET
<br />PO BOX 82535
<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:
<br />Lot 10, in Block 5, in Country Club Subdivision, an Addition to the City of Grand
<br />Island, Hall County, Nebraska
<br />The property is located in .................... Hall -------------------- at 1604 ROSEMONT AVE
<br />(County)
<br />GRAND ISLAND---- - - - - -- , Nebraska ...... 68801
<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 ORT,TC -ATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 12 , 714. 00 This limitation of amount does not include interest and other fees
<br />-----------------------------
<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 described
<br />below and all their extensions, renewals, modifications or substitutions. (1'Vhen referencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />Promissory Note # 509206 dated 04/05/2012 in the amount of $12,714.00 maturing
<br />on 04/25/2017
<br />NEBRASKA - DEED OF TRUST (N QT FDR FNMA, ri [LM c. FHA as VF usE7
<br />Q 1994 Walters Kl-- F--.t Services- Bankers SystemsTN Farm RE -DT -NF 12;15,`2996
<br />VMFQ^,'- CISSME) (07os)
<br />747 /A- /MP
<br />ipage 7 of 4)
<br />f,° \
<br />509206
<br />
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