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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement 02. )
<br />O,l\1aster form recorded by
<br />_.,.. - ~ -, " : . '" ' " "._':- ;", __ - ,. __,n ~ ~ _ _ __ __ _ ~ ~ ~,~..~...:-:,_ ~ _,~ ~ ~. ~,"~ , _, _ "_~":"__~~'_ _ ~ ~'_,~ _ ~_ __~__-:__~~__ ,~,__-:-:- __ _. __ __ __ _ _____
<br /> un __ un __ __ _ un __ __ __ __ __ __ __ __ _ n _ _ __
<br />1. DATE ANDPl\!U1ES;-ne- dal~roIlliis-=medofTrtist (mctirtty't~iS1f:~i7_-"_9:?_L-_-~~!?-~::mm__m:__:mmmmmm_
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />0-,)
<br />
<br />TRUSTOR: K 0 K ENTERPRISES LLC
<br />
<br />216 N Cedar St
<br />Grand Island, NE 68801
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Union Bank and Trust Company
<br />PO Box 5166
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />union Bank and Trust Company-Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<br />
<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 perfonnance 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 />The North 44 feet of Lots 9 and 10, Block 21, Schimmer's Addition to the City of
<br />Grand Island, as surveyed, platted and recorded Hall County, Nebraska
<br />
<br />The property is located in ".. _
<br />
<br />Hall at 1610 N Cleburn
<br />-.-------------------------------------------------------- ---------------------------------------------...
<br />(County)
<br />
<br />(Address)
<br />
<br />Grand Island
<br />---------------------------------------------------------
<br />(City)
<br />
<br />, Nebraska ___ ___ ___ _ ~_?_ ~ 9J: ___ ___ ____
<br />(ZIP Code)
<br />
<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 />
<br />3. MAXIMUM OBUGA TION LIMIT. The total principal amoUlJ1 secured by this. .sec~i~y. I~iuw;snt .at any 'jme ~~e sh~H I,I'lO_',_
<br />not exceed $ $88,166.00 . 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 AnV ANCES. The tenn "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, ete.)
<br />Fixed Rate promissory Note 11280056 in the amount of $44,083.00 and maturing
<br />on 05/02/2006
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Ine" SL Cloud, MN Form RE-DT-NE 1/30/2002
<br />. .C165(NE) (0301) VMP MORTGAGE FORMS - (800)521-7291
<br />@
<br />
<br />(pa~ fl5 4)
<br />Loan Number 1128005 ~
<br />
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