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<br />200606643
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<br />State of Nebraska
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<br />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 />D Master form recorded by __m__m_._m_nn_.m.m__ m n n -
<br />1. DATE AND PARTIES. The date of this Deed ofTru~t (se~~ity-i~~tr~n;~;;t)-i~-J;;'io-i4~-n2006mnn..n...n..n..m--m-m---
<br />and the parties, their addresses and tax identification numbers, if required, are as_i~ii~~~:m-m..m-m-.m-mnm-.m--m"m--m.
<br />
<br />TRUSTOR: I . Raymond C Engel, Trustee of the Raymond C Engel Revocable Trust dated
<br />. 1\pnl 26, 1999 and. Raymond C Engel, Successor Trustee of the Mildred LEngel
<br />Re7vo1cable Trust dated April 26, 1999
<br />3.3 S ~Oth Road
<br />Wood River, NE 68883
<br />
<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments-
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<br />TRUSTEE:
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<br />Union Bank and Trust Company
<br />PO Box 5166
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
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<br />Union Bank and Trust Company-Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
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<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 />The Northeast Quarter (NEl/4) of Section Ten (10), Townhsip Nine (9) North, Range
<br />Nine (9) West of the 6th P.M., Hall County, Nebraska, excepting a certain tract more
<br />particularly described as Lot One (1) M L Harris Subdivision, Hall County, Nebraska
<br />recorded as Document No. 200602208 AND Lot One (1), M L Harris Subdivision, Hall
<br />County, Nebraska
<br />
<br />The property is located in _m.m.m. m_m_ _mon_m__>>.~g__m..n.n..m.n..n_n_ m_m at ~_~_~n_~n_q~~~~!!!~--~9@n-mom.m.n.
<br />(County)
<br />_ _ m_ n __ n _. _ _ _ _ _ _ _. m _.n_ on_ _ _n_nn.. n _. n_' _ _ _ _n_ 0 _ n' n_O , _ n_n__ .n_. _ n on:I?g_IlJP-~~~n on_ on' n"___ on_ , Nebraska -. n ..on - -~- ~- ~- ~_7... n. -
<br /> n -.-
<br />(Address) (City) (ZIP Code)
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<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 ohhe real estate described above (all referred to as "Property").
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<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ $330,000.00 . 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 />LOC Note 1209765 dated 07/24/06 in the amount of $165,000.00 and maturing on
<br />07/01/2007
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<br />NEBRASKA _ DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Inc.. SI. Cloud. MN Form RE-DT-NE 1/30/2002
<br />48 .C16 5(NE) (0301) VMP MORTGAGE FORMS. (800)521-7291
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<br />Loan NUmber~5 ,-
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