<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by mmmnmmmnnnm.""" _ mnmmmnmmmmmm_m_mmmHmmmmmn_mmmmnnn __
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~~~_~_t:..PJ...~.R5nmmmmnmmmn.....
<br />and the parties, their addresses and tax identification nwnbers, if required, are as follows:
<br />
<br />1__ 01)
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<br />
<br />TRUSTOR: Donald J Anderson and Brandi J Anderson, as husband and wife
<br />
<br />910 W 16th Street, Grand Island, NE 68801
<br />
<br />D If checked, refer to the attached Addendwn 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 />Parcell: Lot Eleven (11), in Block One (1) in Knickrehm Fifth Addition to the City
<br />of Grand Island, Hall County, Nebraska. Parcel 2: Fractional Lot Nine (9), in
<br />Fractional Block Three (3), Gilbert's Second Addition, to the City of Grand Island,
<br />Hall County, Nebraska.
<br />
<br />The property is located in __.._mmm_m_mmmmm_~~~~mmmmmmmnnnm_m_ at .:J,.J.~_J:L_.~.~~~_J~~;'~_~_t:n~nn!Lm
<br />(County)
<br />W., .:!._~.t:~H~~~~~~_ _ _ _m'm_n nnnnnmmmmmn , _mmmmn~;'~~4n~_l)I.~~~~............ ..... , Nebraska mmm_~_Iil_~9Jmmm_
<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 shall
<br />not exceed $ $145,000.00 . 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 August 13, 2007 in the amount of $145,000.00 and
<br />maturing on February 17, 2008 for borrowers Donald J. Anderson and Brandi J.
<br />Anderson.
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Inc., St. Cloud, MN Fo,m RE-OT-NE 1/30/2002
<br />_ -C165INEI (0301) VMP MORTGAGE FORMS - (800)521-7291
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<br />Loan Number 1342370
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