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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 /> 0 Construction Security Agreement
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is December _13.__1999__ ___ ___
<br /> _
<br /> and the pazties, their addresses and tax identification numbers, if required, aze as follows:
<br /> TRUSTOR: CLARENCE SHUDA
<br /> VERONICA SHUDA, HUSBAND AND WIFE
<br /> 1004 WORMS RD
<br /> GRAND ISLAND. NE 68801
<br /> D 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 sa1e, the following described
<br /> property:
<br /> LOT FIVE (5) , BLOCK THREE (3) PONDEROSA LAKE ESTATES FOURTH SUBDIVISION AN ADDITION
<br /> TO THE CITY OF GRAND ISLAND, HALL COUNTY. NEBRASKA
<br /> The property is located in _________ H_al l _ at 325 PONEROSA DRIVE
<br /> ---- --
<br /> - ---- -------
<br /> (county)
<br /> ----- -- -- ---- ---- GRAND_ISLAND--- --- --- , Nebraska_-- -68803_ _
<br /> ---------- ---- - , _--
<br /> (Address) (Ciry) (ZIP Code)
<br /> Together with a11 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(a11 referred to as "Property").
<br /> 3. MAXIMUM OBLIGATION LIMTI'. The total principal amount secured by this Security Instrument at any one time sha11
<br /> not exceed$ 144,375.00 . 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 Secwity 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 a11 promissory note(s), contract(s), guaranty(s) or other evidence of debt described
<br /> below and all their extensions, renewals, modifications or substitutions. (�Y1Fien referencing tFie rfe6ts 6eCow it is
<br /> suggesierf�iat you include items suck as 6orrouers' names, note amounts, interest rat�s, mat:crity�fairs, eir.)
<br /> A Promissory Note dated 12/13/1999 Loan No: 73050066
<br /> NEBRASKA - DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) /page 1 af 4/
<br /> Qc 1994 Bankers Systems,Inc.,St.Cloud,MN I1•800•397•23411 Form flE•DT•NE 10127197
<br /> ��C1651NE) Iseoel VMP MORTGAGE FORMS-(8001521-7291
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