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<br />N <br />S <br />S <br />co <br />S <br />+::0 <br />W <br />tT1 <br />(j) <br /> <br />............---.-.-. <br /> <br />t~~.~ <br />t~r <br />~ ~ ~ '. <br />~~ ~. <br />~ ....[) <br />~ <br />~ ~ <br />l7\. <br />~ <br />~ State or Nebraska <br />~ <br />~ <br /> <br /> <br />DEED OF TRUST <br />(With Future Advance Clause) <br />D Construction Security Agreement <br />D Master form recorded by __ ___ _ _ __ .. _ _ , . .. . __ ___ __ __ __ __ _ __ _ __ _ __ _ __ __ _ __ __ _. __ __ __ __ __ __ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~~y_ J_4_,_ --,~_o.Q8_ __ _ __ __ _ _ _ __ _ _ _ _ _ _ <br />and the parties and their addresses are: <br /> <br />TRUSTOR: ERIC A. BENSON <br />JEANETTE L. BENSON, HUSBAND AND WIFE <br />2727 W. HIGHWAY 34 <br />GRAND ISLAND, NE 68801 <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 Federal Savings 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 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 />(Address) <br /> <br />._ _ _ _ Jta_lA _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ at ?]?J_W.. _HIG~~~ _~4 _ _ _ _ _ _ _ __ <br />(County) <br />___ __ __ , __ _ __ __ _ Gl~~!~IL ~ ~~ _ __ __ __ __ , Nebraska <br />(City) <br /> <br />68801 <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 O~LlGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall <br />not exceed $ J.~9J9_6_6_._5_0_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _' 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 AnV ANCES. 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 05/14/2008 <br /> <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHlMC, FHA OR VA USE) <br />o 1994 Wolters Kluwer Financ;al Services. Bankers SystemsTIA Form RE-DT-NE t 2/15/2008 <br />VMP@-C165(NEI (0708) <br /> <br />(page 1 of 4) <br /> <br />d' <br />