|
<br />. ~' ~
<br />.
<br />.~
<br />~ Z~ rn
<br />Z 1"'1 = ~ ~ cn
<br />o -~ o m
<br /> ~ ~
<br />~
<br />r~ ~ m rU
<br />fV ~ ~
<br />=~ C--- v
<br />
<br />
<br />cn ar,~ z ~ ~ ~ ~, `.° u,
<br />
<br />
<br />~ cn
<br />---~ (~
<br />c~'1 ~
<br />~
<br />~ n Z
<br /> ~ ~ CCU
<br />
<br /> State of Nebraska Space Above This Line For Recording Data
<br /> REAL ESTATE DEED OF TRUST ~d
<br />a ,
<br /> ~ ,
<br /> (With Future Advance Clause)
<br /> ^ Construction Security Agreement
<br /> ^ Master form recorded by .............................
<br />1. DATE AND PARTIES. The date. of. this, Deed. of ,Truss (.Security Instxuutenta .is_,~oF 22.2008
<br />_ ._ _m ..
<br />:~.~.
<br />
<br />
<br />The parties and their addresses are: _-~
<br />,aw ...
<br />TRUSTOR:
<br />Mark A. McMahon and Mary R. McMahon
<br />4146 Prairia Ridge Read
<br />Grand Island, NE 68803
<br />^ If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Tha Carson National Bank of Auburn
<br />2301 Oahlke Avenue
<br />Auburn, NE 68305
<br />BENEFICIARY:
<br />Tha Carson National Bank of Auhurn
<br />Organized and existing under the laws of the United States of America
<br />u _ LL _.__ _ _2301 flahlke Avenue _ -_
<br />Auburn, NE 68305
<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 benefit of Beneficiary, with power of sale, the following described
<br />property:
<br />Let Thirty One1311, Country Meadows Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />The property is located in ~.. Hall at 4148 Prairie Ridge Lane
<br />(County)
<br />Grand Island ebraska 68803
<br />............................................................. .................................................. . N .......................
<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, a-td watcr stock and all existii-~g and furore in:provenients, structures, factures, au7d ruplacernents That miry
<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 $ ,15o,e0D.0o .... ..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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the
<br />debt(s) secured and you should include the final maturity date of such debt(s).)
<br />Note dated June 22, 2008 with a final balloon payment due July 1, 2014
<br />NEBRASKA - MOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USEI /j I~~/~ ~ ~ IPa9e J~ -
<br />©1994 Bankers Systems, Inc., St. Cloud, MN Farm OCP-REbT-NE 6l10l2006r%~J/I/fJ~~~/ ~~1/~
<br />
|