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<br />DEED OF TRU5T
<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 Trust (Securiry Instrument) is 0 c t o b e r_ 2 6,___ 2 011_
<br />and the parties and their addresses are:
<br />TRUSTOR: Todd C Jacobson
<br />Rhonda M Jacobson
<br />4119 Hartford St
<br />Grand Island. NE 68803
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<br />D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE:
<br />Arend R Baack, Attorney
<br />P. 0. Box 790 Grand Island NE 68802-
<br />BENEFICIARY:
<br />Home Federal Savings and Loan Assn of Grand Island
<br />221 South Locust St Grand Island NE 68801-
<br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of whlch Is acknowledged, and to
<br />secure the Secured Debt (defined below) and Trustor's performance under this Securlty Instrument, Trustor irrevocably
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the follQwing described
<br />property:
<br />Parcel 1: Lot Seventeen (17), Block One (1), Summerfield �st�t�s Sevellth
<br />Subdivision, in the City of Grand Island, Hall County, Nebraska.
<br />Parcel 2: Lot Eleven (il), Jeffrey Oaks Sixth Subdivision, in th@ City of Grand
<br />Island, Hall County, Nebraska.
<br />The property is located in ___
<br />4119__ Hartford__St_______
<br />(Address)
<br />-- H a 11--------------------------------
<br />(County)
<br />_ _______________Grand__Isl_and
<br />(City)
<br />at 162�_.Summerfield__A_v_e___AWD___
<br />---------- , Nebraska---------6880�----------
<br />(ZA' Code)
<br />Together with a11 rights, easements, appurtenances, royalties, mineral rights, oil attd gas ri�hts, a11 watsr at�d riparian
<br />rights, ditches, and water stock and a11 elcisting 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 (a11 refened to as "Praperty").
<br />3. MAXIMUM OBLIGATION LIlVIIT. The total principal amount secured by this Security Instrument at any one time sha11
<br />not exceed $ 289. 041. 00 . This limitation of amount does 11tat iuclude iAterest and other fees
<br />-------------------------------------------------------------
<br />and chazges validly made pursuant to this Security Instrument. Also, this limitation da�s mot apply to advances made under
<br />the terms of this Security Instrument to protect Beneficiary's security and to perforin atay af the cavenants contained '1n ttus
<br />Security Instrument.
<br />4. SECURED DEBT AND FLJTLTRE ADVANCES. The term "Secured Debt" is defiued as followa;
<br />A. Debt incurred undez the terms of a11 promissory note(s), contract(s), guaranty(ies) or other ev�dence of debt d�scribed
<br />below and all their extensions, renewals, modifications or substitutions (When referet�cdng the debts below it is
<br />suggested that you include items such as bo�rowers' nafnes, note amounts, interest rates, maturity dates, etc.)
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<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) �page 1 of 4J
<br />c0 1994 Wolters Kluwer Flnancial Servlces - Bankers Systems� Form RE-DT-NE 12/15/2008 ° s r� '
<br />VMP�-C165(NE} lo�oal
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