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<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />El Construction Security Agreement
<br />E] Master form recorded by ----------------------------------------------------------------------------------------
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 13, __2004.
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Dorothy W Kelly, individual
<br />Lucy Martin and Randal Martin, wife and husband
<br />#29 St James Place, Grand Island, NE 68803
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<br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Union Bank and Trust Company
<br />PO Box 5166
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />Union Bank and Trust Company -Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<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 Twenty -Nine (29), Block Seven (7), Unit Three (3), Continental Gardens, an
<br />Addition to the City of Grand Island, Hall County, Nebraska
<br />The property is located in _____________ __ _______ _ _ _ _ __ _______hall ------------------------------------ at #29 St. James P1
<br />--- - - - - -- - -- -------- - - - - -- -- -- --------------- - - --
<br />(County)
<br />- - - - - -- - -------- - - - - -- -Grand --Island------------ - - - - -- f Nebraska ---------- 68803-----------
<br />- - - ------------
<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 $ $158,450.50 . 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 />Fixed Rate Promissory Note 857340 in the amount of $79,225.25 and maturing on
<br />April 13, 2004
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />15(15M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />dM C165(NE) (0301) VMP MORTGAGE FORMS - (800)521-7291
<br />(page 1 of 4)
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />El Construction Security Agreement
<br />E] Master form recorded by ----------------------------------------------------------------------------------------
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 13, __2004.
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Dorothy W Kelly, individual
<br />Lucy Martin and Randal Martin, wife and husband
<br />#29 St James Place, Grand Island, NE 68803
<br />I'll
<br />��
<br />e
<br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Union Bank and Trust Company
<br />PO Box 5166
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />Union Bank and Trust Company -Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<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 Twenty -Nine (29), Block Seven (7), Unit Three (3), Continental Gardens, an
<br />Addition to the City of Grand Island, Hall County, Nebraska
<br />The property is located in _____________ __ _______ _ _ _ _ __ _______hall ------------------------------------ at #29 St. James P1
<br />--- - - - - -- - -- -------- - - - - -- -- -- --------------- - - --
<br />(County)
<br />- - - - - -- - -------- - - - - -- -Grand --Island------------ - - - - -- f Nebraska ---------- 68803-----------
<br />- - - ------------
<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 $ $158,450.50 . 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 />Fixed Rate Promissory Note 857340 in the amount of $79,225.25 and maturing on
<br />April 13, 2004
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />15(15M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />dM C165(NE) (0301) VMP MORTGAGE FORMS - (800)521-7291
<br />(page 1 of 4)
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