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State of Nebraska <br />CD <br />1�R1I r *1 —I rT1 O <br />CD CD CD <br />C]. <br />O <br />f", . D r1 CD N <br />m Z3 r <br />Q; �- <br />co t F--A co Z <br />..., N CD <br />c� <br />c a <br />n cn � <br />cn z <br />0 <br />Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is08/25/2000 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:THOMAS H FAUSCH BARBARA A FAUSCH <br />2814 BRENTWOOD BLVD <br />GRAND ISLAND, NE 68801 <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P. O. Box 790 <br />Grand Island, NE 68802 <br />BENEFICIARY: <br />Home Federal Savings and Loan Association of Grand Island <br />221 South Locust Street <br />Grand Island, NE 68801 <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 2814 PINEWOOD CONDOMINIUM, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in Hall at 2814 BRENTWOOD BLVD <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 <br />shall not exceed $ 20, 000.00 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 />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />®C46b(NE) .ISSO2).oz VMP MORTGAGE FORMS - (800)521 -7291 <br />