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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST
<br /> (With Future Advance Clause) .C—'i
<br /> � Construction Security Agreement �
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is August 10, 1999 �
<br /> and the parties, their addresses and ta�c identification numbers, if required, are as follows:
<br /> TRUSTOR: JAMES KRAMER AND LYNETTE KRAMER HUSBAND AND WIFE
<br /> 3216 HOMESTEAD DR
<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 /> 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 sale, the following described
<br /> property:
<br /> LOT ONE (1) . WILDWOOD SECOND SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> The property is located in Hdl l at CORNER ELK DRIVE AND
<br /> (c ounty)
<br /> WILDWOOD , GRAND ISLAND , 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 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. MAXIMLTM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ 160,125.00 . 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 FiJTURE 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. (4�en referencing t(ie de6ts delow it is
<br /> suggested tFiat you include itzms such as 6orrozcers' names, note amounts, interest raiss, maturit�dates, etc.)
<br /> A Promissory Note dated 08/10/1999 Loan No: 73050322
<br /> NEBNASKA - DEED OF TRUST (NOT fOfl FNMA,FHLMC,FHA OR VA USE) /page 1 of 4/
<br /> O 1994 Bankers Systams,Inc.,St.Cloud.MN 11-800-397�23411 Form RE�DT-NE 10127197
<br /> ��C165(NE) Isaoal VMP MORTGA�E FOflMS-18001521•7291
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