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~ p ~ f1l ~ ~ ~ N t'1 ~ ~ U/ Z C> -a G7 ~ ~ ~ Z ~ rn ~ ~ ,t.a ~cn m ~, t~ ~ C~ (.~ ~+ W ... w t~ ~~ F--~ ~ ty ~. fi>"~ Z ~ ~ 2oioo2ssi n State or Nebraska Space Above This Line For Reeording Data ~ ~ • ~ `, DEED OF TRUST (With Future Advance Clause) Construction Security Agreement 0 M$ster form recorded by _ _ _ _ _ _ _ _ _ _ _ 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 04 /05 / 2010 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ and the parties and their addresses are: TRUSTOR: JEREMY J ROSS AND CORISA J ROSS, AS HUSBAND AND WIFE 1415 W DIVISION ST GRAND ISLAND, NE 68801 [] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and acknowledgments. TRUSTEE: UNION BANK AND TItU37 COMPANY BENEFICIARY: 3643 SOUTH 48TH S~'REET PO BOX 82535 LINCOLN, NE 68501-2535 UNION HANK AND TRYST COMPANY 3643 SOUTH 48TH STREET PO HOX 82535 LINCOLN, NE 68501-2535 2. CONVEYANCE..-For goad anal vniusble eonsiderxtFozt; the receipt and sufficiency of which is acknowledged, and to secure the Secured Debt (defined below) and Trustor's performance under this Security Instrument, Trustor irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described property: See Attached Exhibit A The property is located in Hall____________________ at 1415 W DIVISION ST (County) -__ °-----------------------------------' ---------GRAND _ISLAND--------- ~ Nebraska----- 68801---- (Address) (City) (ZIP Code) Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). 3. MAXIMUM OBLIGATION LIMIT, The total principal amount secured by this Security Instrument at any one time shall not exceed $ 16,114.00 .This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it is suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) Promissory Note # 409890 dated 04/05/2010 in the amount of X16,114.00 maturing on 04/05/2015 NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) 0 1994 Walters Kluwer Financial Services -Bankers SystemsTU Form RE-DT-NE 1 211 5/2 0 8 8 VMP®-C765(NE) (a~oe~ 4I8BN/JLH ~T 2?~ir'+Z (pa9 409890 ~' ~ a ~. s~ f/