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<br />i <br /> <br />'=' <br /> <br />~ <br /> <br />I'V <br />CSl <br />CSl <br />trI <br />->.. <br />I'V <br />->.. <br />Q") <br />00 <br /> <br />State of Nebraska <br /> <br />D Master form recorded by. __ . __ .. __ __ .__ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dee 09, <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br /> <br />DEED OF TRUST <br />(With Future Advance Clause) <br />D Construction Security Agreement <br /> <br />2005 <br /> <br />~ <br />~~ <br />G <br /> <br />TRUSTOR: GARY L CATLETT <br />ROBERTA L CATLETT, HUSBAND AND WIFE <br />2817 BRENTWOOD BLVD <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 /> <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br /> <br />BENEFICIARY: <br /> <br />Home Federal Savings and Loan 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. 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 />SUITE TWO (2), IN PlNEWOOD CONDOMINIUM PROPERTY REGIME III, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA, NOW KNOWN AS 2817 PINEWOOD CONDOMINIUM IN THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <br /> <br />The property is located in . <br /> <br />Hall <br />(County) <br /> <br />at 2817 BRENTWOOD BLVD <br /> <br />(Address) <br /> <br />Grand Island <br />(City) <br /> <br />, Nebraska <br /> <br />68801 <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 $:1..9.1.,.0.0.0...00 . This limitation of amount does not include interest and olher 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 if is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note dated 12/09/2005 <br /> <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />Ex{5ef"iJ: 0 1994 Bankers Systems. Ine" SI. Cloud, MN Form RE-OT-NE 1/30/2002 <br />.. -C165(NE) 103011 VMP MORTGAGE FORMS. (8001521.7291 <br />@ <br /> <br />A~L (pa:lW <br />