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TRUSTEE: <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 FOUR (4) IN BLOCK THREE (3) IN LE HEIGHTS SECOND SUBDIVISION, BEING A PART OF <br />THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER (NW1 14NW114) OF SECTION ELEVEN <br />(11), TOWNSHIIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., IN HALL <br />COUNTY, NEBRAKSA <br />The property is located in - Hall at 2319 STARDUST LANE <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 <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 />O 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />dM - C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />a 0 r, <br />= D <br />M tr, <br />2 D <br />M = <br />O <br />l'-+ <br />Q <br />O <br />c a <br />OM <br />o <br />z <br />ry D <br />M <br />C <br />M <br />O <br />O CAD <br />M <br />O <br />a c <br />►—+ <br />v <br />CIO, <br />rNa <br />Co CD <br />N <br />State of Nebraska <br />Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />E] Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isil /07/20_0.1_- <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />o <br />TRUSTOR:HOWARD E JOHNSON HUSBAND AND WIFE ROBERTA J JOHNSON HUSBAND AND WIFE <br />4 <br />2319 STARDUST <br />LANE <br />GRAND ISLAND, <br />NE 68803 <br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their <br />signatures <br />and <br />acknowledgments. <br />TRUSTEE: <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 FOUR (4) IN BLOCK THREE (3) IN LE HEIGHTS SECOND SUBDIVISION, BEING A PART OF <br />THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER (NW1 14NW114) OF SECTION ELEVEN <br />(11), TOWNSHIIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., IN HALL <br />COUNTY, NEBRAKSA <br />The property is located in - Hall at 2319 STARDUST LANE <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 <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 />O 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />dM - C465(NE) (9902).02 VMP MORTGAGE FORMS - (800)521 -7291 <br />