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<br />(With Future Advance Clause)
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<br />D Master form recorded by ___ _______ _ __ ___ __________ ________________ H' _ ____________________ _ __ _________________._________________. . -----C. ~.:J
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~_~X_9_h__J.,?_L~~~.L_...._________________ '---.-
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
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<br />200702016
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<br />State of Nebraska
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<br />Space Above This Line For Recording Data
<br />
<br />1.
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<br />TRUSTOR: Terry Holcomb & Stephanie Holcomb, husband and wife
<br />
<br />4040 Norseman Road, Grand Island, NE 68803
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<br />D I f 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 Thirty-Seven 37, in Jeffrey Oaks Third Subdivision in the City of Grand Island,
<br />
<br />Hall County, Nebraska
<br />
<br />The property is located in _
<br />
<br />__~~g___________ . _ _________________ at ~_Q_1:_Q__.~~~~~~~__~y_~________.._________
<br />(County)
<br />- , __ _ _______g.J;"_~~_c;1, _J.~.la,~~_________________ , Nebraska __________~_~_~9.~__._ H"_
<br />(City) (ZIP Code)
<br />
<br />(Address)
<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. MAXIMtJM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ $180,000.00 . 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. SECtJRED 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 be/ow it is
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, ete.)
<br />Fixed Rate Promissory Note 1262890 in the amount of $300,000.00 and maturing
<br />on 06/16/2007
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA ORVA USE)
<br />E~ 01994 Banko" Systams, Inc., SI. Cloud, MN Form RE-DT-NE 1/30/2002
<br />G .C16 5(NE) (0301) VMP MORTGAGE FORMS _ (800)521-7291
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<br />Loan NU(762890
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