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0 <br />OState of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May 26,_ _2001 . <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />200105206 <br />1. <br />TRUSTOR: GREGORY A HOPKINS, and and GALE R HOPKINS, HUSBAND ND WIFE <br />3557 SCHROEDER AVE <br />GRAND ISLAND, NE 68803 <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 Grand Island, NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <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 SEVEN (7), WESTROADS ESTATES THIRD SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 3557 SCHROEDER AVE <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. MAXIMUM OBLIGATION LINM. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ $5.000.00 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 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 05/26/2001 Loan No: 0172053384 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />( 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800- 397 -2341) Form RE -OT -NE 10127197 <br />IdM®CIMNE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />( (page tq <br />M <br />� <br />T <br />f- <br />rn CA <br />c:� <br />n cn <br />r-to- <br />r <br />fl Z <br />► <br />0 --I <br />co <br />CD <br />z <br />N <br />M <br />r— <br />C= <br />C�l <br />CD <br />MID <br />O —*1 <br />O <br />y <br />co <br />M ,�' <br />"7 <br />D w <br />O <br />d <br />r A <br />Cn <br />GO <br />t <br />W <br />N <br />CO <br />x <br />O <br />N <br />4 <br />N <br />1. <br />TRUSTOR: GREGORY A HOPKINS, and and GALE R HOPKINS, HUSBAND ND WIFE <br />3557 SCHROEDER AVE <br />GRAND ISLAND, NE 68803 <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 Grand Island, NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <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 SEVEN (7), WESTROADS ESTATES THIRD SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 3557 SCHROEDER AVE <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. MAXIMUM OBLIGATION LINM. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ $5.000.00 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 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 05/26/2001 Loan No: 0172053384 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) <br />( 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800- 397 -2341) Form RE -OT -NE 10127197 <br />IdM®CIMNE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />( (page tq <br />