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'tom <br />M <br />n M N_ CA <br />D Z <br />M Q, <br />Ck <br />N <br />r <br />W <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE 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) isNov 29, - -- 2001__________________________ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:MICHELLE L SETLIK, and <br />JEFFERY D SETLIK, wife & husband, jointly each in own right <br />3008 SUNFLOWER DR <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: <br />First Federal Lincoln Bank <br />P.O. Box 83009 1235 'N' Street <br />Lincoln, NE 68501 <br />BENEFICIARY: <br />First Federal Lincoln Bank <br />1235 'N' St / PO Box 83009 Lincoln, NE 68501 <br />Organized and Existing Under the Laws of the United States of America <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 12, MEADOWLANE SUBDIVISION TO GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in - __ -_ Hall -------------------------------------- at 3008 SUNFLOWER DR <br />(County) <br />------------------------------------------------------------- - - - - -- GRAND ISLAND----------- - - - - -- , Nebraska- - - - - -- 6.8801 <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 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 $-$-8-,-0-0-0--.-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 debts) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 11/29/2001 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) JS (paged <br />O <br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />- C465(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />m <br />94 <br />I <br />CD <br />O <br />0 <br />° <br />C, (n <br />�—' <br />o --a <br />o <br />CZ n <br />N <br />M <br />rrt <br />r� <br />cn <br />��, <br />0 <br />o <br />o q\ <br />o 'n <br />O <br />W <br />o ( <br />S M <br />M <br />D <br />-3 <br />Cb <br />�c <br />W <br />cn <br />.,� <br />W <br />t—� <br />Cn <br />CC) <br />W <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE 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) isNov 29, - -- 2001__________________________ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:MICHELLE L SETLIK, and <br />JEFFERY D SETLIK, wife & husband, jointly each in own right <br />3008 SUNFLOWER DR <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: <br />First Federal Lincoln Bank <br />P.O. Box 83009 1235 'N' Street <br />Lincoln, NE 68501 <br />BENEFICIARY: <br />First Federal Lincoln Bank <br />1235 'N' St / PO Box 83009 Lincoln, NE 68501 <br />Organized and Existing Under the Laws of the United States of America <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 12, MEADOWLANE SUBDIVISION TO GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The property is located in - __ -_ Hall -------------------------------------- at 3008 SUNFLOWER DR <br />(County) <br />------------------------------------------------------------- - - - - -- GRAND ISLAND----------- - - - - -- , Nebraska- - - - - -- 6.8801 <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 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 $-$-8-,-0-0-0--.-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 debts) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 11/29/2001 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) JS (paged <br />O <br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 <br />- C465(NE) (9902).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />m <br />94 <br />I <br />CD <br />O <br />0 <br />