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IF) k, <br />0 <br />State of Nebraska 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) is08/23/2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:PATRICK D POWERS GERALYN C POWERS HUSBAND AND WIFE <br />4078 EDNA DR <br />GRAND ISLAND, NE 68803 -4801 <br />01f 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 />Equitable Federal Savings Bank of Grand Island <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 />LOT EIGHT (8) IN BLOCK TWO (2) IN GOSDA SUBDIVISION, PART OF THE SOUTHEAST QUARTER <br />OF THE NORTHEAST QUARTER (SE 1/4 NE 1/4) OF SECTION TWENTY -THREE (23), TOWNSHIP <br />ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M. IN HALL COUNTY, NEBRASKA <br />The property is located in <br />Hall <br />(County) <br />at 4 0 7 8 EDNA DR <br />GRAND ISLAND Nebraska 68803 -4801 <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 $ 86, 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) ( age 1 of p 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 St -; y4 <br />�� C465(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />M I <br />C) <br />Cat <br />^_° <br />CIO <br />of <br />a <br />c� <br />c <br />N <br />=- <br />Cn <br />V> �.. <br />CO <br />< T <br />C: <br />.� <br />H <br />c/i <br />.rG. 'CTI <br />cr <br />4 <br />" Q <br />(7 <br />.- 7 <br />r <br />�° <br />r- 10. <br />coo <br />CD <br />N <br />­J <br />C:) <br />200108711 <br />State of Nebraska 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) is08/23/2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:PATRICK D POWERS GERALYN C POWERS HUSBAND AND WIFE <br />4078 EDNA DR <br />GRAND ISLAND, NE 68803 -4801 <br />01f 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 />Equitable Federal Savings Bank of Grand Island <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 />LOT EIGHT (8) IN BLOCK TWO (2) IN GOSDA SUBDIVISION, PART OF THE SOUTHEAST QUARTER <br />OF THE NORTHEAST QUARTER (SE 1/4 NE 1/4) OF SECTION TWENTY -THREE (23), TOWNSHIP <br />ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M. IN HALL COUNTY, NEBRASKA <br />The property is located in <br />Hall <br />(County) <br />at 4 0 7 8 EDNA DR <br />GRAND ISLAND Nebraska 68803 -4801 <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 $ 86, 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) ( age 1 of p 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 St -; y4 <br />�� C465(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />