|
rn n (1) M
<br />C M CA
<br />n z _ o�
<br />( ry.
<br />Y� —q = N �7 C::3 iZ CC
<br />c.� —f O .
<br />-� to
<br />© m -13 a m o
<br />0 3 r— _
<br />\ c.3 r x
<br />co
<br />CID _ N °Z
<br />0
<br />State of Nebraska Space Above This Line For Recording Data
<br />172054955 REAL ESTATE DEED OF TRUST
<br />(With Future Advance Clause) Q
<br />0 Construction Security Agreement
<br />Master form recorded by
<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is May- _07, _2.0_0_4_
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />TRUSTOR:DEAN C RHOADS, AND and LUCILLE RHOADS, HUSBAND AND WIFE
<br />1804 FREEDOM DR
<br />GRAND ISLAND, NE 68803 -4815
<br />01f checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and
<br />acknowledgments.
<br />TRUSTEE: 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 Trustot'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 THIRTEEN (13), FREEDOM ACRES SUBDIVISION, IN HALL COUNTY, NEBRASKA.
<br />The property is located in Hall - - - - - - - - - - - - - at 1804 FREEDOM DR
<br />---------------------- (County)
<br />GRAND ISLAND_--- - - - - - , Nebraska-_68803- 4815 --
<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
<br />shall not exceed $ 23, 000 . o This limitation of amount does not include interest and other
<br />fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br />contained in this 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(ies) or other evidence of debt
<br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br />the debt(s) secured and you should include the final maturity date of such debt(s).)
<br />A Line of Credit Agreement dated 05/07/2004
<br />NEBRASKA -HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) L 1A 11�'Gxe
<br />JEp(15L_m (D 1994 Bankers Systems, Inc., S1. Cloud, MN Form OCP- REDT -NE 1/30/2002 1i ►L`-'��
<br />(M C465(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291
<br />
|