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<br />REAL ESTATE DEED OF TRUST Z/"oo
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by ,_ __ mmmmmmmm__mm_ _ _. __. _ _ __ _ mm_mmmmm_mmm_m_m_m." _ .umm_mmmmmm__ _. _ __
<br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is _~~y__~1_c..:?_Q_Q_?mm__m____m__m__mm_
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: Khiet Hoa Phan and Dung Ngoc Ngo, husband and wife
<br />
<br />172 7 N CUSTER
<br />Grand Island, NE 68803
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Union Bank and Trust Company
<br />PO Box 5166
<br />Grand Island, NE 68802
<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 />The South Thirty-Five Feet (35') of Lot Four (4), and the North Twenty Feet (20')
<br />of Lot six (6), Block Twenty (20), Scarff's Addition to West Lawn, To the city of
<br />Grand Island, Hall County, Nebraska.
<br />
<br />The property is located in
<br />
<br />at J_?_:?.?. _ _~_ g~fj~~~mmmmmmmm__
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<br />(County)
<br />mmmmmmm_mm_______ mm.__ _ _." _ __ _ m mmm' mm_mm__~_:r;_~~_c;i.__~_ ~J~~q. ___. U mm __ __ , Nebraska mm__l?_~_ ~_ 9, ~ _ __ __ 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
<br />shall not exceed $S1Z4.0llil,QO . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of sllchdebt(s).)
<br />HELOC note dated OS/24/2007 in the amount of $87,000.00 and maturing on
<br />OS/24/2012
<br />
<br />NEBRASKA. HOM E EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />~ (0 1994 Bankers Systems. Ine" SL Cloud, MN Form OCP-REDT-NE 1/31/2003
<br />. -C465(NE) (0401) VMP Mortgage Solutions (800)521-7291
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<br />Loan Number 1299550
<br />
<br />1299550
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