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<br /> 200 �101039
<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST
<br /> (With Future Advance Clause) �
<br /> 0 Construction Security Agreement �`�
<br /> 1. DATE AND PARTIES. The date ofthis Deed of Trust(Security Instrument) is January_ 29,__2000
<br /> ------ ------------ --
<br /> and the parties, their addresses and t�identification numbers, if required, aze as follows:
<br /> TRUSTOR: RANDAL W SKAGGS and PEGGY 8 3ICAGGS, HUSBAND AND WIFE
<br /> 4238 3t)trIl�R CIR
<br /> GRAND ISLAND, NE 68803
<br /> D 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 6 Losn 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 sale, the following described
<br /> property:
<br /> LOT TWENTY-EIGHT (28) , WE3TROADS ESTATES, FOURTH SUBDIVI3ION, CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> Thepropertyislocatedin_________________ Hall _________________ at 4238 3UI��R CIR
<br /> ------------------------
<br /> (County)
<br /> ------------ ------------------ - --------GRAND_ISLAND------- , Nebraska- - -68803-----
<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. MAI�MUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ 120�000.00 ___________________ _ 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(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 O1/29/2000 Loan No: 72803069
<br /> N�RASKA-D�OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA US� � page �
<br /> �1984 BankersSystems,Inc.,St.Cloud,MN(1-800-397-2341) Form RE-DT-NE 10127/97
<br /> �-C165(Nq�seoa� VMPMORTGAGEFORMS-(800)521-7291
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