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<br />Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />
<br />3/, So
<br />
<br />3, '5 'd-O'1 (p ~
<br />
<br />D Master form recorded by _ __ _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ .. _ _ _ _ _ _ _ __ _
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 9_5/~ ~ 1200~ _ _ _ _ _ _ _ _. ...
<br />and the parties and their addresses are:
<br />
<br />TRUSTOR: DAVID A LUTON AND GAYLE K LUTON, AS HUSBAND AND WIFE
<br />aka Gayle Keller
<br />
<br />904 N ADAMS 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: 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. CONVEY ANCE. 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 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _1:i~~_1. _ _ _ _ ..
<br />(County)
<br />
<br />at ~_OA _ ~_ AA~_
<br />
<br />(Address)
<br />
<br />GRANt>. _ ~$~ __ _ __ __ __ _ , Nebraska
<br />(City)
<br />
<br />68801
<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 $ ~-,_J, fi8.. 9Q _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _' 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 # 316230 dated 05/19/2008 in the amount of $6,168.00 maturing
<br />on 05/15/2012
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />01994 Wolte.. Kluwer Financial Sorvlcoo. Bankoro Systoms'" Form RE-DT.NE 12/15/2008
<br />VM P@.C18S(NE) (0708)
<br />
<br />805/LKlHNH
<br />
<br />l)(J ,)page 1 of 4)
<br />~ -..vt1./
<br />31621'~
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