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1� <br />State of Nebraska <br />805765 <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />0 Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug 23, 2004 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />--j <br />D <br />TRUSTOR: K MICHAEL OLIVER and CHRISTY R OLIVER, A /K /A CHRISTY N OLIVER, HUSBAND AND <br />314 PONDEROSA <br />GRAND ISLAND, NE 68803 <br />EJ 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 />LOT SIX (6), BLOCK ONE (1), PONDEROSA LAKE ESTATES FOURTH SUBDIVISION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hal l at 314 PONDEROSA <br />(County) <br />GRAND ISLAND , Nebraska 68803 <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 $ 173, 500.00 . 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 08/23/2004 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) page 1 of 4) <br />E-<�r t Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 N 1LCj <br />-C 165(NE) (030 1) VMP MORTGAGE FORMS - (800)521 -7291 <br />;0 <br />A <br />n <br />C <br />m <br />cca <br />o <br />n cn <br />p <br />M <br />Z <br />D <br />to <br />�' \ <br />L <br />m <br />O <br />M <br />y <br />rn 1�, <br />G3 <br />D <br />O <br />rV <br />o <br />�1 <br />C-1 t <br />y rn <br />r" <br />O <br />Q <br />, <br />1' <br />r <br />co <br />rr <br />n <br />cn <br />cn <br />Cn <br />CD <br />0 <br />Z <br />Space Above This Line For Recording Data <br />DEED OF TRUST <br />(With Future Advance Clause) <br />0 Construction Security Agreement <br />0 Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Aug 23, 2004 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />--j <br />D <br />TRUSTOR: K MICHAEL OLIVER and CHRISTY R OLIVER, A /K /A CHRISTY N OLIVER, HUSBAND AND <br />314 PONDEROSA <br />GRAND ISLAND, NE 68803 <br />EJ 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 />LOT SIX (6), BLOCK ONE (1), PONDEROSA LAKE ESTATES FOURTH SUBDIVISION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in Hal l at 314 PONDEROSA <br />(County) <br />GRAND ISLAND , Nebraska 68803 <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 $ 173, 500.00 . 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 08/23/2004 <br />NEBRASKA - DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) page 1 of 4) <br />E-<�r t Q 1994 Bankers Systems, Inc., St. Cloud, MN Form RE -DT -NE 1/30/2002 N 1LCj <br />-C 165(NE) (030 1) VMP MORTGAGE FORMS - (800)521 -7291 <br />