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<br />-- - DEED OF TRUST ~Q,~~
<br />(With Future Advance Clause)
<br />^ Construction Security Agreement
<br />^ Master form recorded by .............................
<br />ll. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is ................. . 07.29.201 O, , - , _ - .. , . _ - .. , , , ,
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:
<br />THOMAS H. FAUSCH AND BARBARA A. FAUSCH, HUSBAND AND WIFE
<br />5321 PONY HILL CT
<br />LINCOLN, NE 88518
<br />^ If checked, refer to the attached Addendum incorporated herein, for additional Trusters, their signatures and
<br />acknowledgments.
<br />TRUSTEE: CORNHUSKER BANK
<br />P O BOX 80009
<br />LINCOLN, NE 68501
<br />BENEFICIARY: CORNHUSKER BANK
<br />ORGANIZED AND EXISTING UNDER THE LAWS GF THE STATE OF NEBRASKA
<br />P 0 BOX 80009
<br />LINCOLN, NE 68501
<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 berrefir of Beneficiary, with power of sale, the following described
<br />property: LOT TWD 121, SUMMERFIEID ESTATES SECOND SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY NEBRASKA
<br />The property is located in ............................... HAIL................................ at 1404 MEADOW. RU ........................... .
<br />(County)
<br />............................................................. ...................GB NO.................., Nebraska ......~$a4~:15~1......
<br />A
<br />(Address) (City) (Z[P Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br />rights, ditches, and water stack 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 $ 23.4,u4U,44 .........................................This limitation of amount does not include interest and other fees
<br />and charges validly made pursuant to this Security Instrument. Also, this limitations 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(s) 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 />BRIDGE LOAN TO THOMAS H FAUSCH AND BARBARA A FAUSCH DATFD 7.29.20101N THE AMOUNT OF S 227,147.89
<br />NEBRASKA -DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE)
<br />Fj( 7e M ®199h Bankers Systems, Inc., 5t. Cloud, MN Form RE-DT-NE 1/30/20D2
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