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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D Construction Security Agreement
<br />D Master form recorded by _ _ _ _ _ _ _ _ _ _ " _ . _ _ _ _ _ _ _ _ _ _ _ .. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _. _ "... . _ __ _ _ .. _ _ _ _
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~~!lP5!FY_ Al:1-,._ _:?QQ!!.. _.. _.. _ _ _ _ _ _ _ .._
<br />and the parties and their addresses are:
<br />
<br />TRUSTOR: Donald D. Mehring and Marilyn J. Mehring, Husband and Wife, an Undivided
<br />One-Half Interest
<br />3421 W State Street, Suite 4
<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 />SEE ATTACHED EXHIBIT A
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _lta}_l_ _ _.... .. _ _.. _ _ _ _ _ _ _ _ _ at ~~~.?_ ~_n_4. )_~~? _~ ~ _~'!;~!:~_ _ _ __
<br />(County)
<br />t3~F~~_t_ _ _ _ _ __ __ _ __ __ __ _ u u u _ _ _ u , U uu uG:r;:~I!(L!~!~~g._ __ _ _ u u , Nebraskau u _l?~~9~u u_
<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.?PJ_O_O_O_._O_O_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _' 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 />A promissory Note dated 01/16/2009
<br />
<br />(page 1 of 4)
<br />
<br />NEBRASKA. DEED OF TRUST INOT FOR FNMA, FHLMC. FHA OR VA USE)
<br />01994 Wolters Kluwer Financial Services. Bankers Systerns™ Form RE.DT,NE 12/15/2006
<br />VMP @.e165(NE) 1070BI
<br />
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