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<br />State of Nebraska
<br />
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />o Construction Security Agreement
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<br />o Master form recorded by
<br />1. DATE AND PARTIES. The d~te-~f thi~ -ri;ect -;f-Tr~~t- (S~~~rity-I~;t~~~~t) i; ~~~h- i9- - -i009 - - - - - - - - - - - - - - --
<br />and the parties and their addresses are: - -- -- - - --'- -- - -- - - - -- - - - - -- - - - --
<br />
<br />TRUSTOR: Pro con Development Company, L.L.C.
<br />
<br />8406 N. 110th Road
<br />Grand Island, NE 68831
<br />
<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<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 bel~w) and Trustor's perfonnance u~der thi~ 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 />Parcell: Lots One (1), Two (2), and Three (3), Goodrich Second Subdivision, in the
<br />City of Grand Island, Hall County, Nebraska.
<br />Parcel 2: Lots One (1), and Two (2), Sunny Side Second Subdivision, in the City of
<br />Grand Island, Hall County, Nebraska.
<br />
<br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ]taAl_ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ at J.7.9?J_ J}Al_,_ ),'V_,~ L _!~QJ_ ~!l9-_
<br />(County)
<br />J.J:l.9J_ J!:_ _C_ap,:i" ~~~ _~y~ _ _ __ _ _ _ _ ~ _ _ _ _ _ _ , _ _ ~... _ _ _ _G~~t!c;L +~-!~!l9-_ _ _ _ _ _ _ _ _ , Nebraska _ _ _ _ _ ~~~9L _ _ __
<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 $?~.9J_09_0_._0_0_ __ __ __ _ _ _ _ _ __ _' 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 perfonn any of the covenants contained in this
<br />Security Instrument.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tenn "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 03/19/2009
<br />
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USEI
<br />01994 Wollers Kluwer Financial Services - Banke,s SystemsTM Form RE-DT-NE 12/15/200B
<br />VMP @-C165(NE) 107081
<br />
<br />(page 1 of 41
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