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<br />200501435
<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agi cement
<br />0 Master form recorded by - -
<br />1. DATE, AND PARTIES. The date of this Deed of Trust (Security instrument) is Feb 18, 2005
<br />and the parties, their addresses and tax identification numbers, if required, are at-, follows:
<br />TRUSTOR: Colleen A Smith aka Colleen A Voss and
<br />Scott J Smith, wife and husband
<br />9506 South NE Hwy 11
<br />Wood River, NE 68883
<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, tine receipt and sufficiency of which is acknowledged, and to
<br />secure the SeCllied Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benetit of Beneficiary, with power of sale, the following described
<br />property:
<br />Lot One (1), and Lot Two (2), Cedarview Eatat-es Subdivision, Hall County, State of
<br />Nebraska
<br />The property is located in Hall at Lot 1 & 'l, Cedarview
<br />(County)
<br />Estates Wood River Nebraska -
<br />(Addles,t) (City) (7,11' Code)
<br />Together with all rights, eascinents, appurtenances, royalties, mineral rights, oil and gas tights, 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 de,,m-ibcd 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 $ $32,054.00 , 'this limitation of amount does not include interest and other Pecs
<br />and charges validly inade pursuant to this Security histru ment. Also, this limitation does not apply to advances rnade under
<br />thr- tenu!. of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this
<br />Security Iusti unlent.
<br />4. SECURED DEBT AND FUTURE ADVANCES. The tern "Secured Debt" is defiined as follows:
<br />A. Dcbt 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, tuodifitrations or substitutions. (II'lieli re
<br />/erenchig the debts below it is
<br />mlgge.GIcd that Foil ilichith, ire nis .G a-h as htwnn✓ its' i7iiilJ�S, hole QI Rams, inlei,e'st lYrt('S, inaturity dales, C /C.)
<br />Fi;ced Rate Promissory Note 1013486 dated Februaxy 18, 2005 in the amount cf
<br />$16,027.00 and maturing on Yebruary 16, 2010.
<br />NEBRASKA -DEED OF TRUST (NOT FOR rNWt . HILIAC, rein ORVA use) (pa(4 (a, 4)
<br />4" 1994 8snkers Sys1Rm5 Inc S Cluud, M r 4 Fnrm F60i -Nr- 7/301:002
<br />- 0165(NE)(0a01) vr. iRr1 0RrQ AC,f.1O:?1,iS- (a'.,u)s21�;".l1 LoanNuFrber 1013480
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