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Ix <br />rrT <br />n t� <br />ni(1 <br />I 9 p --c <br />X i F 1-4 cn <br />r 1 . . <br />N .....–. ,-_..- <br />CO Cr) <br />DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />State of Nebraska Space Above This Line For Recording Data <br />Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 08, 2015 <br />and the parties and their addresses are: <br />TRUSTOR: Shane M Nel son <br />Ashli L Nelson <br />18319 W Abbott Rd <br />Cairo, NE 68824 <br />and Jolene G Nelson <br />TRUSTEE: <br />Arend R Baack, Attorney <br />P. 0. Box 790 Grand Island NE 68802 <br />BENEFICIARY: <br />Home Federal Savings and Loan Assn of Grand Island <br />221 South Locust St Grand Island NE 68801 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />`O 1994 Wolters Kluwer Financial Services - Bankers SystemsTM Form RE -DT -NE 12/15/2008 <br />VMP ®- C165(NE) (0708) <br />The property is located in Hall at 18295 W Abbott Rd <br />(County) <br />Cairo , Nebraska 68824 <br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <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), Meyer Acres Subdivision, Hall County, Nebraska. <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 $ 235, 000.00 . 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(ies) 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 />(page j g ) <br />Ste/ �N <br />m <br />rn <br />rn <br />0 <br />c <br />m <br />-1 <br />0 <br />