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TRUSTOR: <br />STAROSTKA HOMES,INC. <br />807 WEST 4TH ST. <br />GRAND ISLAND, NE 68801 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />ARCHER COOPERATIVE <br />2121 ARCHER ROAD <br />ARCHER, NE 68816 <br />BENEFICIARY: <br />ARCHER COOPERATIVE <br />CREDIT UNION <br />2127- AR.CNER RD, . <br />ARCHER, NE 68816 <br />CREDIT UNION <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 Truster'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: Fimt <br />LOT FOUR (4), BLOCK ONE (1), WOODLAND PARK SUBDIVISION MMMM <br />HALL COUNTY, NEBRASKA <br />Theproperty is located in L .............................. ............................... at .............. ............................... <br />(County) <br />R-199-W. -MZX-1QQ.P,IYE ....................... �L,9I li ............................... Nebraska ....................... <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 $ .... 2eQQQ:, 9. Q . ............................... 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 />Pr=ssary rote dated 3- 2$--05 §tawi B1auk= hWnnr Im. as borrower in the aTamh <br />of $200,000.00. NDte rrabxity date of 1 -20-06 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />Ej, (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -0T -NE 1/30/2002 <br />n n <br />r ., <br />T. <br />c M <br />° �_ ' <br />C:: <br />r- r .. <br />(D �� <br />M a CT1 <br />C/) <br />�,, <br />O <br />C:) <br />co <br />Cn <br />C7 <br />3 <br />r <br />v� <br />W <br />u� <br />C.J <br />Cn <br />CD <br />State of Nebraska <br />Space Above This <br />Line For Recording <br />Data <br />0 <br />DEED OF TRUST <br />200504336 <br />(with Future Advance Clause) <br />Construction Security Agreement <br />❑ Master form recorded by ............................. <br />1. <br />DATE AND PARTIES. The date <br />of this Deed of Trust (Security Instrument) is ...... <br />03 28 <br />✓.....�.. AS .......................... <br />�a <br />and the parties, their addresses and tax identification <br />numbers, if required, are as follows: <br />TRUSTOR: <br />STAROSTKA HOMES,INC. <br />807 WEST 4TH ST. <br />GRAND ISLAND, NE 68801 <br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />ARCHER COOPERATIVE <br />2121 ARCHER ROAD <br />ARCHER, NE 68816 <br />BENEFICIARY: <br />ARCHER COOPERATIVE <br />CREDIT UNION <br />2127- AR.CNER RD, . <br />ARCHER, NE 68816 <br />CREDIT UNION <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 Truster'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: Fimt <br />LOT FOUR (4), BLOCK ONE (1), WOODLAND PARK SUBDIVISION MMMM <br />HALL COUNTY, NEBRASKA <br />Theproperty is located in L .............................. ............................... at .............. ............................... <br />(County) <br />R-199-W. -MZX-1QQ.P,IYE ....................... �L,9I li ............................... Nebraska ....................... <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 $ .... 2eQQQ:, 9. Q . ............................... 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 />Pr=ssary rote dated 3- 2$--05 §tawi B1auk= hWnnr Im. as borrower in the aTamh <br />of $200,000.00. NDte rrabxity date of 1 -20-06 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />Ej, (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -0T -NE 1/30/2002 <br />