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M = D x-17 <br />C m En v <br />�rl'1 nno= s on °m <br />M D S!' cam—_ m CD �. <br />T CD <br />�(� o O <br />y Ut 1 m NN <br />W O <br />C) rn r-F <br />rn 3 r <br />r n <br />N �� �= <br />`J' cn o Z <br />State of Nebraska Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />E Construction Security Agreement <br />0 Master form recorded by___ _______ _____ ________ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 14 , 2004 <br />— <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR:RONALD P PFENNING <br />MARGARITA PFENNING, HUSBAND AND WIFE <br />839 E CAPITAL AVE <br />GRAND ISLAND, NE 68801 <br />If checked, refer to the attached Addendum incorporated herein, <br />acknowledgments. <br />TRUSTEE: <br />�S c� <br />for additional Trustors, their signatures and <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N Locust St <br />Grand Island, NE 68801 <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 />SEE ATTACHED EXHIBIT "A" <br />The property is located in _ _ — _ _ _ — — Hall — — _ _ — _ _ _ at 839 E CAPITAL AVE <br />(County) <br />--——— — — — — <br />— - <br />— — — _ _ _ — — _ _ — — — — — _ , — _ _ _ GRAND ISLAND _ _ — — 'Nebraska — 68801 <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 <br />shall not exceed $ 7 0, 0 0 0.0 0 This limitation of amount does not include interest and other <br />— — — — — — — — — — — — — — <br />fees and charges 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 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(ies) 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 />A Line of Credit Agreement dated 07/14/2004 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) page t of 4) <br />Ej� (D 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 <br />dM C465(NE) (0301) VMP MOPTGACf FORMS - X1800)521 -7291 �{�� <br />