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�J <br />State of Nebraska <br />0 AA <br />Z D <br />�1 <br />W <br />o <br />c-> cn <br />m <br />7 <br />m > <br />C <br />M <br />c <br />-G <br />C'.) <br />O -n <br />CD <br />�1 <br />W <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dec 10, 2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: GERALD WAYNE BILLINGTON <br />AKA GERALD W BILLINGTON, AN UNMARRIED PERSON <br />1222 E 8TH ST <br />GRAND ISLAND, NE 68801 <br />CD <br />N <br />O CD <br />O co <br />N <br />CID <br />C <br />W <br />CD <br />~a <br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlschwede, Attorney <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <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 EIGHT (8), BLOCK THIRTY -TWO (32), IN LAMBERT'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 1222 E 8TH ST <br />(County) <br />GRAND ISLAND Nebraska 68801 <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 shall <br />not exceed $ $3, 570.50 . 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) or 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 dated 12/10/2001 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) n n (page 1 of 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />dM - C165(NE) (9808).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />a <br />o <br />c-> cn <br />7 <br />M <br />M <br />c <br />-G <br />C'.) <br />O -n <br />CD <br />Q �? - <br />= M <br />D <br />m ' <br />r <br />U1 <br />C, <br />O <br />� <br />D <br />co <br />Cn <br />Cn <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />El Construction Security Agreement <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Dec 10, 2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: GERALD WAYNE BILLINGTON <br />AKA GERALD W BILLINGTON, AN UNMARRIED PERSON <br />1222 E 8TH ST <br />GRAND ISLAND, NE 68801 <br />CD <br />N <br />O CD <br />O co <br />N <br />CID <br />C <br />W <br />CD <br />~a <br />If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlschwede, Attorney <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island, NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <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 EIGHT (8), BLOCK THIRTY -TWO (32), IN LAMBERT'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 1222 E 8TH ST <br />(County) <br />GRAND ISLAND Nebraska 68801 <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 shall <br />not exceed $ $3, 570.50 . 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) or 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 dated 12/10/2001 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) n n (page 1 of 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN (1- 800 - 397 -2341) Form RE -DT -NE 10/27/97 <br />dM - C165(NE) (9808).01 VMP MORTGAGE FORMS - (800)521 -7291 <br />a <br />