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<br /> � Space Above Tltis Line For Recording Data �U os ooay�-
<br /> —State of Nebraska �
<br /> 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) is ________________________ _______
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: CONSTANCE K 3WANSON-KER3TEN and MARK E KERSTEN HU3SAND AND WZFE
<br /> 2003 W KOENIG
<br /> GgAND IgLAND, NE 68803-5440
<br /> D If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: Earl D Ahlschwede, Attorney
<br /> GRAND ISLAND,
<br /> BENEFICIARY:Equitable Buildinq and Loan Association
<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 /> I�OT ONE (1) , AND THE EASTERLY TWELVE (12) FEET OF LOT TWO (2) , IN FRACTIONAL BLOCK
<br /> SEVENTEEN (17) , IN CHARLES WA:3MER'S ADDITION TO THE CITY OF GRAND ISLAND, HAI+L
<br /> COtJNTY, NEBRASKA.
<br /> Thepropertyislocatedin______�L � at 2003_W ROENIG____ __________
<br /> ------ --�Counry)---
<br /> ________GRAND_ISLAND_________ , Nebraska__ 68803_-5440 __
<br /> ----- --------- (Address)-------------- ' �C��� �
<br /> ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas righfs, 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(a11 referred to as "Property").
<br /> 3. MAXIMi1M OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shatl
<br /> not exceed$ 75,000.00 ____________________ • 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, maturiry dates, etc.)
<br /> A Promissory note and security agreement dated Apr i 1 1 , 1999
<br /> N�RASKA-D�OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE� — (pBgB 'I Of 4�
<br /> �1994 Bankers Systems,Inc.,St.Cloud,MN(1-800397-2341) Form RE-DT-NE 10127/97
<br /> �-C165(Nq(seoe).08 VMPMORTGAGEFORMS-(800)521-7291
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