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State of Nebraska
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<br />State of Nebraska
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />El Construction Security Agreement -'
<br />El Master form recorded by _________________ _ _ _ _
<br />- - - - -_ --------------------------------------------------------------------------------- - - - - -- ----- - - - - --
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is De - c 19,29-0-3 --------------------------- - - - - -- - -- -
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Kiffin R Harness, wife and husband
<br />Anthony W Harness, wife and husband
<br />1108 S. Greenwich
<br />Grand Island, NE 68801
<br />El 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 />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 />North Fifty (50) Feet of Lot Two (2), Block Two (2), Sothman's Subdivision, City of
<br />Grand Island, Hall County, Nebraska
<br />The property is located in ----------------------------------- Hall------ _________________________ -_ at 1108 S. Greenwich
<br />- - - - --- - - - - -- --- - - - - -- --- - - - - -- --------------- --
<br />(County)
<br />- -------- - - - - -- Grand__Island----------- - - - - -- > Nebraska--- - - - - -- -68801
<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 $ $94,610.50 . 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 />Fixe Rate Promissory Note 848565 dated December 19, 2003 in the amount of
<br />$47,305.25 and maturing on January 1, 2009.
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (Pale!
<br />le^" (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/20021
<br />-C1 65(NE) (0301) VMP MORTGAGE FORMS - (800)521-7291
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