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<br /> <br /> ZH <br />N ~ ~ <br />~ ~ <br />~~ 7 <br />- ~ <br />~ <br />~ '~ <br />_ <br />~ ~I <br />~~ ~ <br />u1 <br />~~" a <br /> <br /> ~ m <br /> c •~ ~n ~ <br /> A v ~ _.,~ ~ o ~ c:~ m <br /> <br /> <br /> 2 ~ ~ <br /> 7C 0 ` rya o ° U7 <br /> ~ W ~f <br />GL7 <br /> ~`~ <br />`" ~ <br /> ~ <br />m ^.~ y, u <br />- ~ ~ <br /> rr~ <br />c7 <br />~ r <br />~ <br />r ~ <br />C1'1 <br />C <br /> ~ `~ " ° m <br /> a rv <br /> ~ ~ ~ <br /> <br />-- State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST ,~~'. ~v <br />(With Future Advance Clause) <br />~] Construction Security Agreement <br />Q Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is June _ 10,___2p09________ <br />and the parties, their addresses and tax identification numbers, if required, 'are as follows: <br />TRUSTOR: RR 8 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 Woods Drive Lincoln NE 68506- <br />BENEFICIARY: <br />Union Bank and Trust Company <br />PO Box 82535, Lincoln, NE 68501-2535 <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 Tveenty Hight (28), in Belmont, an Addition to the City of Grand Island, Hall <br />County, Nebraska. <br />The property is located in __ _____ Hall__________ _ __ _ __ ___ _ _ ______ at 303__N,__ Care Ay®nue <br />--------------- - - - - - - - -----y---- - - - - <br />- - - - --------------- <br />(County) <br />-------------------------------------------------------------------- ~ ---------------Grand_Island----------------- ~ Nebraska--------- 68803 <br />- - - ------------- <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 $ X22,000.00 .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 Note due on <br />April 1, 2014 for borrowers Timothy M Rust and Nadine L Rust. <br />NEBRASKA -DEED OF TRU5T (NOT FOR FNMA, FHLMC, FHA OR VA USE) ~~,~(page 1 of 4) <br />~~'" cO 1994 Bankers Systems, Inc., 5t. Cloud, MN Form RE-DT-NE 1I30I2002 Note Dated .~UnE• 10, zoo9 /~~®-/fir- <br />®®C1651NE)(oaoi) VMPMGRTGAGEFORMS-(BOU)521-7291 Loan Number 09-03-000134 rr`+~'~-~ <br />i;i <br />