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TRUSTOR:DONALD L SNODGRASS <br />JANET E SNODGRASS, husband and wife,jointly each in own right, <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />First Federal Lincoln Bank <br />P.O. Box 83009 1235 'N' Street <br />Lincoln, NE 68501 <br />BENEFICIARY: <br />First Federal Lincoln Bank <br />1235 'N' St / PO Box 83009 <br />Lincoln, NE 68501 <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 3, BLOCK 16, IN THE CITY OF WOOD RIVER, HALL COUNTY, NEBRASKA. <br />The property is located in __ _ ___________ __ Hall - - -_ - -- at 1_ <br />- 07 E 11TH - - - - - ST - - - -- <br />(County) <br />---------------------------------------------- - - - - -- ° - -- -WOOD RIVER------------ - - - - -- , Nebraska -- ---- <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. MAIIIMUM OBLIGATION LE WIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $ _$ 2 4 ,_ 0 0 0 ._ 00 This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this 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 <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Promissory Note dated 07/05/2001 Loan No: 0166002781 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) p (page f <br />(D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13199 <br />®C4651NE1 199021.01 VMP MORTGAGE FORMS - (800)521 -7291 <br />M 2 <br />D <br />Z 2 <br />m D n <br />o <br />(f) <br />o 'f1 <br />V <br />Cn <br />co <br />x <br />1-- <br />--4 rrl <br />O CD <br />I�" <br />r <br />—< p <br />O C2. <br />i� <br />rT1 <br />\ <br />o <br />n <br />O <br />-73 <br />37- tTJ <br />� <br />O <br />en <br />O <br />p <br />cn <br />tom" <br />Gsn <br />C <br />N <br />O <br />W <br />O <br />O <br />CD <br />} <br />Ln <br />Z. <br />0 <br />State of Nebraska Space Above This <br />Line <br />For Recording <br />Data <br />- <br />— <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />S <br />Construction Security Agreement <br />n <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isJul ... <br />05,___20.0.1 <br />- ____-- <br />_ - -___ _______ <br />~\r <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:DONALD L SNODGRASS <br />JANET E SNODGRASS, husband and wife,jointly each in own right, <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />First Federal Lincoln Bank <br />P.O. Box 83009 1235 'N' Street <br />Lincoln, NE 68501 <br />BENEFICIARY: <br />First Federal Lincoln Bank <br />1235 'N' St / PO Box 83009 <br />Lincoln, NE 68501 <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 3, BLOCK 16, IN THE CITY OF WOOD RIVER, HALL COUNTY, NEBRASKA. <br />The property is located in __ _ ___________ __ Hall - - -_ - -- at 1_ <br />- 07 E 11TH - - - - - ST - - - -- <br />(County) <br />---------------------------------------------- - - - - -- ° - -- -WOOD RIVER------------ - - - - -- , Nebraska -- ---- <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. MAIIIMUM OBLIGATION LE WIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $ _$ 2 4 ,_ 0 0 0 ._ 00 This limitation of amount does not include interest and other <br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this 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 <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Promissory Note dated 07/05/2001 Loan No: 0166002781 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) p (page f <br />(D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13199 <br />®C4651NE1 199021.01 VMP MORTGAGE FORMS - (800)521 -7291 <br />