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<br />_ State of Nebraska
<br />0 Master form re.corded by----------------------------------------------------------------------
<br />-----
<br />1. DATE AND PARTYES. The date of this Deed of Trust (Security Instrument) is 04 /15/2011 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
<br />and the parties and their addresse5 aze:
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<br />• Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />� ConstracNon Security Agreement
<br />TRUSTOR: LEE J NEWPORT AND SHERRY A NEWPORT, AS HUSBAND AND WIFE
<br />4250 W OLD POTASH HWY GRAND ISLAND, NE 68803
<br />❑ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />aclrnowledgments.
<br />TRUSTEE: UNlON BANK AND TRUST COMPANY
<br />3643 30LJTH 48TH 8TREET PO BOR 82535 LINCOLN, NE 68501
<br />BENEFICIARY:
<br />iJNION BANR AND TRII3T CQMPANY
<br />3643 30UTH 48TH 3TREET PO BOX 82535 LINCOIN, NE 68501-2535
<br />Z. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to
<br />secure the Secured Debt (define�i below) and Trustor' s performance under this Se,curity 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:
<br />See AttaChed Euhibit A ,�,
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<br />The property is loc�Yed in -------------------- Hall -------------------- at 4250_W OLD_ POTASH HWY -------
<br />(County)
<br />--------------------------------------- ° -------- GRAND _I3LAND ---------- , Nebraska 68803 ------
<br />(Address) (City) (ZIP Code)
<br />Together with a11 rights, easements, appurtenances, royalries, mineral rights, oil and gas rights, ali water and riparian
<br />rights, ditches, and water stock and a11 existing and future improvements, structures, fiactures, and replacements that may
<br />now, or at any time in the future, be part of the real estate described above (all referreri to as "Property").
<br />3. 1ViAXIMUM OBLIGATION LIlVIIT. The total principal amount secured by this Security Instrument at any one time sha11
<br />,,.
<br />not exceed $ 11 �148 . 60 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . This limitation of amount does not include interest and other fees'
<br />and charges validly made pursuant to this Security Instrument. Also, this lunitation 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 covenanLs contained in this
<br />Security Instnzment. . ,
<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(ies) or other evidence of debt described
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts bedow it is
<br />suggested that you dnclude iterns such as borrowers' nanaes, note amounts, interest rates, maturity dates, etc.)
<br />Promissory Note # 456847 dated 04/15/2011 in the amount of $11,148.60 aQaturing
<br />on 04/10/2015
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA US�
<br />0 1984 Wolters Kluw er Financial 3ervicea • Bankers SystamaTa Form RE-DT-NE 12115/2008
<br />VMP�-C165(NE) (o�oej
<br />894/CN/fINH
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<br />(page i of 4)
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<br />456847
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