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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by _m_mmm._ n.." mmmmmmm"..""" "m mmmmm__'__. ___..._ _ _m__m_mmm'..." _ _ _ __ __ __mmm_ _ _""" _ __
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~:',lgm9_~_L~9JHL...__mmmmmm_m___m__
<br />and the parties, their addresses and tax identification numbers, ifrequired, are as follows:
<br />
<br />1.
<br />
<br />TRUSTOR: Charles Joseph & LeeAnn Joseph. Husband and wife
<br />
<br />707 West 10th St, 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 />
<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 Two (2), in Block Five (5), in H. G. Clark's Addition to the City of Grand
<br />
<br />Island, Hall County, Nebraska.
<br />
<br />The property is located in ...... __ m __ m_ mmmmm_'_~~g'm U" m_ mm__ mmmmm_ at 1_q_?mW:~~. L;1,~ ~~ml?_t._ mmmmm m...
<br />(County)
<br />mmmm__'m m__._ ""_._ ____m___m__ _mmmmmmm , m__m."''' _ _,,~~_~fI._l;1,__~_~_~~!!~mmmmm__ , Nebraska m__~_~_~_9_~:-_1Q~ ~"m_
<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 $ $178,266.00 , 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 08/09/2006 in the amount of $89,133.00 and
<br />maturing on February 14, 2007
<br />
<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 1/3012002
<br />.. .C165(NE) (0301) VMP MORTGAGE FORMS - (800)521.7291
<br />@
<br />
<br />~(P~
<br />
<br />Loan Number (j1285 (j ~
<br />
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