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<br />200307593
<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />E] Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Ju_n_ 13 , 2003 CD
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: O
<br />TRUSTOR: Diane Semm
<br />Dale Semm, wife and husband
<br />4851 W Abbott Road
<br />Grand Island, NE 68803 -9427
<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 />The East Ten Feet (101) of Lot Nine (9) and all of Lot Ten (10), Block Ten (10),
<br />Gilbert's Second Addition to the City of Grand Island, Hall County, Nebraska
<br />The property is located in Hall at 1004 West 13th St
<br />-----------------------------
<br />(County)
<br />--- - - -_ -- Grand - Island_ Nebraska 68801
<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 $ $109,070.00 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 778071 dated June 13, 2003 in the amount of
<br />$54,535.00 and maturing on December 13, 2003
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) Q (Doge 1 of 4)
<br />0 1994 Bonkeq.Systems, Inc., S1. Cloud, MN (1- 800 - 397 -2341 ) Form RE -DT -NE 10/27/97
<br />®C16S(NE) (9808).02 VMP MORTGAGE FORMS - (800)521 -7291
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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />E] Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Ju_n_ 13 , 2003 CD
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: O
<br />TRUSTOR: Diane Semm
<br />Dale Semm, wife and husband
<br />4851 W Abbott Road
<br />Grand Island, NE 68803 -9427
<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 />The East Ten Feet (101) of Lot Nine (9) and all of Lot Ten (10), Block Ten (10),
<br />Gilbert's Second Addition to the City of Grand Island, Hall County, Nebraska
<br />The property is located in Hall at 1004 West 13th St
<br />-----------------------------
<br />(County)
<br />--- - - -_ -- Grand - Island_ Nebraska 68801
<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 $ $109,070.00 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 778071 dated June 13, 2003 in the amount of
<br />$54,535.00 and maturing on December 13, 2003
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) Q (Doge 1 of 4)
<br />0 1994 Bonkeq.Systems, Inc., S1. Cloud, MN (1- 800 - 397 -2341 ) Form RE -DT -NE 10/27/97
<br />®C16S(NE) (9808).02 VMP MORTGAGE FORMS - (800)521 -7291
<br />
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