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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />[i] Construction Security Agreement
<br />D Master form recorded hy __ ___ _ _ __ __ __ __ __ __ __ __ __ _ __ __ __ __ __ ___
<br />I. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is SepteIllb_e.r_ J!t?,_ _~QQ'Z ~ ~ ~ ~ ~ ~ ~ ~ ~ - --
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: ---
<br />
<br />TRUSTOR: LARSON CONSTRUCTION, INC.
<br />
<br />505 LINDEN AVE
<br />GRAND ISLAND, NE 68801
<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 />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<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 NINETEEN (19), IN WESTWOOD PARK SEVENTH SUBDIVISION TO THE CITY OF GRAND ISLAND,
<br />HALL COUNTY, NEBRASKA
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Hall __ .... _ _ _ _ _ _ _ _ _ _ _ _
<br />(County)
<br />__ __ __ __ __ ____ __ __ __ __ __ __ __ __ __ _ ,__ __ __ __G~l!I!(:L!~!~nd
<br />(Address) (City)
<br />
<br />at 40,3,3_ _Sl\RD]~A~QQQ J~~!VE
<br />
<br />__ __ __ _ , Nebraska
<br />
<br />__t:iI;lI;lQJ_____
<br />(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 $ ~!J9J_0_0_O .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 09/06/2007
<br />
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USEI
<br />~ 01994 aankers Systems, Ino" St. Cloud, MN Form RE-OT-NE 1/30/2002
<br />. -C165(NE) 103011 VMP MORTGAGE FORMS - 18001521.7291
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