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<br /> 99 110182 �
<br /> Statc of Nebraska Spacc Above Thi�l,fne�or Recording Data
<br /> DEED OF TRUST . �
<br /> (With Future Advance Clause) ��
<br /> � Construction Security Agreement ��
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is OCtobel^ 14, 1999 �
<br /> - -- ------- --- --- - - - U
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: EUGENE E MERKEL AND BETTY J MERKEL HUSBAND AND WIFE,
<br /> 815 N HOWARD AVE
<br /> GRAND ISLAND, NE 68803-3526
<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 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 EIGHT (8) , BLOCK EIGHT (8) . WEST VIEW ADDITION TO THE CITY OF GRAND ISLAND. HALL
<br /> COUNTY, NEBRASKA.
<br /> The property is located in Hal l at 815 N HOWARD AVE
<br /> -- ----- -- -- -
<br /> ----- -----
<br /> ------ ------
<br /> ---- --- ------- -
<br /> (C ounty)
<br /> _— — . . _ _
<br /> _ , ____ _ _ __GRAND_I SLAND___ ______ , Nebraska 68803-3526
<br /> �naa�ess� _
<br /> (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$ 5,500.00 . This limitation of amount does not include interest and other fees
<br /> _- - _ .
<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 all their extensions, renewals, modifications or substitutions. (�Ylrien referencing t�re dedis defow it is
<br /> suggesde�t tliat you incfude items suck as dorrouers' names, note amounts, interest rates, maturity rfates, etc.)
<br /> A Promissory Note dated 10/14/1999 Loan No: 74802045
<br /> NEBRASKA - DEED OF THUST INOT FOR FNMA,FHLMC,FHA OR VA USE) Q��pggB—�
<br /> y
<br /> Q 1990 Bsnkera Systema,�nc.,St.Cla�d,MN I1-800-397-2341) Form RE•DT•NE 10127197 �,�,
<br /> ��C1651NE) iseoel VMP MORTGAOE FOHMS•18001521-7281
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