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.1 <br />1� <br />�J a <br />Cin <br />State of Nebraska <br />805210 <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />E]Master form recorded by ------ ------- - _--------------------------------------------- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 19,-- 2.00_4 - <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LELAND H SMILEY and BEVERLY A SMILEY, HUSBAND AND WIFE <br />417 N WETZEL ST <br />GRAND ISLAND, NE 68801 <br />El 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 />NE <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 />TRACT 1) LOT SEVEN (7), IN FRACTIONAL BLOCK SIX (6), IN WALLICHS ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. (TRACT 2) LOTS ONE (1) AND TWO <br />(2), WETZEL'S SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Hal -1- _ - _ _ - at ? 1.1.18W 8TH ST _ & 417 N <br />(County) <br />WETZ_E_L ST. _ _ _ GRAND _ ISLAND _ _ - - _ _ ----- , Nebraska _ _ 68801-4118 <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 LEWr. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 55 -, 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 Beneficiay 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 03/19/2004 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ;;,�, tpag,�l f 41 <br />CAM Q 1994 Bankers Systems, Inc., St. Claud, MN Form RE -OT -NE 1/3012002 �� r <br />(M•CI MNE) (0301) VMP MORTGAGE FORMS - 1800)521.7291 <br />0 <br />M <br />n <br />n <br />M <br />v <br />n <br />O <br />n <br />M <br />CA <br />o —+ <br />c <br />TV <br />1 <br />Cl <br />—4 M <br />O <br />ti <br />N <br />N <br />t <br />m <br />N <br />-< <br />0 o <br />O <br />2 <br />° <br />co <br />m <br />C> 1 <br />O <br />.1 <br />M <br />r n <br />W <br />S <br />n <br />II—A <br />CD <br />s <br />�u> <br />co <br />r-1- <br />C" <br />Z <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement <br />E]Master form recorded by ------ ------- - _--------------------------------------------- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Mar 19,-- 2.00_4 - <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LELAND H SMILEY and BEVERLY A SMILEY, HUSBAND AND WIFE <br />417 N WETZEL ST <br />GRAND ISLAND, NE 68801 <br />El 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 />NE <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 />TRACT 1) LOT SEVEN (7), IN FRACTIONAL BLOCK SIX (6), IN WALLICHS ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. (TRACT 2) LOTS ONE (1) AND TWO <br />(2), WETZEL'S SUBDIVISION, HALL COUNTY, NEBRASKA. <br />The property is located in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Hal -1- _ - _ _ - at ? 1.1.18W 8TH ST _ & 417 N <br />(County) <br />WETZ_E_L ST. _ _ _ GRAND _ ISLAND _ _ - - _ _ ----- , Nebraska _ _ 68801-4118 <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 LEWr. The total principal amount secured by this Security Instrument at any one time shall <br />not exceed $ 55 -, 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 Beneficiay 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 03/19/2004 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) ;;,�, tpag,�l f 41 <br />CAM Q 1994 Bankers Systems, Inc., St. Claud, MN Form RE -OT -NE 1/3012002 �� r <br />(M•CI MNE) (0301) VMP MORTGAGE FORMS - 1800)521.7291 <br />0 <br />