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I.
<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />EJ0 Construction Security Agreement
<br />Master form recorded by -------------------------------------------------------------------
<br />-----------------------------
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 29, 2004
<br />- ------ - - - - -- ---- - - - - - -
<br />-
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Gregory Alan Payne
<br />aka Gregory A Payne, a single person
<br />5062 N 80th Road
<br />Cairo, NE 68824 -9447
<br />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 />see attached exhibit "A"
<br />The property is located in ----------------------------------- Hall ----------------------------- - - - - -- at 5062 N 80th Road
<br />- ------ - - - - -- - -- -- - - - - - -- - -- - - - - -- ---------------
<br />(County)
<br />----------------------------------------------------------- - - - - -- - -- ' --------------- - - - - -- Cairo------------------- - - - - -- , Nebraska 68824 -9447
<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 $ $30,132.00 . 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 934320 dated 06/29/04 in the amount of $15,066.00
<br />and maturing on July 01, 2009.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) P of 4)
<br />1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />OM C165(NE)(0301) VMP MORTGAGE FORMS - (800)521-7291 Loan Number 93432
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<br />I.
<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />EJ0 Construction Security Agreement
<br />Master form recorded by -------------------------------------------------------------------
<br />-----------------------------
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jun 29, 2004
<br />- ------ - - - - -- ---- - - - - - -
<br />-
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Gregory Alan Payne
<br />aka Gregory A Payne, a single person
<br />5062 N 80th Road
<br />Cairo, NE 68824 -9447
<br />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 />see attached exhibit "A"
<br />The property is located in ----------------------------------- Hall ----------------------------- - - - - -- at 5062 N 80th Road
<br />- ------ - - - - -- - -- -- - - - - - -- - -- - - - - -- ---------------
<br />(County)
<br />----------------------------------------------------------- - - - - -- - -- ' --------------- - - - - -- Cairo------------------- - - - - -- , Nebraska 68824 -9447
<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 $ $30,132.00 . 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 934320 dated 06/29/04 in the amount of $15,066.00
<br />and maturing on July 01, 2009.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) P of 4)
<br />1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />OM C165(NE)(0301) VMP MORTGAGE FORMS - (800)521-7291 Loan Number 93432
<br />
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