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I <br />�O <br />N <br />State of Nebraska <br />n <br />X <br />IM <br />n <br />rn <br />n <br />C <br />M CP <br />Y; <br />M <br />0 <br />m <br />0 <br />m ati <br />M <br />0 <br />rn <br />n <br />C-7) <br />rV <br />CJl <br />t—• <br />C) <br />CD <br />C-> (/,) <br />c � <br />Z M <br />--i <br />'{ O <br />O -*1 <br />T z <br />z m <br />D W <br />r �o <br />r a <br />U) <br />D <br />Cn <br />(Jn <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Oct _ 18, 2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: BETTY L PRICE, A SINGLE PERSON <br />JOSEPH J IGNOWSKI, A SINGLE PERSON <br />213 E 11TH <br />GRAND ISLAND, NE 68801 <br />0 <br />N <br />O <br />0 <br />t—+ <br />O <br />co <br />fV <br />CJ <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 Grand Island, NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <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 THREE (3) IN BLOCK TWENTY -NINE (29) OF RUSSEL WHEELER'S ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 213 E 11TH <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 $ $2, 618.43 . 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 10/18/2001 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page I af 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 7 �- <br />-C1 65(NE) (98081.01 r <br />® VMP MORTGAGE FORMS - (800)521-7291 <br />�A <br />co <br />C <br />CD <br />O <br />c.� <br />