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<br />State of Nebraska Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
<br />Construction Security Agreement cT.
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Feb - -22 , -- -- - - - - --
<br />2001 - _ - _ - - - - - -
<br />---------
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: TERI SUE SCHIMONITZ, AKA TERI S SCHIMONITZ, AN UNMARRIED PERSON AND KEVIN
<br />J CROOK, AN UNMARRIED PERSON
<br />1610 N KRUSE AVE
<br />GRAND ISLAND, NE 68803 -2640
<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 sale, the following described
<br />property:
<br />THE NORTH SEVEN FEET (7') OF LOT FIVE (5), AND THE SOUTH FIFTY ONE FEET (S511) OF
<br />LOT THREE (3), IN BLOCK TWENTY -TWO (22), IN SCARFF'S ADDITION TO WEST LAWN, AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL CUNTY, NEBRASKA.
<br />The property is located in --------------------------------------- at 1610 N KRUSE AVE
<br />(County)
<br />-_ -_ ____ __ - -- , -------- GRAND-ISLAND ---------- Nebraska 68803- 264.0_
<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. MAXIMUM OBLIGATION LEWT. The total principal amount secured by this Security Instrument at any one time shall
<br />not exceed $ $13 -.00 0.00 - - -------------------
<br />. 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 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 />A Promissory Note dated 02/22/2001 Loan No: 72053178
<br />NEBRASKA -DEED OF TRUST NOT FOR FNMA, FHA OR VA USE) (page 1 Of 4%
<br />1984 Bankers Systems, Inc., St. Cloud, , MN 11- 800 - 397.2341) 3411 Form RE•DT•NE 10127197
<br />(M CI65(NE) 19808) VMP MORTGAGE FORMS - 18001521.7291
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