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.�..� <br />;a n <br />c n CA <br />�,,.� • <br />III <br />Z <br />rn <br />- -� <br />o <br />N <br />n vs <br />CD <br />r,3 <br />Cn <br />rT <br />71 <br />y <br />N <br />c� <br />S <br />CD <br />CID <br />h] <br />u u <br />- -- <br />State of Nebraska <br />Space Above This <br />ry <br />Line For Recording <br />Cf) <br />DiQ <br />_ ry Z <br />" O <br />DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />O Master form by <br />recorded . <br />1. DATE AND PARTIES. The date <br />of this Deed of Trust (Security Instrument) is Jun_ <br />0-1-,_ <br />2005 <br />and the parties, their addresses and <br />tax identification numbers, if required, are as follows: <br />TRUSTOR: TRI CITY METERS, INC <br />4052 ZOLA LANE <br />Grand Island, NE 68803 <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <br />Home Federal Savings and Loan Association of Grand Island <br />221 South Locust Street Grand Island, NE 68801 <br />Organized and Existing Under the Laws of The State of Nebraska <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 />LOT TWELVE (12), BLOCK THIRTEEN (13), IN CLARKSON'S FIRST ADDITION TO THE VILLAGE OF <br />ALDA, HALL COUNTY, NEBRASKA AND THE WESTERLY ONE HALF OF VACATED STREET BY ORDINANCE <br />NO. 56, LYING ADJACENT TO LOT TWELVE (12), BLOCK THIRTEEN (13), CLARKSON'S FIRST <br />ADDITION TO THE VILLAGE OF ALDA, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 210 EAST FRONT <br />(County) <br />----------------- - - - - -- -.. ALDA , Nebraska 68810 <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 $ 36,200. 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 />A Promissory Note dated 06/01/2005 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 Of 4) <br />E,[ (D 1994 Hankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002 <br />M- C165(NE) (0301) VMP MORTGAGE FORMS, (800)521.7291 <br />