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<br />I State of Nebraska Space Above This Line For Recording Data Q
<br />U) DEED OF TRUST
<br />Z� (With Future Advance Clause) 200315404
<br />� E:1 Construction Security Agreement
<br />Master farm recorded by - - - - -- -- - - - - -- --- - - - - -- ---- - - - - -- - -----------------
<br />-----------------------------------------------------------
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Nov ,
<br />------- - - 20- - -- --2003----------------------------------------------
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Gary Martin and Vickie Martin, husband and wife
<br />c%
<br />4163 Indianhead Road
<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 />Union Bank and Trust Company
<br />PO Box 5166
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />Union Bank and Trust Company -Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<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 Six (6), Indianhead Second Subdivision, City of Grand Island, Hall County,
<br />Nebraska.
<br />The property is located in ------------------------------------------------ ---- --- ------------------ - - - - -- at 4163 --- Ind_ ianhead Road
<br />(County)
<br />----------- - - - - -- - -------- - - - - -- -Grand Island----------- - - - - -- - Nebraska -------- -- 68803-----------
<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 $ $33,799.64 " 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 />Fixed Rate Promissory Note 844995 dated November 20, 2003 in the amount of
<br />$16,899.82 and maturing on 11/04/2008
<br />i
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ,/ (pag
<br />+-p(F-E� ( 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />9M-Cl 66(NE) (0301) VMP MORTGAGE FORMS - (800)521-7291
<br />
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