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<br />� � � �. 11492
<br /> State of Nebraska Space Above This Gine For Recording Data
<br />� DEED OF TRUST
<br />� (With Future Advance Clause) �'
<br /> Q� 0 Construction Security Agreement O(�
<br />� 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is Noyember' 26, 1999 ��
<br /> -- --- -- ----- _ _
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: MICHAEL J LINGEMAN and DARLA K LINGEMAN, HUSBAND AND WIFE
<br /> 4264 NEVADA 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 FORTY FOUR (44) , IN CAPITAL HEIGHTS SEVENTH SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> The property is located in _ at 426_4_ NEVADA_AVE__
<br /> _ _ . _- ------------------
<br /> (County)
<br /> -------- ------ ___ __ _ . , __-----G_RAND_ISLAND--- --- -- , Nebraska _ _ _.68803
<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 a11 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 LINIIT. The total principal amount secured by this Security Instrument at any one time sha11
<br /> not exceed$30,000.00 . This limitation of amount does not include interest and other fees
<br /> - — _ - - - __-- ----- -
<br /> and chazges 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. (�Gt�ien referencing the dedts 6eCow it is
<br /> suggested tliat you incCude items such as 6orrou¢rs' names, note amounts, interest rates, maturity�f'aiss, etr.)
<br /> A Promissory Note dated 11/26/1999 Loan No: 72052808
<br /> NEBRASKA - DEED OF TRUST INOT FOR FNMA,FHLMC,FHA OR VA USE) (page 1 of 4J
<br /> Q 1994 Beokers Systems,Inc.,St.Cloud,MN�1�800�397-23411 Farm RE•DT-NE 10127197
<br /> ��C1 B5(NE) Isaoei VMP MORTGAGE FOflMS•18001521•7291
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