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<br /> State of Nebraska Space Above This Li�For Recording Data
<br /> DEED OF TRUST
<br /> (With Future Advance Clause) �d��
<br /> � Construction Security Agreement C
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is May_ 25,_ 1999
<br /> -- --- ------ - - -__ __
<br /> and the parties, their addresses and ta�c identification numbers, if required, aze as follows:
<br /> TRUSTOR: Kyle L Reinhard and and Clydene E Reinhard Husband and Wife,
<br /> 1710 Allen Ct
<br /> Grand Island, NE 68803
<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 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 sa1e, the following described
<br /> property:
<br /> LOT THIRTY (30) IN R & B 3UBDIVISION, HALL COUNTY, NEBRASA.
<br /> Thepropertyislocatedin__ ____ ___ ____ ___ _ ____ at 1710 Allen Ct
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<br /> (County)
<br /> - - -- --- ---- --- --- - ---- -- °
<br /> Grand Island ___ _____ , Nebraska 68803
<br /> � -------- ---Ci— -
<br /> ---
<br /> (Address ( ty) (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. MAXIMiJM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ 15�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 all promissory note(s), contract(s), guaranty(s) ar 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 and security agreement dated 05/25/1999
<br /> NEBRASKA-D�OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE� (paqe 1 of 4)
<br /> c0 1994 BankersSystems,Inc.,St.Cloud,MN(1-800397-2341) Form RE-DT-NE 10/27/97
<br /> �-C165(Nq�seoe�.08 VM P MORTGAGE FORMS-(800)521-7291
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