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State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />E::] Construction Security Agreement <br />W <br />0 Master form recorded by ------------------- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 13,2004 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: KENTON E SORENSEN and COLETTE S SORENSEN, HUSBAND AND WIFE, <br />303 E 19TH ST <br />GRAND ISLAND, NE 68801 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <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 />THE WEST NINETEEN FEET (191) OF LOT FOUR (4), AND THE EAST THIRTY EIGHT FEET (381) <br />OF LOT FIVE (5), IN BLOCK THREE (3), IN MORRIS SECOND ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in -- - - -- - Hall - _ at 303 E 19TH ST <br />(County) <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 shall <br />not exceed $ e , 610.70 This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this SP ,-r *;ry 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 07/13/2004 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page o 41 <br />E M Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/3012002 <br />(M C165(NE)(0301) VMP MORTGAGE FORMS- (800)521 -7291 <br />� <br />rn <br />� <br />c <br />M CA <br />v <br />c� cn <br />o <br />M <br />s <br />o� <br />D <br />N <br />c:_- <br />-� m <br />o <br />cD <br />t7 <br />C/) <br />r <br />r- <br />o <br />o <br />D. <br />oT <br />o <br />C) <br />0 <br />c� <br />D <br />rm*1 <br />CD <br />Crl l <br />CJ <br />� <br />Cn <br />Z <br />0 <br />State of Nebraska <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />E::] Construction Security Agreement <br />W <br />0 Master form recorded by ------------------- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Jul 13,2004 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUSTOR: KENTON E SORENSEN and COLETTE S SORENSEN, HUSBAND AND WIFE, <br />303 E 19TH ST <br />GRAND ISLAND, NE 68801 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Trustors, their signatures and <br />acknowledgments. <br />TRUSTEE: <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 />THE WEST NINETEEN FEET (191) OF LOT FOUR (4), AND THE EAST THIRTY EIGHT FEET (381) <br />OF LOT FIVE (5), IN BLOCK THREE (3), IN MORRIS SECOND ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in -- - - -- - Hall - _ at 303 E 19TH ST <br />(County) <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 shall <br />not exceed $ e , 610.70 This limitation of amount does not include interest and other fees <br />and charges validly made pursuant to this SP ,-r *;ry 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 07/13/2004 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page o 41 <br />E M Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/3012002 <br />(M C165(NE)(0301) VMP MORTGAGE FORMS- (800)521 -7291 <br />