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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 />0 Construction Security Agreement
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 21, 2001
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR: PATRICK D POWERS and GERALYN C POWERS, HUSBAND AND WIFE
<br />4078 EDNA DR
<br />GRAND ISLAND, NE 68803 -4801
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures
<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 />CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and
<br />secure the Secured Debt (defined below) and Trustor' s performance under this Security Instrument, Trustor irrevoca
<br />grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following descril
<br />property:
<br />LOT EIGHT (8) IN BLOCK TWO (2) IN GOSDA SUBDIVISION, PART OF THE SOUTHEAST QUARTER
<br />OF THE NORTHEAST QUARTER (SE 1/4 NE 1/4) OF SECTION TWENTY -THREE (23), TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE 10 (10) WEST OF THE 6TH P.M. IN HALL COUNTY, NEBRASKA.
<br />The property is located in -- _-- __- Hall ------------------ at 4078 EDNA DR
<br />(County)
<br />-------------------------------- , GRAND ISLAND Nebraska 68803- 4801
<br />(Address) (City) (ZIP Code)
<br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and rip
<br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that
<br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property").
<br />MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time sh
<br />not exceed $ $50, 000.00 . This limitation of amount does not include interest and other fi
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made unc
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in t
<br />Security Instrument.
<br />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 descrit
<br />below and all their extensions, renewals, modifications or substitutions. (When referencing the debts below it
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 03/21/2001 Loan No: 0172053251
<br />NEBRASKA DEEM OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (pog
<br />1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97
<br />I •C 1 B5(NE) (9808) VMP MORTGAGE FORMS -(800)621-7291
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