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<br /> State of Nebraska Space Above This Line For Recording Data
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />D Master form recorded by_ __ _ _ _ _ _ _ _ _ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~9Y_ J9_,_2005
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: KIM M MCDONALD
<br />DIANA M MCDONALD, AS HUSBAND AND WIFE
<br />4013 REED RD
<br />Grand Island, NE 68803
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<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />Home Federal savings ana ~oan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<br />
<br />2. CONVEY ANCE. 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 THIRTY (30), POTASH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />
<br />NEBRASKA
<br />
<br />The property is located in _ __
<br />
<br />at 4013 REED ROAD
<br />------.,.-..
<br />
<br />(County)
<br />
<br />(Address)
<br />
<br />Gran(:L!~!~~9._
<br />(City)
<br />
<br />, Nebraska
<br />
<br />68803
<br />--------
<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 OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $$30,000.0_0_ _ _ _ _ _ _ _ _ . 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 anwunts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 11/10/2005
<br />
<br />NEBRASKA. DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Inc" 51. Cloud, MN Form RE.DT-NE 1/30/2002
<br />.. -C165(NEI 103011 VMP MORTGAGE FORMS. (800)521-7291
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<br />(page 1 of 4)
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