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N <br />e <br />TRUSTOR: <br />CLAYTON J STELK AND KIMBERLY K STELK, HUSBAND AND WIFE <br />TRUSTEE: <br />MembersOwn Credit Union <br />1391 S 33RD STREET <br />LINCOLN, NE 68510 <br />BENEFICIARY: <br />MembersOwn Credit Union <br />1391 S 33RD STREET <br />LINCOLN, NE 68510 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />O 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />40 <br />to <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />prroktolthcitunY <br />(With Future Advance Clause) <br />Loe, N@ 112518 ❑ Construction Security Agreement <br />❑ Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 06/.1.4./.14. <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <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 ONE (1), STELK SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in HALL at <br />(County) <br />.3.8Q2..W.. GUEKTHER . RD ,GRAND . ISLAND , Nebraska h $.0 - 9 ? 2.... . <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 S. , .0Q Q 0 0 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(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 />�831d3 <br />k . (page 1 4) <br />