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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 C�
<br /> 1. DATE AND PARTIES. The date of this Deed of Trust(Security Instrument) is December 14, 1999
<br /> ----------------------- -
<br /> and the parties, their addresses and tax identification numbers, if required, are as follows:
<br /> TRUSTOR: RANDY A LEISER and MARY E LEISER, HUSBAND AND WIFE
<br /> 4016 EDNA DR
<br /> GRAND ISLAND, NE 68803-4801
<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. Far 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 TWO (2) IN BLOCK TFTO (2) , IN GOSDA SUBDIVI3ION PART OF THE 30UTHEAST QUARTER OF
<br /> THE NORTHEA3T QUARTER (3E1/4NE1/4) OF SECTION TWENTY THREE (23) , TOWN3HIP ELEVEN
<br /> (11) NORTH, RANGE TEN (10) WE3T OF THE 6TH PTZ, IN HALL COUNTY, NEBRA3KA.
<br /> The property is located in Hall at 4016 EDNA DR
<br /> ------------------------------ - -------------------------
<br /> (County)
<br /> ----- ------------------- , -------GRAND_I3LAND------- , Nebraska__ 68_8_03-4801 --
<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 LIMIT. The total principal amount secured by this Security Instrument at any one time shall
<br /> not exceed$ 5 000.00 . 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. (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 dated 12/14/1999 Loan No: 74802053
<br /> N�RASKA-D�OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA US� V�/�P�(Page 1 0 4�
<br /> �1994 BankersSystems,Inc.,St.Cloud,MN(1-800-397-2341) Form RE-DT-NE 10/27/97
<br /> �-C7 65(Nq�seoe> VMP MORTGAGE FORMS-(800)521-7291
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