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<br />16 NINTH AVE. NORTH HOPKINS, MN 55343 -7617
<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />Loan No.: 00003000189117 (With Future Advance Clause)
<br />EJ Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isSeptember 5, 2003
<br />--------------- - - - --
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:JAMES E. URBAN AND CELIA R. URBAN, HUSBAND AND WIFE
<br />503 JOHNSON DR, GRAND ISLAND, NE 68803
<br />S
<br />El If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
<br />111 SW 5TH AVENUE, PORTLAND, OR 97204
<br />BENEFICIARY:
<br />U.S. BANK NATIONAL ASSOCIATION ND
<br />4325 - 17TH AVENUE SW, FARGO, ND 58103
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defused 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 />SEE "ATTACHMENT All
<br />The property is located in___ - -_------ -------------- HALL - - - - -- ------- --------- ----------- at 503 JOHNSON DR
<br />- - - - - - -- ---------------
<br />(County)
<br />GRAND ISLAND , Nebraska - - -- - 6.8803 - --
<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
<br />shall not exceed $ 9 , 9 0 0.0 0 This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this 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
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include thefinal maturity date of such debt(s).)
<br />All amounts payable to Lender at any time under a U.S. BANK EQUILINE AGREEMENT
<br />dated 9/5/2003, signed by JAMES E URBAN and CELIA R URBAN. The length of the
<br />repayment period and the maturity date will depend on the amounts owed at the
<br />beginning of the repayment period, but it will end no later than the maturity
<br />date of 10/25/2028.
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page
<br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99
<br />�� C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521- 729LTS TITLE SERVICES
<br />4203 S. 33RD STREET
<br />UINOCL -N, PAC 68506
<br />PH: 468 -288 - FAX: 488 -2977
<br />
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