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3947 Mary Lane <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 24, Mary Lane Subdivision in the City of Grand Island, Hall County, Nebraska. <br />The property is located in ______ ____________ _____ ________Hall________________ -__ ____ at 3947__ Mary__ Lane <br />(County) <br />--- - - - - -- --- - - - - -- --- - - - - -- --- - - - - -- - - -- - -- <br />Grand_ Island________________ , Nebraska________ 68803_______ <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 15, 000._ 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 debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 06/14/2004 <br />NEBRASKA -HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FORFNMA, FHLMC, FHAORVA USE) (page 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />M- C465(NE) (9902).02 VM P MORTGAGE FORMS - (800)521 -7291 <br />M <br />n n <br />-n <br />r-f JS <br />rn <br />no <br />> N <br />cn <br />{ <br />Nom. <br />CD� <br />t <br />Vn <br />rJ <br />Z <br />A rn <br />O �. <br />(� <br />(A " \ <br />L-.7 rri <br />(7i <br />CD <br />0 <br />,i <br />� <br />r— <br />f" D <br />CD <br />C <br />OV <br />fN <br />W <br />" <br />co <br />Cn <br /><n <br />z <br />0 <br />O <br />State of Nebraska <br />Space Above This Line For <br />Recording <br />Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />�d <br />1. DATE AND <br />PARTIES. The date of this Deed of Trust (Security Instrument) isJun 14,___20. 04____ <br />___ ____ _ _ __________ <br />.... <br />the parties, their addresses <br />and tax identification numbers, if required, are as follows: <br />TRUSTOR:Jody D Bennett <br />and Robin R Bennett, as joint tenants. <br />3947 Mary Lane <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 24, Mary Lane Subdivision in the City of Grand Island, Hall County, Nebraska. <br />The property is located in ______ ____________ _____ ________Hall________________ -__ ____ at 3947__ Mary__ Lane <br />(County) <br />--- - - - - -- --- - - - - -- --- - - - - -- --- - - - - -- - - -- - -- <br />Grand_ Island________________ , Nebraska________ 68803_______ <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 15, 000._ 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 debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 06/14/2004 <br />NEBRASKA -HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FORFNMA, FHLMC, FHAORVA USE) (page 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />M- C465(NE) (9902).02 VM P MORTGAGE FORMS - (800)521 -7291 <br />