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3925 W. Capital Ave
<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 />PO Box 5166
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />Union Bank and Trust Company -Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<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 8 of the Northwest Subdivision, Comprising a Part of the Northwest Quarter of
<br />the Northwest Quarter (NW 1/4 NW 1/4) of Section 12, Township 11 North, Range 10,
<br />West of the 6 P.M., in Grand Island, Hall County, Nebraska. AKA 3925 W. Capital
<br />Ave, Grand Island, NE. * *AND ** The Westerly 18 feet of Lot 15 and the Easterly 42
<br />feet of Lot 14, in Block 3, Cunningham Subdivision, an Addition to the City of Grand
<br />Island, Nebraska. AKA 2310 Vandergrift, Grand Island, NE.
<br />The property is located in -__ Hall____ ______ ________ _________ __ _ _ _ _ __ at 3925_ W.___Capital__Ave
<br />(County)
<br />-------- - - - - -- Grand_ Isl_ a_ n_ d - - - - - -- , Nebraska -- - - - - -- 6.8803
<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 $ $214,846.00 . 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 />Promissory Note # 1003115 dated 1 -14 -2005 in the amount of $107,423.00,
<br />matures 7 -13 -2005.
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) page 1 of 4)
<br />'^ Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 4 2
<br />- C165(NE) (0301) VMP MORTGAGE FORMS - (800)521.7291 Loan Number 1A03;�15
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<br />State of Nebraska Space Above This Line For Recording Data
<br />r
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />/ s
<br />0 Construction Security Agreement
<br />0 Master form recorded by ------------------------------- - - - - -- ------------------------------- - - - - --
<br />- -
<br />- - --
<br />1.
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 14_,___2005________
<br />__ ___
<br />__ __
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Frank A Smollen and Alice P Smollen, Husband and Wife
<br />3925 W. Capital Ave
<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 />PO Box 5166
<br />Grand Island, NE 68802
<br />BENEFICIARY:
<br />Union Bank and Trust Company -Grand Island
<br />2008 North Webb Road Grand Island, NE 68803
<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 8 of the Northwest Subdivision, Comprising a Part of the Northwest Quarter of
<br />the Northwest Quarter (NW 1/4 NW 1/4) of Section 12, Township 11 North, Range 10,
<br />West of the 6 P.M., in Grand Island, Hall County, Nebraska. AKA 3925 W. Capital
<br />Ave, Grand Island, NE. * *AND ** The Westerly 18 feet of Lot 15 and the Easterly 42
<br />feet of Lot 14, in Block 3, Cunningham Subdivision, an Addition to the City of Grand
<br />Island, Nebraska. AKA 2310 Vandergrift, Grand Island, NE.
<br />The property is located in -__ Hall____ ______ ________ _________ __ _ _ _ _ __ at 3925_ W.___Capital__Ave
<br />(County)
<br />-------- - - - - -- Grand_ Isl_ a_ n_ d - - - - - -- , Nebraska -- - - - - -- 6.8803
<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 $ $214,846.00 . 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 />Promissory Note # 1003115 dated 1 -14 -2005 in the amount of $107,423.00,
<br />matures 7 -13 -2005.
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) page 1 of 4)
<br />'^ Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 4 2
<br />- C165(NE) (0301) VMP MORTGAGE FORMS - (800)521.7291 Loan Number 1A03;�15
<br />
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