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DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />0 Master form recorded by ________________ __________
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 19,___ 2005______ _____ __________________________
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Bryon J Boersen and Mary B Boersen, Husband & Wife
<br />923 W 12th St.
<br />Grand Island, NE 68801
<br />EJ 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 acic:owledged, 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 />The Northerly Ninety (90) feet of Fractional Lot Five (5) in Fractional Block
<br />Forty -nine (49) in Russel Wheeler's Addition and its complement Fractional Lot Five
<br />(5), in Fractional Block Six (6), in Gilbert's Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />The property is located in __ __ ___ _____ __ Hall - - - -_ at 923 W 12th St.
<br />- -------- - - - - -- --
<br />(County)
<br />------------------------------------------------------
<br />--------------- Grand_ Island_________ __ ______ _ Nebraska ---------- 8801-- ________
<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 $ $15,323.00 . 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 #1006305 dated 01 -19 -05 in the amount of $7,661.50 and
<br />maturing 01 -25 -10
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />f-�� 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />4= C165(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291
<br />(page 1 of 4
<br />Loan Number 1006305
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<br />State of Nebraska
<br />Space Above This
<br />Line For Recording
<br />Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement
<br />0 Master form recorded by ________________ __________
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jan 19,___ 2005______ _____ __________________________
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: Bryon J Boersen and Mary B Boersen, Husband & Wife
<br />923 W 12th St.
<br />Grand Island, NE 68801
<br />EJ 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 acic:owledged, 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 />The Northerly Ninety (90) feet of Fractional Lot Five (5) in Fractional Block
<br />Forty -nine (49) in Russel Wheeler's Addition and its complement Fractional Lot Five
<br />(5), in Fractional Block Six (6), in Gilbert's Addition to the City of Grand Island,
<br />Hall County, Nebraska.
<br />The property is located in __ __ ___ _____ __ Hall - - - -_ at 923 W 12th St.
<br />- -------- - - - - -- --
<br />(County)
<br />------------------------------------------------------
<br />--------------- Grand_ Island_________ __ ______ _ Nebraska ---------- 8801-- ________
<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 $ $15,323.00 . 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 #1006305 dated 01 -19 -05 in the amount of $7,661.50 and
<br />maturing 01 -25 -10
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />f-�� 0 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />4= C165(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291
<br />(page 1 of 4
<br />Loan Number 1006305
<br />
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