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TRUSTOR: Michael S Nutter, A Single Person <br />704 W 10th St <br />Grand Island, NE 68801 <br />E] 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 />3643 South 48th Street <br />Lincoln, NE 68506 <br />BENEFICIARY: <br />Union Bank and Trust Company- McCook <br />312 West 1st Street McCook, NE 69001 <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 />E 52.8' of Fractional L8, in Fractional B21, Russell Wheeler Add'n and it's <br />complement Fractional L9, in Fractional B1.H.G. Clark's Add'n to Grand Island, Hall <br />County, NE <br />The property is located in ---- at 7-0-4--w-10th-St ______________________ _ _ _ ___ <br />---- --------------------- ---------- ------------------------------------------- <br />(County) <br />Grand_ Island_________________ _ Nebraska_________ 68801 ---------- <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 $ $32,178.00 . 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 />Loan #787775 dated 07/03/03 in the amount'of $16,089.00 and maturing on <br />07/16/2008 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE) (page <br />Q 1994 Banll Systems, Inc., St. Cloud, MN (1- 800 - 397.2341) Form RE -DT -NE 10/27/97 <br />(M- C165(NE) (9808).02 VMP MORTGAGE FORMS - (800)521.7291 <br />-" M CA <br />r-- <br />� M <br />o <br />C:) <br />ti <br />C:3 <br />nCA <br />�` <br />� <br />O <br />�, A <br />M <br />O <br />cn <br />r <br />U) <br />00 =3 <br />to <br />coo <br />W <br />CD <br />200308885 <br />yCl1 3 <br />z <br />0 <br />State of Nebraska Space Above This <br />Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />E] Construction Security Agreement <br />1. <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul_ <br />03_,2003______________ <br />and the parties, <br />their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: Michael S Nutter, A Single Person <br />704 W 10th St <br />Grand Island, NE 68801 <br />E] 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 />3643 South 48th Street <br />Lincoln, NE 68506 <br />BENEFICIARY: <br />Union Bank and Trust Company- McCook <br />312 West 1st Street McCook, NE 69001 <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 />E 52.8' of Fractional L8, in Fractional B21, Russell Wheeler Add'n and it's <br />complement Fractional L9, in Fractional B1.H.G. Clark's Add'n to Grand Island, Hall <br />County, NE <br />The property is located in ---- at 7-0-4--w-10th-St ______________________ _ _ _ ___ <br />---- --------------------- ---------- ------------------------------------------- <br />(County) <br />Grand_ Island_________________ _ Nebraska_________ 68801 ---------- <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 $ $32,178.00 . 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 />Loan #787775 dated 07/03/03 in the amount'of $16,089.00 and maturing on <br />07/16/2008 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE) (page <br />Q 1994 Banll Systems, Inc., St. Cloud, MN (1- 800 - 397.2341) Form RE -DT -NE 10/27/97 <br />(M- C165(NE) (9808).02 VMP MORTGAGE FORMS - (800)521.7291 <br />