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<br />
<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />\;
<br />~
<br />
<br />- --------------\,
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by ___________________________________ __________ _
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 30, 2007
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />1.
<br />
<br />TRUSTOR: Steven P. Beck and Maria D. Beck, as husband and wife
<br />
<br />2066 Vavrina Lane, Lincoln, NE 68512
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />union Bank & Trust Company
<br />4243 pioneer Woods Drive
<br />Lincoln, NE 68501
<br />
<br />BENEFICIARY:
<br />
<br />union Bank and Trust Company
<br />3643 South 48th Street, PO Box 82535 Lincoln, NE 68501-2535
<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 Twenty Four (24), Jeffrey Oaks Sixth Subdivision in the City of Grand Island,
<br />Hall County, Nebraska.
<br />
<br />The property is located in __________________________________~~g__________________________________ at 2123 Mac:t:t:>~__~_t_:r;_~_~_~__________________
<br />(County)
<br />
<br />(Addr~ss)
<br />
<br />_ Gralld__ .I_ s)._ ~~~ ___ __ ___ __ __ __ ___ , Nebraska ___ __ __ ___ ~_ ~ 8 9 3
<br />(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, tixtures, 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 $ $174,000.00 . 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. 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 />A Promissory Note dated May 30, 2007 in the amount of $174,000.00 and maturing
<br />on September 2, 2007 for borrowers Steven P Beck and Maria D Beck
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Exj5e?~ 0 1994 Bankers Systems, Inc_, SI. Cleud, MN Form RE.DT.NE 1/30/2002
<br />.. -C16 S(NE) (0301) VMP MORTGAGE FORMS _ (800)521.7291
<br />@
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<br />(page 1 of 4)
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<br />Loan Number 1320570
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