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State of Nebraska
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<br />n
<br />CO -
<br />State of Nebraska
<br />Space Above Tbis Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />0 Master form recorded by - -
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is December _03, _2007
<br />and the parties and their addresses are:
<br />TRUSTOR: BILL J BROWN
<br />JANE M BROWN
<br />608 S SYCAMORE ST
<br />CAIRO, NE 68824
<br />n If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend R Baack, Attorney
<br />P. O. Box 790 Grand Island NE 68802-
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Assn of Grand Island
<br />221 South Locust St Grand Island NE 68801 --
<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 THIRTEEN (13), BLOCK ONE (1) , SUMt4ERFIELD ESTATES SEVENTH SUBDIVISION, IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in - - - - - - - - Hall - - - - - - - - - at 3830 MEADOWLARK CIR
<br />(County)
<br />GRAND ISLAND _ - - , Nebraska _..... 68803
<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 $ 125, 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(ies) or other °widence 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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE). (PagB )
<br />�
<br />1994 Wolters Kluwer Financial Services - Bankers SystemsTM Form RE -DT -NE 12/16/2006 1 j i �) ^a . '
<br />VMP®- C1651NE) (0708)
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<br />n
<br />n
<br />C> -
<br />c�
<br />Al
<br />CA
<br />n 1
<br />Space Above Tbis Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />0 Master form recorded by - -
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is December _03, _2007
<br />and the parties and their addresses are:
<br />TRUSTOR: BILL J BROWN
<br />JANE M BROWN
<br />608 S SYCAMORE ST
<br />CAIRO, NE 68824
<br />n If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend R Baack, Attorney
<br />P. O. Box 790 Grand Island NE 68802-
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Assn of Grand Island
<br />221 South Locust St Grand Island NE 68801 --
<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 THIRTEEN (13), BLOCK ONE (1) , SUMt4ERFIELD ESTATES SEVENTH SUBDIVISION, IN THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The property is located in - - - - - - - - Hall - - - - - - - - - at 3830 MEADOWLARK CIR
<br />(County)
<br />GRAND ISLAND _ - - , Nebraska _..... 68803
<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 $ 125, 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(ies) or other °widence 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 />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE). (PagB )
<br />�
<br />1994 Wolters Kluwer Financial Services - Bankers SystemsTM Form RE -DT -NE 12/16/2006 1 j i �) ^a . '
<br />VMP®- C1651NE) (0708)
<br />
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