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<br /> 200601431 ~
<br />..-."..- State of Nebraska Space Above This Line For Recording Data
<br />
<br />
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause) ~(). :5-0
<br />D Construction Security Agreement
<br />D Master form recorded by mm_Lm_mnm_ nnn _ _mmmmmmm_.nnn.m m_m nmmmmm_mmm_mmmnmnmn.mn m m__
<br />J. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~_~m:!-_9_L;!JlJHLmm_nnmm_-nmn_mmn_
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: Steven G Miles and Vernelle J Miles, husband and wife
<br />
<br />1817 N Hancock
<br />Grand Island, NE 68803
<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 />union Bank and Trust Company
<br />PO Box 5166
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<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 performance under this Security Instrument, Truator 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 Seventeen (17), Imperial Village Eighth Subdivision in the City of Grand Island,
<br />Hall County, Nebraska
<br />
<br />The property is located in n _ __
<br />
<br />Hall
<br />- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -.. ~ - ,... .. -
<br />(County)
<br />. __ nnnmmmmn , mmm_mnG~_~~cl., .J:lSI1.Ci:~~_mmmm_m , Nebraska mm_ .68 ~,9}.__.m_m
<br />(City) (ZIP Code)
<br />
<br />m 1817 N Hancock
<br />
<br />(Address)
<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 $ $32,954.00 . 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 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 />Fixed Rate Promisory Note 1158085 dated 02/10/2006 in the amount of $16,477.00
<br />and maturing on 02/10/2011
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Exf}e~ 0 1994 Bankers Systems, Inc" St. Cloud, MN Form RE-DT-NE 1/30/2002
<br />G -C165(NE) 10~,01) VMP MORTGAGE FORMS - (800)521-7291
<br />@
<br />
<br />(page 1bf 4)
<br />dJMJ\.7/1 CptJ
<br />Loan Number 1158085--- ~
<br />
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