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<br /> DEED OF TRUST ��
<br /> (Witl� Future Advance Clause) �
<br /> � Constraction Securily Agreement
<br /> 1. DATE AND PAR"TIES. The date of this Deed of Trust(Security Instrument) is August 23. 1999 ��j
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> "['RUSTOR: GARY L HEDMAN AND DEANNA M HEDMAN HUSBAND AND WIFE.
<br /> 349 SUNSET DR
<br /> DONIPHAN. NE 68832
<br /> � If diecked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br /> acknowledgments.
<br /> T'RUS'I�EE: Earl D Ahl schwede. 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 Security Instrument, Trustor irrevocably
<br /> grants, conveys and sells to Trustee, in trust for the benefit of Beneficiazy, with power of sale, the following described
<br /> property:
<br /> LOT TWENTY FOUR (24) , AMICK ACRES WEST SUBDIVISION. HALL COUNTY, NEBRASKA.
<br /> The property is located in Hal l at #24 SUNSET DR
<br /> _(County) _ _ _ _ _
<br /> , DON I PHAN _ _ , Nebraska_ 68832_
<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 shall
<br /> not exceed $ 25.000.00 . 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 Beneftciary's security and to perform any of the covenants contained in this
<br /> Security Instrument.
<br /> 4. SECUREU DEB'T AND FUT'URE 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. ('l�en referencing ifie �fedis 6eCow it is
<br /> su��ester!�at you incCcufe itenrs suck as dorrouers' names, note amvunts, interest rates, maturity rfates, etr.)
<br /> A Promissory Note dated 08/23/1999 Loan No: 72052683
<br /> NEBRASKA • DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OH VA USEI ageJ f 4�J1,�
<br /> Q 1984 Bankers Systams,Inc.,SL Cloud,MN�1�800-387-2341) Form RE�DT�NE 10127187 i7�K������
<br /> ��C 1651NE) iseoe� VMP MORTGAGE FORMS�18001521-7291
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