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<br />State of Nebraska -
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST ~ p . Sa
<br />(With Future Advance Clause)
<br />n Construction Security Agreement
<br />Master form recorded by -------------------------------------------------------------------- --
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is June --10,---2009____________________________ __ __,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: RR8 C, LLC
<br />6687 North Engleman Rd
<br />Grand Island, NE 68803
<br />® If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Union Bank and Trust Company
<br />4243 Pioneer weeds Drive Lincoln NE 6$506-
<br />BENEFICIARY:
<br />Union Bank and Trust Company
<br />4243 Pioneer Woods Drive Lincoln NE 68506-
<br />2. CONVIiaYANCE. 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 Three (3), in Black Two (2), Glover's Subdivision in Hall County, Nebraska.
<br />The property is located in Hall at 1016 W Phoenix Av®nue
<br />------------ -----------
<br />----------------------------- -------------------------------------------------------
<br />(County)
<br />-- -------------------------------------- ° ---------------Grand- Island----------------- ,Nebraska--------- 68801----- -.~
<br />(Address) (City) (ZIP Code)
<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 />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ E1o,9o0.00 -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 Aprll 16, 2009 in the amount of $10,900.00 and maturing on May 1, 2014 for
<br />borrowers Timothy M Rust and Nadine L Rust.
<br />NEBRASKA -DEED OF TRUST (NQ7 FOR FNMA, FHLMC, FHA OR VA USE) ~. f~ ~pege
<br />~~"" 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 113nI20D2 Note Dated June 10, 2009 "~~~ rJ,v(
<br />®C165(NE) (osot) VMPMORTGAGEFORMS-(800)521-7291 Loan Numbero9-04-000755
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