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<br />Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />Master fonn recorded by....................................
<br />
<br />~~crOloro8~
<br />
<br />;<5..50
<br />00000405961
<br />
<br />1. DATE AND PARTIES. The date of this Mortgage (Security Instrument) is 03/05/2009 and the parties, their addresses
<br />and tax identification numbers, if required, are as follows:
<br />
<br />TRUSTOR:
<br />JOANN C DONAHOO, UNMARRIED
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Mortgagors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />First American Title Insurance Company
<br />13924 Gold Circle
<br />Omaha. NE 68144
<br />
<br />BENEFICIARY:
<br />Charter One, a division of RBS Citizens, NA
<br />One Citizens Plaza
<br />Providence, RI 02903
<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 exhibit "A" attached hereto and by this reference made a part hereof.
<br />
<br />The property is located in.............................................. H.A~.I".......................................................!it ......... ..................................................
<br />........
<br />(County)
<br />4168 VERMONT AVE GRAND ISLAND ,Nebraska 68803
<br />................................ .........( i\cidreiis)............. ...................... ..... ................................ (city).................................... ................
<br /> (ii p .Ccide)..........
<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 toas "Property").
<br />
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at anyone time shall
<br />not exceed $ 61.000.00 . This limitation of amount does not include interest and other fees and charges validly made
<br />pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security
<br />Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument.
<br />
<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), contraet(s), guaranty(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must spec{fically identifY the
<br />debt(.\:) secured and include the final maturity date of such debt(.5).)
<br />
<br />The Credit Line Agreement in the amount of $61 ,OOO.OQ, executed by the Mortgagor/Grantor and dated the
<br />same day as this Security Instrument, which, if not paid earlier, is due and payable in full 300 months from
<br />the due date of the first payment.
<br />
<br />NE_L1 NEMTG991 V1
<br />
<br />(page 1 of 4)
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