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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> DEED OF TRUST C�
<br /> (With Future Advance Clause)
<br /> � Construction Security Agreement
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is August _2_0,__1999_______________��l \
<br /> and the parties, their addresses and tax identification numbers, if required, aze as follows: p^
<br /> TRUSTOR: RONALD P PFENNING AN ZJ1�Il�tARRIED PERSON
<br /> �
<br /> 839 E CAPITAL AVE
<br /> GRAND ISLAND, NE 68801
<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:The Equitable Building & Loan Association, FSB
<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 Securrty Instrument, Trustor irrevocably
<br /> grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, with power of sa1e, the following described
<br /> property:
<br /> SEE ATTACHED EXHIBIT "A"
<br /> Thepropertyislocatedin_ ______________ Hall _________ at 839 E CAPITAL AVE
<br /> _ ---- ------- ---
<br /> (Counry)
<br /> , GRAND ISLAND Nebraska 68801__ _
<br /> -- - - ---—------------------ ---------—--------------- - - , _
<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 sha11
<br /> not exceed$ 10�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 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 a11 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, maturiry dates, etc.)
<br /> A Promissory Note dated 08/20/1999 Loan No: 74802025
<br /> N�RASKA-D�OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA US� (page 1 of 4)
<br /> � 1994 Bankers Systems,Inc.,St.Cloud,MN(1-800397-2341) Form RE-DT-NE 10/27/97
<br /> �-C165(Nq�seoe) VMP MORTGAGE FORMS-(800)521-7291
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