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State of Nebraska
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<br />State of Nebraska
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<br />20040624
<br />pace Above This Line For Recording Data
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />Master form recorded by --------------------------------------------------- - - - - --
<br />-------------------------------------------------------------
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 14, __2004_______________________
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Roland W Gawrych and Heather M Gawrych, husband and wife
<br />507 Kennedy Dr.
<br />Grand Island, NE 68803
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<br />D 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 />The South 55 feet of Lot Eight (8) and the North 20 feet of Lot Nine (9), in
<br />Wolfe's Subdivision in the city of Grand Island, Hall County, Nebraska.
<br />The property is located in ____________________ _____Hall ________________________ _ at 5-0-7---Kennedy - Dr --------------------------
<br />(County)
<br />'
<br />--------------- Gran_ d_ Isl_a_nd----------- - - - - -- , 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 shall
<br />not exceed $ $20,334.00 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 925140 dated June 14, 2004 in the amount of
<br />$10,167.00 and maturing on 06/15/2009
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) i ���Z (pa e 1 of 4)
<br />E5(j E�M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/3012002
<br />OM - C165(NE) (0301) VMP MORTGAGE FORMS - (800)521-7291 Loan Number 925140
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