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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D ' .' . 0 Construction Security Agreement
<br />Master form recorded by _ u u _ 'u _ u _ u _ U __ _ _ . ~ '. .. .
<br />1. DATE AND PARTffiS. The date of this Deed of Trust (Securtty-fuStrument) tSD~~~~~-; -29,- -2000--- ~ - - -.. - - -~-
<br />and the parties and their addresses are: - -- u - - - -- - - -- - - -- - -- u __ U _ _ _
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<br />TRUSTOR: Kenneth W. Shultz
<br />Nancy L. Shultz
<br />55 Sonja Drive
<br />DONIPHAN, NE 68832
<br />
<br />D If checked. refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
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<br />State of Nebraska
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<br />Space Above This Line For ReCording Data
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<br />TRUSTEE:
<br />Arend R. Baack, Attorney
<br />P. O. Box 790
<br />Grand Island,NE 68802
<br />
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Association of Grand Island
<br />221 South Looust Street' Grand Is1and',NE 68801
<br />
<br />Organized and.Existing ~der the Lawsof~he 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 (defmed bel<?w) and Trustor's performance ~der thi~ Security Instrument,Trustor irtevocably
<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 FIFTY FIVE (55), AMICK ACRES EAST SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _lt~1A _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ at ~~_139~J:.~ _~~~~ _ _ _ _ _ _ _ _ _ _ _ _ _
<br />(County) ,
<br />--- u - ~ - n - -- - -- -- _ n - __ n _ _ n n _ _ , _ n _ n _ _ _ _QQ}J~~~n _ __ n n n , Nebraska~__ n ~~~~~n _'n
<br />(Address) (City) (ZIP Code)
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<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 any onetime shall
<br />not exceed $1-J~LO_O~O_._OJ~. _ ~ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _' 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 tinder the terms of all promissory note(s), contract(s),.guaranty(ies) or oilier 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 12/29/2008
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA. FHLMC. FHA OR VA USE)
<br /><D 1994 Woltors Kluwsr Financial Services. Banksra Sy'lem.™ Form RE-DT-NE 12/15/2006
<br />VMP@-C166INEll070B)
<br />
<br />(page 1 of 4J
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