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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST h�`�� �� � �;Q 3 ��
<br /> (With Future Advance Clause) �
<br /> � Construction Security Agreement
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Secwity Instrument) is Jdnu_a_r'y _10._ _2000__ __ _ _ _ �
<br /> _
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: STEVEN A STEC, AND and REBECCA J STEC. HUSBAND AND WIFE
<br /> 2318 STAGECOACH ROAD
<br /> GRAND ISLAND, NE 68801
<br /> � If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE:
<br /> Earl D Ahlschwede, Attorney
<br /> BENEFICIARY:
<br /> The Equitable Building & Loan Association, FSB
<br /> 113-115 N. Locust Street
<br /> Grand Island. NE 68801-6003
<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 sa1e, the following described
<br /> property:
<br /> LOT FOUR (4) . REGENCY BY THE GREEN SECOND SUBDIVISION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> The property is located in Hal_1_ _ at 2318 STAGECOACH ROAD
<br /> ---
<br /> - -- --- -- -(count�')
<br /> ------- - - --------------------- , -----GRAND ISLAND_------- , Nebraska---- -68801_
<br /> ---------
<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. A�IAXIMUM OBLIGATION LIlVIIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$241.500.00 . This limitation of amount does not include interest and other fees
<br /> ---- --- ------- --_--- ------
<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 FLJTURE 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 a11 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 /> A Promissory Note dated O1/10/2000 Loan No: 72803035
<br /> NEBRASKA - DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) %�1�/page�►�7 I
<br /> � 1994 Bankers Systems,Inc.,St.Cloud,MN 11-800�397-2341) Form HE-DT-NE 10127197 � 'j\
<br /> ��C165(NE) Isaoal VMP MOHTGAGE FOHMS�18001521•7291
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