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<br /> State of Nebraska Space Above This Liue For Recording Data
<br /> DEED OF TRUST ;9,~0, 5 v
<br /> (With Future Advance Clause)
<br /> β Construction Security Agreement
<br /> β Master form recorded by
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is RUT7910, , , , , , , , , , , , , , , , ,
<br /> and the parties, their addresses and tax identification numbers, if required, arc as follows;
<br /> TRUSTOR:
<br /> Kelly M. Burgess, Single Person
<br /> 1422 South Newcastle Road
<br /> Grand Island, NE 88801
<br /> β If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: Archer Cooperative Credit Union
<br /> 2121 Archer Road
<br /> Archer, NE 88818
<br /> BENEFICIARY: Archer Cooperative Credit Union
<br /> Organized and existing under the laws of the state of Nebraska
<br /> 2121 Archer Road
<br /> Archer, NE 88818
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<br /> 2. CONVEYANCE, For goad 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: Got Thirteen (13), Block Three (3), Normandy Estates, an Addition to the City of Grand Island, Hall County, Nebraska
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<br /> The property is located in Hall , , at 1422 South Newcastle Road
<br /> (County)
<br /> ....................1l11WI4lapd..................... Nebraska OPP1,.......
<br /> (Address) (City) (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 $ ) i-1,AQQ,QQ . 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(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 /> Promissory Note showing Kelly Burgess as borrowers in the amount of 8113,800.00, Note Maturity data of 9.20.2040,
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<br /> NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page t of 4)
<br /> JEPcJS~ 0 1994 Bankers Systems, Incβ St, Cloud, MN Form RE-OT-NE 1/3012002
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