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<br />Space Above This Line For Recording Dat<f
<br />
<br />State of Nebraska
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
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<br />D Master form recorded by ,,_p_ _p_ _m_ m'm. __mm.m.__ _ 'mmmm'm__mm_mmmmmmmmmmmm__mmmm_m__
<br />DAT~ AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar. 09.,_ _~9.Q~
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: Larry J Holder and Betty R Sandoe, each a single person
<br />
<br />515 W 16th St
<br />Grand Island, NE 68801-3511
<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 />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, Trustor irrevocably
<br />grants, conveys and sclls to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />Lot Four (4), in Block Three (3), in Park Place Addition to the City of Grand
<br />Island, Hall County, Nebraska
<br />
<br />(Address)
<br />
<br />Grand Island
<br />---------------------------------------------------------
<br />(City)
<br />
<br />, Nebraska
<br />
<br />The property is located in mmmmmmmmmmm__l:I.~gmmmm_mmm__mm__m at _~_~_~mw._J.,~_~h__~.1;.mmmmmmmmm_
<br />(County)
<br />
<br />68801-3511
<br />------------------------------
<br />(ZIP Code)
<br />
<br />Together with aIJ 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 $ $21,782.00 . 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 Promissory Note dated 03/09/2006 in the amount of $10,891.00 and
<br />maturing on 03/14/2011
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FORFNMA, FHLMC, FHA ORVA USE)
<br />E'x/5E!~ 0 1994 Bankers Systems, Ine.. St. Cloud, MN Form RE.DT.NE 1/30/2002
<br />.. -C165(NE) (0301) VMP MORTGAGE FORMS - (800)52H291
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