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<br />, State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST ��
<br /> (With Future Advance Clause) �
<br /> � Construction Security Agreement C�
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Secwity Instrument) is Apri_1_ 30,_ 1999 �
<br /> - - -----------------
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: JAME3 M ENGLI$H AN UDII�RRIED PERSON,
<br /> 613 N CU3TER AVE
<br /> GRAND I3LAND, NE 68803
<br /> D If checked, refer to the attaahed Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> TRUSTEE: Earl D Ahlschwede, Attorney
<br /> GRAND I3LAND,
<br /> BENEFICIARY:Equitable Building 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 inevocably
<br /> grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sale, the following described
<br /> property:
<br /> SUITE NO. 3IX (6) , THE APPLEWOOD COND�IINIUM REGIME I, IN THE CITY OF GRAND ISLAND,
<br /> N�T•T• COUNTY, NESRA3KA.
<br /> The property is located in____ at 613 N CUSTER AVE
<br /> --------------------- -----------------------
<br /> (County)
<br /> ----------------------------- , -------GRAND_ISLAND-------- , Nebraska 68803
<br /> -----------
<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 a11 existing and future improvements, structures, fixtures, and replacements that may
<br /> now, or at any time in the future, be pazt of the real estate described above(a11 referred to as "Property").
<br /> 3. MAXIMiTM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time sha11
<br /> not exceed$20�661.00 . This limitation of amount does not include interest and other fees
<br /> and chazges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under
<br /> the terms of this Security Instrument to protect Beneficiary's secwity and to perform any of the covenants contained in this
<br /> Security Instrument.
<br /> 4. SECURED DEBT AND FLTTURE ADVANCES. The term"Secured Debt" is defined as follows:
<br /> A. Debt incurred under the terms of all promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br /> below and a11 their extensions, renewals, modifications or substitutions. (When referencing the debts below it is
<br /> suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.)
<br /> A Promissory note and security agreement dated 04/30/1999
<br /> N�RASKA-D�OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA US� (page 1 of 4)
<br /> �1994 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-2341) Form RE-DT-NE 10/27/97
<br /> ��165(Nq(9808).�$ VMP MORTGA�E FORMS-(800)521-7291
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