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<br /> State of Nebraska Space Above This Line Fo.. Recording Da'fa cn:z
<br /> 0
<br />
<br />
<br />
<br />DEED OF TRUST \'\\ )
<br />(With Future Advance Clause) \,
<br />D Construction Security Agreement \'j ~
<br />D Master fo rill reco ,.ded by .. _ m _ _ _. _ nn _ _". .Dec_. Q2_t n 2.QQ5. _.._ _ _ _ _. m n" _. _ n". _ .m_". ..nn.. mn" mm_ -...- - m. nmn" _.n - - -...- -.,: ~:~,---..
<br />1. DATE AND PARTIES, The date of this Deed of Trust (Security Instrument) is n-m.mmmmmnm_mm_mmnmmnm_~'mn_ 0
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />
<br />QPS, INC
<br />915 E Oklahoma
<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 Canpany
<br />PO Box 5166
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />Union Bank and Trust Company
<br />2008 North Webb Road
<br />Grand Island, NE 68803
<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 />
<br />The West 67.5 Feet of the East 135 Feet of Lot Thirteen (13), of the County
<br />Subdivision of the West Half (Wl/2) of the Southwest Quarter (SWl/4) of Section
<br />Fifteen (IS), Township Eleven (11) North, Range Nine (9) West of the 6th P.M.,
<br />in the City of Grand Island, Hall County, Nebraska
<br />
<br />The property is located in .m_mmn..mmm_J~all_...m_"mm_..nn__m_umnnm_.._ at nmllS._E...CharlesnStm-mnn._nn
<br />(County)
<br />_ __ _ n _"..n _ _".. _ nn_" n_ _ n" ___nn.. _nn". __n_"Unnn_ nnn' nn n._n_".Grandn Islandnn__._n.._n_"__ , Nebraska .nn_"6880ln__.nn"n.
<br />(Address) (City) (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 ofthe 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 $ RO . 000 00 . TIns 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 be/ow it is
<br />suggested that you include items such as borrowel's' names, /tote amounts, interest rates, maturity dates, etc.)
<br />
<br />Fixed Rate Promissory Note 1137300 dated 12/02/2005 in the amount of
<br />$40,000.00 and maturing on 04/17 /2006
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FORFNMA. FHLMC. FHA ORVA USE)
<br />~:: 0 1994 Sankers Systems. Inc., SI. ClOUd, MN Form RE-DT.NE 113012002
<br />O<!>-C165(NE) (0301) VMP MORTGAGE FORMS. (800)521-7291
<br />
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