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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />D Master form recorded by _' _ _ _ _ _ .
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is O_~I.~l/~_QQ~.
<br />and the parties and their addresses are:
<br />
<br />TRUSTOR: ROBERT F COLGAN AND VIANNE J COLGAN: HUSBAND AND WIFE
<br />
<br />2319 INDEPENDENCE AVE 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: 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 2~~~_~~~~~~~9E~YF;--
<br />
<br />Hall
<br />-------- .----------.- --------
<br />(County)
<br />..________, .________Gl~ANJL!~~ ______
<br />(City)
<br />
<br />, Nebraska. _ _ _ J?~~03 _ _ _ _ _
<br />(ZIP Code)
<br />
<br />(Address)
<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 $ ]_,_~~~.! PO. _ _ _ _ _ _ _ _ _ ." _ _ _ _ _ _ _ _ . 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 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 />Promissory Note # 304745 dated 03/21/2008 in the amount of $7,668.00 maturing
<br />on 03/28/2011
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />o 1994 Wolter. Kluwer FlnenClel Service. - B.nker. Sy.tem.TIA Form RE.OT-NE 12/15/2006
<br />VMP@.C166(NE) (0708)
<br />
<br />805-LK-GJA
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