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<br /> State of Nebraska Space Above This Line For Recording Data
<br />
<br />
<br />
<br />DEED OF TRUST ~ '""l"
<br />(With Future Advance Clause) ~
<br />D n Construction Security Agreement,.., ~
<br />Master form recorded by __ _ ___ __ __ __ __ __ __ ___ _ __ __ __ _ __ _ _ __ __ __ __ __ ___ _ __ ___ __ __ __ __ __ _ _ _ _ __ __ ___ __ _ __ __ __ __ __ __ __ ___ \.. ~
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ~_;_9_l:l___?}_L~<1<1_9______ "
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />RR&C, LLC
<br />
<br />TRUSTOR:
<br />
<br />6687 North Engleman Rd. Grand Island, NE 68803
<br />
<br />[i] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />
<br />TRUSTEE:
<br />
<br />Union Bank and Trust Company
<br />4243 pioneer Woods Drive Lincoln NE 68506-
<br />
<br />BENEFICIARY:
<br />
<br />Union Bank and Trust Company
<br />4243 pioneer Woods Drive Lincoln NE 68506-
<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 />
<br />property:
<br />Lot Twenty Eight (28), in Belmont, an Addition to the City of Grand Island, Hall
<br />
<br />County, Nebraska.
<br />
<br />The property is located in __ __ __ __ __ _ __
<br />
<br />Hall
<br />. --------------------------------.
<br />(County)
<br />
<br />at _~_~_l;l_?___~()rth EnglEml8.I1__~4_________
<br />
<br />-------------- ,
<br />
<br />_______________~~~nd IslaI'l4_________________ , Nebraska
<br />(City)
<br />
<br />_6_8_~~~___ _______
<br />(ZIP Code)
<br />
<br />(Address)
<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 $ 22,000.00 . 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(s) 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 March 27, 2009 in the amount of $22,000.00 with a Balloon Payment on
<br />April 1, 2014 for borrowers Timothy M. Rust and Nadine L. Rust
<br />
<br />NEBRASKA - DEED OF TRUST INOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />~ 0 1994 aanKers Systems, Ino" St, Cloud, MN Form RE-DT-NE 1/30/2002 Note Dated March 27, 2009 --rJ<..
<br />G(!j-C165(NEII0301) VMP MORTGAGE FORMS - 18001521-7291 Loan Number 09-03-000134
<br />S165NE EN (1/06)
<br />
<br />(page /J [ 4)
<br />
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