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<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D D Construction Security Agreement
<br />Master form recorded by _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Sec~tY-Instrument) is ~p.~: J.:7:,: :2:~~~::::: - - - - - - - - --
<br />and the parties and their addresses are: - - - - - - - - - - - -
<br />
<br />TRUSTOR: Real Estate Group of Grand Island, Inc.
<br />
<br />1824 W 2nd Street
<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 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 />FRACTIONAL LOT FIVE (5), IN FRACTIONAL BLOCK FOURTEEN (14), IN KERNOHAN & DECKER'S
<br />ADDITION AND ITS COMPLEMENT TO WIT: FRACTIONAL LOT FIVE (5), IN FRACTIONAL BLOCK
<br />FIFTY ONE (51) IN PACKER AND BARR'S SECOND ADDITION, BOTH BEING ADDITIONS TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA EXCLUDING A TRACT OF LAND MORE
<br />PARTICULARLY DESCRIBED IN WARRANTY DEED CORPORATION RECORDED AS DOCUMENT NO.
<br />200607309.
<br />
<br />The property is located in _ _ _ _ _ _" .
<br />
<br />Hall
<br />-~-----------------_.-
<br />(County)
<br />
<br />at l~,?~_ ~ _2}'!.c! _~~~~~~ _ .
<br />
<br />_ _ _ _ _ ~ ~" 'W _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. _., .. _ _ _ _ _ _ _ _ _ , _ _ _ _ w.
<br />
<br />(Address)
<br />
<br />__. ~G:r;:~:t!t;L!~!~!1c;l_ _ H __ __ __ ,Nebraska __ __ ~~~QJ __ ___
<br />(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 $ 107,608.92_ _ _ _ _ _ _ _. _ . This limitation of amount does not include interest and other fees
<br />and charges ~alfdly ;;ad~ p~rsuant- 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 06/27/2008
<br />
<br />(page 1 of 4)
<br />
<br />NEBRASKA" DEED OF TRUST (NOT FOR FNMA, FHlMC, FHA OR VA USE)
<br />o 1994 Wolters Kluwar Financial Services - Bankers Systems™ Form RE-DT-NE 12/15/200B
<br />VMP@-C165(NE) (070BI
<br />
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