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<br />L� sna of Nepmlu Spvse Above iha Dve For RecmrNVg Mtl
<br />r, DEED OF TRUST
<br />(With Fallen Advance Clause)
<br />Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep 06, 2002
<br />___________________
<br />and the parties, [heir addresses and [ax idrntifiratian numbers, if required, are as follows:
<br />TRUSTOR: Sandra K Noecker, a single person
<br />1104 S Sycamore St
<br />Grand Island, NE 68801 -7961
<br />El 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 said 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 bent of Beneficiary, with power of sale, the following described
<br />Property:
<br />The East Half of the North Half (Ei /2N3/2) of the East Two Hundred Seventy (270)
<br />feet of Lot Eleven(il), in Vantine•a Subdivision, Hall County, Nebraska
<br />The property is located in ----------------- Hall------------------ at 1104_3 Sxcemore St
<br />(COUnry)
<br />______________ _ ___ _ ___ Grand_xelend .......... Nebraska 68801 -7961
<br />(Address) (City) (ZIP Cudn)�
<br />Together with all rights, casements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stack 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 S $10,262.00 . 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 mode 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 ameba), caaract(s), guaronty(s) or uther evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br />suggested that }nu include items such as honnwen' names. note amounts, interest rater, maturity dates. etc)
<br />Note 672090 Dated September 06, 2002, in the amount of $5,131.00 and maturing
<br />on 09/01/2007
<br />NEBRASKA - DEED OF IRUSI (NOT FOR FNMA, FuMC. FHA OR VA USER (page IOf4)
<br />© 1994 Bmkef Sylhrol, rQ, $I ClAud MN 0 800S99-294 1) Fwm RE OF NE IOnrl97
<br />® ®C165(NE)t9eoel.BS VMV MORT GAGE FORMS - (900x01]291
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