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<br />State or Nebraska
<br />
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<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 by _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ .. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is f~F}131_::EY _2_~,_ _~QQ8. _ _ _ _ .. __ _ _ _ _ __
<br />and the parties and their addresses are:
<br />
<br />TRUSTOR:JMH DEVELOPMENT, LLC
<br />
<br />4665 W CAPITAL AVE
<br />Grand Island, NE 68803
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />Arend R Baack, Attorney
<br />P. O. Box 790 Grand Island NE 68802-
<br />
<br />BENEFICIARY:
<br />
<br />Home Federal Savings and Loan Assn of Grand Island
<br />221 South Locust St Grand Island NE 68801-
<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 />
<br />property:
<br />Lot Twenty-Five (25), Indianhead Seventh Subdivision in the City of Grand Island,
<br />
<br />Hall County, Nebraska.
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ltaAl_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ at ~J~~_ ~_I_S_Ql! J~'~. _ _ _ _ _ _ _ _ _ _ _ _ __
<br />(County)
<br />_ _ _ _ _ _ _ _ _ u _ _ _ _ _ _ _ _ _ _ _ _ _... _ _ _ _ _ _ _ _ _ , _ _ _ _ _ _ _ J~~ _~~~_ _ _ _ _ _ _ _ _ , Nebraska_ _ _ _ _ ~8.8.Q~_ _ _ __
<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. MAXIl\RJM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ ~~.9J_O_O_O_._O_O_ _ ~ _ _ _ _ _ _ _ _ ~ _ _ _ ~ _ _ _ _ ~. 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 FUTI1RE 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 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 />
<br />(page 1 of 4)
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USEI
<br />o 1994 Wolters Kluwer Financial Services - Bankers Systems 1M Form FlE.DT.NE 12/15/2006
<br />VMP@-C165(NE) (070BI
<br />
<br />... i' ~.' .;, ., ~,.. f..J
<br />.....\ '. ,I', ',~ '. f " . r.
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