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<br />State of Nebraska Space Above This Line For Recording Data Q
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />0 Construction Security Agreement p
<br />0 Master form recorded by - - - -- -----------------------------------------------------------------------------------
<br />------------------------------
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep 29,___2003
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Lorraine M. Maloley, A Single Person
<br />326 Mallard Lane
<br />Grand Island, NE 68801 -8544
<br />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 />3643 So 48th St, PO Box 82535
<br />Lincoln, NE 68501 -2535
<br />BENEFICIARY:
<br />Union Bank and Trust Company
<br />3643 South 48th Street, PO Box 82535 Lincoln, NE 68501 -2535
<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 Three (3), Hidden Lakes Subdivision Number Seven (7), Hall County, Nebraska.
<br />THIS DOCUMENT WAS PREPARED IN TRIPLICATE TO FACILITATE FILING IN 3 COUNTIES
<br />The property is located in Hall at 326 Mallard ane_ ____________ ___ _ ____
<br />----------------------------- ------ ------- ------------------------------- - - - - -- - - - --- - -
<br />(County)
<br />_____________________ ________ _ ______________ _Grand__Island_________- _ - - -__- , Nebraska___ 68801 -8544
<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 $ $860,000.00 ' This limitation of amount does not include interest and other fees m
<br />and charges validly made pursuant to this Security Instruent. 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 />Fixed Rate Promissory Note to Lorraine M. Maloley dated 9/29/03 in the amount
<br />of $330,000.00 maturing 6/1/13 and Fixed Rate Promissory Note dated 9/29/03 in
<br />the amount of $100,000.00 maturing 6/1/10.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4)
<br />f5qj5j�� Oc 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />��C165(NE) (0301) VMP MORTGAGE FORMS - (800)521-7291
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