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M = D <br />-" rn cn <br />C <br />Z _ <br />.� <br />C-DI <br />-� <br />cr) <br />C� -i <br />O m <br />n cn <br />T <br />O <br />—n <br />V <br />cM k' <br />r <br />� <br />\ <br />M fi, <br />M <br />-a <br />D <br />O N <br />f D <br />CO r- <br />W <br />CO CD <br />CID <br />U' <br />-t =3 <br />N <br />z <br />7 <br />State of Nebraska Space Above <br />This Line For <br />Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />�� \ <br />Construction Security Agreement <br />0 Master form recorded by_________________ <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) is <br />Sep 13, <br />20_04_ <br />and the parties, their addresses and tax identification numbers, if required, are as <br />follows: <br />TRUSTOR:FREDRIC J LEE and BARBARA E LEE, HUSBAND AND WIFE, <br />8218 N US HWY 281 <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 />SEE ATTACHED EXHIBIT "a" <br />The property is located in _ _ _ Hall _ at 8218_N US HIGHWAY-281- _ <br />(County) <br />GRAND ISLAND _ _ , Nebraska_ 68803 -9534_ <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 $ 31, 700.00 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 Line of Credit Agreement dated 09/13/2004 <br />NEBRASKA - HOME EQUITY LINE OF CREDIT DEED OF TRUST (NOT FOR FNMA, FHLMC, FHA OR VA USE) (page 1 4 <br />Q 1994 Bankers Systems, Inc., St. Cloud, MN Form OCP- REDT -NE 1/30/2002 <br />- C465(NE) (0301) VMP MORTGAGE FORMS - (800)521 -7291 <br />m <br />