|
TRUSTEE:
<br />Union Bank and Trust Company
<br />PO BOX 82535 Lincoln NE 68501 -2535
<br />BENEFICIARY:
<br />Union Bank and Trust Company
<br />PO Box 82535 Lincoln NE 68501 -2535
<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), Roger Sullivan Second Subdivision, Hall County, Nebraska
<br />The property is located in Hall at 10170_ S Shady Bend Rd
<br />-------- - - - - --
<br />(County)
<br />-------------------------------------------------------------- - - - - -- ) ----------------- _ --------------------- , Nebraska 68832
<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 $ 120,000.00 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(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 />Promissory note dated January 15, 2004 in the amount of $120,000.00 and
<br />maturing on January 15, 2005.
<br />,,
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />0 1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97 Note Dated January 15th, 2004
<br />®C165(NE) (980e).01 VMP MORTGAGE FORMS - (800)521.7291
<br />rn
<br />m
<br />c
<br />n
<br />n =
<br />M
<br />(TI
<br />r
<br />1
<br />O T
<br />C�
<br />D
<br />D t
<br />O
<br />r
<br />_
<br />f�
<br />1}
<br />W
<br />C n
<br />C/)
<br />c
<br />Z
<br />Cn
<br />C
<br />State of Nebraska Space Above This Line For Recording
<br />Data
<br />DEED OF TRUST
<br />Q
<br />(With Future Advance Clause)
<br />n Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is January 15th,
<br />2004
<br />------------------------------
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />JOHN RICHARD SULLIVAN, A SINGLE PERSON AND TIMOTHY J.
<br />SULLIVAN AND
<br />MARY CLAI
<br />TRUSTOR :SULLIVAN AS HUBAND AND WIFE AND RONALD SCHOEN- AND,PEGGY
<br />J. SCHOEN, AS
<br />HUSBAND
<br />AND WIFE _-
<br />1720 Lake St
<br />Lincoln, NE 68502
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors,
<br />their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Union Bank and Trust Company
<br />PO BOX 82535 Lincoln NE 68501 -2535
<br />BENEFICIARY:
<br />Union Bank and Trust Company
<br />PO Box 82535 Lincoln NE 68501 -2535
<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), Roger Sullivan Second Subdivision, Hall County, Nebraska
<br />The property is located in Hall at 10170_ S Shady Bend Rd
<br />-------- - - - - --
<br />(County)
<br />-------------------------------------------------------------- - - - - -- ) ----------------- _ --------------------- , Nebraska 68832
<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 $ 120,000.00 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(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 />Promissory note dated January 15, 2004 in the amount of $120,000.00 and
<br />maturing on January 15, 2005.
<br />,,
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />0 1994 Bankers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97 Note Dated January 15th, 2004
<br />®C165(NE) (980e).01 VMP MORTGAGE FORMS - (800)521.7291
<br />
|