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O <br />m <br />T <br />z <br />z <br />n N N <br />0 _ <br />n n <br />x D <br />n = <br />� 1 <br />200303213 <br />1 <br />A <br />O <br />V u4 <br />m P <br />�i <br />N <br />(D <br />I-� <br />0 <br />CO U` <br />O -1 <br />C D <br />Z '1 <br />� m <br />� O <br />O m <br />T � <br />S 1�1 <br />S U <br />r A <br />r v <br />a <br />N <br />State of Nebraska - -- Space Above Ths IAne Fur Recording Date <br />DEED OF TRUST <br />(With Future Advance Clause) <br />❑ Construction Security Agreement <br />❑ Master form recorded by ............................. <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .................. 07. 28,2003,,,,,,______,,, <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />o e� <br />N rp <br />O <br />� w <br />W NC <br />O 7 <br />W r[CV� <br />N <br />r m <br />Z <br />Q <br />TRUSTOR: KENNETH A. LANCASTER; KAREN J. LANCASTER; PALLET ADVISORS, INC., HUSBAND AND WIFE AND A NEBRASKA CORPORATION <br />411 N. SHADY BEND ROAD <br />GRAND ISLAND, NE 88802 <br />410727249 <br />El If checked, refer to the attached Addendum incorporated herein, for additional Tractors, their signatures and <br />acknowledgments. <br />TRUSTEE: SECURITY NATIONAL BANK OF OMAHA <br />3500 FARNAM STREET <br />OMAHA, NE 68131 <br />470485338 <br />BENEFICIARY: SECURITY NATIONAL BANK OF OMAHA <br />A NATIONAL BANKING ASSOCIATION <br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE UNITED STATES OF AMERICA <br />P, O. BOX 31400 OMAHA, NE 68131-400 <br />A7 04FS3'9 <br />CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, nod co <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 />properly: <br />LOT ONE (1), FAIRACRES DAIRY FOURTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in ...... _ ....................... HALL................. _............. at 411 00 417 NORTH SHADY BEND go40,, , , _ _ <br />(CUUnty) <br />............................ ............._..._............, ................_ GPAND.l5LAN0.... .... ........... Nebraska ........69842........ <br />(Address) (City) (ZIP CodC) <br />'together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rigbm, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixluren, and replacements that may <br />now, or m any time in the future, be part of the real estate described above (all referred to as "Property "). <br />MAXIMUM OBLI rATTON LIMIT. T11c total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 75,0099 ....... — ........ ........ _. _... ........ . This limitation of atnoum does not include interest and ocher lees <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 perfonn any of the covenaam contained in this <br />Security Instrument. <br />SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory ime(s), contract(s), gumamy(s) or ocher evidence of debt described <br />below and all their extrusions, renewals, modifications or substitutions. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note aniourcr, interest rates, maturity dares, arc.) <br />A PROMISSORY NOTE DATED FEBRUARY 28, 2003 <br />SECURITY NATIONAL BANK <br />NEBRASKA - DEED OF TRUST INOT FOR FNMA FHLMC, FHA OR VA USE) OF OMAHA (page 1 of 4) <br />PO. Box 31400 <br />rte': cal sa4 S-1- sr .-, IK.. S,. aeaa, MN 1— as oT rE 1111Nol Omaha, Nebraska 68131 -0400 <br />