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<br /> Stste of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST �
<br /> �� :�0 '7 3 2 8 (With Future Advance Clause)
<br /> 0 Construction Security Agreement _�
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is July 13,__1999___________ c>
<br /> and the parties, their addresses and tax identification numbers, if required, aze as follows: �
<br /> TRUSTOR: ROY W NIEMOTH AND TERRI L NIEMOTH HU3BAND AND WIFE,
<br /> 2308 W lOTH 3T
<br /> GRAND I3LAND, 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 /> 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 perfarmance 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 /> SOUTH THIRTY-FOUR FEET (S34') OF LOT FOURTEEN (14) AND THE WEST THIRTY-TWO FEET
<br /> (W32') OF LOT THIRTEEN (13) , BLOCK FOUR (4) , DILL & HUSTON'3 ADDITION TO THE CITY OF
<br /> GRAND I3LAND, HALL COUNTY, NEBRASKA.
<br /> The property is located in Hall at 2308 W lOTH ST
<br /> -----------------------
<br /> -----------------------
<br /> (County)
<br /> ------------------------- , ------GRAND_I3LAND-- - , Nebraska 68803
<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 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(a11 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$ 4,500_.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 F[JTURE 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 07/13/1999 I,oan No: 72052675
<br /> N�RASKA-D�OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA US� �7� f 4�
<br /> �J�
<br /> �1994 Bankers Systems,Inc.,St.Cloud,MN(1-800-397-2341) Form RE-DT-NE 10/27197 ' A/�
<br /> �-C165(Nq�seoe> VMP MORTGAGE FORMS-(800)521-7291
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