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<br />--'.-.,-..-" State of Nebraska Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause) ,.;; 6 :;-0
<br />D Construction Security Agreement I
<br />o Master form recorded by 0 m__ --. mm _ _. __ __ m n _ m m _. .m__n mm_ __ _ m__m m__m O. mm_.. 0 __ m __ Om m. U m __.. m __ __... mm _ m m _, .
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is .'!:t:lJ,.-~-~-{.__~!U!~___________m"____________m
<br />and the parties, their addresses and tax identification numbers, jf required, are a~ foUQ)~~s;____ ..
<br />
<br />TRUSTOR: Larry Bolles, a single person, aka Larry J Bolles, a single person, aka Larry Jerome
<br />Bolles, a sIngle person and Janie Lea Penning I a single person
<br />
<br />916 South Greenwich, 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 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 sells to Trustee, in truSt for the benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />Lot 4, in Block 1, in Sothman's Subdivision to the City of Grand Island, Hall
<br />
<br />County, Nebraska
<br />
<br />The property is located in mm_.'- mm__. __mm____m_~~:q,m___ .mm__' __mm_.. m__m at -~-~-~...I?m~;:~~~~i_~Em$_t_mm__
<br />(County)
<br />----...... - - - - - - -.... - ----- - - - - - - -- - -. ... - ------- - -, - - - - -- - -.. - - ------- -. , -- - -. - - ------... ~_:r;_~~_d___~_~~~~~____ _. ________ _... , Nebraska
<br /> _. ________~o 8_ !3.9.;I, _. ______ __
<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 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 $ $130,170.00 . 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 />Sl;curity Instrument. _ .
<br />4. SECURED DEBT AND FUTURE AnV ANCES. 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 1213115 dated 07/24/06 in the amount of $65,085.00
<br />and maturing on 07/20/11
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Inc.. St, Cloud, MN Form RE.DT.NE 113012002
<br />.. -C165(NE) (0301) VMP MORTGAGE FORMS. (800)521.7291
<br />@
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<br />~t!1 0(4)
<br />
<br />Loan Number ~[
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