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The date of this Deed of Trust (Security Instrument) is Sep 02, 2004_ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: c <br />TRUSTOR:SHARON ANN KELLEY, AN UNMARRIED PERSON <br />222 E 10TH ST <br />GRAND ISLAND, NE 68801 <br />0 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 />LOTS SIX (6) AND SEVEN (7), PLEASANT VIEW EIGHTH SUBDIVISION, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in _ Hal l at 1107-1111 SUN VALLEY DR <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 <br />shall not exceed $ 151, 000.00 - _ . This limitation of amount does not include interest and other <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 Promissory Note dated 09/02/2004 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />EXp'—L-M cO 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 •�h <br />OM - C465(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />m <br />� <br />n V) <br />s <br />C D <br />O <br />N CAD <br />z M <br />R' <br />o <br />M <br />� 0 <br />O <br />o <br />W <br />s <br />0 <br />rrI <br />>( <br />1 <br />tR� <br />z <br />D <br />ON <br />M <br />f' <br />� <br />f A <br />f D <br />� <br />CC) � <br />co 3 <br />i <br />7K <br />CD <br />O <br />W <br />�] Z <br />Cn <br />L-1 <br />Space Above 1 10��INN'.ataCONSTITUTES A <br />REAL ESTATE DEED OF TRUST CONSTRUCTION EE SECURITY INTEREST <br />(With Future Advance Clause) UNDER THE NEBRASKA CONSTRUCTION <br />® Construction Security Agreement LIEN ACT. <br />0 Master form recorded by <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is Sep 02, 2004_ _ <br />and the parties, their addresses and tax identification numbers, if required, are as follows: c <br />TRUSTOR:SHARON ANN KELLEY, AN UNMARRIED PERSON <br />222 E 10TH ST <br />GRAND ISLAND, NE 68801 <br />0 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 />LOTS SIX (6) AND SEVEN (7), PLEASANT VIEW EIGHTH SUBDIVISION, IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />The property is located in _ Hal l at 1107-1111 SUN VALLEY DR <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 <br />shall not exceed $ 151, 000.00 - _ . This limitation of amount does not include interest and other <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 Promissory Note dated 09/02/2004 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 of 4) <br />EXp'—L-M cO 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 •�h <br />OM - C465(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />m <br />