|
� �
<br /> � , rn n co c� �.
<br /> C� n � n � co o D ''�r"1
<br />�� D U � � � � z � � c'��
<br /> � � v7 m � � � o � �
<br />� � ' � ��, � o � t---� c�n
<br /> � v � = m
<br /> rn S --� > a� o �
<br /> m � r � cn
<br />�. � o � � n tn �'
<br /> h � � � N � � �
<br />� � C.�J •_..v N �
<br /> , � � cn � �
<br /> C Q �
<br /> State of Nebraska Space Above This Line For Rewrding Data �
<br /> DEED OF TRUST ` ��
<br /> (With Future Advance Clause) gg1��J���
<br /> 0 Construction Security Agreement
<br /> 1. DATE AND PARTIES. T'he date of this Deed of Trust(Security Instrument) is May_ 1_1_,_ 1999 _
<br /> ------
<br /> and the parties, their addresses and ta�c identification numbers, if required, are as follows:
<br /> TRUSTOR: DAVID J 3TODDARD and ECATHY STODDARD HUSBAND AND WIFE
<br /> 1607 S HARRISON
<br /> GRAND ISLAND, NE 68801
<br /> ❑ 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 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 Trustar'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 ONE (1) , FARMINGTON SUSDIVI3ION, GRAND ISLAND, HALL COUNTY, NEBRA3RA.
<br /> The property is located in Hall at 1607 3 HARRISON
<br /> -----------------�Counry)---------
<br /> ----------------------------- '
<br /> GRAND ISLAND__ , Nebraska_ 68801_____
<br /> (Address) (City) (
<br /> ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and ripazian
<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 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$ 10�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 a11 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 05/11/1999
<br /> N�RASKA-D�OF TRUST (NOT FOR FNMA,FHIMC,FHA OR VA US� (page 1 of 4)
<br /> �c 1994 BankeraSystems,Inc.,St.Cloud,MN(1-800-397-2341) Form RE-DT-NE 10/27/97
<br /> �-C165(Nq(9808).08 VMP MORTGAGE FORMS-(800)521-7291
<br />
|