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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />n Construction Security Agreement
<br />D Master form recorded by __ __ __ __ __ __ __ __ , __ __ ' ,__ __ __ __ __ ___ ___ __ __ __ __ __ __ __ __' __ __ __ __ __ __ __ __ __ ___ __ __ __ __ __ __ __ ___, __ __ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~,r,ch__2!l.,---?99_~_______________________,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR: Noah D. Bell, a single person
<br />
<br />3532 Graham Avenue
<br />Grand Island, NE 68803
<br />
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<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />Union Bank and Trust Company
<br />4243 pioneer Woods Drive Lincoln NE 68506-
<br />
<br />BENEFICIARY:
<br />union Bank and Trust Company
<br />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 />Lot 4, Block 1, Fireside Estates 2nd Subdivision, Hall County, Nebraska.
<br />
<br />The property is located in
<br />
<br />Hall
<br />----------------------. . --------------------------------...
<br />(County)
<br />
<br />at ~_~_~_~___~z:iiham~:vt;!__ __ _ ____ _____ __ __ __ ____
<br />
<br />(Address)
<br />
<br />__ _____________~~~~_<;i, __I,sliiI'!4_________________ , Nebraska
<br />(City)
<br />
<br />68803
<br />-------------------------
<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 $ ~!_~!ooo.oQ_ . 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 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 />A Promissory Note dated March 28, 2008 In the amount of $170,000.00 and maturing on June 28,
<br />2008 for borrower Noah D. Bell
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE.OT-NE 1/30/2002 Note Dated March 28, 2008
<br />cD -C165(NE) (030tl VMP MORTGAGE FORMS -(8001521-7291 Loan Number 08-03-000220
<br /><!>
<br />
<br />(page 1 of 4)
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