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<br />State of Nebraska <br /> <br /> 10 0 ~ r-.." <br /> g Ocn m <br /> m % ~. ~ ~ 0...., <:=) ~ <br /> ." m (I) <br /> C n :c ":D c: l> <br /> Z 7i; \::} ::z:-; N <br />n rT1 \.... :::0 -f fTl O~ <br />1: ~ C ~~- -<0 <br />,,, ~ 0-" 00 <br />n en .." .-.. "z )> <br />1\ ::t: 0 r CO CJ) <br /> :J: f'Tl <br /> ~ fT1 -0 l>CO 02 <br /> rrl <br /> ~ CJ ::3 ' ;0 en <br /> if> .:r> C"\>;1 <br /> c..:> en <br /> ;:><; we <br /> 1> -..]~ <br /> -.r= -- <br /> W en w~ <br /> (f) <br /> 2: <br /> 0 <br /> Space Above This Line For Recording Data <br /> <br />~"'~ <br />t:'.~J <br />c,~';: <br />:;';::00 <br />:~ <br />> <br />(.7') <br />1"11 <br />-i <br />=i <br />r- <br />t", <br /><.h <br />,.or", <br />:;;" <br />~~ <br /> <br />N <br />IS <br />IS <br />CO <br />IS <br />N <br />W <br />-.....J <br />W <br /> <br />{'') <br />j"t" <br />ot..n <br /> <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 <br />