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1) r) <br />' T n x O c° n CD M <br />2 = � o Z <br />im m c _1 M O <br />p O <br />Z N � <br />v = M y <br />rn "a T+ co F- A <br />M �e <br />Q N Cf) CO <br />cn ...� <br />W to F-+ Q <br />• <br />State of Nebraska Space Above This Line For Recording Data <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 Oct 19, 2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: TOBY MOHLER, AND <br />STEPHANIE MOHLER, , HUSBAND AND WIFE <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 />Parcel A: Lots one (1), two (2), eight (8), nine (9), and ten (10), block nine (9), <br />Packer and Barr's Addition to the city of Grand Island, Hall County, Nebraska. <br />Parcel B: Lots two (2), three (3), four (4), and five (5), six (6), and seven (7), <br />block sixteen (16), Packer and Barr's Addition to the city of Grand Island. Parcel <br />C: All of lot five (5), inthe North twenty -eight (28) feet of lot four (4), block <br />seven (7), Packer and Barr's Addition to the city of Grand Island, Hall county, <br />Nebraska. Parcel-P; ;' Lot twelve (12), block twelve (12), Bogg's and Hill Addition <br />to the city of Grand Island, Hall County, Nebraska. <br />The property is located in Hall at 404 N BROADWELL <br />(County) <br />GRAND ISLAND Nebraska 68803 <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 $ $239, 4 84.7 2 . 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 10/19/2001 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />IM -C (9808).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />