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<br />-- State of Nebraska Space Above This Line For Recordv~g Bata
<br />DEED OF TRUST
<br />(With Future Advance Clause) ,~'
<br />® Construction Security Agreement ,~; ~
<br />[.~ Master form recorded by _________________ '
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is October _16 _ 2009
<br />and the parties and their addresses are:
<br />TRUSTOR: Benjamin D Williams
<br />Katherine L Williams
<br />4038 Craig Dr
<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 />Arend R Baack, Attorney
<br />P. O. Box 790 Grand Island NE 68802-
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Assn of Grand island
<br />221 South Locust St Grand Island NE 68801-
<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 Attached Exhibit "A" for Legal Desorption
<br />e ro ert Is ocate In Ha11 at 3126
<br />p p Y __.. _.. ,.- Brentwood Blvd
<br />----
<br />(County)
<br />____________ __Grand. Island_________________ ,Nebraska. _ 68801
<br />- ---- ---------------------- - - ry - - -
<br />(Address) (Ci ) (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 $ x.85_, 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(ies) 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 />NEBRASKA -DEED of TRUST (NOT FOR FNMA, FFILMC, FHA OR VA USE)
<br />eQ 199A Wolters Kluwer Financial Services -Bankers SVS1emsTM Form RE-DT-NE 12/15!2006
<br />VMP~-C9651NE) ~o~oai
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