<br />State of Nebraska
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<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />D D Construction Security Agreement
<br />Master form recorded by
<br />1. DATE AND PARTIES. The d~t~ -of thi~ -ri~ed-~-f Trust (S~c~rity-I~strument) is Ap~il- -0-1- - -i009 - - - - - - - - - - - - - - --
<br />and the parties and their addresses are: - - - - - - - -'- - - - - - - - ... .-
<br />
<br />~
<br />\...l"-..
<br />CJ
<br />
<br />TRUSTOR: Donald D. Mehring
<br />Marilyn J. Mehring, Husband and Wife
<br />3421 W. state Street, Plaza 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 />BENEFICIAR Y:
<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 />Lot One (1), Shovlain Second Subdivision in the city of Grand Island, Hall County,
<br />Nebraska.
<br />
<br />The property is located in
<br />
<br />__ __ _ _}f~11
<br />(County)
<br />
<br />at ~?~?_ Ch_B:.~~i:.c:.l,ee~ _ _ _ __
<br />
<br />(Address)
<br />
<br />G~i!I!~ _ I s!~~c;l_ _
<br />(City)
<br />
<br />, Nebraska
<br />
<br />68801
<br />------. -.----
<br />(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 $ ~OOJ_O_O_O_._OO_ _ _ _ _ _ ..' 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 04/01/2009
<br />
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />o 1994 Wolters Kluwer Financial Services - Benkers Systems™ Form RE-DT-NE 12/15/2006
<br />VMP@.C165(NE)1070BI
<br />
<br />(page 1 of 4J
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