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<br />Space Above ThIs Line For Recording Data
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<br />D Construction Security Agreement ~. ~
<br />D Master fonn recorded by __ __ _ __ __ __ _ ~ ~ _ _ _ __ _ __ _ _ _ _ _ __ __ __ _ __ __ _ ~ _ _ _ _ _ _ _ _ __ __ __ _ _ __ __ _ __ _ __
<br />1. DATE AND PAv.TIES. The date of this Deed of Trust (Security Instrument) is l'P~j..)._ _2_3_,_ _~Q.Q.~ _ _ _ _ __. .... .._ _ _ __
<br />and the parties and their addresses are:
<br />
<br />DEED OF TRUST
<br />
<br />TRUSTOR: MICHAEL OWEN WOODEN
<br />SONYA KAY WOODEN, HUSBAND AND WIFE
<br />2424 W CHARLES
<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
<br />Grand Island, NE 68802
<br />
<br />BENEFICIARY:
<br />
<br />Home FedaralSavings and Loan Association of Grand Island
<br />221 South Locust Street Grand Island, NE 68801
<br />
<br />Organized and Existing Under the Laws of The State of Nebraska
<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 perfonnance 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 EIGHT (8), BLOCK EIGHTY THREE (83), IN THE ORIGINAL TOWN, NOW CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ J!~~A _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ at ?.9~~ ~_ J_S_~ _~~~~~ _ _ _ _ _ _ _ _ _ __
<br />(County)
<br />_ __ __ __ __ __ _ __ __ _ __ __ __ __ __ __ __ __ _ , __ __ __ __q~ _~~~ __ __ _ _ _. __ , Nebraska __ _ _ _ ~~~9;!'_ _. __ ..
<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 shall
<br />not exceed $ _1? 9-,_ ? ~ _6_ -_ ~ 9 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ .' 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 />A Promissory Note dated 04/23/2008
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USEI
<br />o 1994 Wolters Kluwer Financial Services - Bankers Systems1U Form RE-DT-NE 12/15/2008
<br />VMP@-C165INE) (070BI
<br />
<br />(page 1 of 4)
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