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<br /> State of Nebraska Space Above This Line For 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 N_ovember 05,_ 1999
<br /> and the parties, their addresses and ta�c identification numbers, if required, are as follows:
<br /> TRUSTOR: HERBERT H WORTHINGTON, AND and JENNIFER L WORTHINGTON, HUSBAND AND WIFE
<br /> 4262 PENNSYLVANIA AVE
<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:
<br /> Earl D Ahlschwede, Attorney
<br /> BENEFICIARY:
<br /> 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 ONE (1) , BLOCK TWO (2) , CAPITAL HEIGHTS SUBDIVISION. HALL COUNTY, NEBRASKA.
<br /> The property is located in Hal_1__ ____ at 4262_ PENN$YLVANIA AVE_ __ __
<br /> -- - _ __ _-- -- -
<br /> (County)
<br /> _ _____ , _ GRAND ISLAND______ _ __ , Nebraska_ _ 68803__
<br /> — --- - ------------------ - ------—-- -- - -
<br /> (Address) (City) (ZIP Code)
<br /> Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian
<br /> rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may
<br /> now, or at any time in the future, be part of the real estate described above(all referred to as"Property").
<br /> 3. MAXIMiJM OBLIGATION LIlVIIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ 30,000.00 . 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. ('Y�en referencing tFie de6ts 6elow it is
<br /> stggeste�f tFiat you inclrufe items suck as dorrou.ers' names, nvte amounis, interest rates, maturity dates, et�.)
<br /> A Promissory Note dated 11/05/1999 Loan No: 72052741
<br /> NEBRASKA - DEED OF TRUST �NOT FOR FNMA,FHLMC,FHA OR VA USE) /(p f 4/
<br /> c0 1994 Bankers Systems,Inc.,St.Cloud,MN I1•800�397•2341) Form flE-OT-NE 10127197 \f�J��
<br /> ��C165(NE) Iseoel ,
<br /> VMP MOHTGAGE FORMS-(800�521-7291
<br />
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