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<br />When Recorded Return To: O
<br />U.S. BANK, CONSUMER FINANCE DIV.
<br />16 NINTH AVE. NORTH HOPKINS, MN 55343 -7617
<br />State of Nebraska Space Above This Line For Recording Data
<br />REAL ESTATE DEED OF TRUST
<br />Loan No.: 3000343107 (With Future Advance Clause)
<br />El Construction Security Agreement �\
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJanuary- 28,- 2005 `
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:MICHAEL D. MCCAIN AND KASEY J. MCCAIN, HUSBAND AND WIFE
<br />36 LILLIAN IN, DONIPHAN, NE 68832
<br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
<br />111 SW 5TH AVENUE, PORTLAND, OR 97204
<br />BENEFICIARY:
<br />U.S. BANK NATIONAL ASSOCIATION ND
<br />4325 - 17TH AVENUE SW, FARGO, ND 58103
<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 />SEE "ATTACHMENT A"
<br />The property is located in HALL at 36 LILLIAN -IN
<br />------ ----------------------
<br />--------------------------
<br />(County)
<br />----------------------------- - - - - -° ------ ---- DONIPHAN ----- - - - - -- ,Nebraska - - -- 68832 - - --
<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
<br />shall not exceed $47,500. - 00 - - - - - - - - - - - - - - - - -, This limitation of amount does not include interest and other
<br />fees and charges validly mae pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this 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
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />All amounts payable to Lender at any time under a U.S. BANK EQUILINE AGREEMENT
<br />dated 1/28/2005, signed by MICHAEL D. MCCAIN and KASEY J. MCCAIN. The length
<br />of the repayment period and the maturity date will depend on the amounts owed
<br />at the beginning of the repayment period, but it will end no later than the
<br />maturity date of 2/1/2030.
<br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page of 4)
<br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 M, M
<br />(M® C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291
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