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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 14, IN BLOCK D, IN PARKVIEW SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />The property is located in Hall at 2425 COMMERCE AVE <br />- - - - -- --- - - - - -- --------------- - -- <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 <br />shall not exceed $ $60 , 0. 00.00 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 deht(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 12/18/2001 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 1Q� J <br />-0466 (NE) (9902).01 VM P MORTGAGE FORMS - (800)521 -7291 W1 <br />O <br />f si C M (An <br />S D m <br />>, <br />L) <br />c� <br />z <br />_( M <br />rV <br />co <br />C:) —4 C) <br />pZ <br />m N <br />-t o <br />co <br />N c. <br />Q <br />17\3 <br />O Tl <br />C=3 C2- <br />, <br />O <br />rn <br />~ y <br />�0 <br />T <br />'f <br />rn <br />ti ; <br />= <br />D m <br />i—► ..�. <br />fTI <br />CD <br />) <br />N <br />...� <br />CD <br />W <br />W <br />�a <br />State of Nebraska Space Above This <br />Lhie For <br />Recording <br />Data <br />REAL ESTATE 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) isDec <br />18,_ <br />2001 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />- <br />TRUSTOR:KEITH H PIRNIE, and <br />PATRICIA A PIRNIE, husband & wife, jointly each in <br />own <br />right <br />2425 COMMERCE AVE <br />GRAND ISLAND, NE 68801 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, <br />their signatures <br />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 14, IN BLOCK D, IN PARKVIEW SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />The property is located in Hall at 2425 COMMERCE AVE <br />- - - - -- --- - - - - -- --------------- - -- <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 <br />shall not exceed $ $60 , 0. 00.00 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 deht(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 12/18/2001 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/13/99 1Q� J <br />-0466 (NE) (9902).01 VM P MORTGAGE FORMS - (800)521 -7291 W1 <br />O <br />