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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />D Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust is Aug24 ,200f5
<br />are as follows: SCOTT C. LANE and CINDRA K. LANE, HUSBAND AND WIFE
<br />TRUSTOR:
<br />
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />Loan No. 0150246875
<br />
<br />-=b.. So
<br />
<br />and the parties and their addresses
<br />
<br />805 EAST SUNSET
<br />Grand Island, NE 68801
<br />
<br />TRUSTEE:
<br />
<br />D Refer to the Addendum which is attached and incorporated herein for additional Trustors.
<br />TierOne Bank
<br />
<br />1235 'N' St / P.O. Box 83009
<br />Lincoln, NE 68501
<br />BENEFICIARY: TierOne Bank
<br />
<br />1235 'N' St / PO Box 83009 LINCOLN, NE 68501
<br />
<br />Organized and Existing Under the Laws of the United States of America
<br />2. CONVEYANCE. For good and valuable consideration, thc receipt and sufficiency of which is acknowledged, and to secure
<br />the Secured Debt (hereafter defined), Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of the
<br />Beneficiary, with power of sale, the following described property:
<br />LOT TWENTY (20) IN BLOCK THREE (3) IN SOUTHERN ACRES ADDITION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in __ ___ ________ _________ __ __ __ __H_a.P,,- _ ___________ ___ _______ __ _ ____ _ at ~_!?_2_9___,:,,__ _~~~~ __ C;:~_~J_C_~~~~__ _ _________ _ _____
<br />(County)
<br />__ _ _ _ _ _ _ _ _ __ _ _ _ ___ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ___ _ ____ _ _ __ _ _ _ __ _ _ _ __ _ _ _ _____ _ , ___ _____________ _ _ _ _ _ qJ:';!'119__J_~_~a.~4_______ _______________
<br /> , Nebraska _ _ _ _____~_~_~_9J_ _______
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, crops, timber, all diversion
<br />payments or third party payments made to crop producers, and all existing and future improvements, structures, fixtures,
<br />and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as
<br />"Property"). The term Property also includes, but is not limited to, any and all water wells, water, ditches, reservoirs,
<br />reservoir sites and dams located on the real estate and all riparian and water rights associated with the Property, however
<br />established.
<br />3. MAXIMUM OBLIGA nON LIMIT. The total principal amount of the Secured Debt (hereafter defined) secured by this
<br />Deed of Trust at anyone time shall not exceed $ ~~_~_,-9_9_9__._9.()_________________ . This limitation of amount docs not include
<br />interest, loan charges, commitment fees, brokerage commissions, attorneys' fees and other charges validly made pursuant to
<br />this Deed of Trust and does not apply to advances (or interest accrued on such advances) made under the terms of this Deed
<br />of Trust to protect Beneficiary security and to perform any of the covenants contained in this Deed of Trust. Future advances
<br />are contemplated and, along with other future obligations, arc secured by this Deed of Trust even though all or part may not
<br />yet be advanced. Nothing in this Deed of Trust, however, shall constitute a commitment to make additional or future loans
<br />or advances in any amount. Any such commitment would need to be agreed to in a separate writing.
<br />4. SECURED DEBT DEFINED. The term "Secured Debt" includes, but is not limited to, the following:
<br />A. The promissory note(s), contract(s), guaranty(s) or other evidence of debt described below and all extensions,
<br />renewals, modifications or substitutions (Evidence of Debt). (When referencing the debts be/ow it is suggested that
<br />you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 08/24/2006 in the original principal sum of $126,000.00
<br />
<br />NEBRASKA - AGRICULTURAlJCOMMERCIAL DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE. AND NOT FOR CONSUMER PUWOSES)
<br />
<br />~ril:01993 Bankers Systems, lno., SI. Cloud, MN Form AGlCO-DT.NE 1/30/2002
<br />_-C164( NE) (0307) VMP Mortgage Solutions (800)521.7291
<br />@
<br />
<br />C-06-08-018534
<br />SL ~
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