S A CONSTRUCTI 1SptffCtbpxa TIKs W4r Recording Data]
<br />THE NEBRASKA CONSTRUCTION LIEN ACT. UYDJEL�AEi.L IDY �I�O��F�J I IT�WRtJiU ST
<br />AND CONSTRUCTION SECURITY AGREEMENT
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on August 21st, 2000
<br />STEVEN P RASMUSSEN AND VICKIE K RASMUSSEN, HUSBAND AND WIFE
<br />( "Borrower "). The trustee is EARL D AHLSCHWEDE, ATTORNEY
<br />( "Trustee "). The beneficiary is THE EQUITABLE BUILDING & LOAN ASSOCIATION, FSB
<br />01- 20228720
<br />The trustor is
<br />which is organized and existing under the laws of THE STATE OF NEBRASKA , and whose
<br />addressis 113 -115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802 -0160
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />TWO HUNDRED FIFTY THOUSAND AND 00 /100
<br />Dollars (U.S. $250, 000.00 ).
<br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for
<br />monthly payments, with the full debt, if not paid earlier, due and payable on
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in HALL County, Nebraska:
<br />LOT EIGHTEEN (18), REGENCY BY THE GREEN SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />which has the address of 2306 STAGECOACH RD
<br />GRAND ISLAND [City], Nebraska 68801-7348
<br />NEBRASKA - Single Family- FNMAIFHLMC UNIFORM
<br />INSTRUMENT Form 3028 9190
<br />-6R(NE) 192121.06 Amended 5191
<br />VMP MORTGAGE FORMS - 18001521.7291
<br />Page 1 of 6 Initials: L11r__
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<br />S A CONSTRUCTI 1SptffCtbpxa TIKs W4r Recording Data]
<br />THE NEBRASKA CONSTRUCTION LIEN ACT. UYDJEL�AEi.L IDY �I�O��F�J I IT�WRtJiU ST
<br />AND CONSTRUCTION SECURITY AGREEMENT
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on August 21st, 2000
<br />STEVEN P RASMUSSEN AND VICKIE K RASMUSSEN, HUSBAND AND WIFE
<br />( "Borrower "). The trustee is EARL D AHLSCHWEDE, ATTORNEY
<br />( "Trustee "). The beneficiary is THE EQUITABLE BUILDING & LOAN ASSOCIATION, FSB
<br />01- 20228720
<br />The trustor is
<br />which is organized and existing under the laws of THE STATE OF NEBRASKA , and whose
<br />addressis 113 -115 N LOCUST ST PO BOX 160 GRAND ISLAND NE 68802 -0160
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />TWO HUNDRED FIFTY THOUSAND AND 00 /100
<br />Dollars (U.S. $250, 000.00 ).
<br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for
<br />monthly payments, with the full debt, if not paid earlier, due and payable on
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in HALL County, Nebraska:
<br />LOT EIGHTEEN (18), REGENCY BY THE GREEN SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />which has the address of 2306 STAGECOACH RD
<br />GRAND ISLAND [City], Nebraska 68801-7348
<br />NEBRASKA - Single Family- FNMAIFHLMC UNIFORM
<br />INSTRUMENT Form 3028 9190
<br />-6R(NE) 192121.06 Amended 5191
<br />VMP MORTGAGE FORMS - 18001521.7291
<br />Page 1 of 6 Initials: L11r__
<br />i
<br />[Zip Code] ( "Property Address ");
<br />[Street]
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