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TRUSTOR: DOUGLAS A HOUGH and MIA M HOUGH, HUSBAND AND WIFE <br />120 EAST 3RD ST <br />GRAND ISLAND, NE 68801 <br />EJ 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 />SEE ATTACHED EXHIBIT "A" <br />The property is located in Hal l at 120 EAST 3RD ST <br />(County) <br />GRAND ISLAND Nebraska 68801 <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 LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 250, 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 08/17/2000 Loan No: 0173050397 <br />NEBRASKA - DEED OF TRUST MOT FOR FNMA, FHLMC, FHA OR VA USE) /page 7 of 4/ <br />(D 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800. 397.2341) Form RE -DT -NE 10127197 <br />(M C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />7a n <br />rn Z <br />C !rnl S <br />n f1 <br />i <br />�� <br />O <br />n Cn <br />C� <br />rr <br />.� <br />M V► t~n <br />fl i /v <br />O <br />o _a <br />C_' Z' <br />N <br />� <br />rn �. :,.ti <br />c-� <br />--� r_� <br />c�J <br />G7 <br />1 ca` <br />F� <br />O <br />o �1 <br />—rl —. <br />CD <br />O <br />Cn <br />o <br />r <br />N <br />Co <br />O <br />Ln <br />o <br />State of Nebraska Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />® Construction Security Agreement <br />_ <br />1. <br />DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug 17, <br />2000 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: DOUGLAS A HOUGH and MIA M HOUGH, HUSBAND AND WIFE <br />120 EAST 3RD ST <br />GRAND ISLAND, NE 68801 <br />EJ 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 />SEE ATTACHED EXHIBIT "A" <br />The property is located in Hal l at 120 EAST 3RD ST <br />(County) <br />GRAND ISLAND Nebraska 68801 <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 LIMIT. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 250, 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 08/17/2000 Loan No: 0173050397 <br />NEBRASKA - DEED OF TRUST MOT FOR FNMA, FHLMC, FHA OR VA USE) /page 7 of 4/ <br />(D 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800. 397.2341) Form RE -DT -NE 10127197 <br />(M C165(NE) (9808) VMP MORTGAGE FORMS - (800)521 -7291 <br />