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<br /> State of Nebraska Space Above This Line For Recording Data
<br />
<br />DEED OF TRUST
<br />
<br />(Ie\, \ I (With Future Advance Clause) "') / ()c>
<br />" ,_ 0 Construction Security Agreement c7'
<br />r3 - l({ ( 7 D K (.'\1.) g 0 Master form recorded by .............................
<br />1. DATE-AND PARTIES. The date of this Deed of Trust (Security Instrument) is ...............J.O/.1.9!~9.0.&................
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />AARON L VELEBA AND RHONDA J VELEBA, HUSBAND AND WIFE
<br />
<br />417 E 18TH ST, GRAND ISLAND, NE 68801
<br />
<br />o If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />First National Bank of Omaha
<br />1620 Dodge Street
<br />Omaha, NE 68197
<br />
<br />BENEFICIARY:
<br />First National Bank of Omaha
<br />1620 Dodge Street
<br />Omaha. NE 68197
<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 />THE WEST 44 OF LOT 2 AND THE EAST 29 OF LOT 3. IN BLOCK 7, MORRIS FIFITH ADDITION TO THE
<br />CITY OF GRAND ISLAND. HALL COUNTY, NEBRASKA
<br />
<br />The property is located in .HA~.~.....................................................,...... at ........................ ...... ... ... ... ... ....
<br />(County)
<br />.4.17 .~. WTI:l. .ST......................................., .GRt\t':JP. .I$hANR............................, Nebraska .1?,I;1~9.1..............
<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 $ J U~9.Q:9.Q.. .. ...... ... ...... ... ... ............ . 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, ete.)
<br />411708098
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />~ @1994 Bankors System..lnc.. St. Cloud, MN FO'm RE-DT-NE 1/30/2002
<br />
<br />JL(~
<br />
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