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<br />Space .Above This Line t'or Recording Data
<br />State of Nebraska
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 28, 2002 0
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />S
<br />TRUSTOR: MARY JANE KENNEDY d
<br />715 PLUM ST
<br />LINCOLN, NE 68502
<br />0 if checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />BENEFICIARY:
<br />Union Bank and Trust Company
<br />3643 South 48th Street, PO Box 82535 Lincoln, NE 68501 -2535
<br />2. CONVEYANCE. [or 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, Truster irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property: MORE PARTICULARLY
<br />THE EAST 151 FT OF LOT FOUR (4), ED ROSS SUBDIVISION NO. TWO (2),
<br />DESCRIBED AS: BEGINNING AT A POINT ON THE NORTH LINE OF THE NE1 /4 OF SECTION 2,
<br />TOWNSHIP 11 NORTH, RANGE 10 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA WHICH POINT
<br />IS 585 FEET WEST OF THE NORTHEAST CORNER OF SAID NE1 /4; THENCE SOUTH, PARALLEL TO
<br />THE EAST LINE OF SAID NE1 /4, 306 FEET; THENCE WEST PARALLEL TO THE NORTH LINE OF
<br />SAD NE1/4 TOIA POINT ON THENCE
<br />SAIDANNE1 /4L THENCE EAST LONG THESNORTHELINE OF SAID
<br />T TO THE EAST LINE OF
<br />SAID
<br />NE1 /4 TO THE POINT OF BEGINNING.
<br />The property is located in Hall at 4045 W. AIRPORT RD.
<br />(County)
<br />GRAND ISLAND ,Nebraska 68603
<br />(Address)
<br />(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. MA :IN:UM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed S 172.800.00 This limitation of amount does not include interest and other tees
<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 d ins follo wevidence of debt described
<br />A. Debt incurred under the terms of all promissory note(s), contract(s), g y( ) or
<br />below and all their extensions, renewals, modifications or substitutions. (IVhen re(crencing the debts below it is
<br />su;gested that you include items such as borroxvers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 01/28/2002
<br />with a maturity date of 04/30/2002
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA FHtmc. FHA OR VA USE)
<br />(page 1 of 4)
<br />,1 1994 B.1k.'s Systems, Inc. St 0O d MN (1- BOG 397 -2341) Farm RE -DT NE 10127197
<br />�-C165(NE) (9800).01 VMP MORTGAGE FORMS- (500)521 7 2 9 1
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