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State of Nebraska <br />m <br />C <br />-= <br />o —A <br />Z D <br />_ <br />(= D <br />a <br />EH <br />n CA <br />M <br />Z <br />-71 -. <br />M <br />ra <br />rn <br />r v <br />t:::) <br />r n <br />rn <br />�C <br />= <br />� <br />GJ <br />� <br />n <br />Cn <br />co <br />o�. <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />Orn <br />N� <br />C:D (gyp <br />O N <br />s <br />O=3 <br />C.n n <br />s <br />C rI CD <br />Z <br />O <br />,-? 0. 5' O <br />E] Master form recorded by — _ — — — — — — _ — — <br />— — — — — — — — — — — — — — — — — - <br />m <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instruent) is <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LUE J ALLAN JR and MARGARET V ALLAN, HUSBAND AND WIFE <br />4079 STAUSS RD <br />GRAND ISLAND, NE 68803 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P.O. Box 790 <br />Grand Island, NE 68802 -0790 <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 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 THIRTEEN (13), GARLAND PLACE, GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 4 0 7 9 STAUS S RD <br />(County) <br />———— _——— —_ —_ -, — _ — GRRAND 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 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 $ 11, 085.50 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. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note datedMay 21, 2004. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (Page 1 of 4) <br />JE�j- M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />®C165(NE) (030 1) VMP MORTGAGE FORMS - (800)521 -7291 <br />C <br />-= <br />o —A <br />, <br />., <br />(= D <br />7 <br />EH <br />z --a <br />M <br />-71 -. <br />M <br />ra <br />rn <br />r v <br />t:::) <br />r n <br />rn <br />� <br />GJ <br />� <br />n <br />Cn <br />co <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />Orn <br />N� <br />C:D (gyp <br />O N <br />s <br />O=3 <br />C.n n <br />s <br />C rI CD <br />Z <br />O <br />,-? 0. 5' O <br />E] Master form recorded by — _ — — — — — — _ — — <br />— — — — — — — — — — — — — — — — — - <br />m <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instruent) is <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: LUE J ALLAN JR and MARGARET V ALLAN, HUSBAND AND WIFE <br />4079 STAUSS RD <br />GRAND ISLAND, NE 68803 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <br />Arend R. Baack, Attorney <br />P.O. Box 790 <br />Grand Island, NE 68802 -0790 <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 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 THIRTEEN (13), GARLAND PLACE, GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hall at 4 0 7 9 STAUS S RD <br />(County) <br />———— _——— —_ —_ -, — _ — GRRAND 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 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 $ 11, 085.50 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. (When referencing the debts below it is <br />suggested that you include items such as borrowers' names, note amounts, interest rates, maturity dates, etc.) <br />A Promissory Note datedMay 21, 2004. <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (Page 1 of 4) <br />JE�j- M (D 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 <br />®C165(NE) (030 1) VMP MORTGAGE FORMS - (800)521 -7291 <br />