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~ ~ ~ ° ~ ~ i"1'991 ~ ~ rsn en ~L ~ r~, o ~ c n r~ ~ ~ o C ~ ~ rv ~] ~ ~ ]] ~ N ~ F...r C7 ~ !~-~ ~ ~ - ~ r ~ ~ cxy ~~ ~ m r~ ~ U ~, - n m , v' v i ~ f T'1 p ~ r.... :'x7 ."'" - i ~ ~ 4 ~ ~ t A --~ _ In ~ 3~ ~ ~ ~ O~ -~7 O ~ ~ Q O State of Nebraska Space Above This Line For Recording Data ma ~~ REAL ESTATE DEED OF TRUST `'' ` r' (With Future Advance Clause) ^ Construction Security Agreement ^ Master form recorded by 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is 05/28j2010_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ and the parties, their addresses and tax identification numbers, if required, are as follows: TRUSTOR: JEFFREY J KOSTBAHN AND DIANE K KOSTBAHN, AS HUSBAND AND WIFE 1604 ROSEMONT AVE GRAND ISLAND, NE 68$01 ^ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and acknowledgments. TRUSTEE: UNION BANK AND TRUST COMPANY 3b43 SOUTH 48TH STREET PO BOX 82535 LINCOLN, NE 68501-2535 BENEFICIARY: UNION BANK AND TRUST COMPANY 3643 SOUTH 48TH STREET PO BOX 82535 LINCOLN, NE 58501-2535 2. CONVEYANCE. For good and valuable consideration, 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___________________ ~ 1604_ROSEMONT AVE__________ (County) --------------------------------------' --____-- GRAND _T3LAND_________-,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 $_10 ~ 000.00_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . 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. (You must specifically ident~ the debt(s) secured and you should include the final maturity date of such debt(s).) Promissory Note ~ 419541 dated 05/28/2010 in the amount of $10,000.00 maturing on 05/25/2020 747/AM/HNH NEBRASKA - HOM E EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ~~"' 0 1984 Banker® 5yatem®, InC., St. Cloud, MN Farm OCP-RECT-NE 1I31I2~03 -C4B6iNE) (aao1l VMP MortpepeSolutlane (80~~521.7291 LT Z`fD~X 419641 V ~~ (page 1 / 4) l/ c n 0. 2.~ .moo