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<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />EJ Construction Security Agreement
<br />0 Master form recorded by - - - - -- ----- - - - - -- ----- - - - - -- -- - - - - -- ------ - - - - -- - - - -- - - - --
<br />1. DATE AND PARTIES. The date of this Deed of Trust (9a Iristrtirncnt) is� g© 2-907 .,,
<br />3' � --,- -
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Leon E Cederlind and Enid R. Cederlind, Husband and Wife
<br />4706 Gunbarrel Pl, Grand Island, NE 68801
<br />50
<br />❑ 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 />3643 So 48th St, PO Box 82535
<br />Lincoln, NE 68501 -2535
<br />BENEFICIARY:
<br />Union Bank and Trust Company
<br />3643 South 48th Street, PO Box 82535 Lincoln, NE 68501 -2535
<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 />See Exhibit A
<br />The property is located in hall at 4706 Gunbarrel Pl
<br />(County)
<br />- -- - --
<br />' Grand Island , Nebraska --- - - - -__ 68801
<br />(Address) (City) (ZIP Code)
<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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ $50,000.00 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 j4stniment to p rotect 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 />Promissory Note #1331440 dated 07/20/2007 in the amount of $25,000.00 maturing
<br />08/15/2012.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) n D (page 11 f 4)
<br />Ej � Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -PT -NE 1/3012002 YLL (( JJ
<br />- C165(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 Loan Number 1331440
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<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />EJ Construction Security Agreement
<br />0 Master form recorded by - - - - -- ----- - - - - -- ----- - - - - -- -- - - - - -- ------ - - - - -- - - - -- - - - --
<br />1. DATE AND PARTIES. The date of this Deed of Trust (9a Iristrtirncnt) is� g© 2-907 .,,
<br />3' � --,- -
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Leon E Cederlind and Enid R. Cederlind, Husband and Wife
<br />4706 Gunbarrel Pl, Grand Island, NE 68801
<br />50
<br />❑ 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 />3643 So 48th St, PO Box 82535
<br />Lincoln, NE 68501 -2535
<br />BENEFICIARY:
<br />Union Bank and Trust Company
<br />3643 South 48th Street, PO Box 82535 Lincoln, NE 68501 -2535
<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 />See Exhibit A
<br />The property is located in hall at 4706 Gunbarrel Pl
<br />(County)
<br />- -- - --
<br />' Grand Island , Nebraska --- - - - -__ 68801
<br />(Address) (City) (ZIP Code)
<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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ $50,000.00 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 j4stniment to p rotect 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 />Promissory Note #1331440 dated 07/20/2007 in the amount of $25,000.00 maturing
<br />08/15/2012.
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) n D (page 11 f 4)
<br />Ej � Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -PT -NE 1/3012002 YLL (( JJ
<br />- C165(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 Loan Number 1331440
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