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<br />State of Nebraska
<br />
<br />Space Above 1'hill Line For Recording Data
<br />
<br />10-Cf53 SfJ9-<)
<br />
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<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by ___ __ ____ __ __ ___ __ _ _ ___ _ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ __ ___ __ __ __ __ __ __ __
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is De_c 04, 2007
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: Larry L Majerus
<br />Linda M Majerus, husband and wife
<br />14030 S 70th Road
<br />Doniphan, NE 68832
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<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />union Bank and Trust Company
<br />PO Box 5166
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />Union Bank and Trust Company-Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<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 />See Attached Exhibit "A"
<br />
<br />The property is located in .
<br />
<br />Hall
<br />- - ------ --- ... -..----.--
<br />(County)
<br />
<br />m 212 Said Street
<br />
<br />(Address)
<br />
<br />Cairo
<br />----.--------- -
<br />(City)
<br />
<br />, Nebraska
<br />
<br />68824
<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 $ $26,000.00 . 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 describ:;:d
<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 />Fixed Rate promisory Note dated 12/04/2007 in the amount of $13,000.00 and
<br />maturing on 06/03/2008 V'LJ Ji. \ d by & Return to: Lk....,e.!
<br />f\u:r2.ft(,") Prepare C ~
<br />... TransContinental Title o.
<br />4033 Tampa Rd Suite 101
<br />Q\dsmar, FL 34677
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Ex/5i;;!ft1: 0 1994 Bankers Systems, Inc_, St. Cloud. MN Form RE-DT-NE 1/30/2002
<br />G -C165(NE) (0301) VMP MORTGAGE FORMS. 1800)621.7291
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<br />
<br />Loan Number 1380905
<br />
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