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<br /> State of Nebraska Space Above This Line For Recording Data
<br /> REAL ESTATE 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) is12/15/1999
<br /> ----------- -- -- - --
<br /> and the parties, their addresses and tax identification numbers, if required, aze as follows:
<br /> TRUSTOR:LARRY D CORNELIUS HUSBAND AND WIFE ELOISE A CORNELIUS
<br /> 1808 VIRGINIA DRIVE
<br /> GRAND ISLAND, NE 68803
<br /> D 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
<br /> BENEFICIARY:
<br /> Home Federal Savings and Loan Association of Grand Island
<br /> 221 South Locust Street
<br /> Grand Island, NE 68801
<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 /> FRACTIONAL LOT SEVEN (7) , IN FRACTIONAL BLOCK ONE (1) OF RUSSEL WHEELER'S ADDITION
<br /> AND ITS COMPLEMENT TO WIT: THE WESTERLY THIRTY THREE FEET (W33') OF FRACTIONAL
<br /> LOT SEVEN (7) IN FRACTIONAL BLOCK ONE HUNDRED �TWENTY-SIX (126) , IN UNION PACIFIC
<br /> RAILWAY COMPANY'S SECOND ADDITION, BOTH ADDITIONS BEING IN THE CITY OF GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA.
<br /> Thepropertyislocatedin __ Hall_____________ ___ at 112 W 7TH ST
<br /> - ---- -- -
<br /> - -----
<br /> (County) --- - - -
<br /> - - -- - - -- --- - -- - - -- --- - -- '
<br /> ___ ____GRAND ISLAND_ _ ___ , Nebraska 68801
<br /> (Address) �C��,� -- -- - -
<br /> (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 refened to as "Property").
<br /> 3. MAXIMUM OBLIGATION LIMIT. T'he total principal amount secured by this Security Instrument at any one time
<br /> shall not exceed$20168.23 __ . This limitation of amount does not include interest and other
<br /> fees and chazges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made
<br /> under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants
<br /> contained in this Security Instrument.
<br /> 4. SECURED DEBT AND FUTCTRE 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
<br /> described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify
<br /> the debt(s)secured and you should include the final maturity date of such debt(s).)
<br /> NEBRASKA-HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA,FHLMC,FHA OR VA USE) (page 1 of 4J
<br /> Q 1994 8ankers Systems,Inc.,St.Cloud,MN Form OCP-REDT-NE 1/13/99
<br /> ��C4651NE)�ssozl.o2 VMP MORTGAGE FORMS-180015 2 1-7 2 9 1
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