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<br />REAL EST A TE DEED OFS;;~~; This L\ineA\;eC~d~g~aS5
<br />
<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 g2/:LU_~Q98 - n n n_ n - n_
<br />and the parties, their addresses and tax: identification numbers, if required, are as follows:
<br />
<br />State of Nebraska
<br />
<br />.:? 6~ 5 ()
<br />v'
<br />
<br />TRUSTOR: MICHAEL K EGBERT AND DEETT A D LARSEN-EGBERT: HUSBAND AND WIFE
<br />
<br />1431 N HOWARD PLACE GRAND ISLAND, NE 68803
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: UNION BANK AND TRUST COMPANY
<br />
<br />3643 SOUTH 48TH STREET PO BOX 82535 LINCOLN, NE 68501-2535
<br />
<br />BENEFICIARY:
<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 />See Attached Exhibit A
<br />
<br />The property is located in
<br />
<br />. at J._4_~~ _ ~_ J!QWARD ~~~ _ _ _ _ _ __
<br />
<br />. FI~~-! n n n n n n n __
<br />(County)
<br />n _ n _ n n _ n _ n n _ _ n n _ n , n n _ n nG~ I$~ n _ n n n , Nebraska _ n n6J!~9;3_ --
<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
<br />shall not exceed $ _~Q 1 99_Q '- Q9 _ ___ _ _ _ . This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this Security Instrument.
<br />
<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 evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />Promissory Note # 294394 dated 02/11/2008 in the amount of $50,000.00
<br />maturing on 02/11/2018
<br />
<br />805-LK-GJA
<br />NEBRASKA - HOM E EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNM A, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bank." Sy".ma, Ino.. Sl. Cloud, M N Form OCP-REDT-NE 1/31/2003
<br />CIIl-C485(NE) (0401) VM P Morlgag. Solutiono (800)521-7291
<br />
<br />294394
<br />/)4 Q. (page 10ft
<br />/LL:.L r D J
<br />
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