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State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />E] Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isian 29,___2004 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:Terrance J Smith, A Single Person <br />2516 W Louise <br />Grand Island, NE 68803 <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />United Nebraska Bank <br />700 North Webb Road /PO Box 5018 <br />Grand Island, NE 68803 <br />BENEFICIARY: <br />United Nebraska Bank <br />700 N Webb Rd/ P.O. Box 5018 Grand Island, NE 68802 <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 Fifteen (15) in Block Nine (9) in Ashton Place, an Addition to the City of <br />Grand Island, Hall County, Nebraska. <br />The property is located in Hall _--- _---- ____ at 2516 W Louise <br />(County) <br />Grand - , 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 <br />shall not exceed $25, 0.00.00 This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this 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 <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debts) secured and you should include the final maturity date of such debt (s).) <br />A Line of Credit Agreement dated 01/29/2004 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />0 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />dM - C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />rri <br />M X > <br />C-.) 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The date of this Deed of Trust (Security Instrument) isian 29,___2004 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:Terrance J Smith, A Single Person <br />2516 W Louise <br />Grand Island, NE 68803 <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />United Nebraska Bank <br />700 North Webb Road /PO Box 5018 <br />Grand Island, NE 68803 <br />BENEFICIARY: <br />United Nebraska Bank <br />700 N Webb Rd/ P.O. Box 5018 Grand Island, NE 68802 <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 Fifteen (15) in Block Nine (9) in Ashton Place, an Addition to the City of <br />Grand Island, Hall County, Nebraska. <br />The property is located in Hall _--- _---- ____ at 2516 W Louise <br />(County) <br />Grand - , 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 <br />shall not exceed $25, 0.00.00 This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this 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 <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debts) secured and you should include the final maturity date of such debt (s).) <br />A Line of Credit Agreement dated 01/29/2004 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />0 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />dM - C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />