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State of Nebraska Space Above This Line For Recording Data
<br />- DEED OF TRUST
<br />(IVIT h Future Advan(*,Clanse) �
<br />❑ Construction Security Agteement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ...................07.27.2005
<br />.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />VANGUARD PROPERTIES, LLC, A NEBRASKA LIMITED LIABILITY COMPANY
<br />3811 29TH AVENUE, SUITE 5
<br />KEARNEY, NE 68845
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: FIRST STATE BANK
<br />119 C STREET, P 0 BOX 639
<br />SHELTON,NE 68876
<br />47.0162810
<br />BENEFICIARY: FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />.:....:..1.19 C STREET .
<br />P 0 BOX 639 SHELTON, NE 68876
<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: LOTS THREE (3) AND FOUR (4), BLOCK ONE (1), NORTHVIEW FIRST SUBDIVISION, A SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, ACCORDING TO THE PLAT THEREOF
<br />The property is located in ............................... HAIL..................... _ ...... at N. , , ... , .. , . , .. , ........... , ..................
<br />(County)
<br />.............................. ..............................I ................... 08ANU.I.SLm .................. I Nebraska ........ 68803.........
<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 improverneuts, structures, fixtures, and feplacetnents 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 $ QOQ, QQQ•. QQ .......... ............................... 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 />PROMISSORY NOTE TO VANGUARD PROPERTIES, LLC FOR AN ORIGINAL PRINCIPAL AMOUNT OF $35,000 DATED JULY 27, 2005 WITH A MATURITY
<br />DATE OF JULY 27, 2006 AT A RATE OF 7.75%
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) t ge )
<br />�E� CJ 1994 Sankars Systems, Inc., St. Cloud, MN Form RE-UT-NE 1/3012002
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<br />State of Nebraska Space Above This Line For Recording Data
<br />- DEED OF TRUST
<br />(IVIT h Future Advan(*,Clanse) �
<br />❑ Construction Security Agteement
<br />❑ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ...................07.27.2005
<br />.................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />VANGUARD PROPERTIES, LLC, A NEBRASKA LIMITED LIABILITY COMPANY
<br />3811 29TH AVENUE, SUITE 5
<br />KEARNEY, NE 68845
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: FIRST STATE BANK
<br />119 C STREET, P 0 BOX 639
<br />SHELTON,NE 68876
<br />47.0162810
<br />BENEFICIARY: FIRST STATE BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF NEBRASKA
<br />.:....:..1.19 C STREET .
<br />P 0 BOX 639 SHELTON, NE 68876
<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: LOTS THREE (3) AND FOUR (4), BLOCK ONE (1), NORTHVIEW FIRST SUBDIVISION, A SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, ACCORDING TO THE PLAT THEREOF
<br />The property is located in ............................... HAIL..................... _ ...... at N. , , ... , .. , . , .. , ........... , ..................
<br />(County)
<br />.............................. ..............................I ................... 08ANU.I.SLm .................. I Nebraska ........ 68803.........
<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 improverneuts, structures, fixtures, and feplacetnents 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 $ QOQ, QQQ•. QQ .......... ............................... 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 />PROMISSORY NOTE TO VANGUARD PROPERTIES, LLC FOR AN ORIGINAL PRINCIPAL AMOUNT OF $35,000 DATED JULY 27, 2005 WITH A MATURITY
<br />DATE OF JULY 27, 2006 AT A RATE OF 7.75%
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) t ge )
<br />�E� CJ 1994 Sankars Systems, Inc., St. Cloud, MN Form RE-UT-NE 1/3012002
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