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V <br />• <br />�E04 <br />1. <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />Master form recorded by ------------------------------------------------------------------------------------------------- <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May- 28, __2004_ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: James S Deavers, a single person <br />309 S Vine <br />Grand Island, NE 68801 <br />rq <br />C <br />x <br />�s <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 Thirteen (13), Block Six (6), Koehler Place, an Addition to the City of Grand <br />Island, Hall County, Nebraska <br />The property is located in ----------------------------------- Hall------------------------------------ at 309 S Vine <br />---- - - - - -- - - - - - - -- ----------------------------------- <br />(County) <br />----------------------------------------------------------- --- - -- - - -- I -------- - - - - -- Grand__Island---------- - - - - -- , 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 $ $51,000.00 ' 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 />Fixed Rate Promissory Note 919470 dated 05/28/2004 in the amount of $25,500.00 <br />and maturing on 06/01/2009 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />E5(15E.� Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />(M C165(NE) (0301) VMPMORTGAGEFORMS- (800)521.7291 Loan Number 919470 <br />M <br />n <br />M <br />= <br />T <br />t <br />y <br />C7 <br />O <br />Zn <br />, <br />2 <br />[i <br />M <br />D <br />CA <br />m <br />[i <br />Cn <br />o 'rs <br />O <br />I <br />CID <br />n <br />h <br />` <br />T rT1 <br />M <br />1 <br />: <br />r <br />Cn <br />C:) <br />r_ D <br />D <br />S <br />co <br />Cn <br />co <br />W <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />Master form recorded by ------------------------------------------------------------------------------------------------- <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May- 28, __2004_ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: James S Deavers, a single person <br />309 S Vine <br />Grand Island, NE 68801 <br />rq <br />C <br />x <br />�s <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 Thirteen (13), Block Six (6), Koehler Place, an Addition to the City of Grand <br />Island, Hall County, Nebraska <br />The property is located in ----------------------------------- Hall------------------------------------ at 309 S Vine <br />---- - - - - -- - - - - - - -- ----------------------------------- <br />(County) <br />----------------------------------------------------------- --- - -- - - -- I -------- - - - - -- Grand__Island---------- - - - - -- , 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 $ $51,000.00 ' 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 />Fixed Rate Promissory Note 919470 dated 05/28/2004 in the amount of $25,500.00 <br />and maturing on 06/01/2009 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />E5(15E.� Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />(M C165(NE) (0301) VMPMORTGAGEFORMS- (800)521.7291 Loan Number 919470 <br />