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DEED OF TRUST
<br />2 U 0 U 12�+ (with Future Advance Clause)
<br />U E:1 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Nay- 12, 2000
<br />--
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: --------------- - - - - --
<br />TRUSTOR: GORDON W ANDERSON and LORETTA L ANDERSON, HUSBAND AND WIFE
<br />412 ORLEANS DR
<br />GRAND ISLAND, NE 68803
<br />If 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 TWELVE (12) KALLOS SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in ----------------- Hall ----------------- at 412 ORLEANS DR
<br />(County)
<br />---------------------------- - - - - -- I GRAND-ISLAND ---- - - - -_, Nebraska -- -68803
<br />-------- -- - - - -- - - - - - --
<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 shal
<br />not exceed $ 11 j 5 0 0_ 0 0 - - - - - - - - - - - - - - - - - - - . This limitation of amount does not include interest and other fee
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made unde
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in thi
<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 describes
<br />below and all their extensions, renewals, modifications or substitutions. (Mien referencing the debts below it i
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 05/12/2000 Loan No: 0172052998
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (pagef4
<br />1994 Bonkers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97
<br />0 - C165(NE) (9808) % /UD UnDTr -er -F cnosnc _ /AAAXR91_7ooi
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<br />DEED OF TRUST
<br />2 U 0 U 12�+ (with Future Advance Clause)
<br />U E:1 Construction Security Agreement
<br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Nay- 12, 2000
<br />--
<br />and the parties, their addresses and tax identification numbers, if required, are as follows: --------------- - - - - --
<br />TRUSTOR: GORDON W ANDERSON and LORETTA L ANDERSON, HUSBAND AND WIFE
<br />412 ORLEANS DR
<br />GRAND ISLAND, NE 68803
<br />If 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 TWELVE (12) KALLOS SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA
<br />The property is located in ----------------- Hall ----------------- at 412 ORLEANS DR
<br />(County)
<br />---------------------------- - - - - -- I GRAND-ISLAND ---- - - - -_, Nebraska -- -68803
<br />-------- -- - - - -- - - - - - --
<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 shal
<br />not exceed $ 11 j 5 0 0_ 0 0 - - - - - - - - - - - - - - - - - - - . This limitation of amount does not include interest and other fee
<br />and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made unde
<br />the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in thi
<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 describes
<br />below and all their extensions, renewals, modifications or substitutions. (Mien referencing the debts below it i
<br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br />A Promissory Note dated 05/12/2000 Loan No: 0172052998
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (pagef4
<br />1994 Bonkers Systems, Inc., St. Cloud, MN (1 -800- 397 -2341) Form RE -DT -NE 10/27/97
<br />0 - C165(NE) (9808) % /UD UnDTr -er -F cnosnc _ /AAAXR91_7ooi
<br />,I%
<br />'t J
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