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<br />DEED OF TRUST \j\.
<br />(With Future Advance Clause) (? . ~
<br />[iJ Construction Security Agl"eement ..........
<br />D Mastel" fOl"m l"ecorded by m. .m.m_. ~ m. m.m__m.m__mHm. m_.m' nn ~m_^m." mn~ m _m__m _m_. m_. m _m.m_.. mH m m_. _ m,
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~-Ejl.9-Ejl-~~~--;J,~L-~-Q-Q_?nm__m_m.m_m_.__
<br />and the parties and their addresses are:
<br />
<br />TRUSTOR: Monte Rex Beason
<br />Lisa Ann Beason
<br />59 Kuester Lake
<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 Grand Island NE 68802-
<br />
<br />BENEFICIAR Y:
<br />
<br />Home Federal Savings and Loan Assn of Grand Island
<br />221 South Locust St Grand Island NE 68801-
<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 />Lot Twenty-Three (23), in Block Eleven (11), Ashton Place Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />
<br />The property is located in --m.m_m.~m' m-~nHnHn.~~~~"m_m_m_m_m__m.m_nn'. at ;?-4-9~?---WH~~~!,:;i,g"n~.t__m_m. mOm. m
<br />(County)
<br />m. m_ m_ ~ m.. - -. - - - - - mm nn' m_ - - no m. m_m_ _m m. , _m'm Om. ng,1;-~-11-c;l.nI~~~~4__m_ _ m' nnn , Nebraska n-m.m9JlJl.!tL.m_ m
<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 $ .?-~.LQ-Q-9-,-Q!L.-m.m.m'_mm.m.m.m.m"_ . 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 />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />o 1994 Wolters Kluwer Financial Sarvices 0 Benkers Systems rM Fo,m RE-DT-NE 12/16/2006
<br />VMP@-C165(NE) I070B}
<br />
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