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<br />State of Nebraska
<br />Space Atxrve This Lin[ For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />n Construction Security Agreement
<br />[~Masterformrecordt:dby______________._..
<br />1. DATE AND PARTIES. T'he date of this Deed of Trust (Security Instrument) is November _25,
<br />and the parties, their addresses and lax identification numbers, if required, are as follows:
<br />TRUS'I'OR: Rodney P Meyer and Gayle M Meyer, husband and wife
<br />3519 Curran Ct #1
<br />Grand Island, NE 68803
<br />~~
<br />2009 _ . -- . _ _ ..
<br />01f 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 />4243 Pioneer Woods Drive Lincoln NE 68506-
<br />BENEFICIARY:
<br />Union Bank and Trust Company
<br />4243 Pioneer Woods Drive Lincoln NE 58506-
<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 >rrevocably
<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 Four (4), Block Twa (2), Summerfield Estates Fourth Subdivision, in the City of
<br />Grand Island, Hall County, Nebraska.
<br />The property is located in Hall at 1622 Meadow Road
<br />- (County)
<br />Grand„Island _______, Nebraska_____68803_
<br />(Address) (City) ('GIP 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 "Pr[)pcrty").
<br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ 140,000.00 ___ .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 Lieneficiary'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 Dcbt" is dcltnccl 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 referenci.n,~ the debts helnw it is
<br />strg~ested that you include items such as borrowers' names, Hate amounts, interest rates, rnateerity dates, etc. )
<br />A Promissory Note dated November 25, 2009 in the amount of $140,000.00 and maturing on January
<br />25, 2010 for borrowers Rodney P. Meyer and Gayle M. Meyer
<br />NEBRASKA -DEEP OR TRUST (NOT FOR FNMA, FH LM G, FHA oR VA USE)
<br />~c~ ~ 1994 Bankers Systems, Inc., SL Cloud, MN Farm RE-DT-NE 1/30/2002
<br />®C165(NE) (osoil VMPMORTGAGEFORM$
<br />( e 1 of 4)
<br />Note Dated November 25, 2009 ,
<br />(eooreztazsr Loan Number 09-11-00000
<br />
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