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<br /> State of Nebraslca Z
<br /> Q ' Space Above This Line For Recording Data ^
<br /> � DEED OF TRUST ��
<br /> . (With Future Advance Clause) , �.
<br /> `'�"G
<br /> 1. DATE AND PARTIES.The date of this Deed of Trust(Security Instrument)is........MAX..1�.,...�.���.......................
<br /> and the parties,their addresses and tax identification numbers,if required,are as follows:
<br /> GRANTOR:
<br /> JOSEPH W MUDLOFF AND SHIRLEE J MUDLOFF, HUSBAND AND WIFE,
<br /> 210 LAKESIDE DRIVE, GRAND ISLAND, NE 68801
<br /> ❑If checked, refer to the attached Addendum incorporated herein, for additional Grantors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE:
<br /> EARL D AHLSCHWEDE, ATTORNEY
<br /> P 0 BOX 2300, GRAND ISLAND, NE 68802
<br /> LENDER:
<br /> EQUITABLE BUILDING AND LOAN ASSOCIATION
<br /> OF GRAND ISLAND, NEBRASKA, A FEDERAL SAVINGS BANK
<br /> P 0 BOX 1Ga, GRAND ISLAND, NE 68802-016�
<br /> 2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and
<br /> to secure the Secured Debt (defined below) and Grantor's performance under this Security Instrument, Grantor
<br /> irrevocably grants, conveys and sells to Trustee,in trust for the bene�t of Lender, with power of sale, the following
<br /> described property:
<br /> LOT FOURTEEN (14) , HIDDEN LAKES SUBDIVISION #4, HALL COUNTY, NEBRASKA.
<br /> The property is located in........HALL....................... ........................................ at
<br /> ......... ..........................................................
<br /> (county)
<br /> ,,,,,,,,,, 210 LAKESIDE DRIVE GRAf�tD ISLAND ,Nebraska 68801
<br /> ................................................................ ..............................................................
<br /> (Address) ........................................
<br /> (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
<br /> may 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
<br /> shall not exceed$ ...25A,QQU...OD.......................................... . This limitation of amount does not include interest and
<br /> other fees and charges validly made pursuant to this Security Instrumcnt. Also, this limitation does not apply to
<br /> advances made under the terms of this Security Instrument to protect Lender's security and to perform any of the
<br /> covenants contained in this 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 /> i � . �t' � '
<br /> NEBRASKA-DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) (P898 1 Of 4J
<br /> R.1 tme oe..�e..e.."__' ''_ .....�__. .... ."_""___._ _ _ G�1 ..
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