<br />200802761
<br />
<br />Space Above This Line 1<'01' Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />o Master form recorded by.............................
<br />1. DATE ANDPAR'l'IES.Thedllte6f this Deed uf Trust (Security Instrumcnt) is .................. P.~.?t!.~.QQ$. . .. . . . . . . . . . . .. . .
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />Stale of Nebraska
<br />
<br />TRUSTOR:
<br />
<br />DAVID S. MASEK AND BRENDA MASEK, HUSBAND AND WIFE, AS JT DEBTORS
<br />HC 76, PO BOX 44
<br />PURDUM, NE 69157
<br />
<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />FIRST NATIONAL BANK NORTHEAST
<br />PO BOX 9, 440 MAIN ST.
<br />LYONS, NE 68038
<br />
<br />DENEFICIARY:
<br />
<br />FIRST NATIONAL BANK NORTHEAST. CERESCO
<br />ORGANIZED AND EXISTING UNDER THE LAWS OF THE UNITED STATES OF AMERICA
<br />362 COUNTY ROAD 18, PO BOX 28
<br />eERESCO,NE68lJW
<br />
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Deneficiary, with power of sale, the following described
<br />property: LOTS 3 AND 4, DICKEY SIXTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in ............................... HALL. . .. .. .. . .. . .. .. . .. . .. .. .. .. .... at 7~~~ .~.~9~~ rAT~!~K. 9.1: .. .. .. .. .. .. .. .. .. .. .
<br />(Cowuy)
<br />
<br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., .................. .GMND.ISLAND . . . . . . . . . . . . . . .
<br /> . . ., Nebraska ...,.... ,QG$P.1. . . . . . . . .
<br />(Address) (City) (ZIP Code)
<br />
<br />Together with all rights, casements, appurtenances, royalties, mineral rights, oil and gas rights, all watcr and riparian
<br />rights, ditches, and watcr 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 ahove (all referred to as "Propcrty").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ 3P.Q.P.QQ,QO.............................,.......,., . This limitation of amount docs not include interest and other fees
<br />an9 charges validly made pursuant to this Security Instrument. Also, this limitation docs not apply to advances made under
<br />the tenus of this Security Instrument to protect Beneficiary's security and 10 perform any of the covenants contained in this
<br />Security I nstrUll1ent.
<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), guaranly(s) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or suhstitutions. (When rejerencing the debts below it is
<br />suggested that you include items such as borrowers' names, note amoums, imerest rates, maturity dates, etc.)
<br />NOTE DATED 03.26.08 IN THE AMOUNT OF $210,136.50 AND ANY NOTE CITING THIS DEED OF TRUST HEREAFTER.
<br />
<br />NEBRASKA. DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br />Ex{58?1ol.M @1994SankorsSystoms.lne..St. Cloud. MN Form RE DT NE 1/30/2002
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