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TRUSTOR: FARBER INVESTMENT LLC
<br />PO BOX 5726
<br />GRAND ISLAND, NE 68803
<br />01f 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 />LOTS FOURTEEN (14) AND SIXTJEN (16), IN BLOCK NINE (9), IN UNIVERSITY PLACE AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND THAT PART OF VACATED
<br />PROSPECT STREET STARTING AT A POINT AT THE SOUTHWEST CORNER OF LOT SIXTEEN (16),
<br />BLOCK NINE (9), UNIVERSITY PLACE, AN ADDITON TO THE CITY OF GRAND ISLAND THENCE EAST
<br />ONE HUNDRED THIRTY -TWO FEET (E1321) ALONG THE SOUTHERLY LINE OF LOT SIXTEEN (16), TO
<br />THE SOUTHEAST CORNER OF LOT SIXTEEN (16), THENCE SOUTH THIRTY -FIVE FEET (S351) AT
<br />RIGHT ANGLES WITH THE SOUTHERLY LINE OF LOT SIXTEEN (16); THENCE WEST ONE HUNDRED
<br />T RTY- FE IT _( 132') P H THE SOUTHERLY LINE OF LOT SIXTEEN (16), THENCE
<br />�orth � }r ive feet �'M5W q to the place or ��,,
<br />TepropertyIsocatkin_________ — ________ P�bi 'N HOWARD___
<br />(County) — — — — — — — — — —
<br />GRAND I SLNAD _ _ _ _ , 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 $ 16, 336.88 _ _ _ _ _ This limitation of amount does not include interest and other fees
<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 08/12/2004
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (Page f
<br />Ej(,M Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />dM C165(NE) (0301) 4F'' MORTGAG6 FO*
<br />ORMS - (800)521 -7291
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<br />State of Nebraska
<br />Space Above This Line For Recording Data
<br />DEED OF TRUST
<br />(With Future Advance Clause)
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<br />Construction Security Agreement
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<br />0 Master form recorded by — — — —
<br />— — — — — — — — — — — — — — — — _
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<br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Au_q 12 ,
<br />2004
<br />and the parties, their addresses and tax identification numbers, if required, are as follows:
<br />_ _ _
<br />— — — —
<br />TRUSTOR: FARBER INVESTMENT LLC
<br />PO BOX 5726
<br />GRAND ISLAND, NE 68803
<br />01f 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 />LOTS FOURTEEN (14) AND SIXTJEN (16), IN BLOCK NINE (9), IN UNIVERSITY PLACE AN
<br />ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND THAT PART OF VACATED
<br />PROSPECT STREET STARTING AT A POINT AT THE SOUTHWEST CORNER OF LOT SIXTEEN (16),
<br />BLOCK NINE (9), UNIVERSITY PLACE, AN ADDITON TO THE CITY OF GRAND ISLAND THENCE EAST
<br />ONE HUNDRED THIRTY -TWO FEET (E1321) ALONG THE SOUTHERLY LINE OF LOT SIXTEEN (16), TO
<br />THE SOUTHEAST CORNER OF LOT SIXTEEN (16), THENCE SOUTH THIRTY -FIVE FEET (S351) AT
<br />RIGHT ANGLES WITH THE SOUTHERLY LINE OF LOT SIXTEEN (16); THENCE WEST ONE HUNDRED
<br />T RTY- FE IT _( 132') P H THE SOUTHERLY LINE OF LOT SIXTEEN (16), THENCE
<br />�orth � }r ive feet �'M5W q to the place or ��,,
<br />TepropertyIsocatkin_________ — ________ P�bi 'N HOWARD___
<br />(County) — — — — — — — — — —
<br />GRAND I SLNAD _ _ _ _ , 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 $ 16, 336.88 _ _ _ _ _ This limitation of amount does not include interest and other fees
<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 08/12/2004
<br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (Page f
<br />Ej(,M Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002
<br />dM C165(NE) (0301) 4F'' MORTGAG6 FO*
<br />ORMS - (800)521 -7291
<br />
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